One of the 50 largest credit unions in the United States is banking legalized medical marijuana money. Ari Hoffnung, CEO of Vireo Health of New York, revealed to the Albany Business Review that his company has a deposit account with the State Employees Federal Credit...
PR Week, a major advertising magazine, awarded cannabis equity firm Privateer Holdings and its public relations company, Colehour and Cohen, its top honor for “Investor/Financial Communications Campaign of the Year.” Thursday night’s announcement is yet another boost...
Several bills proposed in New York seek to expand the list of qualifying conditions, double the number of dispensaries, and allow nurse practitioners and physician assistants to recommend patients for receiving medical cannabis, according to the Journal News. Backers...
The Oregon Health Authority plans to launch the licensing application process for commercial extract companies on April 1, and in the meantime, is warning medical marijuana dispensaries not to accept cannabis extracts from unlicensed processors. The wait will likely...
By Omar Sacirbey As the marijuana industry grows and new markets come online, many cannabis businesses are looking to expand outside their home states and develop far-reaching brands. Doing so often involves hooking up with an in-state partner in the new market. Many...
The Pennsylvania House of Representatives overwhelmingly passed a medical marijuana legalization bill late Wednesday afternoon, greatly increasing the chances that the state will green-light the use and sale of MMJ. The bill cleared the House by a 149-43 vote. It must...
Nearly 200 marijuana business licenses applications have been submitted in Alaska since the state opened its application process on Feb. 24, according to a state list. As of March 14, there were 47 retail dispensary applications, 89 “standard cultivation site”...
By Omar Sacirbey Arizona attorney Steven White is leaving the legal profession to concentrate on his marijuana business, but he's fighting perhaps the biggest battle of his career before moving on. White argued his last case on March 3 in a lawsuit pitting his client...
In a ruling that could adversely affect hundreds of medical marijuana businesses in Los Angeles, a three-judge panel of the state’s Second District Court of Appeals upheld a lower court ruling to block an MMJ delivery smartphone app. The judges agreed that marijuana...
Ohio Attorney General Mike DeWine has declined to give the green light to a constitutional amendment to legalize medical marijuana, stating that the summary language was not a fair or truthful reflection of the proposal. In a statement, DeWine cited three problems...
A publicly traded Canadian medical marijuana company is boosting its U.S. presence by entering into an agreement to acquire two marijuana licenses – one production, one processing – from a cannabis company in Washington State. Marapharm Ventures, which trades on the...
A British maker of cannabis-based drugs revealed some sorely needed good news on Monday, announcing that an epilepsy medicine it created has successfully treated a severe form of epilepsy in children, according to Reuters. In a clinical study, GW Pharmaceuticals said...
