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Week in Review: Banking scare, marijuana ballot roundup & water rules in California
By Omar Sacirbey and John Schroyer An Illinois bank sparks fresh concerns about cannabis and financial institutions, the number of states with certified pro-marijuana ballot measures hits an all-time high,…
News July 15Oregon MJ Company CEO Focus of Sexual Harassment Suit
A co-founder and former employee of one of Oregon’s largest wholesale cannabis distribution firms has filed a lawsuit against the company’s CEO, alleging the executive “groped and smelled her” and…
News July 14Illinois Bank Facing Fed, State Heat Tied to MJ Clients
A community bank in Illinois has reportedly landed in legal hot water with the federal and state governments for violations allegedly relating to cannabis. The news highlights financial industry fears that…
News July 14Montana, Massachusetts marijuana initiatives make ballot
A recreational marijuana legalization initiative in Massachusetts and a measure to fully legalize medical dispensaries in Montana both qualified for the 2016 general election ballot this week. The Massachusetts measure…
News July 14
Louisiana’s new medical cannabis program moving forward
By John Schroyer Louisiana’s new medical marijuana program is moving ahead after two public universities opted to grow MMJ as the state’s only cultivators. One university has even talked with law enforcement about about…
News July 14California to Regulate Water Use Among Cannabis Growers
Up to 50,000 marijuana growers in California could be required to obtain state permits to use irrigation water under a new law which spells out operating details of the state’s Medical…
News July 14Maryland 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
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