Another Bank Pulling Back From Marijuana Industry
By John Schroyer There’s more bad news on the banking front for cannabis companies. First Security Bank of…
News May 15
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Smaller Players Squeezed Out of NY Licensing Process
Strict rules, huge financial requirements and stiff competition appear to be deterring smaller businesses from vying for medical…
News May 14Large Banks Say Cannabis Business Risks Still Outweigh Benefits
The nation’s largest banks aren’t willing to work with cannabis businesses because the risks of working with a…
News May 12
Colorado Easing Rules on Out-of-State Investments in Cannabis Companies – With Some Big Caveats
Note: This story has been updated and clarified, as Marijuana Business Daily initially received incorrect and incomplete information…
News May 12WA Law Paves Way for Marijuana Pacts With Tribes
Washington State Gov. Jay Inslee has signed a bill that sets up a framework for his office to…
News May 11
Another Canadian City Begins Crafting Dispensary Laws
Lawmakers in Victoria, British Columbia, are drafting their own bylaws to regulate the city’s medical cannabis dispensaries even…
News May 11
Report: Investors in MJ Stocks Younger, Have Less Capital
Investors in marijuana stocks are younger and more likely to be from big states such as California and…
News May 8
Week in Review: WA Rec Sales Balloon, NV Moves Closer to Launch + Puerto Rico Legalizes MMJ
By John Schroyer and Tony C. Dreibus Recreational marijuana sales gain some significant traction in Washington State, Nevada’s…
News May 8Rec Revenues Soar to $25M in Washington State
Washington State recreational marijuana sales surged in April, almost doubling the amount recorded in January. Sales via rec…
News May 7
Rejection of Marijuana Startup at Tech Competition a Case of ‘Cannabias’?
By Tony C. Dreibus The cannabis industry has taken great strides towards entering the mainstream business world in…
News May 7
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