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Industry snapshot: Accounting Services for Marijuana Businesses

Data, trends and challenges by John Schroyer Most companies don’t like filing tax returns, especially those in the cannabis industry. Marijuana retailers in particular face huge tax burdens because they…

News January 1
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Historic 2016 elections will create massive opportunities for entrepreneurs and propel the industry forward, but uncertainty looms

On the evening of Nov. 8, 2016, voters in eight states approved significant marijuana-related ballot measures, ushering in countless business opportunities and laying the groundwork for immense growth across the…

News January 1

Colorado rec shop countersues investment firms

The owners of the Original Leaf recreational marijuana store in Aspen, Colorado, are countersuing two Texas investment firms, alleging that their principals controlled the money they invested in Original Leaf…

News December 30

Medical marijuana bills filed in South Carolina

A South Carolina statehouse representative has pre-filed two medical marijuana bills that his fellow legislators will consider during the 2017 legislative session. If passed, the bills would be another major…

News December 30

Cannabis IPO raises CA$60 million

Licensed medical cannabis producer CanniMed Therapeutics completed an IPO Thursday, listing on the Toronto Stock Exchange and raising about 60 million Canadian dollars ($45 million). The company, based in the…

News December 30
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Year in Review: Top 10 notable developments in the marijuana industry from 2016

In the annals of marijuana history, 2016 will most certainly stand out as a watershed year for the business of cannabis. From huge wins on Election Day and a flurry of…

News December 30

Colorado city finally to allow rec MJ stores

In a promising sign for the recreational marijuana industry, one of Colorado’s most cannabis-resistant city governments has finally decided to allow adult-use stores. The Pueblo City Council voted this week…

News December 29

Thailand approves hemp cultivation

The cabinet of Thailand’s National Legislative Assembly has approved a proposal to permit hemp cultivation in six provinces in the country’s northern region as part of a project to explore…

News December 29

Info on Nevada dispensary applicants exposed

A security researcher discovered this week that the personal information of more than 11,000 medical marijuana dispensary applicants in Nevada could be accessed online, a revelation that caused the state to shut…

News December 29
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