Medical Cannabis Dispensaries Losing Bank Accounts Over Large, Frequent Cash Deposits
An increasing number of medical cannabis dispensaries are losing their coveted bank accounts simply because they’re depositing too…
News June 5
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Week in Review: Bill to Stop IRS Assault on MMJ Faces Long Odds + Skepticism Over Cannabis Plans
Last week, Medical Marijuana Business Daily wrote about how a federal lawmaker is planning to introduce legislation that…
News June 3
Federal Lawmaker to Introduce Bill Tackling Top Problem for Medical Marijuana Industry: Taxes
US Congressman Earl Blumenauer is emerging as one of the biggest marijuana supporters in the halls of power,…
News May 30
Quarterly Financial Reports Highlight Challenges Facing Publicly Traded Medical Cannabis Companies
Medical marijuana sales are expected to grow by 15% this year to hit $1.5 billion, dispensaries are launching…
News May 28
MedBox Profits Halved Despite Healthy Increase in Revenues, Growth of Medical Cannabis Industry
MedBox, which provides automated cannabis vending systems and consulting services to the medical marijuana industry, saw its first-quarter…
News May 23
GrowLife’s Acquisition Strategy Leads to Spike in Revenues, But Wider Net Loss, in Q1
GrowLife Inc., a publicly traded company that provides cultivation equipment and related technology to the medical marijuana industry,…
News May 16
Credit Card Companies Barring Dispensary Owners From Opening Accounts for Other Businesses
Dispensary owners affected by credit card companies' moves to cut ties with the medical marijuana industry in recent…
News May 14
Bright Marijuana Business Outlook: 80% of Ancillary Cannabis Firms Expect ‘Big’ or Moderate Growth
The future of the marijuana industry is extremely bright, at least if you ask those who have hitched…
News May 10
Weekly 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…
News May 6
Medical 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…
News May 3
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