businesses

U.S. SENATE COMMITTEE APPROVES MARIJUANA BANKING A new measure has been approved by the U.S. Senate Committee that would allow banking institutions to offer financial services to marijuana businesses. State-legalized marijuana businesses will soon be able to operate as a traditional business...

Just four years after Washington and Colorado led in legalizing recreational uses of marijuana, the pot train has left the station. Twenty-five states and the District of Columbia allow legal marijuana access in some form, with legislatures in Ohio and Pennsylvania approving medical marijuana...

At first pass, the sexiest aspect of the marijuana industry is probably three-foot tall plants that grow psychoactive flowers. But it gets hotter (not): wonky tax code experts who are fighting the federal government over an obscure tax code that is crippling small businesses across the legal...

A Juneau company has applied to be the first marijuana testing business in Alaska's capital. The Juneau Empire reports Southeast Alaska Laboratories LLC has applied for a city conditional use permit and a state marijuana establishment license. Glacier Analytics, another potential testing lab...

When KIND Financial began in 2014, it was supposed to be the Wells Fargo for weed growers and dispensaries. "I was initially going to be KIND Banking," says CEO David Dinenberg, "I was going to be the marijuana bank." He says the idea struck when he was watching a 60 Minutes segment on...

Yet another attempt has failed to pass legislation shielding banks that provide services to marijuana-related businesses from regulatory action or other penalties. Late last week, the US House of Representatives appeared likely to approve an amendment to the House Financial Services and General...

Oakland - Roughly 3,000 people flocked to the Marriott Oakland City Center this week for a business conference that, in many ways, was just like any other. Businesses set up booths in a vast expo room, and business executives hosted panels about marketing, funding, business policy and...

Salem, Oregon - An amendment to aid marijuana businesses seeking financial services passed the Senate Appropriations Committee on June 16. The amendment, sponsored by U.S. Sen. Jeff Merkley of Oregon, would bar federal banking regulators from preventing or penalizing banks for providing...

After five years of quiet but rapid growth making equipment for the marijuana industry in other states, Apeks Supercritical is ready to ramp up business in Ohio. With passage of a state medical-marijuana law that takes effect Sept. 8, the company not only expects to see a jump in manufacturing...

After five years of quiet but rapid growth making equipment for the marijuana industry in other states, Apeks Supercritical is ready to ramp up business in Ohio. With passage of a state medical-marijuana law that takes effect Sept. 8, the company not only expects to see a jump in manufacturing...

The Senate Appropriations Committee voted on Thursday to allow banks to provide financial services to legal recreational and medical marijuana dispensaries, according to The Denver Post. Marijuana is still listed as a Schedule 1 substance by the federal government, so marijuana businesses in...

"The federal government should not be forcing Oregon's legal marijuana businesses to carry gym bags full of cash to pay their taxes, employees and bills", said Senator Jeff Merkley. Banks wishing to do business with the marijuana industry without fear of government reprisal inched closer to...

Recreational marijuana stores in Yakima will need to be at least 1,000 feet from schools, playgrounds and other protected places under a recommendation expected to be presented to the City Council. In its fourth hearing on regulating marijuana businesses, members of the Yakima Planning...

A newly drafted protection for "micro" weed farmers is making its way through state lawmakers' chambers. The Assembly just passed North Coast Assemblyman Jim Wood's "Cottage Cannabis Farmers Bill" that would add a new medical marijuana cultivator license to the state regulatory framework...

The Marijuana Control Board approved the first-ever commercial marijuana businesses in Alaska on Thursday. After a rocky start to the meeting, the board began approving cultivation and testing facilities in midafternoon. "Everything takes longer than expected," newly appointed Chair Peter...

Now that Pennsylvania has legalized medical marijuana, what's the chance you'll have a pot-growing operation or dispensary in your neighborhood? It may depend on your local zoning code. That's the painfully dry development manual that sets block-by-block rules for what kinds of businesses can...

The United States' cannabis industry is rapidly expanding, but without federal legalization, large companies that do business across state lines can't enter the market. We asked small business CEO's and others in the industry to describe some of the trends that spurred their businesses. 1...

Assembly members in Anchorage have passed a bundle of rules that will shape the business landscape for the state's largest commercial cannabis market in the months ahead. Assembly member Bill Evans says the body is walking a line between trying to not replicate past excesses by the alcohol...

The start-up world can expect to see a different kind of green in the next few years if the marijuana business grows as rapidly as some expect. Legal marijuana sales grew to $5.4 billion in 2015, up from $4.6 billion in the prior year, and sales are expected to grow by 25 percent to about...

Salinas council members approved an ordinance to allow commercial medical marijuana businesses to operate within the city Tuesday. The city attorney was quick to point out this doesn't mean permits will be issued right away or even in a month and that there is still a lot of work to do...