Finance: Sales, Funding & Banking News:

November 19, 2014

Chart of the Week: Monthly Washington State Recreational Marijuana Sales, Tax Data

By Jennifer Mann Recreational cannabis sales started off slow in Washington State but have been posting solid gains in recent months as more stores and growers come online. Since sales [click to continue...]

November 17, 2014

Marijuana Business Conference Wrap-Up: Banking, Federal Legalization, Marketing, Investing & More

By Marijuana Business Daily staff If you want to open a bank account, seek out smaller financial institutions. If you're looking to boost customer loyalty, engage in socially responsible business [click to continue...]

November 13, 2014

CO Marijuana Sales Take a Dip

Marijuana apparently isn’t invulnerable to market fluctuation. In Colorado, where cannabis sales have steadily risen since recreational shops began serving customers on New Year’s Day, that trend apparently came to [click to continue...]

November 12, 2014

Marijuana Company Announces $3.75M in Funding

In yet another signal that high-end investors are getting more comfortable with throwing serious money at the cannabis industry, marijuana management firm MedMen has announced that it secured $3.75 million [click to continue...]

November 7, 2014

Problems With Popular MJ Software Cost Companies Thousands

By John Schroyer Update, 11/10: MJ Freeway Marketing Manager Heather Smyth said in an email that as of Sunday morning, the system is functioning normally and clients are “seeing normal [click to continue...]

November 7, 2014

Week in Review: Nevada Licenses, Florida Finger-Pointing and a Unique Funding Deal

By Marijuana Business Daily staff Hundreds of businesses win medical marijuana licenses in Nevada, the cannabis industry suffers a painful defeat in Florida, and an ancillary company lands $1.5 million [click to continue...]

November 6, 2014

$1.5M in Venture Capital for Marijuana Delivery Company

Eaze Solutions LLC, which provides a high-tech marijuana delivery service, has reportedly raised $1.5 million to expand outside of San Francisco to other California cities. The company secured some of [click to continue...]

October 29, 2014

Super-Potent Strain a Top Seller in WA

High-potency strains are a big hit with customers in Washington State’s new recreational market, it seems. The Spokane-based rec shop Cinder reports that its top seller in recent days is [click to continue...]

October 28, 2014

‘Very Large’ Raid Operation Targets Denver Cultivation Sites

Police officers and federal agents raided multiple marijuana growing operations in Denver on Tuesday, saying the move is tied to “an ongoing investigation involving illegal drug activity.” The Denver Police [click to continue...]

October 27, 2014

Head Shops Thriving in Many Marijuana Markets, Despite Competition From Cannabis Retailers

By John Schroyer Head shops once served as the primary - and in many cases only - distributors of pipes, rolling papers and other types of cannabis paraphernalia. But the [click to continue...]

October 22, 2014

100s of Marijuana Stores, Dispensaries Cut Off From Cashless ATM Accounts

By John Schroyer and Chris Walsh Hundreds of medical marijuana dispensaries and recreational shops across the country abruptly lost their cashless ATM accounts on Wednesday with no explanation, according to [click to continue...]

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Multi-state MMJ Operators Embroiled in Lawsuits, Legal Disputes

Entrepreneurs seeking cannabis licenses in multiple states have a new concern: legal issues from one [click to continue...]

CO Credit Union for MJ Businesses Could Open by New Year’s Day

Colorado marijuana businesses in need of a bank account, take heart. Banking services may soon [click to continue...]

Bill Would Allow VA Docs To Recommend MMJ

VA Logo

A bill introduced in Congress by representatives from California and Oregon with 10 bipartisan cosponsors [click to continue...]

1000-Foot Buffer Rule Could Lead to Federal Action in MA

Legal marijuana dispensaries face potential prosecution if a U.S. attorney enforces federal guidelines banning marijuana [click to continue...]

Two More San Diego MMJ Dispensaries Ordered to Close

SanDiegoskyline

The crusade against illegal medical marijuana dispensaries in southern California has been going on for [click to continue...]

Congressional GOP Not Likely to Block DC Marijuana Legalization

In what must come as a relief for cannabis enthusiasts in the nation’s capital, The [click to continue...]

Two Rec Legalization Measures Possible on Maine Ballot for 2016

Photo for medical marijuana election

Legalize Maine, an advocacy organization for legalized recreational cannabis in the northeastern state, announced a [click to continue...]

Oregon Lawmakers Begin Looking at Rec MJ Regulations

Oregon lawmakers have started asking questions about how to frame regulations pertaining to recreational marijuana [click to continue...]

Seattle Still Trying to Curb MMJ Businesses

The Emerald City has been trying for months to slow down the quickly-expanding medical marijuana [click to continue...]

Anchorage Official Moves to Ban Rec Sales in City

Alaska

Though Alaska voters spoke earlier this month on recreational marijuana, the state’s largest city might [click to continue...]

California Attorney General Says Cannabis Legalization `Inevitable’

California Attorney General Kamala Harris said cannabis legalization in the state is “inevitable” as advocates [click to continue...]

Montana Dispensary Owners Seek Stronger Regulations

Some Montana marijuana dispensaries are asking for more-stringent regulations to avoid a repeat of 2011 [click to continue...]

Final Rhode Island Dispensary Opens Wednesday

The smallest state in the nation will get its third and final medical marijuana dispensary [click to continue...]

OR Cities to Push Legislature on Local MJ Taxes

League of Oregon Cities

One of the ways backers of recreational cannabis sales in Oregon planned to fight the [click to continue...]