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FDA approved cannabis: Why Schedule 3 means operators must prepare for pharmaceutical-grade MMJ now
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Super Bowl a Boon for Washington MMJ Business
A cannabis company in Washington State is capitalizing on the Super Bowl in a big way. Solstice Grown, which produces cannabis flowers and infused products, has seen huge demand for…
News January 30
Week in Review: Bank Axes CO Service, Contentious Biz Plan in Alaska & Concerns Over Potential AG
By John Schroyer An Oregon-based bank retreats from the Colorado marijuana market, an entrepreneur reveals plans to open an unlicensed dispensary in Alaska, and the nominee for U.S. attorney general…
News January 30
CO Rec Stores Unloading Edibles Inventory
In advance of new regulations for infused products in Colorado, many recreational stores in the state are slashing prices on edibles to avoid having to destroy them in a few…
News January 29AG Nominee Opposed to Cannabis Legalization
Cannabis businesses may face obstacles if Loretta Lynch is confirmed as the next U.S. attorney general. Lynch, who has been nominated to succeed Eric Holder, said during a confirmation hearing…
News January 29SEC Gives Green Light to Marijuana Company’s Stock Registration
The U.S. Securities and Exchange Commission has approved a share registration by a company that will engage in the cultivation and sale of marijuana, which could encourage other businesses that…
News January 29
IRS Memo Could Raise Cannabis Industry’s Tax Bill by ‘Millions and Millions’ of Dollars
By John Schroyer A new IRS memo about tax issues tied to cannabis companies could end up costing the marijuana industry millions of dollars annually, reducing already-slim profit margins for…
News January 29
Pennsylvania MMJ Efforts Get Big Boost from Governor
The chances that Pennsylvania could become one of the next states to legalize medical marijuana improved markedly this week. Gov. Tom Wolf (pictured), who took office this month, has come…
News January 28Prominent Investment Firm Pumps Money Into Cannabis Tech Company
Another mainstream investment firm is hoping to cash in on the cannabis industry. Tao Capital Partners, which pumped money into Tesla cars and space travel company SpaceX, announced it has…
News January 28Plan to Open 1st Alaska ‘Dispensary’ Draws Criticism
The former TV reporter who generated controversy last fall when she quit her job on-air to support Alaska’s recreational marijuana legalization effort is at it again. Charlo Greene plans to…
News January 28
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