Finance: Sales, Funding & Banking News:

April 14, 2015

Delaware’s 1st Dispensary Delayed Again, Set For June Opening

The opening of Delaware’s first and only MMJ dispensary has been delayed again, but this time construction issues are to blame rather than regulatory problems. First State Compassion Center near [click to continue...]

April 14, 2015

Tech Firm Behind MMJ Delivery App Raises $10 Million as Investors Warm to Cannabis

By Tony C. Dreibus Eaze, a technology company that helps facilitate medical marijuana deliveries to patients, has raised $10 million in venture capital funding that will allow the San Francisco-based [click to continue...]

April 13, 2015

Filings Show Many Banks Working With Cannabis Businesses

Banks have filed more than 1,700 so-called “marijuana limited” suspicious activity reports since the federal government issued guidance early last year on how financial institutions can handle dealings with cannabis [click to continue...]

April 10, 2015

MBank to Close All Cannabis Accounts

By Tony C. Dreibus MBank, the small Oregon-based financial institution that has serviced the cannabis industry since last year, told Marijuana Business Daily that it will close all of its [click to continue...]

April 10, 2015

Oregon May Push Back Edibles Sales to 2017

Companies that make edibles may not be able to sell into Oregon’s legal recreational cannabis market until 2017 due to difficulties crafting laws governing these types of products, which could [click to continue...]

April 10, 2015

Week in Review: New Financing Benchmark, Oregon Weighs Early Rec Sales & Gardening Giant Enters MJ

By John Schroyer Privateer Holdings wraps up a record-setting financing round, Oregon lawmakers consider accelerating the recreational marijuana sales timeline, and Scotts Miracle-Gro dips its toes into the cannabis industry [click to continue...]

April 9, 2015

Business Owners, Lawmakers Discuss Banking With KC Fed

Cannabis business owners and Colorado Reps. Ed Perlmutter and Jared Polis met on Thursday with the head of the Federal Reserve Bank of Kansas City to discuss the lack of [click to continue...]

April 8, 2015

Proposal Would Let Oregon Dispensaries Sell Recreational MJ

Oregon dispensaries may be allowed to start selling recreational cannabis starting July 1 if an idea pitched by a state senator makes its way through the Legislature. The proposal by [click to continue...]

April 7, 2015

Privateer Closes Record $75 Million Financing Round

It’s official: Privateer Holdings has closed on its $75 million round of financing, capitalizing on a recent rush of investments in the cannabis industry. The private equity firm – which [click to continue...]

April 6, 2015

Gardening Mainstay Scotts Miracle-Gro Acquires Hydroponics Company

Scotts Miracle-Gro, a maker of gardening products, has purchased a company that makes hydroponic equipment popular with marijuana growers. Scotts purchased Santa Rosa, California-based General Hydroponics and its sister company [click to continue...]

April 3, 2015

Washington Senate Votes To Eliminate Marijuana Excise Taxes

There may be a glimmer of hope for what is widely considered an untenable tax structure in Washington State. The Washington State Senate passed a bill removing the excise tax [click to continue...]

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Arizona Businesses, Advocates Unite Behind Single MJ Measure

The formerly fractured Arizona marijuana community emerged as a united front on Friday, with representatives [click to continue...]

Heads of Illinois, New Jersey Medical Cannabis Programs Step Down

resignation letter

Medical marijuana programs in two states are looking for new leaders. Bob Morgan, the coordinator [click to continue...]

2 Marijuana Measures Filed for 2016 Ballot in California

A pair of proposed 2016 ballot measures tied to cannabis have been filed with the [click to continue...]

Gupta: U.S. Needs Medical Marijuana ‘Revolution’

CNN’s chief medical correspondent Sanjay Gupta gave the medical marijuana industry another shot in the [click to continue...]

National Association for Cannabis Lawyers to Launch

marijuana lawsuit

Two California lawyers have teamed up to start the National Cannabis Bar Association, with the [click to continue...]

Union Nixes Attempt to Organize Workers at NJ Dispensary

Marijuana businesses hoping for some potential legal guidance on unionization from a case in New [click to continue...]

CA Judge Won’t Reschedule Marijuana

A federal judge in California on Wednesday declined to overturn marijuana’s place on the Drug [click to continue...]

Bill Rolling Washington MMJ Into Recreational Program Advances

WashingtonCannabis

Washington State Gov. Jay Inslee will likely sign a bill passed by the Legislature that [click to continue...]

New Jersey Dispensary in Labor Dispute Turned Away By Law Firm

Some attorneys still won’t touch the cannabis industry, it seems. David Knowlton, co-founder of the [click to continue...]

Delaware’s 1st Dispensary Delayed Again, Set For June Opening

The opening of Delaware’s first and only MMJ dispensary has been delayed again, but this [click to continue...]

Millions More Devoted to New York MMJ Industry

NewYorkMedicalMarijuana

Even though New York hasn’t even begun issuing business licenses yet for medical marijuana companies, [click to continue...]

Illinois Gov Won’t Extend MMJ Pilot Program Yet

In response to attempts by lawmakers to extend the timeline for the state’s medical cannabis [click to continue...]

Filings Show Many Banks Working With Cannabis Businesses

Banks have filed more than 1,700 so-called “marijuana limited” suspicious activity reports since the federal [click to continue...]

New Doctor Requirement Could Dampen Arizona’s MMJ Market

arizona medical cannabis

Arizona dispensaries could see fewer new patients after the state’s governor signed a bill forcing [click to continue...]