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Why cannabis banking reform alone won’t solve payment processing woes
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UK Company Raising $148M to Advance CBD Drug
British drug maker GW Pharmaceuticals plans to raise $148 million from U.S. investors to advance an epilepsy drug that uses cannabidiol (CBD). The company will sell 1.7 million American Depository…
News June 20Florida Beach Town Approves Land for Dispensaries
A Florida town is already paving the way for medical marijuana dispensaries. City commissioners in Cocoa Beach passed an ordinance Thursday night to approve two locations for medical marijuana dispensaries. The spots…
News June 20NY Legalizes MMJ, but Smoking Banned
Lawmakers in New York have reached a deal to legalize medical marijuana under a restrictive pilot program that bans smoking the plant but allows the sale of oils, edibles and vapor…
News June 19
Central Illinois Towns Welcome MMJ Businesses
Medical marijuana entrepreneurs are eyeing central Illinois, and at least two towns are welcoming the businesses. According to the economic development council in the twin cities of Bloomington and Normal,…
News June 19Nevada County Approves 101 Cultivation, Testing & Production Applications
Clark County, Nevada, has taken another big step toward rolling out its medical marijuana program. County commissioners approved 101 applications for medical cannabis businesses this week. The breakdown of approved…
News June 19Crime Down at Denver Cannabis Businesses
The number of burglaries and robberies at Denver cannabis businesses since Jan. 1 is trending lower than in previous years. Through May, there have been 53 burglaries and one robbery…
News June 19
Arizona Group Abandons 2014 Legalization Campaign
Marijuana entrepreneurs in Arizona will have to put their hopes for a recreational cannabis industry on hold. The advocacy group Safer Arizona has abandoned its effort to get a legalization…
News June 19LA Police Have New Tool to Help in Dispensary Crackdown
Hundreds of illegal dispensaries operating in Los Angeles could be forced to close soon, as authorities now have access to a comprehensive list containing the names and addresses of such…
News June 18
New York MMJ Bill Must Ban Smoking, Cuomo Says
New York Gov. Andrew Cuomo has rejected the latest medical marijuana bill proposed by lawmakers, saying he wants the measure to include a ban on smoking cannabis. If supporters of…
News June 18
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