Obama Ignores America’s Fastest-Growing Industry in State Of The Union Address

Notably absent from his speech was any mention of the fastest-growing industry in America, an industry that has consistently and voluntarily paid its workers above the minimum wage, even at lower skilled entry level positions.

DISTRICT OF COLUMBIA: During last night’s State of the Union address, President Obama made the controversial declaration that he would sign an executive order raising the federal minimum wage from $7.25 an hour to $10.10 an hour for federal contract workers. Notably absent from his speech was any mention of the fastest-growing industry in America, an industry Read the full article…

Legal Marijuana Businesses Should Have Access to Banks, Holder Says

Attorney General Eric H. Holder Jr., in Charlottesville, Va., pledged new banking guidelines for marijuana businesses.

DISTRICT OF COLUMBIA:  Attorney General Eric H. Holder Jr. said Thursday that lawful marijuana businesses should have access to the American banking system and that the government would soon offer rules to help them gain it. The rules are not expected to give banks a green light to accept deposits and provide other services, but would tell Read the full article…

Legal Marijuana Businesses Should Have Access to Banks, Holder Says

Under the federal Controlled Substances Act, the attorney general has the authority to "remove any drug or other substance from the schedules if he finds that the drug or other substance does not meet the requirements for inclusion in any schedule." Holder didn't indicate Friday that he would be willing to do that unilaterally.

DISTRICT OF COLUMBIA:  Attorney General Eric H. Holder Jr. said Thursday that lawful marijuana businesses should have access to the American banking system and that the government would soon offer rules to help them gain it. The rules are not expected to give banks a green light to accept deposits and provide other services, but would tell Read the full article…

The Business of Legal Marijuana: People Are Getting Rich, Should You Get In?

http://mjnewsnetwork.com/9379/washington-state-entrepreneurs-seek-fortune-in-legal-marijuana/

NEW YORK:  The line stretched nearly around the block. To people passing by on New Year’s Day, it looked like a queue for the latest iPhone release or for tickets to a Justin Timberlake concert. Few onlookers strolling down Denver’s 16th Street Mall, the epicenter of the state capital’s tourist industry, would have guessed they Read the full article…

High Times Launches $100 Million Growth Fund Despite Climate Of Uncertainty

If successful, the High Times Growth Fund will be the most influential financial force in the legal marijuana industry ecosystem, as no other entity would possess its unique combination of capital and clout.

NEW YORK: Why is everybody buzzing about silly ol’ David Brooks? We have more important pot-related news to talk about. High Times, the largest cannabis-related publication in the world, recently announced that it is making moves to establish a private equity fund to provide legitimate pot startups with much-needed capital.

High Times Launches $100 Million Growth Fund Despite Climate Of Uncertainty

If successful, the High Times Growth Fund will be the most influential financial force in the legal marijuana industry ecosystem, as no other entity would possess its unique combination of capital and clout.

NEW YORK: Why is everybody buzzing about silly ol’ David Brooks? We have more important pot-related news to talk about. High Times, the largest cannabis-related publication in the world, recently announced that it is making moves to establish a private equity fund to provide legitimate pot startups with much-needed capital.

Marijuana Businesses May Get Good Banking News In Early 2014

"What we're being told," Finlaw said on the call hosted by Drug Policy Alliance, "is probably in the first quarter of 2014 there will be some guidance issued that's comparable to the Cole memo from the Department of Justice that will give, maybe not a green light, but a yellow light to banks to allow them to do business [with marijuana businesses] -- to take deposits, to set up checking accounts, to set up small business loans, to allow these businesses to accept purchases through debit cards or credit cards, to allow what normal businesses are allowed to do."

DISTRICT OF COLUMBIA: Marijuana businesses may not yet get a full green light on the banking rights that non-marijuana businesses already enjoy, but they are likely to get a “yellow light” as soon as the new year, Jack Finlaw, Colorado Gov. John Hickenlooper‘s  chief legal counsel, said on a joint call Thursday. “What we’re being told,” Read the full article…

Marijuana Businesses May Get Good Banking News In Early 2014

"What we're being told," Finlaw said on the call hosted by Drug Policy Alliance, "is probably in the first quarter of 2014 there will be some guidance issued that's comparable to the Cole memo from the Department of Justice that will give, maybe not a green light, but a yellow light to banks to allow them to do business [with marijuana businesses] -- to take deposits, to set up checking accounts, to set up small business loans, to allow these businesses to accept purchases through debit cards or credit cards, to allow what normal businesses are allowed to do."

DISTRICT OF COLUMBIA: Marijuana businesses may not yet get a full green light on the banking rights that non-marijuana businesses already enjoy, but they are likely to get a “yellow light” as soon as the new year, Jack Finlaw, Colorado Gov. John Hickenlooper‘s  chief legal counsel, said on a joint call Thursday. “What we’re being told,” Read the full article…

Drug Agent Joins Budding Industry

Patrick Moen is leaving the DEA. Privateer Holdings

WASHINGTON: Government officials regularly leverage their public-sector experience into more lucrative jobs in high finance. One former U.S. Drug Enforcement Administration supervisor is giving that track a new twist. Patrick Moen, a longtime DEA agent, has left a post leading a federal team in Portland, Ore., that combats heroin and methamphetamine trafficking to join a private-equity Read the full article…

Kush Bottles Claims "Official Bottle" Of Fast-Growing Marijuana Industry

North America’s largest wholesale distributor has over 12 million units sold.

CALIFORNIA: Kush Bottles, the nation’s largest wholesale distributor of pharmaceutical grade containers for the natural health and medical marijuana industry, announced today that they have sold over 12 million bottles and containers in the legal and medical marijuana industry. “We are like the McDonald’s of the marijuana industry,” said Nicholas Kovacevich, COO of Kush Bottles. “Each Read the full article…