RSS Marijuana Investing News
  • Marijuana News Is Moving December 19, 2018
    News content on Marijuana.com is being reborn as Weedmaps News at news.weedmaps.com. While our URL has changed, you can still find breaking news, political coverage, science explainers, and deep dives into the culture of cannabis. The Marijuana.com archives remain available, with the exception of recent selections that have transferred to Weedmaps News. While Marijuana.com won’t […]
    Nicolas Juarez
  • Rights Groups, Unions Call for Ending Marijuana Prohibition December 14, 2018
    A coalition of major civil rights organizations, labor unions and other groups is calling on Congress to completely remove marijuana from the Controlled Substances Act and divert revenue to communities that have been harmed by the enforcement of cannabis prohibition.   “Pass legislation de-scheduling marijuana with racial equity and justice reform components,” reads one recommendation […]
    Marijuana Moment
  • How Trump Government Shutdown Threat Could Affect Marijuana December 13, 2018
    President Donald Trump is threatening to shut down the government if Democrats refuse billions of dollars in funding for a border wall — but the consequences of that action would extend far beyond border security. WASHINGTON (AP) — Trump threatens gov't shutdown in heated meeting with Dem leaders over border wall, squabbling over election results. […]
    Marijuana Moment
  • Elon Musk Confesses: ‘I Have No Idea How To Smoke Pot’ December 12, 2018
    Elon Musk got himself into a bit of trouble after smoking marijuana during an appearance on Joe Rogan’s podcast in September 2018. The move reportedly led to NASA launching an investigation into his company SpaceX’s “workplace safety” and “adherence to a drug-free environment.” But now, in a new interview 60 Minutes, the Tesla founder indicated […]
    Marijuana Moment
  • Cannabis May Qualify for Study Grants as ‘Natural Product’ December 11, 2018
    Federally funded research into marijuana seems to be escalating, with one government agency recently posting a roundup of current “cannabinoid-related funding opportunities” for studies investigating the plant’s therapeutic potential. The National Center for Complementary and Integrative Health (NCCIH) on Dec. 8, 2018, shared a list of four research grant opportunities for studies on “natural products” […]
    Marijuana Moment
  • Surgeon General: Schedule I Hinders Researching Marijuana December 7, 2018
    U.S. Surgeon General Jerome Adams said the federal government should rethink how it classifies drugs like marijuana Dec. 6, 2018, voicing concern that the plant’s current status as a strictly controlled Schedule I substance inhibits research. Adams, who’s previously expressed interest in expanding research into the use of cannabinoids for therapeutic purposes, made the comment […]
    Marijuana Moment
  • Colorado County Considers Canceling Cannabis Convictions December 6, 2018
    BOULDER, Colo. (AP) — Prosecutors in a Colorado county are preparing to dismiss and seal thousands of marijuana possession convictions after state voters legalized the use and sale of cannabis in 2012. The Boulder Daily Camera reported that the Boulder County District Attorney’s Office as part of a “Moving on from Marijuana” program has identified […]
    Associated Press
  • GOP House Leader Calling for Legal Marijuana in Rhode Island December 5, 2018
    The Republican leader in Rhode Island’s House of Representatives thinks the state should fully legalize marijuana. But while that news would typically bode well for reform efforts in state legislatures, the problem is that the Democratic speaker isn’t quite on board — and the House is dominantly controlled by Democrats. In an interview with Rhode […]
    Marijuana Moment
  • ‘Compromise’ Medical Marijuana Bill is Made Into Law in Utah December 4, 2018
    Utah lawmakers approved a controversial medical marijuana bill in a special session Dec. 3, 2018. There’s your final vote on the medical marijuana “compromise.” #utpol pic.twitter.com/w9Ip3KQE8E — Robert Gehrke (@RobertGehrke) December 3, 2018 During the Nov. 6, 2018, election, Utah voters passed a separate medical cannabis initiative, Proposition 2, that would allow patients with certain […]
    Marijuana Moment
  • Study: Vaporizing Flower Produces A More Intense High Than Traditional Smoking Methods December 4, 2018
    Vaping marijuana flower gets you higher than smoking it, according to a new study published in an American Medical Association journal. To test the difference, researchers started by recruiting 17 people who’d consumed cannabis in the past year but had abstained for at least one month. Each individual participated in six sessions that lasted 8 1/2 […]
    Marijuana Moment

