Finance: Sales, Funding & Banking News:

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...]

June 4, 2015

Nevada Could Pave the Way for New Cannabis Banking Options

By Tony C. Dreibus Medical marijuana companies in Nevada might get some banking relief in the future, with a little help from the state. An amendment to a bill that’s [click to continue...]

June 3, 2015

Canadian Cultivator Seeks Ban on ‘Kickbacks’ to Physicians

Canada-based medical cannabis producer Tilray has left the country’s main industry lobbying group and wants to see a code of ethics developed to outlaw compensation to physicians, saying it’s been [click to continue...]

June 2, 2015

The Emergence of High-CBD Edibles: Q&A With Sweet Seed Farms’ Gideon Murray

By John Schroyer Gideon Murray spent time as an investment banker, a business development executive, a real estate investor and an English teacher before becoming the chief executive officer of [click to continue...]

June 1, 2015

Wary Doctors Could Dampen Minnesota MMJ Market

Minnesota dispensaries preparing to begin operations next month may see smaller-than-expected patient numbers, as many doctors in the state are undecided on whether they’ll recommend cannabis for certain ailments. Patients [click to continue...]

May 29, 2015

Lloyd’s of London to Exit U.S. Cannabis Insurance Industry

By Tony C. Dreibus Lloyd’s of London, the UK-based insurance marketplace, has instructed underwriters not to open or renew existing accounts with marijuana companies in the United States until it’s [click to continue...]

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Denver MJ Growers Major Contributor to Rise in Energy Use

Marijuana cultivation facilities have been specifically identified as a key contributor to Denver’s increasing electric [click to continue...]

Alaska Governor Names 5 to Marijuana Control Board

Five Alaskans were appointed to a board that will craft laws governing the state’s recreational [click to continue...]

New York Could Reveal MMJ License Winners Soon

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The New York Health Department may announce winners of the five medical cannabis licenses up [click to continue...]

50+ Medical Cannabis Business Applications Filed in MA

The Green Rush is back on in Massachusetts. The opening of the first medical cannabis [click to continue...]

Oregon Rec Rules Materializing, Early Sales Possible

Rules governing Oregon’s recreational marijuana market are taking shape, with state lawmakers sending two bills [click to continue...]

Rand Paul Brings in Six Figures at MJ Industry Fundraiser

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Republican presidential candidate Rand Paul made a splash in Denver on Tuesday, raising an estimated [click to continue...]

Hawaii Bill Establishing Dispensaries Likely to Become Law

Dispensaries could be open in Hawaii in just over a year, as a bill establishing [click to continue...]

Second MMJ Bill Introduced in Pennsylvania Legislature

In an attempt to get around obstructionists in the state House of Representatives who have [click to continue...]

Fifth New Jersey Dispensary Given Green Light

New Jersey medical cannabis, pot dispensary and marijuana industry news

And then there were five. Dispensaries permitted in New Jersey, that is. Compassionate Sciences, Inc. [click to continue...]

Louisiana Gov Signs Medical Marijuana Bill

Louisiana Gov. Bobby Jindal has signed a bill making his state the latest in the [click to continue...]

New York Cannabis Firm Buys Oregon Utility Building for $3M

In another sign of the marijuana industry’s growing national reach, a New York-based real estate [click to continue...]

WA Moves Closer to Overhauling Marijuana Tax Structure

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Washington State growers and processors would no longer pay a 25% tax on cannabis and [click to continue...]

Sole MMJ Dispensary Opens in Delaware

Delaware’s only licensed medical cannabis dispensary officially opened in the northern town of Wilmington on [click to continue...]

Canadian Cultivator Tilray to Lay Off 61 Employees

Canadian medical marijuana producer and distributor Tilray said it will lay off 61 employees as [click to continue...]

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