Cashing In On Cannabis: CannaCon’s Banking Panel

PCH invests in real estate fund for WA cannabis industry

By Sahar Ayinehsazian Since Washington state legalized recreational marijuana in 2014, recreational cannabis sales have totaled over $1 billion, translating to more than $250 million collected in new taxes. Such substantial sales, however, have also brought problems for licensees in the form of cash. Because of marijuana’s federal status as a Schedule I substance, financial institutions continue to Read the full article…

13 Challenges Filed Over Medical Marijuana Licenses

In order to qualify, nurseries had to have been in business in Florida for at least 30 years and grown a minimum of 400,000 plants at the time of the application.

FLORIDA: Florida’s Department of Health has received 13 administrative challenges over the selection of nurseries to grow medical marijuana in the state. An administrative challenge has been filed in all five regions. Redland Nursery filed challenges over the awarding of licenses in two regions. The Office of Compassionate Care named the five nurseries Nov. 23. In order to Read the full article…