Marijuana World News

Marijuana Business Daily reporters were on the ground in Canada, providing live coverage of the nation’s historic launch of its recreational cannabis market. Our staff filed updates throughout the day, providing you a front-row seat for the opening of recreational shops and to get insights on sales, challenges, successes and breaking news from the largest country […]

Canada’s Landmark Day: Country launches industrialized world’s first recreational cannabis market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Former Canadian Prime Minister Brian Mulroney plans to join the board of New York-based Acreage Holdings, becoming the latest political heavyweight affiliated with the multistate marijuana company. Mulroney – prime minister from 1984 to 1993 – will join a board stacked with political and corporate veterans, including: former U.S. House Speaker John Boehner; former Massachusetts […]

Former Canadian PM Mulroney to join US cannabis company Acreage is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The Ontario Cannabis Store, the government-sponsored online cannabis retailer – and, for now, the only Ontario outlet selling marijuana in Canada’s most-populated province – is experiencing a blitz of business but also some glitches. The Ontario Cannabis Store has registered 38,000 sales since going live at midnight local time, said Ontario Premier Doug Ford, according […]

Sales blitz and speedbumps for Ontario Cannabis Store’s e-commerce site is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A bipartisan group of legislators wants the Trump administration to explain how the U.S. plans to deal with Canadians involved in the cannabis industry as that nation rolls out its adult-use market and in the wake of reports of border crackdowns. According to Rolling Stone, the lawmakers are sending a letter to the administration Wednesday, […]

Lawmakers seek clarity on US border stance toward Canadian marijuana workers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Provincial wholesalers and online retailers of recreational cannabis are lining up new distributors to avert a possible disruption in deliveries if Canada Post workers go on strike next week. The union representing 50,000 employees of Canada’s main postal company gave notice that its workers could walk off the job if a new labor deal is […]

Provinces warn of marijuana delivery delays if Canada Post strikes is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Canada took its first steps into a future of legal cannabis Wednesday, but what that means for prohibition in other countries largely remains to be seen. Will other countries follow Canada’s move toward ending prohibition? What impact will ending prohibition there have on global medical cannabis markets? Canadian Senator Tony Dean believes every country will […]

Is Canada’s marijuana legalization a ‘template’ for the world to follow? is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The first legal crop of medical marijuana in Louisiana is set to be harvested this week. However, testing is still necessary before product can ship, and the state hasn’t yet selected a third-party laboratory. The licensed grower working with the Louisiana State University Agriculture Center, GB Sciences, expects to start the drying process by next week, The […]

Louisiana’s first medical cannabis harvest to start this week is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Michigan Gov. Rick Snyder, as expected, signed legislation to immediately prohibit cannabis-infused alcoholic drinks in the state. The law enacted Tuesday bars the use, possession or sale of marijuana-infused beer, wine, liquor and mixed drinks. The Republican governor’s signature follows overwhelming legislative support of the bill. Supporters said the measure was a pre-emptive move in case […]

Michigan bans marijuana-infused alcoholic drinks is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

In this month's issue of Marijuana Business Magazine, we cover concentrate questions in Extraction Smackdown, speak on holiday branding, THC versus CBD ...

Behind the Cover: Photos from Marijuana Business Magazine’s October 2018 Issue is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Canada opened its doors to recreational marijuana Wednesday, becoming the first Group of Seven industrial nation to legalize recreational marijuana at the federal level. While few brick-and-mortar stores were actually operational, the launch marks the start of what will eventually become a multibillion-dollar industry. Across Canada, only about 100 physical stores were expected to begin […]

Canada embarks on legal cannabis: What we’re watching is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Readers of the Wall Street Journal were greeted Tuesday morning by a full-page advertisement calling on President Donald Trump to lift federal marijuana bans, as U.S. cannabis firms seek to capitalize on Canada’s recreational launch. “We want to get cannabis into the national narrative because this industry presents the biggest economic opportunity our generation will […]

