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Why cannabis banking reform alone won’t solve payment processing woes
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Week in Review: Marijuana Tax Proposal in CA, Potential New Competition in NY + Cannabis Ad Relief?
By Omar Sacirbey and John Schroyer California lawmakers consider implementing new taxes on medical cannabis sales, New York MMJ businesses could see more competition in the near future, and a federal bill…
News February 12FDA Warns Eight CBD Producers to Quit Making Medical Claims
A year ago, the U.S. Food and Drug Administration warned six companies to stop making claims about the medicinal benefits of their CBD-based products. Earlier this month, it formally warned…
News February 11DEA Searches Oregon Marijauna Extracts Makers
In a reminder that cannabis businesses are still not immune from federal law enforcement – even in states with legal marijuana – U.S. Drug Enforcement Administration agents recently searched the…
News February 11Australia Moving to Legalize MMJ Cultivation
Australia could move to legalize the cultivation of medical cannabis for clinical trials as soon as the end of next month, allowing its limited MMJ research program to advance. A bill…
News February 11
Social media massacre: Marijuana businesses scrambling as Facebook, Instagram shutter accounts
The marijuana industry is facing a growing challenge on the social media front, and there's no resolution in sight.
News February 11California Considers 15% Medical Marijuana Tax
A new bill introduced Wednesday in California would impose a 15% percent tax on medical marijuana sales to pay for state programs and enforce new regulations, according to SFGate.com. But…
News February 10Anchorage Finalizes Recreational Cannabis Regs
The Anchorage City Assembly finalized its regulations for the upcoming recreational marijuana industry on Tuesday night, tweaking buffer zone rules, prohibiting small-scale commercial grows and taking other steps. The new…
News February 10Colorado Marijuana Sales Hit Nearly $1B in 2015
The first state in the nation to launch a recreational marijuana industry has set a new bar for cannabis revenues. Colorado dispensaries and rec shops recorded $996 million in medical and recreational marijuana…
News February 10
Cannabis Company’s Deal With Celebrity Chef Part of Growing Trend
Nationally known chef Mindy Segal and Cresco Labs are partnering to produce a line of marijuana-infused sweets.
News February 10
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