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cannabis banking

Mad Scramble in Nevada After Bank Retreats From Cannabis Industry

By Tony C. Dreibus Serenity Wellness opened three accounts at First Security Bank of Nevada over the past 60 days, a key step in its plans to open production, processing…

News May 19
arizona medical cannabis

AZ Cannabis Farmer’s Market Club Raided by SWAT

Nine people were arrested at five locations after an Arizona SWAT team raided a medical cannabis club in the Phoenix area. The 7Ten Club was known for hosting marijuana farmer’s…

News May 18

Denver Grower Loses Court Fight Over Pesticide Quarantine

Denver marijuana cultivator Organic Greens was shot down in court on Friday by a district court judge who sided with the city after the grower tried to overturn a hold…

News May 18

Revamped MA Dispensary Guidelines Make Process More Transparent

Medical marijuana dispensary license applicants in Massachusetts will be judged on their own merits under new rules passed by regulators to make the licensing process in the state more efficient…

News May 18
marijuana business valuations

Chart of the Week: Marijuana Business Entrepreneurs Predict Their 2017 Valuations

By Becky Olson More than half of existing marijuana businesses are seeking additional financial backing or plan to do so later this year, while most cannabis firms preparing for launch…

News May 18
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FDA Says CBD Products Don’t Qualify as Dietary Supplements

The U.S. Food and Drug Administration has ruled that cannabidiol products don’t fit under the legal definition of dietary supplements and therefore can’t be marketed as such under the federal…

News May 15

Edibles Producer May Beef Up Offerings With Infused Meats

Infused products companies are known for their cookies and candies, but producers are getting creative by adding cannabis to everything from spaghetti sauce to, now, meat. Colorado’s The Sausage Queen…

News May 15
marijuana news

Week in Review: WA Reaching Out to Tribes, Banks Explain MJ Stance + Ohio Campaign Boost

By John Schroyer and Tony C. Dreibus Washington State sets up a process to work with Native American tribes interested in marijuana, large banks reveal why they won’t touch the…

News May 15

Another Bank Pulling Back From Marijuana Industry

By John Schroyer There’s more bad news on the banking front for cannabis companies. First Security Bank of Nevada, which began working with the nascent medical marijuana industry in the…

News May 15
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