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Why cannabis banking reform alone won’t solve payment processing woes
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Update: DC Legalization Could Stand, But Sales May Be Banned
Congress will reportedly let Washington DC’s marijuana legalization initiative stand as passed by voters, but it will prohibit the city council from approving marijuana sales and taxation until at least…
News December 9Recreational marijuana approved for 2016 ballot in Nevada
Recreational marijuana legalization will be on Nevada’s 2016 ballot after state officials verified that advocates secured enough signatures to automatically put the issue to voters. Secretary of State Ross Miller…
News December 9
Guest Column: Dreaming of Cashing Out to Big Alcohol or Big Pharma? Time to Wake Up
It seems many in the marijuana industry operate with a “one foot out the door” attitude. Many hope for a huge buyout from either the big brewers/distillers or the pharmaceutical…
News December 9
Most Americans Support State Rights on MJ, Poll Finds
Roughly 60% of Americans think states should be allowed to legalize marijuana, while more than two-thirds said states with such laws should get a "safe haven" from the federal government…
News December 9Report: Feds Gathering Evidence Against Cannabis Companies
Although the federal government has thus far largely taken a hands-off approach to states that legalize marijuana in one form or another, a report Monday from Rocky Mountain PBS I-News and USA…
News December 8Taxes Hammering WA Marijuana Stores
Taxes on recreational marijuana businesses in Washington State are so extreme that some shops are struggling to stay open despite burgeoning sales. Cannabis City, the first retail marijuana store to…
News December 8
Chart of the Week: Percent of U.S. Population in States With MMJ Dispensaries
By Jennifer Mann Just how quickly has the medical marijuana industry grown? Here’s one indication: In three years, the portion of the U.S. population living in states with medical cannabis…
News December 8Israeli Company Developing ‘Designer’ MMJ Strains
An Israeli company is seeking government approval of a genetically bred cannabis strain that improves its medicinal value while reducing the psychological effects of marijuana. KanaboSeed – a joint venture…
News December 8Alaska Legislator Wants Separate MJ Control Board
Oversight of Alaska marijuana businesses would fall under a proposed marijuana control agency and not the state’s Alcoholic Beverage Control Board (ABC) under a proposal by a state lawmaker. Sen.…
News December 8
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