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Why cannabis banking reform alone won’t solve payment processing woes
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Georgia Entrepreneur Tries to Get Jump on MMJ Legalization
An entrepreneur in Georgia is already laying the groundwork to distribute medical marijuana, even though the state doesn’t appear close to legalizing the drug. Daniel Macris has launched Halcyon Organics…
News May 27
House to Debate Key Cannabis Proposal
The U.S. House of Representatives is set to discuss a proposal that would bar the government from using taxpayer money to enforce federal marijuana laws in states that have legalized…
News May 27Marijuana Could Become Nevada’s Top Cash Crop
Medical marijuana could become Nevada’s most lucrative crop due in large part to the plant’s relatively light water requirements. Dale Devitt, a professor at UNLV, told the Las Vegas Review-Journal…
News May 27
GrowLife Inc. CEO Steps Down After Trading Halt
California-based cultivation equipment retailer GrowLife Inc. has restructured its leadership, replacing CEO Sterling Scott with Marco Hegyi, the company’s president. Scott, who was also director and chairman of the company’s…
News May 23Kentucky Wins Release of Confiscated Hemp Seeds
Kentucky has freed its trapped hemp seeds after winning a standoff with the United States Drug Enforcement Administration. The news ends a weeklong ordeal that began when customs officials seized…
News May 23
$100,000 for Oregon Marijuana Legalization Campaign
Oregon’s campaign to legalize recreational marijuana just got a major cash infusion. New Approach Oregon, the advocacy group sponsoring the legalization initiative, recently received $100,000 from the Drug Policy Alliance…
News May 23
Week in Review: Bank to Gamble on MMJ + Unusual Licensing Process & Cannabis Stocks Under Fire
By Chris Walsh A bank indicates it will roll out the welcome mat for medical marijuana businesses, Nevada’s largest county reveals a “Shark Tank”-esque process for evaluating MMJ applicants and…
News May 23Dixie Settles Lawsuit Over THC Mints
Dixie Elixirs and Edibles has settled a lawsuit filed by a Colorado-based company that makes cannabis-infused mints. Dixie announced that it has reached an “amicable separation agreement” with Bridge Marketing,…
News May 23Colorado to Spend $9 Million on Cannabis Research
Colorado is preparing to spend $9 million on medical marijuana research, and the studies could utilize products that are currently being sold in the state’s marijuana market. Under Senate Bill…
News May 22
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