Finance: Sales, Funding & Banking News:

July 24, 2015

Illinois Poised to Begin Seed-to-Sale Tracking

As Illinois’ medical marijuana industry ramps up, regulatory officials are preparing to start following medical cannabis throughout the supply chain. The state recently inked a $724,000, three-year contract with BioTrack [click to continue...]

July 17, 2015

Week in Review: MMJ-Friendly Credit Union in New York + More Nevada Delays & WA Developments

By John Schroyer A prominent New York credit union reveals that it’s willing to work with at least one medical cannabis company, another dispensary delay in Nevada, and legislative moves [click to continue...]

July 14, 2015

Florida MMJ Legalization Group Raises $293K in June

A Florida political action committee trying to pass an initiative legalizing medical marijuana in the state raised almost $293,000 last month, with the bulk coming from one contributor. Legalization advocate [click to continue...]

July 9, 2015

Congress Takes Step Forward, Step Back on Marijuana

Congress is still apparently quite divided on how to deal with the marijuana industry and its federal status, as two developments this week underscore. A bipartisan bill was introduced on [click to continue...]

July 1, 2015

Raising Money in the Cannabis Industry: Q&A With Brendan Kennedy of Privateer Holdings

By Tony C. Dreibus Privateer Holdings made waves earlier this year when it closed on a $75 million round of financing, the largest infusion of cash into a cannabis-focused private [click to continue...]

June 22, 2015

Survey Shows Drop in Colorado Cannabis Prices, Spending

Increased competition has led to a decline in marijuana prices and per-customer spending, according to a survey of Colorado cannabis businesses. Customers are spending about $50 per visit, half of [click to continue...]

June 17, 2015

Experts: Canada Must Develop Regulations on Cannabis Edibles, Extracts Quickly

By Tony C. Dreibus Canadian officials must craft rules on infused products quickly to ensure patients buy from federally licensed cannabis companies instead of illegal dispensaries or the black market, [click to continue...]

June 8, 2015

Ohio Lawmakers Want to Ban Marijuana ‘Monopoly’

Ohio legislators don’t want the marijuana business to look like the state’s casino industry if voters legalize cannabis this fall. In 2009, a group that included Cleveland Cavaliers owner Dan [click to continue...]

June 5, 2015

Medical Marijuana Regulatory Bills Advance in California

The California Senate and Assembly have passed separate bills that would establish rules on the medical marijuana industry, reviving hope that the state will find a way to push through [click to continue...]

June 4, 2015

MMJ Patient Growth Slows to a Crawl in Illinois

Illinois has released the latest tally of approved medical marijuana patients in the state, and the figure is a bit disheartening for companies awarded licenses to grow, process and sell [click to continue...]

June 4, 2015

Colorado Rec Industry to Benefit From Marijuana ‘Tax Holiday’

Colorado will have a special “tax holiday” on Sept. 16 where cannabis consumers won’t have to pay the state’s 10% tax on recreational marijuana, which could lead to a spike [click to continue...]

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New York Announces MMJ License Winners

New York has awarded licenses to grow, process and dispense medical marijuana to five businesses, [click to continue...]

California MMJ Foe Melinda Haag Stepping Down

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Melinda Haag, the U.S. attorney who has aggressively targeted California cannabis businesses in recent years, [click to continue...]

Cannabis Credit Union Denied By the Fed, Files Lawsuit

An upstart credit union in Colorado that hoped to serve the marijuana industry and had [click to continue...]

New DEA Head: Marijuana ‘Probably’ Not as Bad as Heroin

If the newly installed chief of the Drug Enforcement Agency isn’t an ally of marijuana, [click to continue...]

Ohio Legalization Group’s Efforts to Be Scrutinized

Ohio

The beleaguered campaign to legalize medical and recreational marijuana in Ohio now faces yet another [click to continue...]

Drug Abuse Expert: CBD is ‘Safe,’ Has Medicinal Benefits

A  key drug abuse expert has come out publicly saying that CBD is safe and [click to continue...]

Florida Nursery to Challenge Tossed CBD Application

Even though Florida hasn’t awarded its five CBD licenses to nurseries that applied earlier this [click to continue...]

WA Prosecutor to Sue 15 Unlicensed Dispensaries

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A group of unlicensed dispensaries that have resisted attempts to shut them down are now [click to continue...]

UK Might Debate Marijuana Legalization

Lawmakers in the United Kingdom must consider debating the merits of marijuana after more than [click to continue...]

New York Licensees to be Announced by Friday

The wait is nearly over. The New York Department of Health confirmed that it plans [click to continue...]

Oregon Recreational Marijuana Sales to Begin Oct. 1

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The third recreational cannabis state is now just months away from beginning sales. Oregon residents [click to continue...]

Nevada Dispensary Considers Lawsuit Over Delays

A dispensary in Nevada that has been hoping to open since February is considering filing [click to continue...]

WA Cannabis Shops Busted for Selling to Minors

Nineteen Washington State marijuana stores face suspensions and fines after they failed to properly check [click to continue...]

Dispensary Bill on Tap in Michigan

Michigan medical cannabis issues, pot dispensary updates, news about marijuana by state

Concerned with what might happen if voters legalize recreational marijuana at the ballot next year, [click to continue...]

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