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Cannabis investment trends and funding advice: Q&A with Viridian Capital’s Scott Greiper

By Tony C. Dreibus Big money is flowing into the marijuana industry, merger and acquisition activity is increasing, and the legislative environment is improving – all good things for the…

News February 18

Tribes Warned of Legal Risks in MJ Industry

After the Department of Justice issued a memo in December stating that Native Americans could grow and sell marijuana on tribal lands, there was an immediate rush by entrepreneurs to…

News February 17

Congress Should Reclassify Marijuana, Cato Institute Says

Medical cannabis companies and users would benefit if Congress rescheduled marijuana as a Schedule II drug, according to a report by the Cato Institute. The libertarian think tank said reclassifying…

News February 17
cannabis taxes

IRS Taking Tough Stance Against MJ Businesses Without Bank Accounts

The Internal Revenue Service has no sympathy for marijuana companies that can’t find bank accounts, it seems. An IRS hearing officer has rejected a Colorado dispensary’s request to waive a…

News February 17
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Who’s Next: States With the Best Chances of Legalizing Rec or Medical Marijuana in 2015

By John Schroyer Let the lobbying begin. Lawmakers across the country are introducing bills to legalize medical or recreational cannabis at the state level this year, galvanizing marijuana advocacy groups…

News February 17

Uruguay on road to selecting marijuana cultivators

Uruguay is moving closer to starting marijuana sales after a series of delays plagued the first country to legalize recreational cannabis at the national level. Investors from as far away…

News February 16

Michigan Dispensary, Edibles Bills Back on Table

Michigan legislators are reviving bills that were shot down last year covering dispensaries, medical marijuana edibles and topicals. Lawmakers behind the bills say the state needs clear rules and regulations…

News February 16
Graphic for Medical Marijuana Dispensary Ban

Report: Apple Allowing MJ Apps Again

Apple has apparently reversed a recent ban on cannabis-related social media apps on its iTunes store, with some caveats. MassRoots – an online community for cannabis consumers and users –…

News February 16
chart of marijuana sales in colorado

Chart of the Week: Monthly Medical, Recreational Marijuana Sales in Colorado

By Marijuana Business Daily staff So much for initial concerns that recreational cannabis would end up being a novelty. The rec industry had a meteoric rise in Colorado, with sales…

News February 16
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