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Illinois Gov Won’t Extend MMJ Pilot Program Yet

In response to attempts by lawmakers to extend the timeline for the state’s medical cannabis pilot program, Gov. Bruce Rauner made it clear on Monday that he isn’t going to…

News April 13

Filings Show Many Banks Working With Cannabis Businesses

Banks have filed more than 1,700 so-called “marijuana limited” suspicious activity reports since the federal government issued guidance early last year on how financial institutions can handle dealings with cannabis…

News April 13
arizona medical cannabis

New Doctor Requirement Could Dampen Arizona’s MMJ Market

Arizona dispensaries could see fewer new patients after the state’s governor signed a bill forcing naturopathic doctors to provide documentation on medical marijuana recommendations. The new rule, which take effect…

News April 13
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Chart of the Week: Differences in MMJ Sales, Patient Visits Among New Jersey Dispensaries

Entrepreneurs in heavily regulated medical marijuana states can learn a lot by looking to New Jersey, which has one of the strictest and most limited MMJ programs in the country.

News April 13
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MBank to Close All Cannabis Accounts

By Tony C. Dreibus MBank, the small Oregon-based financial institution that has serviced the cannabis industry since last year, told Marijuana Business Daily that it will close all of its…

News April 10

Oregon May Push Back Edibles Sales to 2017

Companies that make edibles may not be able to sell into Oregon’s legal recreational cannabis market until 2017 due to difficulties crafting laws governing these types of products, which could…

News April 10
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Week in Review: New Financing Benchmark, Oregon Weighs Early Rec Sales & Gardening Giant Enters MJ

By John Schroyer Privateer Holdings wraps up a record-setting financing round, Oregon lawmakers consider accelerating the recreational marijuana sales timeline, and Scotts Miracle-Gro dips its toes into the cannabis industry…

News April 10

500 MMJ Dispensaries Shuttered in LA, City Attorney Says

Medical marijuana dispensary competition in Los Angeles is apparently shrinking. The city claims it has succeeded in shutting down the vast majority of illegal dispensaries, with possibly more closures on…

News April 10
cannabis banking

Business Owners, Lawmakers Discuss Banking With KC Fed

Cannabis business owners and Colorado Reps. Ed Perlmutter and Jared Polis met on Thursday with the head of the Federal Reserve Bank of Kansas City to discuss the lack of…

News April 9
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