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Why cannabis banking reform alone won’t solve payment processing woes
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Firm’s Findings Show Promising Results Among Testing Labs
Emerald Scientific, a California supplier of equipment and testing products to the cannabis testing sector, has released the results of its latest Emerald Test – which measures the accuracy of…
News June 27American Cannabis Co. Secures $5M Equity Stake
American Cannabis Co. said it has secured $5 million in funding after Tangiers Global agreed to take an equity stake for that amount in the Denver company. American Cannabis – a…
News June 27
Chart of the Week: Monthly Recreational Marijuana Sales in U.S. Averaging $124M
By Eli McVey Colorado, Oregon and Washington State are averaging a combined $123.5 million in monthly recreational marijuana sales so far this year, putting the industry on pace to rack…
News June 27Former Cyclist Floyd Landis Launches Cannabis Company
Controversial former cyclist Floyd Landis is jumping into the marijuana business, launching a Colorado company that will sell vape and edible products. Landis plans to peddle wholesale products containing marijuana…
News June 24Fortune 150 Company Partners With Ancillary Cannabis Firm
MyDx, a maker of handheld chemical analyzers that allow consumers to check the potency of marijuana strains, has struck a deal with Arrow Electronics, a Fortune 150 company, under which Arrow will…
News June 24Medical cannabis legalization blocked in Mexico
Mexican President Enrique Peña Nieto, after saying in April he’s open to legalizing cannabis for medical uses, effectively stood by without comment while his own party forestalled a vote on…
News June 24
Week in Review: Key Meetings in Canada, Possible Patient Boom in Nevada & DEA Speculation
By John Schroyer and Omar Sacirbey Canada’s legalization point man huddles with industry reps, a new Nevada patient processing office could produce a revenue jump for medical marijuana dispensaries, and speculation swirls…
News June 24Top Marijuana Exec Denied Life Insurance
A major insurance company in the United States apparently has a policy of its own: It won’t provide life insurance to people in the legal marijuana industry. The affair raises…
News June 24$60M in Oregon Rec Cannabis Sales From January Thru May
Oregon rang up nearly $60 million in recreational cannabis sales between Jan. 1 and May 30, and that number will likely get even bigger later this year now that edibles…
News June 23
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