In a rebuke of United States Attorney General Jeff Sessions's rescission of the Cole Memorandum, the Koch brothers released a sharply worded statement supporting states' rights with regard to legal marijuana. The statement, first released in late January, argues that "citizens have spoken on marijuana" and that
Read MoreA new published clinical study out of Israel offers scientific evidence that the therapeutic use of cannabis can be a safe and effective treatment for elderly people, and is often a factor leading to the decreased use of other drugs, including opioids.
Read More
When Attorney General Jeff Sessions announced his decision to rescind protections for states with legal marijuana laws, many politicians spoke out against him. But only one, has taken actual steps to prevent Sessions' from enacting his agenda.
Read More
The Association of German Criminal Officers (BDK) has spoken out in favourof ending the ban on cannabis and has called for the decriminalization of all use of the drug.
Read More
Significant wholesale pricing pressure continues to be financially devastating to growers. MJ Biz Daily reports of wholesale trim pricing has fallen as low as $50/lb. This extreme pricing pressure is exacerbated following the large amount of outdoor grown product that is available for sale after the fall harvest.
Read More
On Nov. 28, 2017, a bipartisan group of federal lawmakers sent a letter to congressional leaders, urging them to extend protection of state medical cannabis laws in the 2018 appropriations bill via a provision that would put language in the spending bill to prevent the United States Department of Justice from using federal funds to prosecute those in compliance with state medical cannabis laws.
Read More
Canada’s hemp market is about to skyrocket under new regulations that allow the nation’s farmers to use the plant’s flower for cannabidiol extraction.
Read More
Salveo Capital's portfolio company just announced an acquisition to further expand its market lead in providing CRM and loyalty reward services to the cannabis industry.
Read MoreManaging Partner Michael Gruber to speak at Opal Family Office & Wealth Management Forum West in San Jose, CA regarding opportunities for investing in cannabis.
Read MoreSalveo Capital Managing Partner Michael Gruber will participate in the Insight into Cannabis Investing panel at the Agri Investor Forum to be held in Chicago on October 11th.
Read More
A key federal law protecting the medical marijuana industry from interference by the U.S. Department of Justice has been extended until Dec. 8 under the provisions of an emergency aid package approved Friday by Congress, Marijuana Business Daily has learned.
Read MoreLate in July, U.S. Attorney General Jeff Sessions sent letters to officials in the first four states to approve adult use marijuana legalization: Colorado, Washington, Alaska and Oregon. Officials in all four states have responded, the last of which being Colorado, who did so just last week.
Read MoreAfter decades of dodging law enforcement and fighting for legalization, U.S. marijuana growers face a new challenge: low prices.
Read More
In a report just released by CB Insights named, Trailblazers 2017: Innovators in the Marijuana Industry, all 3 existing portfolio companies were selected as Trailblazers across 3 separate categories.
Read More
CO Governor John Hickenlooper provides more detail in an interview with his thoughts on cannabis legalization in his state, and how he hasn't seen anything negative regarding an increase in "kid usage" which was one of his greatest worries.
Read More
During today’s White House briefing, Press Secretary Sean Spicer was asked about the Trump administration’s position on marijuana enforcement. This issue has left marijuana advocates, business owners, investors, patients, and consumers wondering what the president’s true intentions are.
Read More
Total combined sales for legal and illegal cannabis sales in North America reached $53.3 billion last year, more than Starbucks and McDonald’s combined, according to Arcview Market Research figures outlined by Business Insider.
Read More
Bloomberg Scotts and other agricultural-tech companies tap new market; Harvesting 1,700 pounds of Dirty Girl and Cinderella's Dream.
Read More
As you may have heard, the Chicago Cubs are in the World Series for the first time since 1945. There is plenty of blame to go around, but if you spend enough time listening to people, you usually hear about that darn Billy Goat, the Durham error, or the Bartman catch. The story gets worse…
Read MoreNovember 8 is approaching quickly and many are speculating what the results of the election will mean for cannabis going forward. Now that the DEA has re-examined the scheduling of cannabis and decided not to reschedule, the concern has shifted to what policy changes might occur in 2017.
Read More