US cannabis firm places Wall Street Journal ad to appeal to Trump is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Montana regulators have set the maximum amount of space that medical cannabis providers are allotted per patient at 30 square feet, causing overproduction concerns among licensed marijuana companies. The state health department set the amount for square footage for each registered patient while finalizing rules for the medical marijuana program earlier this month, the Billings Gazette […]

Montana regulators set rules on medical marijuana cultivation space is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

When Canada becomes the first Group of Seven country to legalize recreational cannabis on Wednesday, market observers say it will amount to a “soft launch,” with the full financial effect of this multibillion-dollar industry still years from being realized. The early months will be marked by a small number of stores, limited product selection and […]

Full financial effect of Canada’s recreational marijuana ‘soft launch’ may be years away is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The vast majority of Canadian consumers who had hoped to start legally growing their own cannabis for recreational use as early as Wednesday will be out of luck. Wholesalers in the country’s two largest cannabis markets – Ontario and British Columbia – confirmed to Marijuana Business Daily that they will not have recreational marijuana seeds or […]

‘Shortage’ of marijuana seeds may delay legal Canadian home grows is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 businesses,” said Scott Rudder, president of the New Jersey CannaBusiness Association. “It gives them the opportunity to show […]

New Jersey medical cannabis dispensaries can now post prices online is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 evolving rapidly and looks to address a far larger (market) than we had originally forecast,” Wall Street analyst […]

Ahead of Canada’s big day, forecast for cannabis industry gets a boost is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 Ivan Duque signed a decree on Oct. 1 banning the possession and use of […]

Colombian government’s antidrug stance could boost legal cannabis industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

More enforcement actions 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 that have long complained that illicit operators undercut their sales. Here’s a roundup of some of the latest enforcement news from California: Detectives with the […]

CA busts on illegal marijuana operations continue: Thousands more plants seized is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 doubling the number of dispensaries, from six to 12. But the state has been flooded with […]

NJ medical cannabis program delayed by glut of dispensary applications is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 from Hemp Industry Daily in the 2018 Hemp & CBD Industry Factbook, CBD sales in the U.S. are expected to […]

Chart: The days of CBD-only stores may be numbered is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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.

MedMen corrects statement about acquiring marijuana store from Berkeley Patients Group is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 spokesman for the state’s Liquor and Cannabis Board (LCB) told Marijuana Business Daily. The reversal – which came after fierce industry opposition – will no doubt […]

In reversal, WA state permits production of cannabis gummies, hard candies is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Hawaii’s first and biggest cannabis testing lab is sending back a sizable percentage of the medical marijuana it tests for contaminants. Honolulu-based Steep Hill Hawaii is rejecting 20%-30% of the marijuana that comes through its doors, according to Hawaii News Now. Michael Covington, chief operations officer for Steep Hill Hawaii, told the news outlet that 95% […]

Hawaii lab rejects more than 20% of medical marijuana tested is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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, is learning after pleading guilty to tampering with public documents. The business, which previously was known as Disjointed, provided health records to help patients get medical marijuana […]

DE medical cannabis business owner gets industry ban for forging doctor’s signature is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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). Cresco announced Wednesday that it’s pursuing an RTO of Randsburg International Gold, an Ontario-based firm that has no significant operations but is listed on […]

Marijuana firm Cresco Labs charts plan to go public in Canada is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 last week by Lance Ott, David Yeager and Steve Baghoomian, alleges Bulbulyan lured them to join his cannabis consultancy, SIVA […]

California cannabis industry heavyweights file lawsuit in response to federal suit filing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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. Oklahoma banking commissioner Mick Thompson told a legislative working group that financial institutions must weigh the dangers […]

Oklahoma banking officials warn banks about serving medical marijuana firms is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 cannabis industry this week. Sweet Leaf hit hard The owners of the once high-flying Colorado marijuana […]

