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Why cannabis banking reform alone won’t solve payment processing woes
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Week in Review: Nevada Licenses, Florida Finger-Pointing and a Unique Funding Deal
Hundreds of businesses win medical marijuana licenses in Nevada, the cannabis industry suffers a painful defeat in Florida, and an ancillary company lands $1.5 million in venture capital.
News November 7
Business Questions Abound as Oregon Prepares for Rec Sales
Will Oregon medical marijuana businesses have first dibs on recreational licenses? Will there be a cap set on the number of retail stores? When will the Oregon Liquor Control Commission…
News November 7Uncertain Future for DC Legalization
Regardless of how loudly voters speak, sometimes elected officials just ignore them. That might become the case in Washington DC with Initiative 71, which legalized marijuana possession and passed with…
News November 6$1.5M in Venture Capital for Marijuana Delivery Company
Eaze Solutions LLC, which provides a high-tech marijuana delivery service, has reportedly raised $1.5 million to expand outside of San Francisco to other California cities. The company secured some of…
News November 6
Morgan: Florida MMJ Failure ‘Huge’ Lost Business Opportunity
John Morgan, the attorney who pumped millions of dollars into Florida’s unsuccessful bid to legalize medical marijuana, said Wednesday that the measure’s failure represents a missed business opportunity for one…
News November 5Marijuana Business Media Bolsters Staff; New Hires From Wall Street Journal, Private Equity
Marijuana Business Media has expanded its staff in recent months, bringing on veteran reporters, marketing pros and other key employees. Led by George Jage – who previously founded World Tea…
News November 5CO Cannabis Industry Dodges Bullet
The recreational marijuana industry in Colorado can breathe a sigh of relief – it won’t have a hard-line Republican governor to deal with for the next four years. Colorado Democratic…
News November 5
Canadian Company Sues Over License Denial
New Age Medical Solutions Inc. is mounting the first court challenge over Canada’s licensing process after being denied a permit to grow medical marijuana commercially, a move that could open…
News November 5California Case Could Boost Efforts to Reschedule Marijuana
U.S. District Judge Kimberly J. Mueller could start a legal revolution as she considers the validity of science regarding marijuana’s classification as a Schedule 1 drug. The question at hand:…
News November 5
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