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
Latest In: Finance
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
Angel Investors to Pump $1 Million into 5 Cannabis Startups as Marijuana Investment Activity Picks Up
Five startup cannabis firms have received commitments for a combined $1 million in financing from angel investors, providing…
News May 2
Massachusetts Marijuana Advocates Decry ‘Nasty’ Bill That Would Severely Limit State’s MMJ Program
Massachusetts lawmakers are set to begin debating a bill that would cap the number of dispensaries in the…
News May 1
Private Equity Firm Offering $250 Million in Cash Advances to Marijuana Businesses
By Anne Holland [Updated 5/2/13] Another crack has appeared in the wall of financial services firms refusing to…
News April 30
83% of Existing Medical Marijuana Businesses Were Funded by Founders’ Own Wallets
By Anne Holland As new-to-dispensaries states such as Massachusetts and Connecticut propose requiring dispensary founders to fund huge…
News April 26
AZ’s MMJ Dispensary Revenues Projected to Reach $440 Million by 2016
By Anne Holland According to an economic impact study of the nascent AZ MMJ dispensary industry, retail sales of…
News April 24
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