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What it Will Take to Land a Coveted Medical Marijuana Business License in Illinois

Let the countdown begin. Entrepreneurs in Illinois can officially apply for medical marijuana business licenses in less than four weeks, with the state planning to accept submissions from Sept. 8-22.

News August 13

105 Banks Working With Cannabis Industry

Banking guidelines handed down by the Obama administration earlier this year are “having the intended effect” of encouraging more financial institutions to do business with the cannabis industry, according to…

News August 13
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Ben & Jerry’s Co-Founder to Keynote Marijuana Conference

Ben Cohen, co-founder of the iconic ice cream brand Ben & Jerry’s, will keynote the Marijuana Business Conference & Expo this November in Las Vegas. Cohen will share his entrepreneurial…

News August 13

Energy Efficiency Elusive in Rec States

Energy could quickly become a major issue for cultivators in recreational cannabis markets. Neither Colorado nor Washington State has devoted much time to figuring out how to satisfy the huge…

News August 12
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More Controversy Over MA Application Process

The cannabis controversy continues in Massachusetts. The state’s health department knowingly awarded two dispensary licenses to a company whose top executive allegedly misled local officials about his college credentials, according…

News August 12

San Francisco Considering Regulations on MMJ Delivery

A marijuana delivery service in San Francisco that dubs itself “the Uber of pot” is raising eyebrows among local officials concerned with the unregulated nature of such businesses. The company,…

News August 11
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WA Retail Stores Post $2.6M in Marijuana Sales

The recreational marijuana industry is off to a healthy start in Washington State, with retail stores hauling in $2.6 million during the first month of sales, according to figures for…

News August 11
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Guest Column: The 5 Types of Cannabis Companies Most Likely to Get Investment Money

Seasoned investors in the cannabis space often look for companies with certain characteristics, and businesses that fit the bill stand a much better chance of cementing a deal than those…

News August 11

Colorado Rec Revenues Hit Record $25M in June

June was a banner month for recreational marijuana in Colorado, with retail stores reporting nearly $25 million in sales, according to the state’s latest tax report on the industry. That…

News August 11
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