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Why cannabis banking reform alone won’t solve payment processing woes
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Former Illinois Gov’s List of License Finalists Revealed
Former Illinois Gov. Pat Quinn, who left office earlier this month without granting medical marijuana business licenses as initially planned, had a shortlist of companies ready to go. The list…
News January 261,600+ Applicants for 10 Rec Licenses in Colorado County
How popular is the marijuana business in Colorado? Here’s one indication: A single county that plans on issuing a total of 10 business licenses received roughly 1,608 applications in a…
News January 26Report: Cannabis Sales Rise 74% in 2014
Medical and recreational marijuana sales jumped 74% last year to hit $2.7 billion compared with roughly $1.5 billion in 2013, ranking cannabis as the fastest-growing industry in the United States,…
News January 26Chart of the Week: Comparison of 2014 Investment Activity in Marijuana vs. Other Industries
By Jennifer Mann Last year was a significant one for cannabis investments. U.S.-based private equity firms, venture capitalists and major angel investors pumped $95 million into marijuana businesses in 2014…
News January 26Social Media, App Sites Take Hard Line Against Cannabis Businesses
Fearing legal repercussions if their users break the law, Instagram and Apple’s App Store are reportedly cracking down on businesses promoting marijuana-related products or services. Some dispensaries, retail stores and…
News January 23MMJ Bill Introduced in Nebraska, Despite Interstate Cannabis Lawsuit
How’s this for irony: A lawmaker has introduced a bill to legalize medical cannabis in Nebraska, even though the state’s attorney general is pursuing a lawsuit against Colorado over its…
News January 233rd Annual Marijuana Business & Investor Survey Underway
Marijuana Business Media has launched its annual survey of cannabis professionals to gather key financial, operational, business and market data about the booming MJ industry in the United States. Cannabis…
News January 23Week in Review: Arizona Market Data, Vape Lounges in New England & Rec Real Estate Boom
By John Schroyer Arizona medical marijuana sales skyrocket, vape lounges gain traction in more states and cannabis entrepreneurs trigger a real estate boom in new rec markets. Here’s a closer…
News January 23WA Lawmakers Weigh Rec Tax Change
Washington State recreational marijuana shops have been struggling underneath a heavy tax burden, but state lawmakers could soon deliver some relief – in stages, at least. A proposed bill being…
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