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mentor36 June 14, 2019

Multistate operator MedMen on Friday announced the opening of its first Florida medical marijuana dispensary, in West Palm Beach – the first of 12 such planned storefronts in the state. The California-based company said in a news release it’s also planning upcoming Florida dispensaries in Orlando and Key West. MedMen could eventually open as many […]

mentor36 June 14, 2019

Canada unveiled final regulations Friday that will enable the sale of cannabis edibles, extracts and topicals later this year, unlocking what is forecast to be a multibillion-dollar federally regulated industry. Businesses expect to start shipping a limited selection of new products in December after the rules take effect Oct. 17. A wider selection will not be available […]

mentor36 June 14, 2019

A legislative committee in Maine approved rules that would relax state residency requirements for companies looking to qualify for adult-use marijuana licenses. The move could open up new opportunities for Maine businesses that are interested in recreational cannabis opportunities but are controlled by out-of-state firms. Here’s what you need to know: The committee’s amended rules […]

mentor36 June 14, 2019

The Los Angeles Department of Cannabis Regulation (DCR) issued a request for qualifications as it searches for consultants to help shape what is thought to be the largest municipal marijuana social equity program in the nation. The agency is looking for “consultants to develop and conduct business development curriculum, training, business, licensing and compliance assistance, and […]

mentor36 June 14, 2019

Although the California cannabis industry probably won’t see any state-level tax relief anytime soon, at least the excise tax won’t go up in July. The state Department of Tax and Fee Administration (CDTFA) confirmed in an email to Marijuana Business Daily that the 60% markup rate that provides the basis for California’s 15% excise tax will […]

mentor36 June 13, 2019

An affiliate of Quebec-based cannabis producer Hexo has received a license allowing it to establish cultivation, processing and manufacturing facilities in Greece, the company announced Thursday. Greece aims to challenge Denmark, Portugal and Malta as a hub to meet demand for medical cannabis in Europe. The affiliate, Hexo Med, is planning to construct a greenhouse […]

mentor36 June 13, 2019

A July 1 medical marijuana license application deadline is looming in Utah, but the names of the businesses that might grow cannabis are still under wraps. Here is what you need to know: State officials leading the licensing process said this week they won’t release applicants’ names now but will likely make applicant information public […]

mentor36 June 13, 2019

(California Marijuana Notebook is a regular column that delves into the complicated issues surrounding the state’s immense cannabis market from the vantage point of Marijuana Business Daily Senior Reporter John Schroyer. Based in Sacramento, he’s been writing about the cannabis industry since joining MJBizDaily in 2014.) Volatile. Transitional. Coasting. Fragmented. Dumpster fire. Passionate. Those were the […]

mentor36 June 13, 2019

When a thriving cultivator purchased additional cannabis from a wholesale grower to meet the 5,000 pounds he was short, he was left holding the bag. A customer complained of a strong sulfur taste, and soon it was discovered that the wholesaler had applied the wrong pesticide concentration, rendering the cannabis unusable. The cultivator had to […]

mentor36 June 13, 2019

Nevada Gov. Steve Sisolak signed Assembly Bill 533 into law, which creates a Cannabis Compliance Board and also prohibits local governments in the state from licensing marijuana social consumption businesses. The social use provision expires July 1, 2021, which would leave the state without such venues for up to two years. The Cannabis Compliance Board was one […]

mentor36 June 13, 2019

A company backed by United Kingdom billionaire Jim Mellon and Nuuvera co-founder Lorne Abony plans to establish what they say will be Asia’s first e-commerce platform focusing on CBD-infused products. The pair are part of a group of investors in Hong Kong-headquartered Regent Pacific that is closing in on a $15 million all-stock takeover of […]

mentor36 June 13, 2019

A key U.S. House panel approved a spending bill including a provision that would protect banks serving lawful marijuana businesses from punishment by federal financial regulators. The House Appropriations Committee approved the fiscal year 2020 Financial Services and General Government bill, which included the MJ banking measure, by a vote of 30-21. The marijuana banking […]

mentor36 June 13, 2019

As the marijuana industry matures, consolidation is expected to ramp up – a trend noted by several speakers at MJBizConNEXT in New Orleans this week. Public companies led the charge in acquisitions this week, targeting private firms for growth in geography and product lines in more than two-thirds of the deals closed. But as more […]

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