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Partial federal hemp ban in effect, court offers lifeline to Illinois THC beverage makers
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Ohio Supreme Court Weighs MMJ Rule Change for Lawyers
The Ohio Supreme Court signaled Wednesday it might rewrite its ethics rules to permit lawyers in the state to help medical marijuana businesses, a move that would no doubt be welcomed…
News August 17AZ rec referendum triggers rush for medical marijuana licenses
Arizona’s ballot measure to legalize recreational marijuana has triggered a deluge of applications for a limited number of state medical marijuana licenses that will be awarded in October. Some 750…
News August 17
Lawyers warned in select states about working with medical cannabis firms
By Omar Sacirbey Legal ethics panels in a few states – most recently New Mexico and Ohio – have warned local attorneys that helping medical marijuana businesses can be a violation of professional…
News August 17Four cannabis companies on Inc. 500 list
Four cannabis-related firms – including Marijuana Business Daily – have been named to Inc. magazine’s annual list of the 500 fastest-growing private companies in the nation, yet another indication of how legitimate…
News August 17MA Town Nixes Dispensary, Forgoing Big Revenue Stream
A Massachusetts town has rejected a deal with a medical cannabis dispensary, in essence turning down hundreds of thousands of dollars in future revenue under the proposed terms. The move…
News August 16Appeals court: DOJ can’t prosecute state-legal MJ businesses
In a big win for licensed marijuana companies, a federal appeals court in California ruled Tuesday that the U.S. Department of Justice can’t spend money to prosecute cannabis businesses that…
News August 16Alaska credit union ending ties with MJ-related accounts
A federally chartered credit union in Alaska has moved to sever ties with 10 personal accounts linked to individuals launching cannabis-related businesses. The decision by the Alaska USA Federal Credit…
News August 16
Tuatara’s big raise underscores improving landscape for cannabis financing
By Omar Sacirbey Tuatara Capital’s recent success at raising a record $93 million for marijuana industry-related investments signals that deep-pocketed investors increasingly are embracing cannabis businesses. Moreover, the U.S. Drug Enforcement Administration’s…
News August 16British Government to Test CBD Product
Britain’s National Health Service is set to run tests on a CBD product that’s been on the market in the United Kingdom for over a year. The test results could lead…
News August 16
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