Featured Marijuana Business & Cannabis Industry News

A new way to commercialize cannabis in Canada: Q&A with Mark Spear of Wildfire Collective

Wildfire Collective is spearheading Canada’s first exclusively outdoor, multisite craft cannabis operation focusing on high terpene, full spectrum extracts. “This really is something that’s going to help differentiate us when margin compression comes in the near future,” said Mark Spear, founder and CEO of the Ottawa-area company. Unlike many  publicly traded cannabis companies in Canada, Wildfire […]

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Week in Review: Momentous marijuana banking vote in US House, vape crisis fallout, MA approves MJ cafes/delivery & more

The U.S. House passes a cannabis banking bill with strong bipartisan support, Massachusetts is the first state to nix the sale of all tobacco and marijuana vaping products, a Washington state man sues half a dozen MJ vape companies for allegedly causing his lung illness – and more of the week’s top cannabis business news. […]

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Uruguay’s hemp exports could start next year: Q&A with Sergio Vazquez of the agriculture ministry

Editor’s note: Sergio Vazquez will appear at the MJBizDaily Latin American Cannabis Symposium, Sept. 30-Oct. 1, in Bogota, Colombia.) Uruguay could see the start of an export stream for hemp as early as 2020, after a period of testing has been completed, marking a milestone for Latin American hemp industry. That’s according to Sergio Vazquez, head of […]

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Cannabis vape manufacturers turn to packaging, other measures to distinguish their products from counterfeit merchandise

Security labels, barcodes and microchips are among the measures vaporizer manufacturers are taking to differentiate their products from counterfeit knockoffs suspected to be behind more than 800 illnesses and 12 deaths tied to the nationwide vaping crisis. Last week, California-based marijuana firm KushCo Holdings entered an exclusive distribution agreement with De La Rue, a provider […]

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Historic day: US House passes cannabis banking bill with strong bipartisan support

In a landmark move, U.S. House lawmakers on Wednesday approved overwhelmingly by a 321-103 vote legislation that would pave the way for financial institutions and insurance companies to serve state-legal marijuana businesses without fear of federal reprisal. Ninety-one Republicans voted for the measure, in a showing of strong bipartisan support. The bill – the first piece […]

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Marijuana industry reaction to California’s 2019 legislative session: Some wins, but many MJ business issues still outstanding

California’s 2019 legislative session drew to a close earlier this month, and it was a lackluster year for cannabis business priorities, industry watchers noted, with no victories on issues such as tax relief, banking or the opening of more jurisdictions for business licensing. “It’s a mixed bag,” Amy Jenkins, chief lobbyist for the California Cannabis […]

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At long last: A full US House vote on a cannabis banking bill

The multibillion-dollar U.S. cannabis industry is poised to cross a historic threshold Wednesday with a scheduled U.S. House vote on a bill that would permit financial institutions to serve state-legal marijuana businesses without fear of federal punishment. The vote would mark the first time a standalone marijuana bill has come before the full House. And it […]

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Proposed overhaul of Australia’s medical cannabis framework ‘far too slow,’ industry officials say

Executives welcomed recommendations to improve the framework governing Australia’s medical cannabis scheme as a potential breakthrough, but some said the expected implementation of the proposals is “far too slow” for a sector in need of regulatory improvement today. The recommendations – made in a government-commissioned report authored by John McMillan, law professor at Australian National University in […]

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Why marijuana firms are paying attention as higher education expands MJ course offerings across the US

Cannabis businesses are taking careful note as professional marijuana courses and programs spring up at universities and other educational institutions across the country. Examples include – to name a few – Northern Michigan University, the College of Southern Nevada, the University of Denver and Florida Gulf Coast University, with colleges offering a huge variety of […]

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Ecuador moves closer to legalize medical cannabis and hemp

Ecuador is one of the few South American countries that still has not legalized medical cannabis nor hemp, but that could change soon. This week, the country’s Congress approved a major reform of the Organic Integral Criminal Code. If given the green light by the executive branch – which has the authority to veto proposed […]

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