The U.S. Securities and Exchange Commission has temporarily halted trading of a cannabis company's stock over concerns that "undisclosed affiliates and shareholders" unlawfully distributed shares. Advanced Cannabis Solutions - which trades on the over-the-counter...
By Chris Walsh Dispensaries are getting inundated with pitches from companies offering services that "solve" the industry's banking and payment-processing woes. The latest solution being touted as a panacea: digital currencies such as Bitcoin. On Thursday, we wrote...
The fate of Washington State's medical marijuana businesses remains a big question mark after lawmakers sunk a bill that would have folded the MMJ industry into the new recreational program. The measure died in the state's legislature last week over wrangling on...
By Chris Walsh California lawmakers will have another chance to fix the state's broken medical marijuana industry after years of dragging their feet on the issue. Earlier this week, we wrote about a bill introduced recently that would regulate medical marijuana...
Several dozen executives from the cannabis industry pressed federal lawmakers in Washington DC this week to relax laws on marijuana businesses, specifically those tied to banking and taxes. The delegation –which included dispensary owners, MMJ accountants, lawyers and...
Los Angeles is bringing out the big guns to enforce a controversial measure enacted last year that bans most of the city's marijuana dispensaries. The city has hired two attorneys to focus solely on prosecuting dispensary owners who have not complied with the new law,...
A California lawmaker has introduced a bill to regulate medical marijuana businesses in the state, hoping to finally bring some order to the most turbulent MMJ market in the country. And unlike similar bills that fizzled out in the past, this one has some high-level...
Colorado’s recreational marijuana shops racked up more than $14 million in sales during January, according to first-of-its-kind data on the nation’s nascent retail cannabis industry.
By Van McConnon Get ready for the new era of cannabis cultivation. Technology is triggering a sea change in the way marijuana is grown, allowing cultivation sites to lower costs, boost yields and maximize production capacity. The situation is changing so rapidly that...
By Chris Walsh The dam holding back massive pools of investment money from the marijuana industry hasn't burst yet. But cracks are starting to emerge, and millions of additional dollars could start flowing into the industry as the year progresses. The newest - and...
New Jersey's three operating dispensaries can adequately meet current demand for medical cannabis despite complaints that patients are having difficulties accessing the drug, according to progress reports issued by the state's health department. The department - which...
Hundreds of entrepreneurs have applied for dispensary licenses in Oregon over the past two days, reflecting high levels of interest in the state's emerging regulated medical cannabis industry. Oregon's health department received nearly 300 applications on Monday -...
