Sentences with phrase «on marijuana businesses»

This included Kern County, which recently announced a ban on all marijuana businesses, including existing medicinal dispensaries.

Fifty - nine of the local bans on marijuana businesses are indefinite.

Not exact matches

Not least, legal marijuana businesses are on a hiring binge, employing everyone from scientists to cashiers.

By virtually every measure, prohibition of cannabis with high THC commonly known as marijuana and the variant with no recreational drug potential commonly known as hemp has cost the U.S. economy billions of dollars in missed business opportunities and wasted resources spent unsuccessfully fighting the so - called war on drugs.

That has left most marijuana businesses operating on a cash - only basis.

She worked on a range of projects including CNBC's Emmy - nominated Special Report about the financial crisis, Boom, Bust, Blame: The Inside Story of America's Economic Crisis; CNBC's Marijuana & Money Special Report; and America's Top States for Business.

Since that time, Dunn has gone on to create a $ 3 million pot empire, operating a business that sells seeds for marijuana growers, a hemp clothing company, and a brick - and - mortar store that sells pot - related accessories.

As the marijuana industry explodes with growth, there will always be some bank and payment processor that is willing to take on the risk and accept ancillary marijuana businesses.

Marijuana became legal for recreational purchase and use in Colorado on the first of this year, and adult - use facilities are doing a booming business.

Tree — who said the policy change restored a price support for growers by reintroducing a «federal risk premium» — told Business Insider that while consumers in states were marijuana was legal were probably used to a high - quality and tested product, he suspected cracking down on legal marijuana production and sales would incentivize trafficking of lower - quality marijuana to states where the drug is still illegal.

«The advocacy community has suggested that DEA's statement that they would decide on the Gregoire - Chafee rescheduling petition this summer is a sign that they are moving toward reforming policy with regard to marijuana,» Hudak told Business Insider, referring to a 2011 petition from Govs. Lincoln Chafee of Rhode Island and Christine Gregoire of Washington state.

Since marijuana is still on the federal books as a Schedule 1 narcotic (categorized as dangerous as heroin), banks are wary of working with businesses that touch the plant.

«However, investment and business development will continue to be dampened until the federal government definitively changes its position on the legality of medical marijuana,» the report notes.

Sessions, a longtime opponent of marijuana, has hinted at initiating a federal crack down on state - legal marijuana businesses for the better part of a year.

CreditCards.com (2013) reported, «nearly all banks and credit card companies, reluctant to run afoul of federal drug and banking laws that remain on the books, refuse to do business with even state - licensed sellers of marijuana.

Claim: The defendants accuse Bhakta of smoking marijuana on company premises while conducting business.

The legal recreational marijuana market opens for business in California on January 1st.

Proposition 64 legalized the recreational use of marijuana for adults aged 21 years or older, permitting smoking in a private home or at a business licensed for on - site marijuana consumption.

The cannabis commission submitted its final rules last week and on Friday issued updated guidance to cities and towns affirming their critical role in the process of licensing marijuana businesses.

With those stats from the city of Oakland's Department of Race and Equity in hand, the City Council voted unanimously Tuesday to overhaul the nation's first equity program to set aside 50 percent of medical marijuana and cannabis business permits during the first phase of permitting for people affected by the War on Drugs.

However, at Guidant we are conservative in our approach so will not take on these types of businesses — For example starting a pot shop in a state where marijuana is legal is not something Guidant will fund with ROBS, as marijuana hasn't been legalized federally.

Despite growing calls for legalization across the globe and in the US, many marijuana users and businesses are regularly targeted by large media organizations and subject to discrimination based on outdated and misguided anti-marijuana laws.

As Business Insider notes, «Based on seven major illegal drug data surveillance systems, the researchers found that heroin, cocaine and marijuana became significantly cheaper and more potent from 1990 to 2007 (the last year for which data is publicly available).»

Proposition 64 legalises adult nonmedical use of marijuana, creates a system for regulating marijuana businesses and products, and, imposes taxes on sales and cultivation.

At the forum, held by the Bull Moose Club, a political and business venture, Miner and DeFrancisco disagreed — politely — on whether marijuana should be legal in the state.

Republican Assemblyman Steve Katz, who was busted on pot possession charges in March, has joined up with California venture capital firm The ArcView and hopes to raise $ 10 million for marijuana - related businesses, his spokesman confirmed.

Gardner separately said in an interview Wednesday he is 80 % finished with legislation he is writing to ensure states don't run afoul of the federal prohibition on marijuana and to allow marijuana businesses access to the financial system.

The federal government on Friday issued guidelines for banks seeking to do business with the legal marijuana industry, stopping short of a blanket immunity for them, but strongly indicating that prosecutions for such crimes as money laundering would be unlikely.

NPR's Yuki Noguchi reports that the Department of Justice and Treasury Department on Friday sought to «clarify rules for banks trying to navigate the murky legal waters of the marijuana business.

On 1 January, California became the eighth state to legalize marijuana for adult recreational use, which many believe ultimately has a much larger business potential — despite recent headlines about its complicated legal status.

A study of four medical marijuana outlets in California suggests that many of their customers don't fit the profile expected for businesses focused on sick patients.

Portland, Oregon About Blog Oregon Cannabis Institute is offering marijuana business seminars with attorneys, accountants and other industry professionals on proper ways of starting and operating cannabis business in Oregon.

Set in the fictional Los Angeles suburb of Agrestic, California — a town remarkably lenient on marijuana use — Weeds follows Nancy Botwin (Mary - Louise Parker), an affluent single mother of two, as she learns the business of selling drugs.

Read on to find out how to get funding for a marijuana business.

Karakehian suggested that the council singled out marijuana businesses on the electricity issue «because we could,» but he doesn't think he has the votes to change it.

News that the federal government appears to be poised to legalize recreational marijuana use by July 1, 2018 is having an impact on the markets — and a welcome development for lawyers who work with clients involved in related businesses.

Paul Armentano and Paul Larkin discuss Attorney General Jeff Sessions» efforts to rescind the Obama - era policies on marijuana and how this announcement will impact marijuana litigation and the marijuana business.

J. Craig Williams: Paul Larkin, the federal government rules and regulations right now on marijuana prevents the federal banking system from dealing with anybody in the pot business.

An East - side lawyer that owns a medical marijuana distribution or transfer center - the lawyer refuses to call his business a dispensary - filed a multi-million dollar lawsuit in Macomb County Circuit Court on Monday.

As a freelance writer and online business owner, I have very little overhead and I can pass that savings on to you in the form of extremely low prices for quality marijuana resume services.

As more and more states legalize the medical and / or recreational use of marijuana, demand for cultivation / grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.