Week in Review: Sweet Leaf owners make a deal, NJ/IL medical cannabis reform & Alaska tax revamp is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 the U.K. Parliament today will ultimately pave the way for one of the largest MMJ […]

United Kingdom sets date for first medical cannabis prescriptions is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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 related search results, is expected to help marijuana businesses engage with consumers via social media. Facebook’s unexpected decision comes ahead of […]

Facebook to allow cannabis searches ahead of Canada’s adult-use legalization is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

1.) Two people arrested in Pueblo County after fire at mobile home, investigators suspect hash oil blaze

Two people were arrested Tuesday afternoon in Pueblo County after firefighters and police responded to a fire, which allegedly was sparked by butane hash oil production.

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2.) Canada now world's largest legal marijuana marketplace

Ian Power was among the first to buy legal recreational marijuana in Canada but he has no plans to smoke it.

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3.) Marijuana legalization in Canada won't change NHL -- yet

As Riley Cote took and delivered countless punches over more than a decade of junior and pro hockey, he was eager to avoid painkillers.

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4.) Terrapin Care Station offers discounted weed for registered voters

Terrapin Care Station is trying a novel approach to encouraging people to register to vote -- discounted weed.

The post Terrapin Care Station offers discounted weed for registered voters appeared first on The Cannabist.

5.) U.S. Senate confirms Jason Dunn as next U.S. Attorney for Colorado

Jason Dunn has been confirmed by the U.S. Senate to become the next U.S. Attorney for Colorado and Wyoming.

The post U.S. Senate confirms Jason Dunn as next U.S. Attorney for Colorado appeared first on The Cannabist.

6.) Federal drug agents raid multiple homes in Aurora in search of illegal marijuana grows

Federal and local agents fanned out across an affluent Aurora neighborhood near Cherokee Trail High School on Wednesday morning executing search warrants on suspected illegal marijuana grow houses, authorities say.

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7.) Canada set to become largest country with legal marijuana sales

Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there.

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8.) White House drug office vows objective pot study, Colorado Sen. Michael Bennet says

A White House drug office official has offered assurances that a marijuana policy panel will be objective and dispassionate as it examines the impact of legalization in some states, a Colorado Sen.

The post White House drug office vows objective pot study, Colorado Sen. Michael Bennet says appeared first on The Cannabist.

9.) Denver crackdown on marijuana tour buses heads to court while city task force says "legalize it."

Two months after undercover police led a raid on marijuana party buses, the city of Denver is gearing up for a court fight.

The post Denver crackdown on marijuana tour buses heads to court while city task force says "legalize it." appeared first on The Cannabist.

10.) It's high time we took a breath from marijuana commercialization

The impacts of marijuana commercialization are why you may start seeing U.S. attorneys shift toward criminally charging licensed marijuana businesses and their investors.

The post It's high time we took a breath from marijuana commercialization appeared first on The Cannabist.

11.) Marijuana businesses in compliance with Colorado law could face federal charges under new enforcement strategy

The new approach could lead to federal charges being brought against marijuana businesses that are in full compliance with Colorado law and not selling pot on the black market, U.S.

The post Marijuana businesses in compliance with Colorado law could face federal charges under new enforcement strategy appeared first on The Cannabist.

12.) LAX allows pot in airport but TSA says it's still a crime

Here's another thing travelers can consider bringing when a trip takes them through Los Angeles International Airport — marijuana.

The post LAX allows pot in airport but TSA says it's still a crime appeared first on The Cannabist.

13.) Thieves crash stolen minivan into Colorado Springs pot dispensary, hit police car during escape

A team of alleged burglars crashed a stolen mini-van through the glass front entrance of the Native Roots Marijuana dispensary, stole containers of marijuana and then crashed into an oncoming police vehicle during their escape early Wednesday morning.

The post Thieves crash stolen minivan into Colorado Springs pot dispensary, hit police car during escape appeared first on The Cannabist.

