Banks refuse Marijuana related businesses

Despite the Cole Memo issued by the federal government in 2014, banking remains a huge issue for marijuana businesses, including ancillary businesses that do not even handle the product. A Business not being able to bank forces operations to be cash intensive and provides for community safety issues, a primary concern for the marijuana industry. […]

19 tons of medical marijuana consumed in Arizona in 2015

Arizona’s nearly 88,000 medical marijuana patients smoke, ate or otherwise consumed more than 19 tons of the drug last year. An estimated $184 million was spent on the drug legally. This is just the beginning of the medical marijuana consumed in Arizona. The disclosures come as the Marijuana Policy Project, which successfully got voters to […]

Big Changes Come To Oregon’s Marijuana Industry In 2016 . News | OPB

By the end of the year, Oregon’s cannabis industry will look a lot different from what we currently have. Although the state is accepting business license applications, the Oregon Liquor Control Commission — which will oversee the state’s recreational marijuana business solely starting in January 2017 — doesn’t plan to approve any of the retail store […]

LA addressing medical marijuana mixed message on tax collection

Some medical pot shops in the city are still allowed to operate due to exceptions in Proposition D, but finance officials said they are unequipped to determine whether a medical marijuana dispensary is in compliance and must leave the potentially complex legal question to be sorted out by city attorneys. City leaders said collecting taxes […]

Chicago Medical marijuana advocates ask Gov. Rauner to expand the program

“Under the state’s medical marijuana law, patients with one of about 40 specified medical conditions may get a doctor’s recommendation to buy marijuana from state-approved dispensaries. Approved conditions include cancer, AIDS, rheumatoid arthritis and complex regional pain syndrome. In September, the Illinois Department of Public Health rejected without explanation 11 new medical conditions recommended by […]

Mexico issues first permits for marijuana under court ruling – Yahoo News

MEXICO CITY (AP) — The Mexico government on Friday issues the first permits allowing the cultivation and possession of marijuana for personal use. The federal medical protection agency said the permits apply only to the four plaintiffs who won a favorable ruling from the Supreme Court last month. The court said growing and consuming marijuana […]

Alaska to Become the First State With Legal Cannabis Cafés – Leafly

Before long, consumption in Alaska could look a lot more like the coffeeshops of Amsterdam. Alaska is said to Become the First State With Legal Cannabis Cafés. Businesses allowing onsite consumption could become part of the state’s cannabis culture as soon as this summer. One important distinction is that the proposal as it currently stands […]

Massachusetts Medical Marijuana Market Quickly Gaining Steam – GeoShepard

Massachusetts medical marijuana purchases and the quantity of cannabis sold are surging now.   Talk about pent-up demand. With more dispensaries opening, the inventory concern has subsided, and MMJ is easier to obtain for patients across the state. Though businesses still face many challenges with lab testing – not to mention the 12 other dispensaries that have been granted provisional […]