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A case study in how to develop a national cannabis flower brand

National cannabis brands are common in several sectors including infused products, vape pens and retail. But the industry has not seen many national flower brands.

A case study in how to develop a national cannabis flower brand is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/how-growers-can-execute-a-branding-deal/

Week in Review: Two states start medical marijuana sales, MT measure survives, Oregon streamlines licensing & more

Medical marijuana sales began in Missouri after voters approved legalization two years ago. Dispensaries in the St. Louis area reported strong interest as Missouri became the 34th state to launch a full-blown MMJ program. MJBizDaily takeaway: Put another pin in the U.S. map of states that have legalized medical cannabis. The Marijuana Business Factbook estimates […]

Week in Review: Two states start medical marijuana sales, MT measure survives, Oregon streamlines licensing & more is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/week-in-review-two-states-start-medical-cannabis-sales-montana-measure-survives-oregon-streamlines-licensing/

Majority of recent cannabis busts in Ontario involved medical grows, police say

Ontario’s provincial police service is trumpeting summer and fall seizures of illicit cannabis plants in Canada’s most populated province, highlighting large seizures of marijuana from “52 large-volume illegal operations” between July 1 and Oct. 15. Detective inspector Jim Walker of the Ontario Provincial Police (OPP) organized crime enforcement bureau told Marijuana Business Daily that the […]

Majority of recent cannabis busts in Ontario involved medical grows, police say is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/majority-of-recent-cannabis-busts-in-ontario-involved-medical-grows-police-say/

L.A. marijuana delivery lawsuit could be flashpoint among industry stakeholders

This story has been updated with a comment from Adam Spiker, executive director of the Southern California Coalition. The most recent legal fight facing Los Angeles’ marijuana licensing process is a lawsuit seeking to overturn a new requirement that all delivery permits go only to qualified social equity applicants. The legal action has divided the […]

L.A. marijuana delivery lawsuit could be flashpoint among industry stakeholders is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/los-angeles-marijuana-delivery-lawsuit-could-be-flashpoint-among-industry-stakeholders/

Newly enforced law might harm Italy’s medical cannabis market, pharmacies warn

Italian regulators have reminded pharmacies they are barred from shipping medical cannabis preparations to customers, a major departure from how patients have accessed the medicine for years in the southern European country. Business and patient groups warn that a government crackdown on such shipments – based on a 30-year-old law – could turn back the […]

Newly enforced law might harm Italy’s medical cannabis market, pharmacies warn is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/newly-enforced-law-might-harm-italys-medical-cannabis-market-pharmacies-warn/

Supply glut grows for Canadian edibles, dried cannabis

The discrepancy between sales of cannabis edibles and inventory in Canada is growing, according to the most recent data from the federal health regulator. In June, roughly 7.8 million packaged units of cannabis edibles were held in stock by federal license holders, provincial distributors and retailers. That compares with sales of 1.1 million units in […]

Supply glut grows for Canadian edibles, dried cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/supply-glut-grows-for-canadian-edibles-dried-cannabis/

Nevada cannabis companies face penalties for violations

Two Nevada marijuana companies might lose their business licenses and incur fines from state authorities for alleged violations of industry regulations. The case appears to represent a new push by regulators to crack down on cannabis companies in the state that don’t abide by all the rules. During a meeting of the Nevada Cannabis Compliance […]

Nevada cannabis companies face penalties for violations is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/nevada-cannabis-companies-face-penalties-for-violations/

L.A. opens licensing round amid waning interest among cannabis entrepreneurs

Los Angeles might be losing its luster – for marijuana entrepreneurs, that is. Long considered the largest cannabis market in the world, and with a customer base that would be the envy of any business owner, L.A. on Tuesday opened its latest marijuana business licensing window. The application process is open to social equity applicants […]

L.A. opens licensing round amid waning interest among cannabis entrepreneurs is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/los-angeles-opens-licensing-round-amid-waning-interest-among-cannabis-entrepreneurs/

New Zealand seeks proposals to educate doctors on medical cannabis

The New Zealand government has issued a request for proposals to provide the nation’s physicians with a primer on medical marijuana and its use as a medicine. The government hopes the resulting educational publication, or resource, will provide health practitioners with a starting point to understand cannabis and its medical uses. Improved doctor education is […]

New Zealand seeks proposals to educate doctors on medical cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/new-zealand-seeks-proposals-to-educate-doctors-on-medical-cannabis/

San Diego goes to court to collect marijuana business taxes

San Diego filed what appears to be a first-of-its-kind lawsuit to force a local cannabis grower to pay taxes the city says the business owes. Grizzly Peak Farms, which is based in Oakland, owes San Diego roughly $10,000 in unpaid city taxes for marijuana products it delivered to retail shops in the city between January […]

San Diego goes to court to collect marijuana business taxes is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/san-diego-goes-to-court-to-collect-marijuana-business-taxes/

