Monthly Archives: May 2014

Minnesota 22nd State to Legalize Medical Marijuana

Minnesota will become the 22nd U.S. State to legalize medical marijuana, albeit with an interesting caveat. Smoking will not be an allowable method of medicating.

Gov. Mark Dayton signed legislation that sets up a medical marijuana program with tight controls over qualifying conditions and the way it is administered. People won’t be able to smoke marijuana legally or access it […]

Nevada Group Petitioning for Retail Cannabis Bill

A Nevada cannabis advocate group has launched a petition that would put a vote for legalized cannabis on the Nevada State ballot in 2016. The move comes after the success of the Colorado model and is led by state Sen. Tick Segerblom and marijuana advocate Joe Brezny. The group is working with the Marijuana Policy Project on the petition.

If […]

Local Bans Hurting Upstart Cannabis Businesses

Retail cannabis is still a new idea to many people. While two states have voted to legalize retail sales and public opinion of the plant has gone up in the last couple of decades, there are still many people who look at cannabis with a discerning eye.

This has left some counties within the state of Washington voting for moratoriums […]

Seattle Credit Union Moves toward Serving Marijuana Growers

The Seattle-based nonprofit once known as Group Health Credit Union changed its name in 2010 to evoke a green, leafy, hardy plant seen as having medicinal properties.

A first for Western Washington that could ease fears that truckloads of cash will be a magnet for crime, Salal says openly that it expects to provide bank accounts for some state-licensed marijuana […]

Colorado Approves World’s First Marijuana Banking System

Colorado lawmakers approved the world’s first financial system for the marijuana industry, a network¬†of uninsured cooperatives designed to give pot businesses a way to access basic banking services.

The U.S. Treasury Department said in February that banks could serve the marijuana industry under certain conditions. With the industry emerging from the underground, states want to track marijuana sales and collect […]

Washington Retail Lottery Winners Announced

Almost a year after Washington State voters passed I-502, the Washington State Liqueur Control Board has finally announced the lottery winners of the coveted retail marijuana licenses.

With only 21 retail licenses allocated for all of Seattle and over 170 applicants whom qualified, the vetting has only started. There will be secondary inspection which will include background checks, review applications […]