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Why cannabis banking reform alone won’t solve payment processing woes
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DEA Allows Drug Company to Import Cannabis
A drug delivery and technology company has received approval from the U.S. Drug Enforcement Administration to import marijuana for research. Formally allowing a private company to import cannabis products, even…
News December 14Chart of the Week: 60% of Cannabis Companies Don’t Have Bank Accounts
By Becky Olson Roughly 60% of companies operating in the cannabis industry don’t have bank accounts for their businesses, according to first-of-its-kind data from a survey conducted by Marijuana Business…
News December 14Florida rec campaign calls it quits
A four-month-old campaign in Florida to legalize recreational cannabis at the ballot next year is pulling the plug. “Due to time constraints, it has become obvious we will not be…
News December 11Delaware seeks bids for two more dispensaries
Slowly but surely. That seems to be the motto for numerous East Coast medical marijuana markets that have taken a long time to get off the ground. One of the slowest…
News December 11Washington DC reconsiders smoking ban
Marijuana businesses could see expanded opportunities in Washington DC if local lawmakers allow a ban on smoking in businesses or public to expire. Opponents of the ban, which effectively means…
News December 11Florida CBD Producers Moving Forward
It looks like the CBD industry in Florida is moving ahead, regardless of what the state may do on the medical cannabis front next year. On Wednesday, the five nurseries…
News December 11Week in Review: Strong Illinois MMJ Sales, Positive Merrill Lynch Report & British Firm’s U.S. Expansion
By John Schroyer and Omar Sacirbey Illinois medical cannabis sales start off on a positive note, Merrill Lynch takes an in-depth look at the marijuana industry, and a British MMJ company…
News December 11Vaporizer Startup Names Former Keurig Exec as New CEO
A new vaporizer company based in Boston has named Dave Manly, a former senior vice president with the coffee brewing system producer Keurig, as its new chief executive officer.
News December 10ReformCA Likely to Throw in Towel, Won’t Gather Signatures for Legalization Initiative
A high-profile marijuana legalization campaign in California spearheaded by Oaksterdam University's Dale Sky Jones has decided not to gather signatures for its proposal and appears ready to throw in the…
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