A key advisory group to the Internal Revenue Service has recommended that the agency refrain from targeting tax professionals who consult with marijuana companies, which could further bolster the cannabis industry's standing from a federal perspective. "Marijuana...
The Windy City is well on its way toward exhaling legal cannabis smoke. On Friday, a medical marijuana farm and six dispensaries were granted initial approval by Chicago's Zoning Board of Appeals. The board can approve up to 13 dispensaries for the city, but just one...
Entrepreneurs seeking cannabis licenses in multiple states have a new concern: legal issues from one market affecting applications in others. The Chicago Sun-Times reports that Nicholas Vita and Michael Abbott, partners whose companies have been awarded MMJ business...
Colorado marijuana businesses in need of a bank account, take heart. Banking services may soon be available via a unique credit union. According to The Denver Post, Fourth Corner Credit Union obtained an unconditional charter on Wednesday to begin delivering...
By Marijuana Business Daily Staff Marijuana legalization in Washington DC will probably remain intact, neighboring Maryland decides to stick with enormous fees for medical marijuana cultivators, and Oregon cities are pushing to get their own tax and fee revenue from...
The crusade against illegal medical marijuana dispensaries in southern California has been going on for years, and on Wednesday, two more MMJ shops in San Diego were ordered to close their doors by the city attorney's office. According to a local television station,...
In what must come as a relief for cannabis enthusiasts in the nation’s capital, The Washington Post reported this week that Congressional Republicans seem to have little appetite for overturning a voter-approved measure that legalized marijuana possession and use in Washington DC earlier this month.
Legalize Maine, an advocacy organization for legalized recreational cannabis in the northeastern state, announced a plan to have its own referendum on the 2016 ballot, joining the Marijuana Policy Project in seeking to put the issue to a vote. The group said its goal...
Oregon lawmakers have started asking questions about how to frame regulations pertaining to recreational marijuana ahead of sales scheduled to start in January 2016. Sen. Fred Girod, a Republican from Stayton, asked if the state could do away with its medical...
The Emerald City has been trying for months to slow down the quickly-expanding medical marijuana scene within its borders, and now up to 11 cannabis companies are facing civil complaints from the city attorney's office for violating city code. According to a Seattle...
Though Alaska voters spoke earlier this month on recreational marijuana, the state's largest city might still decide to ban the industry from setting up shop. Ballot Measure 2 - which legalized recreational cannabis sales in Alaska - passed with just over 52% of the...
The smallest state in the nation will get its third and final medical marijuana dispensary on Wednesday.
