Washington State Gov. Jay Inslee will likely sign a bill passed by the Legislature that would roll the state’s unregulated medical marijuana market into its heavily regulated recreational cannabis program.
The bill would require dispensaries and MMJ cultivators to … [Continue]
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 businesses, an indication that Continue]
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 accounts with marijuana companies in the next two months.
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 put a big damper on overall initial rec marijuana sales in the state.
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 via a huge acquisition.
Here’s a closer look at several notable developments in the marijuana … [Continue]
A pair of Oregon Democrats announced Thursday that they’re planning to revive a bill that would reconcile legal marijuana companies with the tax code so cannabis businesses can take standard deductions.
Rep. Earl Blumenauer and Sen. Ron Wyden of Oregon want to solve problems tied … [Continue]