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...
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...
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...
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...
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...
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....
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...
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....
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...
