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Is Franchising the Future of the Marijuana Business?
Marketing
Industry News

Is Franchising the Future of the Marijuana Business?

It’s not easy to cross state lines in the marijuana industry. Cannabis is still illegal at the federal level, and as we outline in detail in Cannabiz Media’s upcoming Marijuana Licensing Reference Guide: 2017 Edition (click here to be notified when the ...
8 Years after Voters Approve Medical Marijuana - Regulations are Released in Michigan
State News

8 Years after Voters Approve Medical Marijuana - Regulations are Released in Michigan

It took eight years, but a regulatory framework for growing and selling medical marijuana in Michigan has been finalized at last. Unfortunately, the regulations favor over-regulation — something that Cannabiz Media reveals as a factor that limits ...
November Vote Could Bring Big Changes to Where Marijuana Businesses Operate
State News

November Vote Could Bring Big Changes to Where Marijuana Businesses Operate

The November election is almost here, and for many local communities around the country, it’s an opportunity to weigh in on the medical and recreational marijuana industries. You see, there is only one constant in the marijuana industry –
Top Bankers and Investors Eye the Growing Marijuana Industry
Industry News
State News
Finance

Top Bankers and Investors Eye the Growing Marijuana Industry

Marijuana might still be illegal at the federal level but for the country’s top bankers and investors, it’s part of an industry they can’t resist. In fact, investors’ interests in the marijuana industry have been growing steadily, and with five states ...
Tight Regulations Make Medical Marijuana Businesses Unprofitable
State News

Tight Regulations Make Medical Marijuana Businesses Unprofitable

Minnesota’s medical marijuana economy isn’t booming, and there’s one primary reason for the industry’s struggle – regulations. According to information obtained by The Associated Press and reported by CBS, the two licensed medical marijuana ...
Washington State Brings in $23.5 Million in Marijuana Excise Taxes in July
State News
Industry News

Washington State Brings in $23.5 Million in Marijuana Excise Taxes in July

In the state of Washington, marijuana sales are growing faster than ever. During July, Washington collected a record-setting $23.5 million in excise taxes. That’s a 17.5% increase from the $20 million collected in June.
Are New Restrictions Coming for Medical Marijuana Caregivers in Maine?
Industry News

Are New Restrictions Coming for Medical Marijuana Caregivers in Maine?

There are 2,800 medical marijuana caregivers in Maine, and about 2,500 of them grow marijuana for patients who are not family members. Today, Maine caregivers can grow marijuana in their own homes for patients, but that might be changing in some cities.
Massachusetts Towns Make Big Bucks on Medical Marijuana Licenses for Dispensaries
State News

Massachusetts Towns Make Big Bucks on Medical Marijuana Licenses for Dispensaries

Unlike other states that have legalized medical marijuana and grant licenses to dispensaries to sell that marijuana to patients, Massachusetts cities and towns use something called “host community agreements” to generate hundreds of thousands of dollars each year.
The High Cost for Patients to Enter (and Stay in) the Medical Marijuana Economy
State News

The High Cost for Patients to Enter (and Stay in) the Medical Marijuana Economy

Not only is it difficult to get certified as a medical marijuana patient in some states, it’s also expensive. As of June 30, 2016, patients could get medical marijuana in 23 states (including the District of Columbia), and all but two of them charge a registration fee to those patients.
Ohio Businesses Have Big Expectations for Medical Marijuana
State News

Ohio Businesses Have Big Expectations for Medical Marijuana

Ohio’s medical marijuana bill was passed in May of this year and will go into effect on September 8, 2016. However, the system won’t be operational until September 2018. Rules and regulations for cultivators won’t be issued until May 6, 2017.
Judiciary Branch Tells Executive Branch to Add PTSD to Medical Marijuana Conditions
State News

Judiciary Branch Tells Executive Branch to Add PTSD to Medical Marijuana Conditions

In Cook County, Illinois last week, Judge Neil Cohen ruled that post-traumatic stress disorder (PTSD) must be added to the state’s list of qualifying conditions for medical marijuana. In his ruling, he referenced an unconstitutional, private investigation ...
The Business of Medical Marijuana in Maryland Attracts Diverse Investors and Entrepreneurs
State News

The Business of Medical Marijuana in Maryland Attracts Diverse Investors and Entrepreneurs

A total of 15 marijuana cultivation licenses are up for grabs this summer in Maryland, and a review of the 144 companies that submitted applications for cultivator licenses shows just how big the business of medical marijuana has become.