Finance: Sales, Funding & Banking News:

January 26, 2015

Chart of the Week: Comparison of 2014 Investment Activity in Marijuana vs. Other Industries

By Jennifer Mann Last year was a significant one for cannabis investments. U.S.-based private equity firms, venture capitalists and major angel investors pumped $95 million into marijuana businesses in 2014 [click to continue...]

January 23, 2015

3rd Annual Marijuana Business & Investor Survey Underway

Marijuana Business Media has launched its annual survey of cannabis professionals to gather key financial, operational, business and market data about the booming MJ industry in the United States. Cannabis [click to continue...]

January 22, 2015

Growing Number of Banks & Credit Unions Catering to Cannabis Industry, But Challenges Remain

By John Schroyer The lack of access to traditional banking services is a constant concern in the cannabis world, but the narrative is finally starting to change. An increasing number [click to continue...]

January 21, 2015

MBank Begins Serving Colorado Marijuana Companies

MBank, an Oregon-based financial institution, has started taking deposits from marijuana companies in Colorado. The bank, which already works with cannabis businesses in Washington and dispensaries in Oregon, said it [click to continue...]

January 21, 2015

Tribal Marijuana Businesses May Hurt Existing Cannabis Companies, Help Others

By Tony C. Dreibus The possibility that Native American tribes will grow and sell marijuana has some entrepreneurs concerned and others cheering. The Department of Justice said in a December [click to continue...]

January 20, 2015

Arizona MMJ Sales Triple to Hit $112M

Medical marijuana is booming in Arizona. Dispensaries in the state recorded $112 million in medical cannabis sales last year, nearly triple the total in 2013, according to the Arizona Department [click to continue...]

January 20, 2015

Fears of Business Bloodletting, Closures as Marijuana Prices Plummet in Washington State

By John Schroyer Washington State's recreational marijuana market is becoming an exemplar of capitalism at its simultaneous best and worst. After battling a severe shortage of cannabis when retail sales [click to continue...]

January 16, 2015

Credit Union’s Cannabis Decision Paying Off

Business is brisk for a Washington State credit union that recently opened its doors to the cannabis industry. O Bee Credit Union – started in 1955 for employees and businesses [click to continue...]

January 15, 2015

After 2014 Boom, Marijuana Investments Poised for Another Big Year

By John Schroyer The rise of recreational cannabis, the federal government's easing policies on the industry and growing public support helped fuel record investments in the marijuana sector last year. [click to continue...]

January 13, 2015

Report: Cannabis Industry Investments Rocket 942%

Talk about a growth spurt. In the 2013 and 2014 fiscal years, investments in the North American cannabis industry hit $104.5 million, according to Inc.com, which based its report on [click to continue...]

January 13, 2015

Acquisitions, Consolidation and Building a $10M Business: Q&A With Rec Shop Owner Bruce Nassau

By John Schroyer Bruce Nassau doesn't think of himself as a typical marijuana business owner. But the former cable television industry insider is doing something right. Nassau partnered with his [click to continue...]

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1,600+ Applicants for 10 Rec Licenses in Colorado County

How popular is the marijuana business in Colorado? Here’s one indication: A single county that [click to continue...]

Report: Cannabis Sales Rise 74% in 2014

Medical and recreational marijuana sales jumped 74% last year to hit $2.7 billion compared with [click to continue...]

Social Media, App Sites Take Hard Line Against Cannabis Businesses

moratoriumban

Fearing legal repercussions if their users break the law, Instagram and Apple’s App Store are [click to continue...]

MMJ Bill Introduced in Nebraska, Despite Interstate Cannabis Lawsuit

How’s this for irony: A lawmaker has introduced a bill to legalize medical cannabis in [click to continue...]

3rd Annual Marijuana Business & Investor Survey Underway

Marijuana Business Media has launched its annual survey of cannabis professionals to gather key financial, [click to continue...]

WA Lawmakers Weigh Rec Tax Change

cannabis taxes

Washington State recreational marijuana shops have been struggling underneath a heavy tax burden, but state [click to continue...]

Union: New Jersey Dispensary Engaging in Unfair Labor Practices

A New Jersey union has filed a grievance alleging unfair labor practices against a dispensary [click to continue...]

Medical Marijuana Inc. Acquiring Startup Valued at Up to $243M

Medical Marijuana Inc. announced Thursday that it has signed an agreement to acquire Kannaway, a [click to continue...]

MMJ On the Way in Jamaica?

jamaica marijuana

First, the estate of legendary Jamaican musician Bob Marley moved into the cannabis industry. Now, [click to continue...]

MBank Begins Serving Colorado Marijuana Companies

MBank, an Oregon-based financial institution, has started taking deposits from marijuana companies in Colorado. The [click to continue...]

San Diego Approves Fees for MMJ Dispensaries

As part of its ongoing quest to license and regulate medical marijuana businesses, the San [click to continue...]

Arizona MMJ Sales Triple to Hit $112M

arizona medical cannabis

Medical marijuana is booming in Arizona. Dispensaries in the state recorded $112 million in medical [click to continue...]

Commercial Interests Dominate Florida’s MMJ Committee

The Florida committee tasked with creating regulations governing the state’s CBD industry is heavy with [click to continue...]

Alaska, Oregon Rec Legalization Leading to Real Estate Boom

As Alaska and Oregon get closer to establishing their respective recreational marijuana industries, business-minded enthusiasts [click to continue...]