Medical marijuana may be legal in many states, but federally, it is still illegal. This means that banks run the risk of being charged with money laundering or other crimes for working with what the federal government considers an illicit activity. This creates a precarious situation where billions of dollars of state-licensed marijuana profits are handled almost exclusively in cash. What are the laws the set up this framework? What problems does this create? What is the solution?
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The first legal recreational marijuana stores in Massachusetts could open in July 2018. But don’t count on being able to buy marijuana.
Although the legal cannabis industry is still in its infancy, it’s already delivering tremendous results. According to tech financial guru Michael A. Robinson, the cannabis industry has been one of the fastest growing sectors in the stock market.
On May 14, 2016, Nikola Todorov, Macedonia’s Health Minister, announced that medical marijuana will be available in Macedonian pharmacies beginning at the end of May, according to Xinhuanet.
SEATTLE (AP) — While Denver has recalled 19 pot products in as many weeks over pesticide issues, no such recalls have affected Washington state in the 18 months that pot sales have been legal.
Sometimes the most difficult plight of new investors in the cannabis sector is to know where to start learning and what information to trust.
Kevin Harrington, a serial entrepreneur and “Shark Tank” investor celebrity, made his first foray into the cannabis industry on Tuesday, April 21, 2015, at the Marijuana Investor Summit.
States that have legalized marijuana need to put strong restrictions on the drug’s edible products, according to two Stanford law professors.
LAS VEGAS— Nowhere is the mainstreaming of marijuana more obvious than in Sin City this week: Thousands of pot entrepreneurs are descending here for a massive convention dedicated to all things cannabis.
ORLANDO, Fla., Oct. 10, 2014 /PRNewswire/ — On Saturday, November 1st, Florida entrepreneurs hoping to learn more about opportunities in the medical cannabis industry will gather at a conference in Orlando, Florida.