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New York MMJ off to sluggish start

New York marijuana business leaders expected a slow start to the state’s medical marijuana program, which officially launched yesterday. But not this slow. Only a handful of patients visited dispensaries on…

News January 8
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Week in Review: Banking Bummer, Illinois Sales Figures & Spotlight Shines on Young MJ Exec

A judge dashes hopes for banking relief, Illinois medical cannabis sales near $2 million, and a 20-something marijuana executive gets recognition from a big-name business magazine.

News January 8

Cannabis Cultivation Services Firm Lands $5.5M Investment

Two Rivers Water & Farming, a publicly traded water management and agricultural company in Denver, has raised $5.5 million to support a subsidiary that builds greenhouses for cannabis cultivators, according…

News January 7

BioTrackTHC Wins Hawaii Contract

Software firm BioTrackTHC has won another state-level contract to provide seed-to-sale tracking – this time for Hawaii’s medical marijuana program. The contract amount is $159,000. This is the fifth marijuana-related government…

News January 7
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Despite tight timeline, New York’s medical cannabis industry launches on schedule

New York’s medical marijuana industry officially launches today, less than six months after the state awarded MMJ business licenses.

News January 7

Forbes Names Cannabis CEO to Prominent List

In another sign that the cannabis industry is advancing towards mainstream acceptance and respectability, Forbes magazine has included a marijuana executive in one of its annual “30 Under 30” lists.…

News January 6

Oregon Now Accepting Marijuana Business Applications

Oregon has started accepting applications for recreational marijuana business licenses, setting off a scramble among entrepreneurs hoping to open retail stores, cultivation sites and processing operations. The state has no caps…

News January 6

Judge Tosses Fourth Corner Banking Lawsuit

The marijuana industry’s hope for a solution to its banking woes suffered a major setback Tuesday when a federal judge dismissed a lawsuit filed by a startup financial institution hoping…

News January 6
cannabis legalization

High expectations: Seven states that could legalize medical or recreational marijuana in 2016

By John Schroyer This is the third piece in a three-part series looking at key events in the marijuana industry in 2015 and examining what lies ahead for 2016. You can…

News January 6
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