A Colorado credit union that was once on the cusp of revolutionizing banking for marijuana businesses before being thwarted by the Federal Reserve Bank of Kansas City has resumed its quest to open. But going into the new year, The Fourth Corner Credit Union - a...
In an effort to get medical marijuana into consumer hands quicker, Florida’s health department has awarded a third-party contract to produce the state's MMJ identification cards. State regulators have fallen behind because of a flood of MMJ registrations over the past...
A Los Angeles-based real estate company is seeking to expand an 80-acre hemp research site in Pueblo, Colorado, 12-fold, which would make it one of the largest hemp operations in the state. Agritek Holdings - which has water and mineral rights on the 80-acre site it...
When Cy Scott, Scott Vickers and Brian Wansolich co-founded the strain and dispensary listings website Leafly in 2010, a developed marijuana consumer market already existed. The legal cannabis industry, however, was still getting started. Leafly thrived and, before...
LeafLink, an online inventory and ordering platform for marijuana businesses, has raised $10 million in Series A funding. The round was led by Nosara Capital, a London-based venture capital firm, according to a LeafLink news release. Nosara...
An Arizona attorney has filed a lawsuit asking the state’s Court of Appeals to decide whether the $150 patient card fee is legal, a move that could affect Arizona’s medical marijuana market. Lawyer Sean Berberian claims the $150 fee is...
Delaware's oft-delayed medical marijuana program is experiencing another holdup. Columbia Care, a multistate MMJ company headquartered in New York, has postponed by at least six months the opening of its facility in The First State. Columbia...
The international legal marijuana market will reach $31.4 billion by 2021, according to a study by the Brightfield Group, a cannabis market research firm. It’s the second major international cannabis report released in the past two weeks. In the first, London-based...
Marijuana businesses hoping to serve Maine’s recreational cannabis market will probably have to wait until 2019 and possibly longer depending on how the state's gubernatorial race shakes out next year. Standing in the way is Gov. Paul LePage, who has emerged as a...
The popular marijuana consumer website Leafly has laid off 15 employees and hired a tech entrepreneur to lead the Seattle company as its new CEO. The job reduction - unusual for the cannabis industry - cut Leafly's workforce by about 13% and leaves the company with...
Marijuana businesses seeking to market their brands are often caught between restrictions that forbid them from using most mainstream advertising platforms and the financial constraints that young industries typically face.
Ohio handed out its first 11 cultivation licenses for the state's fledgling medical marijuana program, but it could be months before the first crops are planted. All the licenses awarded Friday were so-called Level II permits given to smaller...
