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Alaska marijuana business owners to gain access to financial services

A nonprofit credit union in Alaska, Anchorage-based Credit Union 1, is set to begin offering financial services to cannabis companies in the state in March, which will allow those businesses an avenue to…

News February 15
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Cannabis business news you may have missed for the week ending Feb. 15 (SLIDESHOW)

U.S. Congressional hearing on marijuana banking boosts industry’s hopes for reform, California’s governor announces that National Guard troops will combat illegal marijuana grows, legal cannabis sales top $6 billion in…

News February 15
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Medical cannabis sales in Maine drop for second year in a row

Medical marijuana sales declined in Maine for the second straight year, a decrease that some dispensary owners blame on unfair competition both from the black market and patients growing their…

News February 14
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Congress urged to allow legal marijuana businesses access to bank services

Bank officials and others urged Congress on Wednesday to fully open the doors of the U.S. banking system to the state-legal marijuana industry, a change supporters say would reduce the…

News February 14
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Senate confirms William Barr as U.S. attorney general

The U.S. Senate voted 54-45 on Thursday to confirm President Donald Trump’s nominee for attorney general, William Barr, installing a Justice Department veteran as the nation’s top law enforcement official.…

News February 14

Marijuana Business Daily appoints new editor in chief

Marijuana Business Daily has appointed Howard Burns, a longtime top editor in business-to-business journalism, as its editor in chief.

News February 14
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Effort in Arkansas to add nearly 40 medical marijuana conditions falls short

An Arkansas legislative committee shelved an effort to more than triple the conditions that would qualify patients to use medical cannabis, a move that likely would have resulted in a…

News February 14
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Largest health-care provider in Utah greenlights medical cannabis recommendations

Utah’s biggest health-care provider – Intermountain Healthcare – told its physicians they’re allowed to write medical marijuana recommendations for patients, which could boost the number of potential customers for the…

News February 14
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City of Sonora to sue California over statewide marijuana delivery policy

The city of Sonora, in central California, plans to file suit against the state Bureau of Cannabis Control (BCC) over a policy adopted in 2018 that allows commercial marijuana to…

News February 14
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