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Why cannabis banking reform alone won’t solve payment processing woes
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ND: Medical campaign submits signatures; rec falls short
One campaign in North Dakota to legalize medical marijuana on Monday reportedly handed in well over the necessary number of signatures to place an initiative on the November ballot, while…
News July 11Portland MMJ Dispensary Faces Unprecedented Fraud Investigation
Oregon officials are investigating the owner of an Oregon medical marijuana dispensary and a California consulting firm she used, exploring the possibility that investors in the MMJ business were defrauded. Trisha…
News July 11Democrats endorse cannabis legalization pathway
After hours of wrangling, the Democratic Party on Saturday endorsed a “reasoned pathway to future legalization” of marijuana as part of its convention platform, and called for MJ to be…
News July 11CA City Sells Prison to Cannabis Extraction Company
The central California city of Coalinga has taken the unusual step of selling its former prison for $4.1 million to a cannabis company that will convert it into a medical…
News July 11
Chart of the Week: Number of concentrates product lines ballooning in Washington State
By Eli McVey A surge in the number of concentrates product lines in Washington State’s recreational marijuana market attests to the growth in popularity of alternative consumption methods and highly…
News July 11AK Agency Passes On-Site MJ Consumption Amendment
Alaska’s Marijuana Control Board on Thursday approved an amendment to the state’s draft regulations governing on-site cannabis consumption that would permit customers to take a doggy bag home with any unused product…
News July 8Colorado Marijuana Potency Cap Backers Cancel Campaign
Supporters of a proposed ballot measure to cap cannabis product potency at 16% THC abruptly halted their campaign on Friday, saying they didn’t have the financial resources to beat the…
News July 8Ohio proposes cashless system for medical cannabis businesses
Could Ohio have a solution to the marijuana industry’s cash-only problem? The state’s new medical marijuana law proposes a closed-loop payment processing system that would rely on something similar to…
News July 8Unlicensed WA dispensary raided following July 1 deadline
Local law enforcement raided a Washington State medical cannabis dispensary after it continued serving customers and ignored a July 1 state deadline to obtain an official business permit. The dispensary, Green Organics,…
News July 8
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