The allure of the cannabis business has cast its net long and wide over the entire nation. Some states are already seeing the revenue generated from marijuana sales reach into the billions. Still, banking within the cannabis industry remains a prickly issue. Despite a glimmer...
The cannabis industry is one of the fastest growing sectors in the country. Forty-seven states have legalized cannabis in at least some form—as CBD oil or for medical or recreational use—and it may only be a matter of time before marijuana is legal nationwide. With...
What has long been a major handicap to the cannabis industry may finally be coming to an end. As federal law currently stands, financial institutions in states where marijuana is still illegal cannot provide services to cannabis-related businesses. For these banks, proceeds from cannabis-related transactions...
In a move that comports with New Jersey’s recent legalization and decriminalization of marijuana, the state’s Attorney General directed law enforcement agencies to stop arrests for minor marijuana offenses and for prosecutors to immediately dismiss all such pending criminal charges. The policy change comes at...
Since legalizing recreational marijuana in 2012, the State of Washington has been at the forefront of the legalization movement. With revenue from marijuana sales reaching into the billions, there seems to be no sign of the cannabis industry slowing down. If you’re looking to cash...
In a move that could signal a change in the U.S. Drug Enforcement Agency’s approach, the DEA has notified marijuana grower applicants that they soon will be able to register as authorized entities to produce marijuana for research purposes. Prior to this announcement, there was...
The State of Minnesota is poised to join the ranks of the more than half of all U.S. states that have legalized the use of the marijuana flower for medical purposes. Currently, in Minnesota, medical marijuana is only legal if it is in the form...
Directly from the WSLCB Bulletin To: Licensed Cannabis Retailers From: Liquor and Cannabis Board Re: Limited Allowance for Cannabis Retailers to Provide One Joint at No Cost to Customers who Receive a COVID-19 Vaccine at In-Store Clinic Advisement: The Liquor and Cannabis Board (LCB) received multiple requests from “marijuana” (herein referred...
The marijuana industry has become one of the most rapidly emerging sectors over the last ten years. If you are considering establishing—or have already established—a legal marijuana business, then you may be wondering whether you need to hire a marijuana attorney or how to select...