Business Finance: Sales, Funding & Financial Services News:

October 17, 2014

Week in Review: Cutting the Cord on Dispensaries + Challenges for Bank Plan & Expertise From Israel

By Marijuana Business Media staff A California city comes up with a novel way to shut down illegal dispensaries, a company explores how to open a cannabis-specific bank and a [click to continue...]

October 15, 2014

Worst-Case Scenario: How to Prepare for – and Weather – Financial Hardships

By John Schroyer Contrary to popular belief, not every business is thriving in the Green Rush. Some cannabis companies are teetering on the edge of insolvency - whether it's from [click to continue...]

October 15, 2014

Nearly $14K in Daily Revenues for Seattle Rec Shop

The Emerald City’s second recreational marijuana shop is rolling in the green. Uncle Ike’s, which opened on Sept. 30, averaged $13,736 in sales per day in its first week of [click to continue...]

October 13, 2014

Colorado Marijuana Sales Balloon 11% in August

Marijuana sales in Colorado are hitting new highs. Both recreational and medical cannabis revenues jumped 11% in August, according to the latest numbers released by the state. Cannabis consumers spent [click to continue...]

October 13, 2014

Insights Into the Cannabusiness Banking Situation: Q&A With Attorney Ned Frisius

By John Schroyer If you run a marijuana-related company, chances are you've experienced some difficulties opening - and keeping - a bank account. Finding a financial institution willing to work [click to continue...]

October 13, 2014

Investing in Canadian MMJ Companies Could Carry Legal Risks

American investors who funnel money into Canadian medical marijuana companies could run into legal issues with the United States government. In a recent report by Reuters, several experts warned that [click to continue...]

October 9, 2014

Official: ‘Careful’ IL Banks Can Work With Cannabis Companies

Illinois financial institutions interested in working with the state’s upcoming medical marijuana industry have received a tentative green light from a federal official. Zach Fardon, the U.S. Attorney for the [click to continue...]

October 8, 2014

5 Tips From the Trenches for Pitching Your Cannabis Business to Investors

By John Schroyer Investment money is finally flowing into the cannabis industry as the business risks subside and marijuana goes mainstream. Scores of deep-pocketed investors are actively seeking opportunities to [click to continue...]

October 2, 2014

Edibles Company Seeks $5M in Private Stock Offering for Expansion

Infused products manufacturer G FarmaLabs is looking to raise $5 million though a private stock offering to expand its presence in California and pave the way for national growth. The [click to continue...]

October 1, 2014

Half of New Mexico MMJ Dispensaries to Lose Bank Accounts

Medical marijuana dispensaries in New Mexico that have gotten used to the convenience of having a bank account may be in for a rude awakening. Several credit unions in New [click to continue...]

September 29, 2014

Montana City’s MMJ Industry Thriving

Montana’s once-burgeoning medical marijuana sector unraveled quickly several years ago due to legal issues, but dispensaries are thriving in one city that has taken a hands-off approach to the industry. [click to continue...]

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Russian Cannabis Firm Buys Ebola.com for $200K

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This may be the strangest marijuana-related story you read all week. A Russian cannabis company [click to continue...]

WA Sheriff: Rec Marijuana is Working

A Washington State sheriff has a message about marijuana for Oregon voters. “The sky hasn’t [click to continue...]

Uruguay Presidential Candidate Would Scale Back Legal Marijuana

The first country in the world to fully legalize the sale and possession of recreational [click to continue...]

Seattle Warns 330 MMJ Businesses to Get Licenses

Graphic of federal warning to dispensary

Obtain a state permit or shut down. That’s the gist of a letter Seattle’s Department [click to continue...]

Nevada Will Weigh Rec Marijuana

Nevada lawmakers will tackle the recreational marijuana issue early next year, whether they’re ready to [click to continue...]

CO Awards $250K Grant to THC Breathalyzer Developer

A Colorado company attempting to develop THC breathalyzers is getting some help from the state [click to continue...]

Missouri to Start Taking Hemp Cultivation Applications

Hemp

Cannabis growers of a different stripe can begin submitting applications to the Missouri government next [click to continue...]

Backlash Sinks Proposed Edibles Ban in Colorado

Colorado edibles manufacturers can let out a sigh of relief. A proposal on Monday to [click to continue...]

3 Chicago Dispensary Hopefuls Get Local Green Light

Several businesses have taken a big step forward in their quest to open medical marijuana [click to continue...]

San Francisco Delays Decision on New Dispensary

SanFrancisco

San Francisco, which was at the forefront of the medical marijuana movement a decade ago, [click to continue...]

Oregon Judge: Towns Can Ban Dispensaries

An Oregon judge has decided that towns and counties have the right to ban or [click to continue...]

Medical Marijuana Inc. Files $100M Lawsuit Over ‘False’ Claims

Medical Marijuana Inc. has filed a lawsuit in California against several businesses – including a [click to continue...]

WA Puts Sales Data for Rec Businesses Online

WashingtonCannabis

Want to track sales of individual marijuana stores, cultivators and processors in Washington State? Easy [click to continue...]

Cole to California: Regulate the MMJ Industry

The author of the 2013 Cole Memo has a clear message for California: “If you [click to continue...]