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Why cannabis banking reform alone won’t solve payment processing woes
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Maryland May Pick MMJ License Winners in August
After criticism from the executive director of Maryland’s Medical Cannabis Commission, the chairman of the group announced that the first marijuana business license winners in the cultivator and processor categories…
News July 13Marijuana Business Daily Hosting Twitter Chat on Funding
Marijuana Business Daily is hosting its first live Twitter Chat on Thursday, July 14, with investor Emily Paxhia of Poseidon Asset Management on funding a cannabis business. Participants will have the…
News July 13Montana Medical Cannabis Card Prices Plummet to $5
The price of a medical marijuana card in Montana has plunged more than 90% in the run-up to when the state’s dispensaries must shut their doors at the end of August.…
News July 13
Scotts Miracle-Gro’s big marijuana plunge exposes industry fault lines
Scotts Miracle-Gro's bold plans to bolster its presence in marijuana has divided industry professionals, the latest sign that Corporate America is poised to reshape cannabis. Some see it as a…
News July 13Hawaii Tweaks Medical Marijuana Law
Hawaii Gov. David Ige signed legislation that tweaks the state’s new medical marijuana program, including provisions that could mean tax breaks, more products and more patients for dispensaries. Under the state’s MMJ…
News July 13U.S. Senate panel to hold hearing on medical marijuana
The Republican-controlled U.S. Senate will hold an unexpected – and perhaps first-ever – hearing on the potential medical benefits and risks of marijuana use Wednesday. The Senate Judiciary Subcommittee on Crime and…
News July 12Study: Medical Cannabis Making Inroads in Prescription Drug Market
Medical cannabis has likely made a serious dent in the prescription drug industry – to the tune of $165 million in market share in 2013, according to a new study…
News July 12
New IRS Audits in Colorado Worry Cannabis Companies
By John Schroyer The Internal Revenue Service has begun probing the large cash transactions of dozens of Colorado marijuana companies, sparking uncertainty and unease among cannabis entrepreneurs. The audits –…
News July 12Second poll finds AZ rec initiative in trouble
A second poll has found an Arizona recreational marijuana ballot measure getting a thumbs down from voters. The Campaign to Regulate Marijuana Like Alcohol, which filed petitions on June 30…
News July 12
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