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Why cannabis banking reform alone won’t solve payment processing woes
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Massachusetts MMJ bottleneck moves from state to local level
By Omar Sacirbey The opening of two new dispensaries in Massachusetts since the start of the year has buoyed hopes that the state’s medical cannabis industry has moved past a serious bottleneck…
News March 2Illinois MMJ Sales Still on the Rise
Illinois’ fledgling medical marijuana industry saw another uptick in monthly sales in February, indicating continued growth in the highly restrictive market. According to state-reported numbers, dispensaries sold $1.47 million worth…
News March 1Australian Medical Cannabis Firm Raises $3.59 Million
An Australian medical cannabis company has raised $3.59 million ($5 million Australian) in an institutional placement, according to Business News of Australia. The company – MMJ Phytotech, which develops medical…
News March 1Ohio MMJ Initiative Language Released
Full details of Marijuana Policy Project’s ballot initiative to legalize medical cannabis in Ohio have been published online, and in a conference call with reporters Tuesday morning, MPP head Rob…
News March 1Rec legalization no slam dunk in Vermont
One of the prime states expected to legalize adult use cannabis this year via its legislature may not get across the goal line after all. A legalization bill won a…
News March 1Nationwide lessons from Montana’s upheaval
By John Schroyer Dispensary owner Rich Abromeit summed up last week’s brutal Montana Supreme Court decision – which effectively bans medical marijuana businesses across the state – in just five…
News March 1Breaking the Bank
Tim Cullen has lost a lot of bank accounts over the years. “Man, I’ve been kicked out of more banks than I can name,” said Cullen, CEO and co-founder of…
News March 1Seismic Shift: 5 Questions with Scott Van Rixel
Scott Van Rixel isn’t exactly optimistic about the future of his industry. The CEO of the wildly successful Bhang Chocolate company, which is based in California but has products available…
News March 1First Things First
When “marijuana” and “state trooper” are used in the same sentence, it usually means someone is in trouble. Not so if you’re referring to marijuana and Mark Lally, a decorated…
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