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Week in Review: Banking at Boiling Point, But Positive Signs for Payment Processing & Financing

By Chris Walsh Enough is enough. The federal government’s strategy of pressuring financial institutions to shut out the cannabis industry is creating bigger risks for marijuana companies – as well…

News January 10

Rhode Island Gov: 2014 “Too Soon” for Legalization

Rhode Island looked to be on track to become the next state to legalize recreational marijuana. But the state’s governor, Lincoln Chafee, is pumping the brakes. On Tuesday, Chafee said…

News January 10

Uruguay Poised to Export Cannabis

Uruguay is gearing up to export marijuana now that it has legalized cannabis use, with one government official saying the country is “enthusiastic” about tapping the global market. The move highlights…

News January 10

Cultivation Ban Extends CA Moratoriums

The Board of Supervisors in Fresno County on Tuesday voted to ban the cultivation of medical marijuana within the county’s unincorporated areas starting in February. The ban extends to all…

News January 9

Alaska Legalization Petition Beats Deadline

Legalizing marijuana is such a popular topic in Alaska that local advocates have submitted their petition two weeks before its due date. Marijuana Business Daily reported last month that the…

News January 9
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Credit Card Companies Easing Up on Cannabis Industry?

Dozens of recreational marijuana stores in Colorado are allowing customers to purchase cannabis with credit cards or ATM cards.

News January 8

Initial Rec Sales Haven’t Increased Support for Legalization

Despite the very smooth rollout of recreational sales in Colorado, it will take longer to convince additional people that the benefits of legalization outweigh the risks. A new CNN/ORC International…

News January 8

Oregon Dispensary Rules in Pipeline

Oregon will release draft rules covering medical marijuana dispensaries within the next few days, according to state officials. The move is an important step toward creating a network of regulated,…

News January 8

Denver Joins Chorus Calling for Marijuana Banking Access

With an eye on the millions of dollars in revenue generated over the past week by recreational cannabis stores in Colorado – much of it in cash – the Denver…

News January 7
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