Week in Review: Cannabis Bank in CA? + Tight Deadline in NY & Sales Confusion in WA
By John Schroyer California officials propose a state-run bank for marijuana companies, New York license winners face a…
News August 7
Latest In: Finance
Latest Setback for Marijuana Banking Underscores Importance of Federal Change
The cannabis industry has experienced a handful of high-profile banking setbacks this year, deflating hopes that marijuana companies,…
News August 4NY License Winner Had Banking Strategy
A company that won a license to grow and sell medical cannabis in New York expects to leverage…
News August 3State-Run Marijuana Bank Proposed in California
California led the way in medical marijuana legislation, and some officials hope it will do the same when…
News August 3Cannabis Credit Union Denied By the Fed, Files Lawsuit
An upstart credit union that hoped to serve the marijuana industry and had state backing has been denied…
News July 31Illinois Poised to Begin Seed-to-Sale Tracking
As Illinois’ medical marijuana industry ramps up, regulatory officials are preparing to start following medical cannabis throughout the…
News July 24
Chart of the Week: Marijuana Stock Volatility Underscores Uncertainty, Industry’s Challenges
Marijuana stocks are a wild bunch. One moment they're soaring to the stratosphere, the next they're plummeting back…
News July 20
Week in Review: MMJ-Friendly Credit Union in New York + More Nevada Delays & WA Developments
By John Schroyer A prominent New York credit union reveals that it’s willing to work with at least…
News July 17
Florida medical marijuana legalization group raises $293K in June
A Florida political action committee trying to pass an initiative legalizing medical marijuana in the state raised almost…
News July 14Congress Takes Step Forward, Step Back on Marijuana
Congress is still apparently quite divided on how to deal with the marijuana industry and its federal status,…
News July 9
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