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Why cannabis banking reform alone won’t solve payment processing woes
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WA readies for bumpy ride as state’s medical, rec markets merge
By Omar Sacirbey Washington’s cannabis industry is bracing for a July 1 deadline when unlicensed dispensaries must close under a new law that rolls the state’s medical marijuana program into…
News June 29California recreational marijuana measure qualifies for Nov. ballot
Advocates of legalizing recreational marijuana in California have succeeded in placing the issue before state voters in November, potentially paving the way to a huge new market that could have…
News June 28Oregon Marijuana Edibles Makers Ramping Up Production
Edibles producers in Oregon are increasing production after a strong start to recreational marijuana sales earlier this month. While recreational sales of flower began in Oregon last October, edibles, extracts…
News June 28Illinois Medical Cannabis Program Director Resigns, Again
The second head of Illinois’ medical cannabis program has resigned after a little more than a year on the job, the latest government regulator to leave for a potential opportunity…
News June 28Senators Put Pressure on DEA to Reschedule Marijuana
A group of U.S. Democratic senators is putting pressure on the U.S. Drug Enforcement Agency to remove marijuana from its list of the most dangerous drugs. DEA spokesman Russ Baer…
News June 28
Marijuana stigma receding among some big companies
By Omar Sacirbey The giants of American business are getting more comfortable about partnering with marijuana-related companies, and they’re willing to go public about it. In the course of a…
News June 28L.A. cannabis consultancy launches $100M investment fund
MedMen, a cannabis management consultancy in Los Angeles, announced it has launched a $100 million private equity fund to invest in companies that are in markets with high barriers to…
News June 28Medical Cannabis Company GW Pharma’s Stock Again Jumps
GW Pharmaceuticals – a publicly traded British medical cannabis company conducting clinical trials to determine how effective its medications are against epilepsy – watched its stock surge once again in response…
News June 27U.S. Supreme Court Won’t Hear Montana Dispensary Appeal
Montana dispensaries hoping for a last-ditch miracle from the U.S. Supreme Court were treated to a bitter disappointment Monday with the news that the justices had declined to hear their…
News June 27
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