Illinois’ medical marijuana industry is about to lose its main bank

SPRINGFIELD, Ill. (AP) — Illinois medical marijuana companies may have to deal in cash because the main bank serving them is withdrawing from the industry. The Bank of Springfield informed cannabis clients last month it would close their accounts May 21, the Chicago Tribune reported. The decision to withdraw is…

Continue reading

Cops seized $22 million in marijuana cash from a Miami hydroponics shop owner. He won’t lose it all

Published: Feb 9, 2018, 1:51 pm • Updated: Feb 9, 2018, 1:52 pm By David Ovalle, Miami Herald MIAMI — The Miami Lakes man found with $ 22 million in suspected marijuana cash stuffed in orange buckets inside his house pleaded guilty Wednesday — but he won’t be losing all…

Continue reading

Pro-Marijuana Candidates Win, Anti-Medical Candidates Lose in Michigan Primary Elections

FLINT- Tuesday’s Primary elections in Michigan were a success story for the medical marijuana advocates who were running, and a horror story for those who’ve made their career out of prosecuting the state’s sick and injured. Notorious Gaylord-area Prosecutor Mike Rola, who authorized massive raids against medical marijuana businesses on…

Continue reading