DC medical cannabis dispensary signs five-year labor agreement

A medical cannabis dispensary unionized in Washington DC, an industry first in the nation’s capital, as the marijuana labor movement maintains momentum. DC Holistic Wellness signed a five-year contract with the United Food and Commercial Workers Union (UFCW), the leader in organizing the marijuana industry. The agreement adds to the industry’s growing list of labor […]

DC medical cannabis dispensary signs five-year labor agreement is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/dc-medical-cannabis-dispensary-signs-five-year-labor-agreement/

Montana high court tosses challenge to adult-use marijuana measure

The Montana Supreme Court quickly dismissed a last-minute lawsuit seeking to remove a recreational cannabis legalization initiative from the Nov. 3 ballot. The suit, filed by a group called Wrong for Montana, argued the taxation and regulation initiative violated the state’s constitution. The Montana Supreme Court shot down the legal challenge, saying in its ruling […]

Montana high court tosses challenge to adult-use marijuana measure is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/montana-high-court-tosses-challenge-to-adult-use-marijuana-measure/

West Virginia taps Metrc for medical cannabis seed-to-sale tracking system

Florida-based cannabis traceability company Metrc added another state contract to its growing list by securing a deal with West Virginia. With this contract, Metrc now supports 15 states and the District of Columbia. “This is an important step to make certain medical cannabis is available only to West Virginians with serious medical conditions and to […]

West Virginia taps Metrc for medical cannabis seed-to-sale tracking system is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/west-virginia-taps-metrc-for-medical-cannabis-seed-to-sale-tracking-system/

Colorado marijuana vape aerosol testing rules address key health issues

As they respond to the 2019 vaping health crisis, Colorado marijuana regulators are believed to be among the first in the nation to require cannabis vaporizer companies to test the aerosol produced when the oil is heated into vapor. The new testing requirement, meant to make vaping safer for Colorado consumers, could prompt other states […]

Colorado marijuana vape aerosol testing rules address key health issues is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/colorado-marijuana-vape-aerosol-testing-rules-address-key-health-issues/

Mississippi marijuana advocates told to stop using President Trump’s name

The Mississippi campaign attempting to get medical cannabis legalized in the state was sent a cease-and-desist order by President Donald Trump’s reelection campaign, ordering it to stop telling voters that he backs their cause. According to the Associated Press, the Trump campaign sent the order on Oct. 12 to Mississippians for Compassionate Care, which had […]

Mississippi marijuana advocates told to stop using President Trump’s name is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/mississippi-marijuana-advocates-told-to-stop-using-trumps-name/

Caregiver firms sue Maine for allowing out-of-state cannabis business owners

Two small marijuana caregiver businesses in Maine are suing seven recreational cannabis companies and state regulators in a federal lawsuit that claims some adult-use MJ firms have owners from out of state. Maine’s cannabis regulations say business owners must have filed state income taxes and live in Maine for four years, the Bangor Daily News […]

Caregiver firms sue Maine for allowing out-of-state cannabis business owners is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/caregivers-sue-maine-over-alleged-out-of-state-cannabis-business-owners/

Before election, focus on fundamentals, not emotions, in cannabis investing

Since we last looked at the performance of U.S. and Canadian operators on July 10, publicly traded cannabis companies have seen some interesting stock price trends as candidates running for the top offices in the U.S. take positions on marijuana reform. For a week in October, sentiment improved and cannabis stocks rallied on four words […]

Before election, focus on fundamentals, not emotions, in cannabis investing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/cannabis-investors-should-focus-on-fundamentals-not-election-driven-emotions/

Canadian cannabis sales grow to nearly CA$245 million in August

Canadian sales of legal adult-use cannabis grew by 5.2% from July to August, reaching a monthly total of 244.9 million Canadian dollars ($186.9 million). The monthly record for Canadian marijuana sales implies an annualized market worth more than CA$2.9 billion. Statistics Canada’s retail trade data for August tracked sales in all 10 provinces, plus the […]

Canadian cannabis sales grow to nearly CA$245 million in August is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/canadian-cannabis-sales-grow-to-nearly-ca245-million-in-august/

Flowr to buy Terrace Global amid tepid cannabis M&A market

Toronto-based cannabis producer The Flowr Corp. entered into a definitive agreement to acquire Terrace Global, a Canadian company focused on the development of international marijuana assets. The all-share transaction, expected to close by the end of the year, is worth about 63 million Canadian dollars ($48 million), Flowr said in a news release. Flowr CEO […]

Flowr to buy Terrace Global amid tepid cannabis M&A market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/flowr-to-buy-terrace-global-amid-tepid-cannabis-ma-market/

California’s marijuana legalization law, Prop 64, is broken and needs reform

I’ve been outspoken about the need to amend California’s Proposition 64, which legalized cannabis in the state, since it became clear that the framework had failed and our community was suffering. Here are the three ways to fix it.

