Hemp and Cannabis News

March 26, 2018

Funding cannabis business ventures are “cash only” undertakings. Major financial institutions are prohibited from funding and do not participate with cannabis-based enterprises. Even when the proposal is fully funded, banks don’t get involved. The issue is the FDIC. Si...

March 26, 2018

From a spectrum of probabilities, the curious investor may have a unique starting point to determine the true potential of the recreational cannabis market.  Finding the proper path would reduce the investment risk and offer a once-in-a-life-time opportunity for signif...

March 16, 2018

Public funding of the commercial cannabis market has produced ineffective results. The issue is the questionable dynamics caused by the federal government’s reluctance to remove cannabis as a Schedule I and Schedule II Controlled Substance and amend Section 280E of the...

March 14, 2018

The Denver Post reports on a Colorado State University-Pueblo study released Monday, in which findings showed "the marijuana industry provides a net positive economic benefit to Pueblo County, even when accounting for demands on law enforcement and social services."

Sou...

March 14, 2018

NJ.Com reports "Gov. Phil Murphy wants state lawmakers to pass legislation legalizing and taxing recreational marijuana in New Jersey by the end of the year -- despite a lack of widespread support from lawmakers in his own party."

Source:  nj.com [2018-03-13]

March 14, 2018

​​New Jersey will likely join nine other states and the District of Columbia in legalization of recreational cannabis.  In his first budget address to the Democrat-led Legislature on Tuesday, the first-term Democratic governor announced the proposal to legalize and tax...

March 12, 2018

The Sacrament Bee reports on the California Bureau of Cannabis Control's efforts to stop Weedmaps, a website containing advertisements for Cannabis sales, from including unlicensed providers.

Source:  sacbee [2018-03-07]sacbee [2018-03-12]

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