MMJdaily Newsletter | Wednesday, October 16, 2024

Deciding your market: bulk vs branded products

When setting up a commercial cannabis cultivation business, one has to ask: what kind of market am I going to target? All nuances and market segments…

US: RED Horticulture expands into America, announces new Business Developer

RED Horticulture has announced its expansion into the North American market with the establishment of RED Horticulture Inc. and the addition of a new…

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US (MA): Grower facing legal action over back taxes

A marijuana cultivator that opened on Broom Street in 2018 is behind on property taxes in the amount of $56,458, prompting the town this week to…

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European market purchases all of Paraguay's planned production for 2024

The industrial cannabis sector in Paraguay has expanded to Eastern Europe. According to Marcelo Demp, president of the Paraguayan Chamber of Industrial…

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US (NY): Growers experience the agony and the ecstasy of harvest time

Mike Sacci at House of Sacci in Akron is riding high after harvesting big, fragrant cannabis buds in his mixed light greenhouse. Tom Szulist and Alexis…

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US: Banks set to generate over $2Billion from industry interest alone, report finds

As the marijuana industry continues to expand, a new economic analysis finds that the capital that cannabis businesses are expected to need will…

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US (NH): New Hampshire MMJ program set to expand with new laws

New Hampshire's Therapeutic Cannabis Program is poised for expansion as the result of three new laws that recently went into effect, including one that…

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US: Inside the banking company cashing in on legalization

In February 2016, Kevin Hart, the former CEO of Apple computer repair outfit Tekserve, found himself standing inside an Oakland, California vault…

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US (FL): Industry veterans campaign for Amendment 3 ahead of election

Elections are fast approaching and campaigning for certain ballot initiatives is in full swing in Florida, where a hot-button topic is Amendment 3…

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US (IL): 82 new stores have opened in Illinois over the last year

Eighty-two new cannabis stores opened in Illinois in the past fiscal year, marking "explosive growth" in sales outlets for an industry that surpassed…

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US (MO): Regulators denying certification to Missouri Social Equity license winners

David Huckins, a disabled veteran from Leavenworth, Kansas, threw his name into the lottery this spring for a chance to win a social-equity marijuana…

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2025 Horticulture Fund

US (MI): Grant applications open in Michigan

Michigan Department of Agriculture and Rural Development (MDARD) Director Tim Boring announced today MDARD is accepting grant proposals for the 2025…

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US (NM): New Mexico industry struggles with over-saturation

The cannabis industry is facing over-saturation and under-regulation; That's according to those in the retail industry who want lawmakers to do more to…

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US (MA): Treasurer concerned about candidates for CCC chair position

Treasurer Deborah Goldberg plans to begin a search for a new chair at the Cannabis Control Commission but raised concern about finding quality…