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Marijuana industry banking woes: Here’s how some states are struggling to address them

U.S. cannabis companies are forecast to bring in as much as $10 billion in retail sales this year, according to the Marijuana Business Factbook 2018. But much of that money will go unbanked by financial institutions wary of possible sanctions for servicing businesses considered federally illegal. However, as more states legalize cannabis, regulators and lawmakers are […]

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California regulatory reversal: New marijuana delivery rules highlight Eaze’s political pull

New cannabis rules in California released Tuesday highlight again how fractious the state’s industry remains. The regulations also put the spotlight on the political influence wielded by a technology company that isn’t governed by the rules it has been lobbying to change. Several cannabis industry insiders say the updated regulations – issued by the state […]

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What are the medical marijuana business hurdles in Minnesota?

Minnesota has one of the country’s most restrictive medical marijuana programs, and MMJ businesses in the state have experienced significant financial, management and legal issues. However, it isn’t necessarily all gloom and doom when it comes to the future of Minnesota’s MMJ businesses. Nic Easley, a national cannabis consultant and CEO of Denver-based 3C Consulting, […]

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Interested in the cannabis packaging business? 4 factors to consider

Packaging is integral to brand building. And for marijuana businesses, it’s growing in importance in increasingly competitive ­- sometimes even oversaturated – markets. Before diving into the cannabis packaging industry, however, entrepreneurs should consider whether: There’s enough room in the sector for more players. To go big – or carve out a niche. They want […]

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Chart: Cannabis industry supports up to 160,000 full-time jobs, with more growth on horizon

Here’s a striking figure for the nascent cannabis industry that only recently began to operate legitimately: It supports 125,000-160,000 full-time jobs in the United States. To put that in perspective, the marijuana industry now supports approximately the same numbers of full-time workers as there are librarians and kindergarten teachers in the country – and roughly […]

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Week in Review: California assails unregulated marijuana, Oregon halts licensing & Michigan’s MMJ travails

California gets federal money to combat unregulated marijuana growers, Oregon suspends its cannabis licensing process in the face of a product glut, and Michigan extends a medical MJ permitting deadline. Here’s a closer look at some notable developments in the cannabis industry over the past week. Federal ‘Trojan horse’? A cannabis industry insider is suspicious […]

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Week in Review: Ohio cannabis real estate woes, Missouri ballot measures & Oregon legal jitters

Ohio medical marijuana companies spend thousands on real estate while awaiting licenses, Missouri MMJ businesses eye ballot measures that would prove most business-friendly, and Oregon’s top federal prosecutor calls out the state’s excess cannabis output. Here’s a closer look at some notable developments in the cannabis industry over the past week. Waiting for Godot No […]

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