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Why cannabis banking reform alone won’t solve payment processing woes
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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
Guest Column: 5 Retail Design Tips for MMJ Dispensaries, Recreational Cannabis Stores
By Noel Remigio Many dispensaries and retail stores open in a rush, with the owners focused squarely on supply chain, regulatory and licensing issues. As a result, they overlook a…
News January 28
MBank Nixes Services for Colorado MJ Companies
Well that was quick. MBank, the Oregon-based financial institution that recently announced it would begin serving Colorado marijuana companies, changed its mind and announced on Monday that it doesn’t have…
News January 27Florida Republican Files Proposal to Legalize Medical Marijuana
Entrepreneurs continuing the fight for medical marijuana in Florida have found an ally in Republican State Sen. Jeff Brandes, who has filed a measure to legalize MMJ. Senate Bill 528,…
News January 27California Tribe Inks MMJ Deal
It’s official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced that it has solidified a deal with FoxBarry Development Company to build a 90,000 square…
News January 27
Delays, Uncertainty Leave Illinois Medical Marijuana Entrepreneurs in the Lurch
By John Schroyer Illinois’ budding medical marijuana industry has been reeling since former Gov. Pat Quinn’s last-minute and highly controversial decision to leave office without signing off on business licenses…
News January 27
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