Koch Brothers Support Marijuana State Rights

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

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Senator Cory Booker Stays Firm Against Sessions

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.

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Oregon Wholesale Pricing At Record Lows

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.

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Members of Congress Urge Extended Protection of State Medical Cannabis Laws

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.

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Baker Acquires GrassWorks Media

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.

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Feds Hands Tied From Cannabis Enforcement Until December

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.

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