Finance: Sales, Funding & Banking News:

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...]

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...]

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Chicago MMJ Clinic Plans Float for Thanksgiving Parade

You read that headline correctly. The new Illinois medical marijuana clinic Good Intentions will have [click to continue...]

Some Florida Cannabis Startups Undeterred By Election Loss

Though medical marijuana failed at the Florida ballot box earlier this month, plenty of cannabis [click to continue...]

Senator Urges Hearings on DC Rec Cannabis

RonJohnson

A key federal lawmaker has suggested that Congress should hold hearings on Washington DC’s new [click to continue...]

WA School District Rejects Marijuana Grower’s $14K Donation

Education officials in Prosser, Washington, have turned down a $14,000 donation from a local marijuana [click to continue...]

Ohio Firm Lands Big Bank Loan After Battling Cannabis Stigma

Even companies that don’t touch cannabis – but have clients that do – can have [click to continue...]

New Hampshire Dispensary Hopeful Pitches Plan

NewHampshire

New Hampshire’s first medical marijuana dispensary could open within a year in the tiny hamlet [click to continue...]

Seattle MMJ Regulations, Standards Proposed

Seattle Mayor Ed Murray outlined a plan Monday afternoon to license medical marijuana businesses and [click to continue...]

Report: CO Targeting Cannabis Businesses Violating MJ Rules

The Colorado Marijuana Enforcement Division has been cracking down on cannabis businesses violating state regulations, [click to continue...]

IRS Council: Protect Tax Pros Working With MJ Industry

IRS

A key advisory group to the Internal Revenue Service has recommended that the agency refrain [click to continue...]

More Chicago MMJ Businesses Get Local Approval

The Windy City is well on its way toward exhaling legal cannabis smoke. On Friday, [click to continue...]

Cannabis Retailers Hope to Cash in on Black Friday

Recreational marijuana businesses in Colorado will have sales just like any other retailer on Black [click to continue...]

San Diego Dispensary Applicants Trip Each Other Up

SanDiegoskyline

Entrepreneurs hoping to open dispensaries in San Diego are competing aggressively with each other before [click to continue...]

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...]