California considering creating a state-run bank for cannabis businesses

Published: Aug 16, 2017, 8:39 am • Updated: Aug 16, 2017, 8:39 am By Brooke Edwards Staggs, The Cannifornian California government, financial and marijuana business leaders met last week in a far-from-resolved debate over whether a state-run bank could be the solution to the cannabis industry’s banking problem. Supporters argued…

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10 surprising spaces in California being converted into cannabis businesses

Published: Aug 15, 2017, 3:40 pm • Updated: Aug 15, 2017, 3:41 pm By Brooke Edwards Staggs, The Cannifornian As California’s legal marijuana industry booms, property owners and entrepreneurs are seizing the chance to transform spaces across the state into cannabis grow sites, processing facilities and dispensaries. Marijuana grow sites…

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Alaska cops and prison guards banned from owning or operating cannabis businesses

Published: May 19, 2017, 2:17 pm • Updated: May 19, 2017, 2:17 pm By The Associated Press ANCHORAGE, Alaska — The Alaska Police Standards Council has decided officers and prison guards in the state should not be getting involved in the marijuana industry. The council voted earlier this month to…

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What Nevada medical marijuana businesses have to do to be legal to start recreational sales

Published: May 19, 2017, 10:26 am • Updated: May 19, 2017, 10:26 am By John Schroyer, Marijuana Business Daily DENVER — Now that Nevada has approved an early start to recreational cannabis sales, existing medical marijuana companies in the state are readying for a burst of new business that could…

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New federal bill would allow banking for marijuana businesses

Published: Apr 27, 2017, 12:20 pm • Updated: Apr 27, 2017, 12:25 pm By Alicia Wallace, The Cannabist Staff Marijuana businesses can’t openly bank and congressman Ed Perlmutter, D-Colo., is hoping to change that. Perlmutter on Thursday introduced the Secure and Fair Enforcement Banking Act (SAFE Banking Act), legislation that…

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Canadian marijuana businesses consolidating as they hedge bets on provincial regulations under legalization

Published: Apr 11, 2017, 11:27 am • Updated: Apr 11, 2017, 11:30 am By Josh Wingrove and Jen Skerritt, Bloomberg News Canada is set to detail its plans for legalized recreational marijuana, with the industry expecting a rush of mergers as companies seek a national footprint amid a patchwork of…

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About 900 would-be Pennsylvania marijuana businesses apply for 39 permits

Published: Mar 22, 2017, 11:09 am • Updated: Mar 22, 2017, 11:09 am By The Associated Press PHILADELPHIA — Several investors have received zoning permits for potential medical marijuana dispensaries or growing operations in Philadelphia. Philly.com reports that Philadelphia’s Department of Licenses and Inspections confirmed at least seven proposed locations…

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ICYMI: Session’s New Controversial Statements on Pot and What they Mean for Cannabis Businesses

The latest remarks on marijuana by President Trump’s Attorney General, Jeff Sessions, continue to upset the cannabis community and business investors – but it’s what he didn’t say, that has peaked the interest of journalists covering the cannabis beat. In his prepared remarks, Sessions was slated to repeat a line…

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