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Illinois state treasurer asks Trump for clarity on MMJ banking

Illinois’ state treasurer has joined California’s in requesting guidance from the new administration of President Donald Trump on…

News January 24
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Marijuana data firm announces $2.5 million capital raise

One of the cannabis industry’s leading sales data firms announced Wednesday it has secured $2.5 million in private…

News January 19
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Canadian consumer-oriented marijuana firm raises CA$3 million

A Toronto-based cannabis, coffee and clothing business, Tokyo Smoke, secured 3 million Canadian dollars ($2.25 million) from investors,…

News January 19
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MJ Freeway still working on fixes, damage control as reputation takes hit

MJ Freeway continues to reel from a systems crash earlier this month that has affected a large swath of…

News January 18
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Top four US banks have had cannabis accounts, study shows

Whether they know it or not, America’s four largest banks have held accounts for marijuana businesses, in contrast…

News January 13
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Week in Review: Sessions’ sleight of hand, scofflaws in CA & risky business in NY

By John Schroyer, Bart Schaneman and Omar Sacirbey Attorney general nominee Jeff Sessions plays his cannabis-enforcement views close…

News January 13
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MMJ company CannaKorp raises $5.7 million in 2016

CannaKorp, a Massachusetts company that’s been dubbed the “Keurig for marijuana,” said it raised $4.1 million in its…

News January 12

MassRoots receives $2M in proceeds from warrant exercise

MassRoots, the popular social network for cannabis enthusiasts, said it has received more than $2 million in cash from…

News January 12
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MedMen acquires troubled New York medical cannabis licensee

MedMen, a California-based marijuana management and consulting firm, has acquired Bloomfield Industries, a financially troubled New York cannabis business…

News January 11
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Canadian medical cannabis biotech firm to get CA$4 million infusion

CannaRoyalty Corp., a marijuana-focused Canadian investment company, plans to pay 4 million in Canadian dollars ($3.03 million) for…

News January 10
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