Tag: marijuana

Nevada marijuana mogul sues competitor for slander

Armen Yemenidjian, a big player in the Las Vegas cannabis industry, is accusing another prominent marijuana dispensary owner in the city of slandering him by saying he engaged in criminal activity, according to The Nevada Independent. Yemenidjian was part of a group that sold Nevada marijuana operations to Chicago-based Green Thumb Industries in a $290 […]

Missouri’s medical marijuana market draws thousands of applications

A rush of applicants – including several prominent multistate operators – are vying for plant-touching licenses in Missouri’s highly anticipated medical marijuana market. More than 2,200 applications were submitted for only 338 cultivation, manufacturing and dispensary licenses in the state, where annual sales could eventually reach $300 million. That translates to roughly one license for […]

Medical marijuana companies bet on Florida market following smokable flower ban repeal

A new Florida law repealing a ban on smokable medical marijuana products has given the state’s MMJ market a shot in the arm, prompting large multistate companies to aggressively expand their production, operations and retail footprints. That has injected fresh competition into one of the nation’s fastest-growing medical cannabis markets and loosened the grip of the state’s […]

Call It Cannabis or Marijuana. A Study Shows It Doesn’t Really Matter.

Some legalization proponents believe it’s important to stop using the term “marijuana” and instead refer to the substance only by its scientific name, “cannabis.” In order to appeal to more people, they argue, it’s better to stick with a term that isn’t controversial and doesn’t come with ugly historic baggage. A new study, however, suggests […]

Marijuana lending cools, Vireo hires Linton, MA judge lifts MMJ vape ban

Cannabis companies confront fewer funding opportunities, Vireo Health taps Bruce Linton to help the multistate operator expand, a Massachusetts judge rules an emergency ban on vapes can’t be enforced for medical marijuana patients – and more of the week’s top cannabis business news.   Marijuana investment activity slows Cannabis companies are struggling to thrive as […]

Michigan marijuana firm raises $16.5 million to fuel growth

C3 Industries, a cannabis producer and retailer based in Ann Arbor, Michigan, raised $16.5 million in private financing, allowing it to expand into existing markets and enter a new one. C3, which has raised more than $25 million this year, including the last financing round, said Monday it plans to expand operations in Massachusetts, Michigan […]

Iowa board supports adding PTSD to medical marijuana program

An Iowa medical marijuana board approved post-traumatic stress disorder and intellectual disability with aggression as conditions allowed to be treated by MMJ, moves that should boost the relatively small market. The Iowa Board of Medicine must concur before the two are added as qualifying conditions for medical cannabis. Marijuana Business Factbook projects that Iowa’s limited […]

Experiential marketing creates a memory of a marijuana brand

Different areas of the Far Out Factory, put on by Slang Worldwide, engaged people attending the party in experiences such as the blackjack card game. (Photo by Margaret Jackson) Whether it’s a cannabis-focused arts and music festival, a “garden party” or a tour that guides visitors from cultivation all the way to the sales floor, […]

Cresco Labs growing jobs in Illinois as adult-use marijuana looms

Chicago-based Cresco Labs is more than doubling its workforce in Illinois as the multistate operator prepares for the Jan. 1 launch of recreational cannabis sales in the state. The company, expected to close its acquisition of Canada-based distributor Origin House by Nov. 15, said it is hiring more than 300 people in its home state […]

Marijuana company won’t recognize Illinois union effort

Chicago-based Green Thumb Industries, a vertically integrated multistate cannabis company, said it is not recognizing a newly formed Teamsters unit at its cultivation facilities in Rock Island, Illinois, saying the union failed to hold a vote among GTI’s employees on the decision. “GTI respects the rights of our employees,” the company told Marijuana Business Daily in […]