The state of New York is hammering out the details of the law which will legalize recreational cannabis in the jurisdiction. One of the issues that has come up for consideration is how that cannabis will be distributed and sold once legalization takes place. Liquor stores have come together and proposed that they should be … Continue reading “420 with CNW – New York Liquor Stores Offer Solution to Recreational Marijuana Sales”
Wednesday (October 17) marked the start of a new era in Canada after recreational cannabis became legal. Canadians waited for this day, but not as eagerly as Canopy Growth, one of the leading cannabis companies in the country. The President and co-CEO of the firm, Mark Zekulin, said that they pulled all the stops, including … Continue reading “420 with CNW – A Peek Into Canopy Growth’s Cannabis Manufacturing Facility Just Before Legalization Day”
Customs and Border Protection officials have announced that they have seized more than 10 shipments of bulk mail from Canada that contained approximately 750 kilograms of marijuana. The seizures started weeks ago when a tractor trailer carrying bulk mail was flagged for additional inspection at the Port Huron entry point in Michigan. A canine unit … Continue reading “420 with CNW – 750 Kilograms of Marijuana Seized By CBP at Canadian Border”
Medical cannabis has been legal in New Jersey since 2010. However, there are moves to expand the medical marijuana program and also decriminalize recreational pot in the state possibly by the end of this year or early next year. Industry watchers are suggesting that the legalization of recreational cannabis in New Jersey would be a … Continue reading “420 with CNW – Why Legalizing Recreational Cannabis in New Jersey May Be a Game Changer”
The state of Louisiana voted to legalize medical cannabis in 2015. However, it has taken years for the laws to evolve and reach a level where patients can start accessing medical cannabis. This is now likely to happen in November of this year. The barrier on how many medical cannabis patients any doctor can handle … Continue reading “420 with CNW – Louisiana Removes Cannabis Patient Cap on Doctors”
In a disturbing development, Canadians who have invested in the cannabis industry now face the risk of being banned permanently from entering the United States. This reality came to light when a prominent Canadian venture capitalist, Sam Znaimer, was told he was permanently barred from entering the U.S. due to his equity holdings in American … Continue reading “420 with CNW – Canadian Cannabis Investors at Risk of US Entry Bans”
Majority of states have legalized marijuana in some form CSA creates financial barriers to cannabis sales, purchasing REFG pioneering payment solutions in rapidly expanding market In what CNN analyst Z. Byron Wolf says may be a tipping point (http://cnw.fm/0IdVw), voters in Oklahoma — generally considered a politically conservative state — approved one of the most permissive medical … Continue reading “Payment Processing Continues to Present Challenge as Legalization of Cannabis Gains Momentum”
Related Editorial In a world where legal cannabis is rapidly becoming more mainstream, a vexing financial issue continues to haunt the businesses and consumers taking part in this multibillion-dollar industry; namely, what to do with all that cash when federally chartered banks can’t accept it and credit card companies won’t touch it. Marijuana is still … Continue reading “CannabisNewsAudio – Global Payout, Inc. (GOHE) Enables High-risk Industries to Flourish with Fintech Banking Solutions”
CannabisNewsWire Editorial Coverage: In a world where legal cannabis is rapidly becoming more mainstream, a vexing financial issue continues to haunt the businesses and consumers taking part in this multibillion-dollar industry; namely, what to do with all that cash when federally chartered banks can’t accept it and credit card companies won’t touch it. Marijuana is … Continue reading “Cash-Heavy Cannabis Industry Looking for Alternative Fintech Banking Solutions”
