GreenMed Launches Cryptocurrency-Based Credit Card Processing App For Legal Marijuana Industry

Cryptocurrency startup GreenMed has announced the launch of its ERC20 token-backed debit and credit card service

CALIFORNIA: Pro-cannabis cryptocurrency startup GreenMed has become the world’s first one-stop shop for electronic payments in the legal marijuana industry. The platform enables customers to pay for legal marijuana with credit and debit cards. Apart from allowing card payment at dispensaries, the platform also allows users to pre-purchase for quick pick-up over its app. GreenMed is the first platform Read the full article…

The Cannabrander: Canopy Case Study: The Branding Advantage of Thought Leadership

By Ben Weinberg CanopyBoulder is a seed-stage business accelerator, operated under the Canopy parasol in Boulder, Colorado, where it focuses on the legal cannabis space.  It provides capital, a 16-week mentor-driven boot camp, and critical industry knowledge in return for a 6-9.5 percent equity stake in each hand-picked member of every incoming class.  After a three-month Read the full article…

San Francisco Supervisors Approve ‘Office Of Cannabis’

San Francisco Office of Cannabis

CALIFORNIA: San Francisco officials have approved a new Office of Cannabis in advance of recreational marijuana sales starting in California next year. The San Francisco Chronicle reports that the Board of Supervisors on Tuesday also directed the new office to analyze disparities that keep certain minority groups out of the cannabis business. Its other task Read the full article…

Massachusetts: Medical Marijuana Patients Afforded Workplace Protections

Massachusetts: Medical Marijuana Patients Afforded Workplace Protections

MASSACHUSETTS: State-registered medical cannabis patients may sue a private employer for discrimination if they are fired for their off-the-job marijuana use, according to a first in the nation ruling issued Monday by the Massachusetts Supreme Judicial Court. Opining for the court, Chief Justice Ralph Gants determined that it is “not facially unreasonable” for employers to make exceptions to Read the full article…

Oregon: Legal Marijuana Economy Generating Millions, Report Says

Marijuana is big business

OREGON: The state’s licensed cannabis industry has created over 12,500 new jobs and is generating over $300 million in annual wages, according to a preliminary economic report provided to the legislature’s House Committee on Economic Development and Trade. The report, authored by Whitney Economics, identified over 900 cannabis-related businesses (as of February 21, 2007), with another 1,225 businesses awaiting licensure. Read the full article…

OLCC April Commission Meeting Recording

OLCC news

OREGON: The April Commission Meeting recording is now available on the OLCC’s website: AUDIO (1 of 3) AUDIO (2 of 3) AUDIO (3 of 3)   To download the text of the amended/adopted administrative rules approved at the meeting, go to: http://www.oregon.gov/olcc/Pages/laws_and_rules.aspx.      

The Legal Cannabis Market Expected to Witness Wider Adoption

Marijuana is big business

NEW YORK: According to a research report by Market Research Future, the Cannabis market in North America was valued at over USD 3.5 billion for the full year of 2015. Of that, the United States being the largest market in the region, was valued over USD 3 billion on its own. Marketing activities for cannabis products have been challenged by consumer perception and Read the full article…

Colorado Set To Prohibit Marijuana Co-Op Growing Operations

police groups and Hickenlooper, a Democrat, have called on lawmakers to curb the practice of assisting other recreational pot users.

By Kristen Wyatt, Associated Press COLORADO: Colorado was set Monday to outlaw marijuana growing co-ops soon after the state Senate unanimously approved a bill making it a crime for people to cultivate recreational pot for other people. The bill supported by the office of Gov. John Hickenlooper passed 35-0 but it was unclear when he would sign it. There Read the full article…

Colorado To Cannabis Retailers: How We Doing?

An amendment to allow banks to deal with marijuana businesses shows a clear trend toward a loosening of anti-marijuana sentiment in the government.

COLORADO:  The State of Colorado wants to be a better partner it’s legally-licensed pot shops, and in an effort to better understand their needs has tapped the expertise of Clear Voice Research to conduct a first-ever research study.  Designed to help inform how the Colorado Department of Health and Environment can be a better partner to Read the full article…

Revolution Enterprises Wins Preliminary Approval To Dispense Cannabis In Maryland

screenshot-2016-12-14-11-28-29

MARYLAND: Revolution Maryland Retail LLC received preliminary authorization to operate a medical cannabis dispensary in Maryland. Revolution Maryland Retail was awarded license pre-approval to operate in Maryland’s Senatorial District 34 following a competitive licensing process that drew 811 applications for up to 109 available licenses statewide. District 34 sits northeast of Baltimore along the Interstate 95 corridor, and encompasses a majority Read the full article…