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Medical cannabis dispensary rejected for DEA registration as more federal marijuana rescheduling details emerge
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22 MMJ Dispensaries Shut in Vancouver, Others Vow Legal Fight
The Canadian city of Vancouver launched its crackdown on unlicensed medical marijuana dispensaries, with 22 storefronts agreeing to close and city inspectors ticketing 44 others that defied an order to do…
News May 3In major victory, Harborside civil forfeiture case dropped
Federal prosecutors dropped a civil forfeiture case against Harborside Health Center, a marijuana dispensary in Oakland, California.
News May 3High Times Teams With Madison Ave. To Get Its Message Out
Longtime cannabis advocate publication High Times has teamed with Madison Avenue to get its message heard on Main Street. The magazine partnered with Sparks & Honey, an Omnicom advertising agency, to release…
News May 3
Colorado’s cannabis industry under attack on several fronts
By John Schroyer On the surface, it might appear that Colorado’s $1 billion marijuana industry has been unencumbered by legal roadblocks or political opposition, given its speedy growth in recent…
News May 3Walgreens Broaches Topic of Medical Cannabis On Its Blog
Walgreens, the nation’s largest drugstore chain, has dipped its toes into the cannabis conversation through an unexpected article about medical marijuana on its health and wellness blog. The blog post, entitled “What…
News May 2Marijuana Website Wikileaf Bought By Canadian Firm
Nesta Holding Co. has acquired Wikileaf.com, a website offering Priceline-style marijuana deals at local dispensaries.
News May 2Colorado Credit Union Appeals Federal Judge’s Ruling
The Fourth Corner Credit Union in Colorado has appealed a federal judge’s decision to dismiss a lawsuit the upstart financial institution had filed in an effort to provide financial services to cannabis…
News May 2SEC halts trading in cannabis firm Pineapple Express
The U.S. Securities and Exchange Commission has temporarily suspended trading in Pineapple Express, a cannabis consulting and investment company headquartered in Los Angeles. The agency said it did so “because…
News May 2
Chart of the Week: Huge Spike in Number of Banks, Credit Unions Serving Cannabis Companies
The number of banks and credit unions providing services to marijuana businesses has grown dramatically over the past 24 months, providing some much-needed relief to the cannabis industry.
News May 2
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