80.4 F
Los Angeles
Sunday, April 22, 2018

Finance

Finance
White House officials announced today that President Donald Trump, after recent talks with Colorado Senator Cory Gardner, has personally directed the Justice Department to desist on any potential crackdowns in states with legalized recreational marijuana.The assurance from Trump could...
FINCANN Chief Executive Officer Nathaniel Gurien said he's always been a risk-taker. At 65, he's spent most of his career in global consumer electronics commerce. Although the marketplace was hyper-competitive, he succeeded by taking advantage of differences in pricing,...
Financial publication Bloomberg BusinessWeek this week profiled the nearly impossible process undertaken by U.S. researchers that would like to conduct studies on medical cannabis, but are prohibited from do so because of federal restrictions on cannabis.The controversy over medical...
Canadian cannabis producer Cronos Group Inc. yesterday became the first cannabis company to be publicly traded on the NASDAQ Composite stock index. The company was already listed on the TSX Venture Exchange in Canada, under ticker symbol “MJN” and...
Denver-based Hoban Law Group has announced plans for major global expansion, as well as a new addition to their team of attorneys. The "cannabusiness" law firm will open four offices in the European Union by Fall 2017, and is...
California Treasurer John Chiang has announced a plan to create a state bank that would work with marijuana businesses. Recreational sales of marijuana are expected to begin in January for California. But because of federal law, dispensaries and growers will...
By 2021, the international marijuana industry is expected to be worth $31.4 billion. The marijuana industry continues to grow at a historic pace and could soon be creating jobs and tax revenues across the world in a few years.According to...
Businesses operating in the cannabis market soon will be able to access traditional bank credit. When this happens, every aspect of the market—grower, manufacturer, wholesaler, distributor, dispensary, and retailer—will have access to credit, provided they meet creditworthiness norms. From...
Companies serving the cannabis market need to establish good policies and procedures. Granting credit has not yet become standard in the cannabis market, but as discussed in my article “Trade Credit in Cannabis,” published in the May issue of mg,...
MassRoots, known for their marijuana friendly social media platform, has acquired CannaRegs Inc. for a $12 million. CannaRegs is known for supplying software that tracks changes in marijuana law and helps businesses stay in compliance.CannaRegs, formed by in 2014 by...

People

News Feed

Latest Stories