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Why cannabis banking reform alone won’t solve payment processing woes
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Chart of the Week: Marijuana Startup Interest Booming in California, Washington State & Colorado
By Marijuana Business Daily staff California has climbed over several other powerhouse cannabis states and now ranks as the most popular market for entrepreneurs starting marijuana companies, despite an unstable…
News February 9Hemp Farmers Wanted in Oregon
Attention, Oregon growers: If you’re looking to expand your crop base, you might want to consider hemp. The state’s Department of Agriculture is now accepting applications for business licenses to…
News February 620 Applicants, Including Rapper, Win Dispensary Licenses in Santa Ana
The city of Santa Ana, California, has awarded 20 dispensary licenses, including one to Cypress Hill rapper Louis Freese, better known by his stage name B-Real.
News February 6
Business Licenses Issued in IL Before FBI Checks Completed
In his hurry to get permits issued to medical marijuana businesses, Illinois Gov. Bruce Rauner overlooked a key step in the vetting process: conducting criminal background checks. None of the…
News February 6
Week in Review: Illinois a Launchpad for MJ Companies With Eye on National Expansion
By John Schroyer The cannabis industry has been abuzz since Illinois unexpectedly issued 70 business permits to medical marijuana companies earlier this week, allaying concerns that the licensing process would…
News February 6Big-Name Business Accelerator Latest to Invest in Cannabis Industry
Investments in the cannabis industry are suddenly en vogue. Y Combinator (YC) – a business accelerator that helped get Reddit, Airbnb and Dropbox off the ground – has invested in…
News February 5Surgeon General Backs MMJ
Medical cannabis professionals may have a new ally at the federal level: U.S. Surgeon General Vivek Murthy told CBS this week that “marijuana can be helpful” for some medical ailments.…
News February 5
Oregon Cities Pushing for Power to Tax, Ban Cannabis Sales
As it was originally passed last November by Oregon voters, Measure 91 legalizes recreational marijuana and allows the state to tax cannabis sales. But a lawmaker has introduced a bill…
News February 5
Class-Action Lawsuits Send Medbox Shares Lower, Highlight Risks of Going Public
By John Schroyer Medbox Inc., one of the most prominent publicly traded companies in the cannabis space, is grappling with an issue that could become more common in the marijuana…
News February 5
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