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How a beer scion entered the cannabis industry for the long haul
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Rob Hunt: Massachusetts Dispensary Regulations Will Create Shotgun Marriages, Boost Risk
By Robert E. Hunt So you want to open a medical marijuana dispensary in Massachusetts? Before you go any further, you may want to examine what you’re up against. The…
News May 9Dispensary Raids, Warning Letters Stoke Fears of Renewed Crackdown on Cannabis Businesses
The headlines coming out of California and Washington state over the past few weeks conjure up memories of last spring, when the medical marijuana industry was under assault on many…
News May 8Fallout From CA Ruling: More Dispensary Bans, Uncertainty…and Pressure for Statewide Regs
The California Supreme Court’s landmark ruling yesterday allowing cities to outlaw cannabis dispensaries leaves the local medical marijuana industry in disarray, ensuring that a confusing patchwork of bans continues to…
News May 7Weekly Wrapup: Medical Cannabis Funding Climate Improving Amid New Deals, Developments
The medical marijuana industry may have finally turned a corner on the financing front, as evidenced by two important developments last week: #1. Five ancillary cannabis companies received a combined…
News May 6Medical Marijuana Inc. on the Defensive After Outside Criticism Sets Shareholders on Edge
One of the more prominent publicly traded cannabis companies has come under fire recently in blogs and stock message boards for its financial accounting methods and other issues, spooking investors…
News May 3Angel Investors to Pump $1 Million into 5 Cannabis Startups as Marijuana Investment Activity Picks Up
Five startup cannabis firms have received commitments for a combined $1 million in financing from angel investors, providing yet another indication that the investment climate is improving as marijuana gains…
News May 2Massachusetts Marijuana Advocates Decry ‘Nasty’ Bill That Would Severely Limit State’s MMJ Program
Massachusetts lawmakers are set to begin debating a bill that would cap the number of dispensaries in the state to just 10, set a nonrefundable application fee of at least…
News May 1Private Equity Firm Offering $250 Million in Cash Advances to Marijuana Businesses
By Anne Holland [Updated 5/2/13] Another crack has appeared in the wall of financial services firms refusing to do business with the cannabis industry. A financial firm based in Delaware…
News April 30Weekly Wrapup: MMJ Dispensary Progress Hits ‘Yellow Lights’ in CA, MD, IL and CT
In the week after federal authorities moved against all 63 marijuana retailers in Santa Ana CA, politicians across the US struggled to define local MMJ regulations in the hopes of…
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