Finance: Sales, Funding & Banking News:

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...]

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...]

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Young Voters Could Make or Break Legalization Measures

Photo for medical marijuana election

The success of several marijuana measures on the ballot next week could ultimately hinge on [click to continue...]

Estimate: Legal Rec Sales in DC Could Create $130M Market

The cannabis market in Washington DC could top $130 million annually if the city legalizes [click to continue...]

67 Warnings, Penalties for MJ Violations in Washington

When it comes to recreational marijuana, enforcement of the law is no laughing matter for [click to continue...]

Oregon Rec Legalization a Coin Flip

marijuana election

Recreational marijuana could be a nail-biter in Oregon on Election Day. A poll released this [click to continue...]

Chile Plants First Medical Cannabis Crop

The first legal medical marijuana plants were seeded in Chile on Wednesday as part of [click to continue...]

Maryland Delays Vote on MMJ Regs, Plans to Lower Fees

A Maryland commission postponed a final vote on medical marijuana regulations, saying the 15-member panel [click to continue...]

Super-Potent Strain a Top Seller in WA

Medical marijuana regulations, cannabis laws and general MMJ news

High-potency strains are a big hit with customers in Washington State’s new recreational market, it [click to continue...]

CO Company Sues Shareholder Over Trading Halt

A publicly traded cannabis company has filed suit against a major shareholder, alleging he caused [click to continue...]

Expert: Liability Lawsuits Next Challenge for Edibles Companies

A Seattle attorney warned hundreds of industry insiders at a business conference on Tuesday that [click to continue...]

‘Very Large’ Raid Operation Targets Denver Cultivation Sites

Denverpolice

Police officers and federal agents raided multiple marijuana growing operations in Denver on Tuesday, saying [click to continue...]

Former FBI Official Joins Cannabis Company’s Board

Medbox Inc., a publicly traded software and consulting firm that makes marijuana dispensing machines, has [click to continue...]

NM Marijuana Grower Loses Bid to Reopen Licensing Process

Mark Springer really wants to grow medical marijuana in New Mexico. So much so that [click to continue...]

Florida MMJ Campaign Tells TV Stations to Pull Ad

UnitedforCare

The group behind Florida’s medical marijuana ballot measure has sent a cease-and-desist letter to local [click to continue...]

Group With Ties to Koch Brothers Promotes Marijuana Candidate

A candidate in the North Carolina U.S. Senate race is getting some help from an [click to continue...]