Sales, Funding & Banking News

Some Medical Cannabis Stocks Soar After Election as Investors Eye New Opportunities

Shares of several publicly traded companies that serve the medical marijuana industry have surged in the wake of a watershed election that saw huge gains for the cannabis industry. Investors pumped money into the sector after Colorado and Washington legalized cannabis for recreational use and Massachusetts passed medical marijuana legislation. Some MMJ-related stocks hit new […]

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Steve DeAngelo: Cannabis Industry Professionalism ‘Critically, Critically Important’

The cannabis industry is at a pivotal point in its history and must quickly mature to take advantage of new opportunities and while beating back unprecedented challenges, Steve DeAngelo, director of Harborside Health Center, said this morning at the National Marijuana Business Conference. “It’s critically, critically important that we bring professionalism to the cannabis industry,” […]

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Weekly Wrapup: Avalanche of Colorado Cannabis News + Medical Marijuana Patient Survey

Colorado found itself in the marijuana spotlight multiple times last week, with several announcements and developments having a bearing on the state’s medical cannabis industry: – On Thursday, Gov. John Hickenlooper officially came out against Amendment 64, the ballot proposal calling for the legalization of marijuana for adults 21 and older. The University of Colorado […]

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Highlights of Marijuana Industry Study on Impact of Medical Cannabis in Colorado Cities

The Colorado medical marijuana industry has generated more than $181 million in revenues since 2010 and last year employed 4,200 state-licensed workers. The amount of money Denver collected from the cannabis industry in 2011 was nearly enough to cover the city’s Parks and Recreation Administration budget. And MMJ businesses account for roughly 10% of all […]

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New Speaker for National Marijuana Business Conference: Cannabis Industry Tax Expert Henry G. Wykowski

Henry Wykowski, a San Francisco-based attorney regarded as a leading authority on tax issues in the medical cannabis industry, has agreed to speak at the National Marijuana Business Conference. In practice for more than three decades, he has represented numerous dispensaries on tax and litigation matters and was involved in the landmark case of Californians […]

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