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Top four US banks have had cannabis accounts, study shows

Whether they know it or not, America’s four largest banks have held accounts for marijuana businesses, in contrast to public pronouncements that they steer clear of the cannabis industry. An…

News January 13

CT doctors want expansion of medical cannabis conditions

A panel of physicians in Connecticut are urging the state to add four more conditions to the list of ailments that will qualify patients to receive medical cannabis. If the…

News January 13
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Week in Review: Sessions’ sleight of hand, scofflaws in CA & risky business in NY

By John Schroyer, Bart Schaneman and Omar Sacirbey Attorney general nominee Jeff Sessions plays his cannabis-enforcement views close to the vest, dispensaries sidestep California’s adult-use law, and an L.A. marijuana…

News January 13

High Times leaving longtime NYC base for Los Angeles

High Times magazine announced plans to leave New York City – where it has been headquartered for 43 years – for Los Angeles by the end of April. The reason…

News January 12

MMJ company CannaKorp raises $5.7 million in 2016

CannaKorp, a Massachusetts company that’s been dubbed the “Keurig for marijuana,” said it raised $4.1 million in its latest round of fundraising to help manufacture and distribute its pod-based medical…

News January 12

Vireo gets nod to operate NY’s first medical cannabis delivery service

Regulators have given Vireo Health of New York the go-ahead to deliver medical marijuana to its patients, making it the first cannabis business in the state to get such approval.…

News January 12

MassRoots receives $2M in proceeds from warrant exercise

MassRoots, the popular social network for cannabis enthusiasts, said it has received more than $2 million in cash from the exercise of warrants so far in 2017, providing additional financial stability…

News January 12
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New Market: California awaits regulations before unleashing huge industry

California’s recreational marijuana market has the potential to dwarf all others as long as workable statewide regulations are ironed out, municipalities allow adult use and legal businesses can supplant the…

News January 12

Maine lawmakers seek to delay launch of rec industry

Lawmakers in Maine have introduced a bill that would postpone the start of the state’s recreational marijuana industry. The proposal, introduced by leaders of the state House and Senate, would extend…

News January 11
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