Marijuana Business Daily

New Jersey is allowing medical marijuana dispensaries to advertise prices on their websites and social media, a move generally welcomed by the state’s cannabis industry as a way to differentiate offerings. “Certainly it’s going to be good for…

On the eve of Canada’s historic launch of its recreational marijuana program, the global cannabis industry appears poised for explosive growth thanks to the confluence of a host of market developments. “The well-capitalized cannabis industry has been…

A harder stand on drugs by Colombia’s new president won’t have a negative impact on the country’s burgeoning legal medical cannabis industry, according to executives in the country – and it could even be a positive development for the sector. President…

More busts indicate that state and local authorities in California continue to step up efforts to crack down on black market cannabis operations, a development that could help licensed businesses who’ve long complained that illicit operators undercut their…

New Jersey’s medical marijuana program regulators won’t make the Nov. 1 deadline to announce the winners of six additional dispensary licenses. Demand for medical marijuana in the Garden State spurred New Jersey Gov. Phil Murphy in July to call for…

While hemp and marijuana may be close relatives, most hemp-derived CBD retailers don’t sell the products alongside medical cannabis. But as state laws around cannabidiol continue to change, stand-alone CBD stores may become a relic. According to estimates…

California-based marijuana giant MedMen released an inaccurate statement this week saying it had signed a definitive agreement to acquire a licensed dispensary from Berkeley Patients Group, one of the nation’s oldest cannabis retailers.…

Washington state regulators Friday abruptly reversed a recent decision halting the production of certain marijuana edibles and will now allow infused product makers to manufacture state-approved gummies and hard candies, a spokesperson for the state’s…

Hawaii’s first and biggest cannabis testing lab is sending back a sizable percentage of the medical marijuana it tests for contaminants. Hawaii News Now reports that Honolulu-based Steep Hill Hawaii is rejecting 20%-30% of the marijuana that comes through…

Forging physician signatures can get someone booted from the marijuana industry and could lead to jail time. That’s the hard lesson Carolan Krajewski, owner of Delaware Holistic Medicine, which provided health records to help patients get medical marijuana…

Multistate cannabis operator Cresco Labs is looking to go public in Canada via a reverse takeover (RTO), the latest U.S. firm to use this path to a listing on the Canadian Securities Exchange (CSE). The firm announced Wednesday that it’s pursuing an RTO…

Three former executives claim in a new lawsuit that prominent California marijuana consultant Avis Bulbulyan is a “talented prevaricator” whose “entire professional image is built on a carefully manufactured foundation of deceptions.” The suit, filed…

Oklahoma banking officials are urging financial institutions to be cautious or even stay clear of the state’s nascent medical marijuana industry, dealing a potential setback to MMJ companies hoping to secure accounts with local banks or credit unions.…

Sweet Leaf’s owners strike a deal with Colorado marijuana regulators, New Jersey and Illinois take steps to bolster their medical cannabis markets, and Alaska overhauls its MJ business taxes. Here’s a closer look at some notable developments in the…

Specially trained doctors will be able to legally issue prescriptions for cannabis-based medicines for the first time in the United Kingdom starting Nov. 1, marking an important milestone for the medical marijuana industry in the country. The law introduced in…

Social media giant Facebook will stop blocking marijuana-related searches, including those for legitimate businesses with the word “cannabis” or “marijuana” in the name, MarketWatch reported. The move, which ends a monthslong block on cannabis and…

Canada’s securities watchdog is warning the country’s publicly traded marijuana companies to improve their disclosure practices – including any risks tied to their executives and employees crossing into the United States – or face additional regulatory…

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The world’s largest retailer, Walmart, is considering selling CBD products in Canada, a development that comes just days before the country’s recreational marijuana markets open. But Walmart says it isn’t ready to start selling cannabidiol just yet.…

Canadian marijuana cultivator Flower One Holdings agreed to purchase a Nevada cannabis cultivation business for $27 million, expanding the Toronto-based company’s footprint in the Silver State’s rapidly growing MJ industry. With the purchase of 100% of…

MedMen Enterprises has agreed to acquire multistate medical marijuana company PharmaCann in an all-stock deal valued at $682 million, inking what is believed to be the largest acquisition to date in the U.S. cannabis industry. The deal will double the number…

Loveland, Colorado-based Mile High Labs – a manufacturer of CBD crude oil, distillate and isolate – closed a $35 million Series A funding round as it works to expand its operations. The raise was led by institutional investors from the United States and…

In November 2016, the U.S. marijuana industry was aflutter over both the election of President Donald Trump and his nearly immediate appointment of then-U.S. Sen. Jeff Sessions as attorney general.…

California regulators are moving ahead with a second round of nonpermanent licensing to allow marijuana companies to continue operating without a permanent license while state and local officials process a backlog of permit applications. The move is intended…

British Columbia is set to join other Canadian provinces in giving hotel owners the option to allow recreational marijuana consumption in guest rooms, opening the door to potentially lucrative new cannabis tourism opportunities. According to the province’s…

Alaska is revising how it taxes cannabis to address concerns raised by local MJ industry executives, a move that will make distinctions between different types of bud. The current excise tax per wholesale ounce of cannabis bud or flower is $50 in Alaska,…

A member of Massachusetts’ marijuana regulatory agency predicted that social consumption businesses are “years” away from happening in the Bay State, even though a voter-approved ballot initiative legalizing recreational MJ in 2016 gave regulators the…

A new cannabis political action committee, Californians for Sensible Regulation of Adult Use, hopes to raise $300,000 by 2020 to support industry-friendly candidates for public office in the state’s key locales. The PAC planned to be operational months ago…

If you’ve ever planted a garden or nurtured a lawn you’ve probably heard of Scotts Miracle-Gro. The Ohio company’s subsidiary, Hawthorne Gardening in Vancouver, Washington, has more recently helped cultivators with a trickier plant than carrots or…

Canadian investors are turning their attention to the U.S., as multistate operators continue to build their infrastructure.…