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By | June 10, 2014

CO Recreational Cannabis Shops make $22M in Sales During April

Retail marijuana shops sold $22 million worth of cannabis and related products during April, an increase of about 13% from March and more than 50% from January, according to the latest tax figures released by the state. The sales...

By | May 29, 2014

Minnesota 22nd State to Legalize Medical Marijuana

Minnesota will become the 22nd U.S. State to legalize medical marijuana, albeit with an interesting caveat. Smoking will not be an allowable method of medicating. Gov. Mark Dayton signed legislation that sets up a medical marijuana program with tight...

By | May 28, 2014

Nevada Group Petitioning for Retail Cannabis Bill

A Nevada cannabis advocate group has launched a petition that would put a vote for legalized cannabis on the Nevada State ballot in 2016. The move comes after the success of the Colorado model and is led by state...

By | May 19, 2014

Local Bans Hurting Upstart Cannabis Businesses

Retail cannabis is still a new idea to many people. While two states have voted to legalize retail sales and public opinion of the plant has gone up in the last couple of decades, there are still many people...

By | May 13, 2014

Seattle Credit Union Moves toward Serving Marijuana Growers

The Seattle-based nonprofit once known as Group Health Credit Union changed its name in 2010 to evoke a green, leafy, hardy plant seen as having medicinal properties. A first for Western Washington that could ease fears that truckloads of...

By | May 13, 2014

Colorado Approves World’s First Marijuana Banking System

Colorado lawmakers approved the world’s first financial system for the marijuana industry, a network of uninsured cooperatives designed to give pot businesses a way to access basic banking services. The U.S. Treasury Department said in February that banks could serve...

By | May 6, 2014

Washington Retail Lottery Winners Announced

Almost a year after Washington State voters passed I-502, the Washington State Liqueur Control Board has finally announced the lottery winners of the coveted retail marijuana licenses. With only 21 retail licenses allocated for all of Seattle and over...

By | April 29, 2014

Washington Moves to Ban Online and Delivery Sales of Marijuana

Proposed rule changes presented to the board Wednesday that are likely to be approved at a future meeting say retailers can’t sell over the Internet and can’t deliver to customers. Buyers will have to come to the store in...

By | April 23, 2014

Washington’s Retail Marijuana License Lottery Starts May 2

Over a year and a half after Washington State citizens voted to legalize the retail sales of marijuana, the Washington State Liqueur Control Board will be ready to randomly draw the names of Washington States first marijuana retailers. Starting...