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By | January 29, 2014

Feds Setting Up Rules for Cannabis Banking

Perhaps one of the biggest challenges for medical marijuana dispensaries are the banks refusals to allow dispensaries to open business banking accounts. A simple item of business, but the banks refusals has forced the industry to be a cash...

By | January 24, 2014

Marijuana Tourism Expected to Boom in Washington and Colorado

Where will people go to try marijuana? As the markets begin to develop in Washington and Colorado’s cannabis industry, the tourism outlook for recreational marijuana is expected to be a major economic contribution. “The market is huge: from $1.4...

By | January 24, 2014

NFL to Consider Allowing Medical Marijuana

The perceptions that have surrounded marijuana for the last few decades are starting to erode and even the NFL is looking into the medicinal properties of marijuana. Commissioner Roger Goodell said Thursday the NFL would consider allowing athletes to...

By | January 22, 2014

Five States Expected to Legalize Marijuana in 2013

With Colorado already selling retail cannabis and Washington right behind, it is only a matter of time before other states follow suite. But what states will be taking the next step? A two part article by Marijuana Business Daily...

By | January 17, 2014

Washington State Attorney General Bob Ferguson Says Local Governments Have Power to Regulate or Ban Marijuana Businesses

The opinion concludes that I-502’s drafters could have structured the initiative to explicitly require local governments allow marijuana businesses, but did not, and that the state legislature is free add this requirement to state law if it chooses. In...

By | January 3, 2014

Demand for Cannabis is High as Retail Marijuana goes Online in Colorado

If three-hour lines and snow don’t discourage patrons from seeking this year’s most notable product, there isn’t much that will. And no, these lines aren’t for Black Friday sales, they are for the first legal sales of retail cannabis....

By | December 27, 2013

How Much Do We Really Know About Marijuana?

During marijuana prohibition, it has been largely believed that the scientific community actually knows very little about the plant and the effects of its various compounds. That is changing more rapidly than you probably know. According to a recent...

By | December 24, 2013

First Retail Cannabis Stores in U.S. History Receive Licenses Today

For the first time in the history of the United Sates of America, retail marijuana licenses have been issued. Colorado issued 136 retail, 178 processing, and 31 production licenses. 270 of these licenses were issued to businesses in Denver....

By | December 24, 2013

Banks Get “Yellow Light” to Start Accepting Cannabis Accounts

The cannabis industry has long been hindered by the inability to establish a legal bank account. This has driven the industry to be largely cash only, forcing medical dispensaries to figure out how to deal with large amounts of...

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