News on Cannabis Industry Vendors, Suppliers & Ancillary Firms:

May 28, 2014

Governors Ask for Additional Banking Guidance

The governors of Colorado and Washington state are stepping into the marijuana banking battle. Colorado Gov. John Hickenlooper and Washington Gov. Jay Inslee asked four banking regulatory agencies to provide [click to continue...]

May 23, 2014

Dixie Settles Lawsuit Over THC Mints

Dixie Elixirs and Edibles has settled a lawsuit filed by a Colorado-based company that makes cannabis-infused mints. Dixie announced that it has reached an "amicable separation agreement" with Bridge Marketing, [click to continue...]

May 22, 2014

Colorado to Spend $9 Million on Cannabis Research

Colorado is preparing to spend $9 million on medical marijuana research, and the studies could utilize products that are currently being sold in the state's marijuana market. Under Senate Bill [click to continue...]

May 21, 2014

4 Board Members Join NCIA

Four new directors will join the board of the National Cannabis Industry Association, a member-based organization that lobbies on behalf of marijuana businesses. Aaron Justis of Buds & Roses Collective, [click to continue...]

May 20, 2014

‘Prominent Customers’ Persuade Nevada Bank to Take MMJ Accounts

A bank in Nevada has revealed that it intends to work with medical marijuana companies, saying several of its "prominent customers" are applying for licenses to operate dispensaries and cultivation [click to continue...]

May 19, 2014

Inside the Fast-Growing Vaporizer Market: Q&A With Vipvape Founder Raphael Pepi

By Fred Dreier In 2011, Raphael Pepi saw rapid expansion within the electronic cigarette market and believed there was an opportunity to sell similar products to medical marijuana patients. A [click to continue...]

May 16, 2014

SEC Warns Investors About Marijuana Stocks After Suspensions

The U.S. Securities and Exchange Commission is warning investors about potential fraud committed by public companies that claim to operate in the marijuana industry. The investor alert, which was issued [click to continue...]

May 16, 2014

Week in Review: $20M in Recreational Marijuana Sales + Award Enhances Industry’s Credibility

By Chris Walsh Colorado releases recreational and medical marijuana data for March, a notable ancillary cannabis firm wins big and a Canadian company makes grand claims. Here's a closer look [click to continue...]

May 16, 2014

Weedmaps Revenue to Top $30 Million, Co-Founder Says

Weedmaps co-founder Justin Hartfield foresees big growth for the company in 2014. The 30-year-old estimates that revenue for the dispensary-listing website will increase 20% over 2013 to crack the $30 [click to continue...]

May 14, 2014

WA Cannabis Investors, Companies Hurt by Local Bans

Local bans on cannabis businesses across Washington state are hitting some investors and entrepreneurs squarely in the pocketbook. Nearly 50 municipalities in Washington have enacted outright bans or zoning ordinances [click to continue...]

May 14, 2014

Nevada MMJ Hopefuls Eye Private Vault Companies

Medical marijuana entrepreneurs in Nevada are considering the possibility of working with private vault companies to store their cash. Vegas Vaults, a safety deposit box storage facility in Clark County, [click to continue...]

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Chicago Suburbs Debate MMJ Regs

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As the impending September timeframe looms for medical marijuana businesses to apply for operating permits [click to continue...]

Marijuana Vending Machine Comes to Denver

A medical marijuana vending machine generating plenty of buzz in the media has made its [click to continue...]

Colorado City Awards 21 Rec Shop Licenses

The third-largest city in Colorado awarded 21 licenses for cannabis shops on Thursday, paving the [click to continue...]

$25M Infusion for Kiosk Company

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More good news on the financial front for cannabis businesses: A company that sells self-service [click to continue...]

DEA Cements Plan to Boost Cannabis Production

For four years, the Drug Enforcement Administration has allowed the federal government to grow a [click to continue...]

Another Lawsuit Over Dispensary Licensing in Massachusetts

The Massachusetts dispensary licensing process has evoked the ire of several applicants who feel that [click to continue...]

Advocate: Paraphernalia Sales Legal Under Florida MMJ Bill

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Florida's medical marijuana ballot measure will create an overlooked business opportunity: paraphernalia sales. Currently, it’s [click to continue...]

WA Retail Stores Fight Price Gouging

Washington State recreational marijuana shops have had it with the sky-high prices licensed growers are [click to continue...]

Investors Welcome 2 New Canadian MMJ Stocks

Two Canadian cannabis cultivation companies saw their share prices soar on the first day of [click to continue...]

Colorado Rec Tax Structure Safe for Now

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Taxing recreational marijuana sales is a tricky business, as a Denver judge pointed out in [click to continue...]

Medical Marijuana Industry Burgeoning in WA Town

The town of Port Angeles, Washington, has experienced a marijuana boom in 2014. But the [click to continue...]

Oregon City’s Recall Election Tied to Dispensary

Just because Oregon is poised to legalize recreational marijuana in November doesn’t mean everyone in [click to continue...]

Applicant for Massachusetts MMJ Licenses ‘Befuddled’ by Ruling

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A Denver medical cannabis company says it's “befuddled” by obstacles it has encountered while trying [click to continue...]

Lawsuits Could ‘Destroy’ Rec Cannabis in Washington State

Federal versus local control over marijuana. That’s the question at the heart of two lawsuits [click to continue...]