One of the nation’s largest banks has told Alaska’s Alcohol & Marijuana Control Office it can no longer accept credit card payments for marijuana licenses, a move that will no doubt crimp cannabis entrepreneurs trying to reduce their reliance on cash.
Medical marijuana will become legal in Australia come November, but it will be tightly regulated and the federal government must still set up a national oversight system. While a new market will open, cannabis entrepreneurs shouldn't expect an MMJ industry to be fully...
Arkansas election officials approved a second ballot initiative for this fall to legalize medical marijuana, a situation that some cannabis advocates predict could sink both measures by splitting the vote. Secretary of State Mark Martin's office signed off Wednesday...
Montana's medical marijuana dispensaries closed their doors in response to new restrictions Wednesday limiting each storefront to just three patients, a move that forced them out of business, the Associated Press reported. Now the dispensaries must look to voters for...
Ohio's Supreme Court Wednesday proposed rewriting its ethics rules to allow lawyers to help medical marijuana companies, a change that would be welcomed by local attorneys and cannabis entrepreneurs, according to the Columbus Dispatch. The move comes after the state...
New York's health department said Tuesday it will expand the state's medical marijuana program by creating a home delivery system and allowing nurse practitioners to certify patients for MMJ. The department also is expected ultimately to increase the number of...
Israel plans to begin exporting medical marijuana overseas, the nation's agriculture minister said, a decision that comes soon after the government approved steps to make MMJ more widely available to patients in the country. The Times of Israel reported the shipments...
A Maricopa County Superior Court judge has thrown out a lawsuit aimed at keeping a recreational marijuana legalization initiative off the Arizona ballot this November. The plaintiffs behind the suit promised to appeal their case to the Arizona Supreme Court, the...
By Omar Sacirbey and John Schroyer The marijuana industry scores a big legal victory, a credit union in Alaska gets cold feet, and a Massachusetts city nixes a controversial business deal with a medical cannabis dispensary. Here’s a closer look at some notable...
A pair of Colorado-based consultants who were contracted to help a South Dakota tribe start a marijuana resort on Native American land have entered opposing pleas in connection with state narcotics crimes. The case highlights how tribal interests in marijuana have...
A federally chartered credit union in Alaska has moved to sever ties with 10 personal accounts linked to individuals launching cannabis-related businesses. The decision by the Alaska USA Federal Credit Union underscores the hurdles marijuana entrepreneurs continue to...
Ohio’s medical cannabis industry could eventually generate between $200 million and $400 million in annual retail sales via dispensaries once the market matures, according to preliminary estimates by Marijuana Business Daily. That would translate into as much as $23...
