Medical Marijuana news and trends

Will The SAFE Banking Act Make Life Riskier For Banks?
Banking // September 27, 2019

Since California first declared marijuana “legal” for medical consumption in 1996, transactions involving legally permitted cannabis have been complicated things. In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized...

Columbia Care Launches Cannabis Credit Card
Payment Methods // June 13, 2019

Columbia Care, a medical cannabis company that has licenses in 15 jurisdictions in the European Union and the U.S., is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. Launch of the credit card comes after...

Adyen Sizzles, Bitcoin Fizzles And Retail Gets Its Groove Back
Sizzle/Fizzle // June 15, 2018

Sizzle of the Week: Retail’s 2018 Rebound Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the whole, with some notable exceptions, retail has landed on our Fizzle list more often than the Sizzle list in recent...

Colorado Smokes Up $120M In Cannabis Sales In November
Regulation // January 12, 2018

Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. The shops took in a haul of nearly $120 million in sales of recreational and medical cannabis...

Interviews & Exclusives
Will The SAFE Banking Act Make Life Riskier For Banks?

September 27, 2019
Since California first declared marijuana “legal” for medical consumption in 1996, transactions involving legally permitted cannabis have been complicated things. In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized cannabis consumption for either legal or medical reasons. More complicated […]

Quick Reads
Marijuana Banking, Cryptocurrency Regulation May Be Combined Into Single Bill

April 15, 2024
Proposed rules for marijuana banking and cryptocurrency regulation may be combined into a single bill. The legislation has not been finalized, but there have been talks in the U.S. Congress about combining a cannabis bill, the “Secure and Fair Enforcement Regulation (SAFER) Banking Act,” and a stablecoin measure, Marijuana Moment reported Sunday (April 14). Senate Majority Leader […]

Columbia Care Launches Cannabis Credit Card

June 13, 2019
Columbia Care, a medical cannabis company that has licenses in 15 jurisdictions in the European Union and the U.S., is launching the Columbia National Credit program with its new CNC...

Colorado Smokes Up $120M In Cannabis Sales In November

January 12, 2018
Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. The shops...

Go Green Processing Launches POS System For Pot Industry

July 14, 2017
Go Green Processing, the payments company, announced a single integrated PoS system targeted at medical cannabis and marijuana suppliers. In a press release Go Green Processing said the POS system...