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DOJ Chief ‘Cautiously Optimistic’ About Rec Cannabis Programs
The nation’s top law enforcement official said he is encouraged by Colorado and Washington State’s handling of recreational marijuana so far but stressed that the government is ready to crack…
News April 1570+ Oregon Cities Temporarily Ban Dispensaries
More than 70 municipalities in Oregon have implemented moratoriums on medical cannabis dispensaries, limiting businesses opportunities in many areas of the state for at least another year. The latest tally…
News April 15CA marijuana cultivators urged to cut water use
Legal and illegal marijuana cultivators in Northern California could be draining valuable water from the region’s drought-affected streams and rivers. According to a soon-to-be-published study led by California’s Department of…
News April 14Kentucky Approves CBD Extracts Law
Kentucky has joined Utah on the short list of U.S. states to legalize cannabidiol (CBD) for medical purposes. Kentucky Gov. Steve Beshear recently signed into law Senate Bill 124, which…
News April 14Maryland Revives Medical Cannabis Program, Passes Decriminalization
Maryland lawmakers have revamped the state’s medical marijuana program by establishing a framework of rules that is similar to those found in other medical marijuana states. The new program dissolves…
News April 14
Public Companies Setting Sights on Medical Marijuana Cultivation, Edibles
By Chris Walsh Publicly traded companies in the cannabis space have traditionally shied away from handling marijuana directly, focusing instead on hemp-based products and ancillary offerings such as growing equipment…
News April 14Denver Rec Shop Projects $10M-$12M in 2014 Sales
The owner of one of Colorado’s largest recreational marijuana stores projects his 2014 revenues will more than double his sales as a medical marijuana dispensary. Andy Williams, owner of the…
News April 14
Money Show Wrap-Up: Financial Lessons for Cannabusinesses
Financing, taxes and cash management – three of the most important topics for cannabis entrepreneurs – took center stage during last week’s CannaBusiness Money Show events in Boston, Chicago and…
News April 11GrowLife Trading Halted by SEC, Cannabis Stocks Drop
The U.S. Securities and Exchange Commission has temporarily halted stock trading for GrowLife Inc. (PHOT), which trades on the over-the-counter bulletin board. In a press release, the SEC said it…
News April 10
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