Florida Supreme Court upholds medical marijuana law May 28, 2021 AggregatedNews Florida 0 Comments Siding with the state in a closely watched case that has kept the cannabis industry in limbo, the Florida Supreme Court on Thursday upheld a 2017 law designed to carry out a constitutional amendment that broadly legalized medical marijuana. The… Read More→
Missouri starts revoking marijuana business permits at companies that didn’t meet operating deadline March 17, 2021 AggregatedNews Missouri 0 Comments Missouri health authorities recently began revoking a handful of medical marijuana business permits after most of the state's would-be cannabis companies weren't ready to open for business roughly a year after winning the licenses, which would allow them to grow and sell the… Read More→
Upcoming Mergers in the Cannabis Industry to Watch March 9, 2021 AggregatedNews Mergers & Acquisitions 0 Comments The amount of capital raised during the past two months is a strong signal that the cannabis sector is prepping for more acquisitions in 2021 as more states have legalized the adult use of marijuana. "We've already seen a number of deals… Read More→
Missouri extends deadlines after most medical marijuana businesses failed to open on time February 24, 2021 AggregatedNews Missouri 0 Comments The majority of Missouri's medical marijuana businesses recently have been granted extensions after failing to meet a one-year operating deadline, state authorities told the News-Leader this week. That means roughly 260 out of 370 licensed marijuana companies won't have to be… Read More→
Illinois marijuana license finalists file lawsuit over second-chance applications October 6, 2020 AggregatedNews Illinois 0 Comments Investors who won a chance for a license to sell recreational marijuana in Illinois have filed a lawsuit asserting it’s illegal to give other applicants a second chance. The legal action sets up a potential court battle over when to… Read More→
Marijuana business applicants, advocates call out for more equity in Massachusetts cannabis industry July 17, 2020 AggregatedNews Massachusetts 0 Comments Laury Lucien, a co-owner of the marijuana retail business Major Bloom in Worcester, said equity applicants that are trying to open a cannabis company in Massachusetts are fighting a unicorn. And that unicorn, Lucien said, is stigma rooted in ignorance and… Read More→
Plan would mandate half of pot businesses in Detroit for residents February 25, 2020 AggregatedNews Michigan 0 Comments The city is working on a law to ensure that at least half of the licensed recreational marijuana businesses operating in Detroit are owned by residents. Detroit Mayor Mike Duggan is expected to detail the proposal before an invitation-only crowd during… Read More→
California Suspends Hundreds of Marijuana Supply Businesses November 8, 2019 AggregatedNews California 0 Comments California has suspended 394 marijuana business permits in a move that critics say will temporarily reduce the number of legal cannabis shops in the state. The suspension affecting about 5% of California's legal cannabis supply chain comes after the businesses… Read More→
Mutual of Omaha Won’t Sell Life Insurance to Marijuana Businessman June 24, 2016 AggregatedNews News & Insights 0 Comments A successful businessman with a growing footprint in several states says he was shocked when he was refused a personal life insurance policy by Mutual of Omaha, one of the nation’s largest insurers. The company informed Derek Peterson, CEO of… Read More→
Denver Council Close to Putting Caps on Marijuana Businesses April 19, 2016 AggregatedNews Colorado, Policy & Legal 0 Comments The latest proposal aimed at setting marijuana industry caps in Denver won a test vote Monday in the City Council's second attempt at finding common ground on an issue that has pitted entrepreneurs against vocal neighborhood advocates. The council voted… Read More→
Out of State Marijuana Companies Targeting Oregon For Expansion April 18, 2016 AggregatedNews News & Insights 0 Comments Blue and purple dots splatter the crisp white walls at Sweet Leaf, a marijuana shop in Southeast Portland. In a nifty trick, the pattern looks like wildlife when viewed through an iPhone camera. Shelves in the back room are crowded with… Read More→
Alaska’s First Marijuana Business Applicants Are an Eclectic Bunch March 16, 2016 AggregatedNews Retail 0 Comments From Herbal Outfitters LLC to Dazed Dog Gardens, there's no shortage of creative and pun-laden business names in the nearly 200 marijuana business licenses that are currently working through the Alaska state system, which were released Tuesday. The public can now see all the in-progress marijuana… Read More→
How to Use Failure As a Tool For Success in Your Cannabusiness October 19, 2015 Alexa Divett Marketing 0 Comments Many people have a natural fear of failure and the emotions that surround it. It’s totally normal to want to avoid the stomach-aches, sleepless nights and self-doubt that often occur when we fail. However, what if failure could actually be… Read More→
Appeals Court Reaffirms That Dispensaries Can’t Deduct Business Expenses July 10, 2015 AggregatedNews Banking, Finance & Real Estate, Retail 0 Comments A San Francisco federal appeals court dealt a financial setback to medical marijuana dispensaries Thursday, saying that — unlike other commercial enterprises — they can’t deduct business expenses from their taxable income because their product is prohibited by federal law.… Read More→
“Ganjapreneurs” Gather to Swap Secrets (and Business Tips) in San Diego March 16, 2015 John Hollon Cannabis Investments, News & Insights 0 Comments SAN DIEGO — A group of “ganjapreneurs” looking to break into the budding business of marijuana attended the Cannabis Career Institute seminar Sunday. Attendees shelled out about $300, which includes the cost of a state-specific text book, to attend the… Read More→