Cannabis Rules Tightened in Corona

Other Inland-area cities are addressing the issue as well. On Dec. 1, the San Jacinto City Council voted to update the city’s marijuana ordinance to prohibit cannabis manufacture, cultivation and delivery. San Jacinto already prohibited medical marijuana dispensaries but did not specifically identify cultivation, manufacture... more →
Posted in: Investing

Springs City Council Okays New Recreational Marijuana Clubs Moratorium

The moratorium was approved on a 7-2 vote. Council members Bill Murray and Helen Collins voted against it. Council also approved a six-month moratorium on medical marijuana facilities, which would go from November 14, 2015 to May 13, 2016. The moratorium was approved on a 5-4 vote. Council members Helen Collins, Jill Gaebler, Bill... more →
Posted in: Investing

After Being Approved, Medical Marijuana Industry In Montana Faces An Existential Threat

Whac-a-Mole, thats what it reminded me of. Anytime you stuck your head up, it was like, Whack! Most of the industry today keeps a lower profile than it once did. Providers have reduced hundreds of patients to dozens, or even handfuls. Millions of dollars in revenue has fallen into the thousands. The downsizing has been driven by... more →
Posted in: Investing

Man In Thorton Who Solicited Investors For Pot On Craigslist Ordered To Stop Operations

          I’m running a legal business and I’m treated as though I’m not. A Green Alternative opened in Otay Mesa in March. In four months, they’ve seen an average of 75 patients a day, 7 days a week. Since marijuana is still considered illegal under federal law, Dr. Blair says banks... more →
Posted in: Investing

Bud Genius Announces Intention to Repurchase More Company Shares

Bud Genius, Inc. (OTC: RIGH), a leading laboratory for cannabis testing and profiling, developer of data-driven rating systems for marijuana strains, brand and retail development specialist, and licensee of celebrity-endorsed marijuana and hemp related merchandise, announced today that the company is considering a share repurchase... more →
Posted in: Investing

Can Congress Be Blamed For Colorado’s Ruling Against Medical Marijuana?

We have noted before that the lack of a federal law — which only Congress can pass — raises any number of obstacles for companies in the marijuana industry. Dispensaries and growers cannot find bankers willing to take their cash deposits, and even a state government is having difficulty finding a willing bank. With almost half... more →
Posted in: News

mCig, Inc. Update: Southern Colorado Extraction and Cultivation Facility Plan

mCig, Inc. (OTCQB: MCIG), a leading provider of technology, products, and services for consumers, dispensaries, and growers within the global medical and recreational marijuana industry, announced on Tuesday, May 26, 2015 the plan to open a Southern Colorado Cultivation and Extraction Facility. The Extraction Division will oversee... more →
Posted in: Investing

Dozens of Seattle-Based Medical Marijuana Dispensaries Ordered Shut Down

        Seattle Mayor Ed Murray says the city is planning to shutter dozens of dispensaries while Washington is currently overhauling its medical marijuana law. Mayor Murray said last Tuesday that there are plans to require a new special business license for marijuana establishments.  This license is almost... more →
Posted in: Investing

State’s Denial of Marijuana Dispensaries Ruled Out By Judge

“As always, the MMJ Program’s top priority is ensuring safe, appropriate patient access across the Commonwealth,” said the spokesman, Scott Zoback. Delahunt, who resigned from the company in September, called the controversial selection process for the coveted dispensary licenses outrageous, unethical, and adversarial. In... more →
Posted in: News
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