Browsing Marijuana News

The Northeastern Cannabusiness Symposium held on March 16th in Boston, MA, featured presentations and panel discussions from heralded speakers and experts involved (directly or indirectly) in the medical marijuana industry. With the continued budding of the marijuana industry in America (18 states plus Washington D.C. have now legalized the practice), entrepreneurs stand at the forefront of what could be the nation’s next gold rush. Deputy Director Betty Aldworth and Executive Director Aaron Smith from The National Cannabis Industry Association (NCIA) have been organizing events and symposiums around the country to support this very endeavor. The …

According to MMJ Business Daily, California’s medical marijuana market is the largest in the country, with annual retail sales between $700 million and $900. However, the grass is not as green as it may appear, at least in this case. Although the medical marijuana being provided in California is some of the best in the world, “a lack of state-wide regulations on dispensaries has created a unpredictable business climate that leaves itself open to chaos.” “This is a concrete plan that will keep medical marijuana safe. We will get it into the right hands and keep it …

Mayor Bob Filner announced his final proposal is complete and ready for discussion in the City Council meeting tentatively scheduled for March 25th. Local governments, police, and both district and state attorneys have treated the medical marijuana community in San Diego rather unfairly over the years. With no real representation, the community has been bullied by the feds with the assistance of local authorities. Luckily, Mayor Filner is able to see through the ignorance of it all and is working to move forward with regulations to establish permanent safe access in San Diego. Yesterday, the Mayor’s office …

Colorado’s Amendment 64 Implementation Task Force officially completed its final report on the full implementation of the state’s new recreational bill on March 13th. The group had until February 28th to complete the task of creating regulations for how the state ought to implement the new recreational law. That’s right, ought to. The task force’s report is simply a rough draft, or a recommendation, for the state lawmakers to use in their decision-making. Final marijuana regulations will be decided by a special marijuana committee that has been created in the state to deal …

The Oregon ‘House Committee on Revenue’ introduced House Bill 3371, or the ‘Control, Regulation & Taxation of Cannabis Act’, on Monday, February 25. Following the end of cannabis prohibition in its neighbor state, Washington, Oregon lawmakers have finally drafted a shrewd bill of their own. The bill will provide for the production, processing and sale of cannabis and cannabis-infused products and will give the Oregon Health Authority the authority to license all of these business owners. “We’re going to need a new bridge, pronto.” – The Oregonian The Oregon bill takes good parts from both Washington and Colorado …

MedBox Inc., the leader in biometrically controlled dispensing and storage systems, has plans to launch 30 branded dispensaries in San Diego. Although delivery service dispensaries in San Diego are hardly clinging to life, a proposed ordinance could possibly allow for as many as 100 storefronts to open in the near future. The ordinance would allow many dispensary owners to re-open businesses, and would pave the way for other entrepreneurs looking to get involved in the industry. One such company that has their eye on San Diego, MedBox Inc. (OTC Pink: MDBX), programs and …

If you are considering investing in, or launching a cannabis-related business in the Tri-State area, do not miss MMJ Business Daily’s exclusive networking and seminar in NYC on Thursday, March 14th from 6-9:30pm. Medical Marijuana Business Daily is an “industry trade publication written by professional business journalists.” The company publishes breaking industry news each day for their thousands of readers, “including dispensaries, ancillary business execs, lawyers, and investors.” This Thursday, March 14th, the MMJ Business Daily seminar will be held for serious investors, executives and entrepreneurs looking to get into the MMJ industry (the …

The New Hampshire ‘House Health, Human Services & Elderly Affairs Committee’ approved a medical marijuana bill yesterday in a 14-1 vote. House Bill 573 was sponsored by Rep. Donna Schlachman (D-Exeter), and would create one of the more strict MMJ programs in the country. The bill would allow for up to five state-licensed dispensaries, and much to the dismay of Gov. Maggie Hassan, home cultivation would be permitted as well. “You have to be almost dead before using medical marijuana…I would prefer a person be able to use marijuana as part of their treatment.” …

Advocates on both sides of the debate are watching closely to see which way state Supreme Court justices will lean in an effort to clear the air about medical marijuana dispensaries. Since 1996, when California voters enacted the Compassionate Use Act (Proposition 215), the legal use of medical marijuana has prompted impassioned discussion among those for and against the distribution and sale of medical cannabis. The act provides patients with a valid doctor’s recommendation an avenue through which to possess and cultivate marijuana for personal use. The question has always been, and continues to be, how to best create an …

Newly elected mayor of San Diego, Bob Filner has been working rigorously to help protect and promote the medical marijuana industry. For San Diegans, this issue has never been more crucial due to recent police raids and legal action taken against hundreds of local medical marijuana dispensaries. Said raids on these medicinal marijuana dispensaries have resulted in the loss of more than a thousand jobs, and are locally viewed as a financial and ethical strain on the city. An ordinance has been proposed in Council that could bring the medical marijuana industry back to life in San Diego. With mounting …