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Week in Review: Weedmaps to end its ads for illicit cannabis, FBI probes MJ industry, MO licensing odds & more

Weedmaps plans to cease advertising unlicensed cannabis retailers, the FBI looks into public corruption in the legal marijuana industry, Missouri receives more than 2,000 medical marijuana applications – and more of the week’s top cannabis business news. Weedmaps to stop advertising unlicensed businesses The influential marijuana site Weedmaps, which is one of the most popular […]

Week in Review: Weedmaps to end its ads for illicit cannabis, FBI probes MJ industry, MO licensing odds & more is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Utah lawmakers consider ditching state-run medical cannabis system

Utah legislators are drafting a proposal to scrap a planned state-run medical marijuana dispensary system and instead increase the number of private facilities, which could boost business opportunities and sales. Lawmakers are considering the change after facing pressure from county attorneys who said the system put public employees at risk of being prosecuted under federal drug […]

Utah lawmakers consider ditching state-run medical cannabis system is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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FBI scrutiny of corruption in US cannabis industry welcomed by some, scorned by others

The FBI’s announcement that it is probing public corruption in the legal marijuana industry has stirred up strong reactions among cannabis insiders. While some complain the FBI’s scrutiny is another example of how the legal MJ industry is being unfairly targeted as if it’s a bottomless gold mine, others welcome the feds’ attention to illicit […]

FBI scrutiny of corruption in US cannabis industry welcomed by some, scorned by others is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Michigan offers application help to adult-use marijuana businesses

Michigan regulators are hosting a series of educational sessions in September for potential recreational cannabis business applicants, with online applications starting Nov. 1. The five sessions are designed to demonstrate the online business license application process. Under Michigan’s adult-use marijuana law, local jurisdictions decide whether to permit or ban commercial rec MJ activity. There is […]

Michigan offers application help to adult-use marijuana businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Pew report: Recreational cannabis tax revenues remain volatile

Tax revenues generated by the legal recreational marijuana industry are highly unpredictable because of the lack of reliable data, according to a report released Monday by The Pew Charitable Trusts, an independent nonprofit organization. Uncertainties regarding sales, prices and demand make projections difficult, according to the report. The study focuses on why states need to […]

Pew report: Recreational cannabis tax revenues remain volatile is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Missouri gets 2,000+ medical marijuana applications

Missouri regulators received roughly 2,100 applications for up to 348 medical cannabis licenses. More than 1,200 applications arrived in the past three days, including 800 in the 24 hours leading up to the extended deadline, according to state officials. The deadline was extended from Saturday until 4:30 p.m. CT Monday. Here are the key details about […]

Missouri gets 2,000+ medical marijuana applications is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Louisiana medical cannabis supplies adequate, state says

Louisiana medical marijuana dispensaries aren’t reporting any supply shortages or other problems two weeks after patients began receiving products. That was the consensus Monday from state regulatory officials at a meeting to update MMJ supporters about the progress of Louisiana’s program. John Davis, an executive with GB Sciences Louisiana, one of two state-sanctioned MMJ growers, told […]

Louisiana medical cannabis supplies adequate, state says is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Ohio panel reverses course on anxiety, autism as medical marijuana conditions

Ohio’s fledgling medical marijuana market was dealt a blow when an expert panel rescinded its recommendation to approve anxiety and autism as qualifying conditions. In neighboring Pennsylvania, adding anxiety to the MMJ list of conditions has resulted in a boom in patients and sales. The Ohio medical board committee reversed its position after four of […]

Ohio panel reverses course on anxiety, autism as medical marijuana conditions is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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New Mexico gov opposes opening medical cannabis market to nonresidents

New Mexico Gov. Michelle Lujan Grisham’s administration is intervening to challenge a recent judge’s ruling that would boost medical marijuana sales by compelling the state to open its market to qualified nonresidents. The governor’s legal office argued in a court motion that the ruling raises significant issues, such as possibly encouraging the transport of MMJ products […]

New Mexico gov opposes opening medical cannabis market to nonresidents is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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