Oregon Bank Accepts Cannabis Business, Then Rescinds Offer
MBank made a brash move and widely publicized their intention to work within the cannabis market, without first seeking FDIC approval.
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Cannabusiness — page 5
Cannabis business news, commentary and analysis
916 articles
Conference Touts Cannabis' Investment Potential
In Kan's estimation, cannabis is a $40 billion dollar market with a limited amount of players. Calling cannabis an "investors dream," Kan claims that there is tremendous opportunity to be a prime-mover in this quasi nascent industry.
Product Review: Arizer Solo Portable Diffuser
The Solo is quite enjoyable to use and can vape both flower and wax. To be honest using wax with this vape is where I've seen the Solo really shine.
DPA Report: Employment Rates Rise Due to CO Cannabis Legalization
The industry created over ten thousand new jobs and brought in approximately $19 million a month. Rather than bringing about the end of society as we know it, cannabis legalization is only improving the job market and giving people a good time.
CannabusinessLink
Colorado Hotels Are Charging Tourists for Smoking Cannabis
State law prohibits the consumption of cannabis in public, so where does this leave tourists to consume their legal cannabis? You guessed it, hotels. Despite an 8.3 % increase in the average room rate in the year 2014 alone, hotels are also cashing in on room smoking with a $250 smoking fee.
CannabusinessLink
Legal Marijuana Is the Fastest-Growing Industry in the U.S.: Report
Legal marijuana is the fastest-growing industry in the United States and if the trend toward legalization spreads to all 50 states, marijuana could become larger than the organic food industry, according to a new report obtained by The Huffington Post.
State Agency Suspicious of High THC Buds in Washington
From the results of laboratory testing, Washington’s recreational cannabis varies widely in THC content. Most strains average around 16% THC, but about 2.5% of cannabis has tested above 28% THC — quite high compared to most.
At Long Last: The First Cannabis Based Credit Union to Open
Finding banks who will cater to cannabis businesses has been a constant obstacle for new ganjapreneurs opening up shops since states began legalizing in the U.S. But that might be about to change thanks to Alex Mason, who plans to open up the first credit union ever that caters to businesses in the cannabis industry.
Colorado Cannabis Firm to Grow on California Tribal Lands
Their aim is to form agreements with several California Native American tribes to grow and manufacture cannabis products on native land and then sell those products to medical dispensaries.
Too Much Weed: Washington Weed Supply Exceeds Demand
The weed market has reached a tipping point in Washington, due to an excess of cannabis available to consumers. Despite earlier concerns that there would not be enough legal cannabis to go around in Washington, pot producers have been able to supply far more ganja than expected.
Pot LuckLink
Pot-Based Sex Spray for Women Hitting Colorado Shelves
A new pot spray promising to help women have better sex will hit the shelves in Colorado next week. Foria, which contains marijuana extract, claims the relaxing properties of cannabis will help women have better and more satisfying sex.
Silicon Valley Power Investor Backs Cannabis
Supporters are calling this a tipping point and a "Berlin Wall moment." They figure that if such established and successful venture capitalists are willing to back the burgeoning cannabis market, then it can't be too long before others embrace the market as well.
Product Review: Keef Cola - Hashish Blend Medicinal Tonic
Keef Cola is one of the first cannabis infused beverage products that was offered in Colorado years ago, and set the bar high for other companies to follow. Now that I have found them again, I chose their products over others for various reasons.
Marvina: Cannabis of the Month Service
There's a new subscription box service based in San Francisco that is specifically for weedists. Marvina is a high end service for cannabis connoisseurs that will send customers deliveries of different cannabis strains to sample as part of a monthly subscription box service.
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Headiest Dab Pins: Super Mario S. Thompson
In case you need a hand, that's def Super Mario doing a Hunter S. Thompson in Fear and Loathing in Las Vegas impression. The scary part is how spot-on his impression is!
Cannabis Cooking Emerging as a Sophisticated Culinary Art
Cannabis is working its way into many mainstream aspects of our culture, and now culinary cannabis is starting to take hold as a legitimate culinary art.
Pot LuckLink
Northern California Tribe Plans Marijuana Farm
A Northern California tribe has signed up to be the first tribe in the state to launch a large marijuana-growing operation. The Santa Rosa Press Democrat reports that the Pinoleville Pomo Nation has contracted to build a $10 million facility to grow marijuana indoors.
CannabusinessLink
Paypal's Co-Founder Is Making a Major Move on Pot
Founders Fund, the $2 billion San Francisco venture capital firm run by Silicon Valley stars including Peter Thiel, co-founder and former CEO of Paypal, is investing in Privateer Holdings, a marijuana company that owns several pot-related brands.