Finance: Sales, Funding & Banking News:

December 17, 2014

Anchorage Shoots Down Proposed Ban on Rec Sales

Alaska’s budding marijuana industry scored a significant victory Tuesday night when lawmakers killed a proposal that would’ve banned recreational cannabis sales in Anchorage, the state’s most promising MJ market. Barring [click to continue...]

December 12, 2014

Week in Review: Federal MJ Moves + Memo to Tobacco Industry on Cannabis & Rec Sales Data

By John Schroyer and Tony C. Dreibus Congress addresses some major marijuana issues, a Wall Street firm offers advice to Big Tobacco about cannabis, and the nation's first two recreational [click to continue...]

December 10, 2014

Retail Cannabis Sales Jump 24% in WA; Colorado Steady

Recreational cannabis sales jumped in Washington last month, while retail marijuana revenues in Colorado remained steady in October, according to the latest data from each state. November retail marijuana sales [click to continue...]

December 9, 2014

Guest Column: Dreaming of Cashing Out to Big Alcohol or Big Pharma? Time to Wake Up

By John Conlin During my brief time in the marijuana industry I've heard a lot of folks talk about their exit plans. It seems many operate with a “one foot [click to continue...]

December 8, 2014

Report: Feds Gathering Evidence Against Cannabis Companies

Although the federal government has thus far largely taken a hands-off approach to states that legalize marijuana in one form or another, a report Monday from Rocky Mountain PBS I-News and USA [click to continue...]

December 8, 2014

Taxes Hammering WA Marijuana Stores

Taxes on recreational marijuana businesses in Washington State are so extreme that some shops are struggling to stay open despite burgeoning sales. Cannabis City, the first retail marijuana store to [click to continue...]

December 5, 2014

Minnesota MMJ Company Raises $12.4 Million

A company that secured one of two licenses to grow and sell medical marijuana in Minnesota has raised nearly $12.4 million in equity financing, a relatively large sum for a [click to continue...]

December 3, 2014

Lessons From ‘Green Friday’: Tips for Successful Holiday Sales & Promotions

By Tony C. Dreibus Scouting out deals during the winter holidays has long been a tradition for Americans seeking bargains on everything from cars to computers to consumer electronics. Now [click to continue...]

December 3, 2014

1st MMJ Company in Australia to Go Public

Australia is about the get its first publicly traded cannabis company. Phytotech, a medical marijuana business based in the city of Perth in Western Australia, is moving forward with an [click to continue...]

November 25, 2014

Ohio Firm Lands Big Bank Loan After Battling Cannabis Stigma

Even companies that don’t touch cannabis – but have clients that do – can have a hard time getting financial backing. Witness Apeks, an Ohio-based company that makes extraction equipment [click to continue...]

November 21, 2014

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 be available via a unique credit union.  According to The Denver Post, Fourth Corner Credit [click to continue...]

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Colorado Earmarks $8 Million for MMJ Research

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The Colorado Department of Health and Environment will devote serious money to studying the efficacy [click to continue...]

PayPal Co-Founder to Invest in Cannabis

PayPal co-founder and early Facebook investor Peter Thiel plans to pump money into the marijuana [click to continue...]

Anchorage Shoots Down Proposed Ban on Rec Sales

Alaska’s budding marijuana industry scored a significant victory Tuesday night when lawmakers killed a proposal [click to continue...]

MMJ Lounges Popping Up in Maine

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A new trend in Maine offers yet another possible offshoot business opportunity in the cannabis [click to continue...]

Hope for DC Rec Market Still Alive

It looks like hope may still be alive for a recreational marijuana market in Washington [click to continue...]

Cannabis Business Accelerator to Help 20 Startups

Startup companies focusing on the ancillary cannabis market will get a helping hand – and [click to continue...]

Ruling on Home Grows a Setback for Canadian Cultivation Companies

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A Canadian federal appeals court unanimously upheld an injunction that lets patients continue growing medical [click to continue...]

Questions Over Marijuana Sales on Native American Lands

Following news that the federal government will essentially allow Native American tribes to grow and [click to continue...]

Tommy Chong Wants to Create Cannabis Business Brand

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Tommy Chong served as a poster child for the marijuana movement back in the 1970s, [click to continue...]

PharmaCan IPO Indication of Interest in Canadian MMJ

Canadian medical marijuana holding and investing company PharmaCan Capital is scheduled to go public next [click to continue...]

Delaware Dispensary Set for April Opening

Delaware’s first – and only – dispensary is on track to open in the spring [click to continue...]

Former Hillary Clinton Staffer Seeking Illinois MMJ License

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Watching who’s getting into the marijuana industry is like playing six degrees of separation – [click to continue...]

Florida CBD Regs May Come Out Monday

Rules governing the cultivation and sale of cannabis-based CBD medications in Florida could be out [click to continue...]

Stricter Ad Restrictions for Canadian MMJ Producers on Tap

Canadian medical marijuana suppliers won’t be able to tell their customers what different strains smell [click to continue...]