California’s marijuana legalization law, Prop 64, is broken and needs reform is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/californias-marijuana-legalization-law-prop-64-is-broken-and-needs-reform/

Massachusetts to limit number of cannabis delivery licenses

Marijuana regulators in Massachusetts decided Tuesday to restrict the number of recreational cannabis delivery licenses and rejected a plan to delay delivery until 2023. According to the State House News Service, the Massachusetts Cannabis Control Commission agreed to allow one business to own up to two delivery licenses – either two marijuana delivery courier licenses, […]

Massachusetts to limit number of cannabis delivery licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/massachusetts-to-limit-number-of-cannabis-delivery-licenses/

Harborside acquires San Francisco social equity marijuana retailer

This story has been updated with a new quote from San Francisco Cannabis Retailers Alliance President Johnny Delaplane. Oakland, California-based Harborside said it acquired a majority stake in FGW Haight, a company that in June was awarded a conditional-use permit for a retail marijuana shop in San Francisco. Under the terms of the deal, Harborside […]

Harborside acquires San Francisco social equity marijuana retailer is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/harborside-acquires-san-francisco-social-equity-marijuana-retailer/

Applications open to supply France with free medical cannabis via pilot program

The French Minister of Solidarity and Health has signed a lengthy decree specifying how a small-scale pilot program will be supplied with medical cannabis that ultimately will be given to patients free of charge. That decree, signed Friday, was followed by the Agency for the Safety of Medicines and Health Products (ANSM) publishing the application process […]

Applications open to supply France with free medical cannabis via pilot program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/applications-open-to-supply-france-with-free-medical-cannabis/

Join H&T Presspart’s ‘Revolutionising Medical Cannabis Drug Delivery’ webinar

H&T Presspart alongside Concept Global 1, will host a webinar introducing participants to metered-dose devices (MDDs) as an effective and safe form of oral respiratory drug delivery for the Cannabis & CBD market. The webinar will take place on the 19th November 2020 at 4pm GMT / 11am EDT/. The webinar entitled ‘Revolutionising Medical Cannabis […]

Join H&T Presspart’s ‘Revolutionising Medical Cannabis Drug Delivery’ webinar is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/join-ht-pressparts-revolutionising-medical-cannabis-drug-delivery-webinar/

Canada’s Vivo Cannabis cuts jobs in push for positive cash flow

Toronto-based producer Vivo Cannabis is cutting 18% of its workforce, selling unspecified assets and tweaking its leadership team as part of an effort to cut costs and achieve positive cash flow. Vivo owns two Canadian cannabis license holders: ABcann Medicinals, which has two production facilities in Napanee, Ontario, and Canna Farms in Hope, British Columbia. […]

Canada’s Vivo Cannabis cuts jobs in push for positive cash flow is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/canadas-vivo-cannabis-cuts-jobs-in-push-for-positive-cash-flow/

Cannabis delivery operator, trade groups sue L.A. over social equity rules

A marijuana businessman and two trade associations filed suit against Los Angeles, asking a judge to throw out a new city ordinance that devotes all MJ delivery business permits to social equity applicants until 2025. At issue are 20 delivery licenses that the city authorized in 2017 for non-social equity entrepreneurs that were supposed to […]

Cannabis delivery operator, trade groups sue L.A. over social equity rules is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/cannabis-delivery-operator-trade-groups-sue-los-angeles-over-social-equity-rules/

Recreational cannabis brand and product expansion slow in US markets

Marijuana companies are slowing the rollout of new brands and products in what might be the latest sign of market maturity in early states that legalized adult-use sales. This is good news for established cannabis brands as competition for shelf space declines while sales continue to grow. Brand recognition and strong products also will be […]

Recreational cannabis brand and product expansion slow in US markets is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/recreational-cannabis-brand-and-product-expansion-slow-in-us-markets/

Virginia’s limited medical marijuana program launches

Virginia’s first medical cannabis dispensary opened Saturday morning in a limited market projected to reach only around $10 million in sales in 2021. Virginia became the 33rd state to launch an MMJ program, an hour before Missouri started sales. Virginia-based Dharma Pharmaceuticals opened its dispensary in Bristol by appointment only, according to a company news […]

Virginia’s limited medical marijuana program launches is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/virginia-launches-limited-medical-marijuana-program/

Cannabis company Acreage repays 60%-interest loan

How much is a New Jersey medical marijuana license worth, with the potential of leveraging that into an adult-use permit in the near future? For New York-based marijuana multistate operator Acreage Holdings, it was worth paying $3 million in interest for four months. Acreage said Monday it has paid about $18 million to retire a $15 […]

Cannabis company Acreage repays 60%-interest loan is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/cannabis-company-acreage-repays-60-interest-loan/

UFCW unionizes California marijuana delivery company

Employees at Stachs, a cannabis delivery operator in the Northern California towns of Clearlake and Cotati, ratified a three-year contract with the United Food and Commercial Workers Union (UFCW).

UFCW unionizes California marijuana delivery company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: https://mjbizdaily.com/ufcw-unionizes-california-marijuana-delivery-company/