14.) Marijuana bust in El Paso County leads to suspected stolen vehicle chop shop

Investigators in El Paso County checking on a suspected illegal marijuana grow uncovered an alleged stolen vehicle "chop shop" on an adjoining property. 

The post Marijuana bust in El Paso County leads to suspected stolen vehicle chop shop appeared first on The Cannabist.

15.) Longmont police arrest man, two juveniles in marijuana robbery

Longmont police on Friday arrested an adult man and two juveniles, alleging they beat and robbed a man for his marijuana.

The post Longmont police arrest man, two juveniles in marijuana robbery appeared first on The Cannabist.

16.) Marijuana seizures on Colorado public land nearly doubled in 2017

Last year, the long arm of the law pulled a record number of marijuana plants from public lands in the state.

The post Marijuana seizures on Colorado public land nearly doubled in 2017 appeared first on The Cannabist.

17.) California pot products seeing big safety testing failure rate

Nearly 20 percent of marijuana products in California have failed tests for potency and purity since the state started requiring the checks on July 1, a failure rate some in the industry say has more to do with unrealistic standards and technical glitches than protecting consumer safety.

The post California pot products seeing big safety testing failure rate appeared first on The Cannabist.

18.) Boulder couple to open locally sourced CBD boutique

Boulder couple Jessica and Ed Bates are opening a new CBD boutique that will be stocked with products made from hemp grown right down the road from future store location.

The post Boulder couple to open locally sourced CBD boutique appeared first on The Cannabist.

19.) It's time for Colorado to update it marijuana laws

Colorado has done an admirable job of implementing the legalization of medical and retail marijuana, creating a stable regulatory environment in which the industry can grow, while protecting the public health and safety.

The post It's time for Colorado to update it marijuana laws appeared first on The Cannabist.

20.) Fallen pot package in Nebraska leads to possible prison time for Colorado man

Two people arrested in south-central Nebraska are facing possible prison time for hauling marijuana, including some that had fallen onto Interstate 80.

The post Fallen pot package in Nebraska leads to possible prison time for Colorado man appeared first on The Cannabist.

21.) Mind-altering breast milk? New marijuana study poses that question.

Marijuana's main mind-altering ingredient was detected in nursing mothers' breast milk in a small study that comes amid evidence that more U.S. women are using pot during pregnancy and afterward.

The post Mind-altering breast milk? New marijuana study poses that question. appeared first on The Cannabist.

22.) Mandatory testing costly for Colorado marijuana growers

New mandatory marijuana pesticide testing in Colorado is putting a financial squeeze on local cultivators to the tune of thousands of dollars in increased costs.

The post Mandatory testing costly for Colorado marijuana growers appeared first on The Cannabist.

23.) Denver's second licensed social marijuana business to open this fall as vaping bar and lounge

Denver's licensing director signed off Friday on the city's second license for a marijuana consumption area in a business, paving the way for a vaping bar and lounge to open this fall on South Broadway.

The post Denver's second licensed social marijuana business to open this fall as vaping bar and lounge appeared first on The Cannabist.

24.) Backyard marijuana grow bust in Pueblo West yields 57 plants worth estimated $171K

A 58-year-old woman was arrested Tuesday afternoon when sheriff's deputies found an illegal marijuana grow, and evidence of a butane hash oil operation, at her Pueblo West home. 

The post Backyard marijuana grow bust in Pueblo West yields 57 plants worth estimated $171K appeared first on The Cannabist.

25.) Corona beer brewer extends pot bet with $3.8 billion investment

Constellation Brands is spending C$5 billion ($3.8 billion) to boost its stake in Canadian cannabis grower Canopy Growth Corp., betting legalization of the drug will continue to gain traction in the U.S. and around the world.

The post Corona beer brewer extends pot bet with $3.8 billion investment appeared first on The Cannabist.

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