Cannitrol – Cannabis Control Agent

Marijuana news from around the world

financial

Colorado unveils plan to help bring banking to state’s cannabis industry

Because marijuana remains a controlled substance under federal law, Colorado’s dispensaries, cultivations and other businesses have been prohibited from obtaining conventional financial services, such as lines of credits or loans, and the ability to accept credit cards.

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Perlmutter, House co-sponsors push Senate for swift action on marijuana banking bill

U.S. Rep. Ed Perlmutter and three other congressmen who’ve been pushing to give cannabis businesses access to banking services expressed hope Tuesday their bill would move through the Senate soon.

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Gains, growing pains mark California’s 1st year of legal pot

It was supposed to be a great year for marijuana entrepreneur Brian Blatz.

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Canadian legalization creates opportunities for Colorado marijuana businesses

Nationwide recreational marijuana legalization makes Canada a fertile landscape for ganjaprenuers. While some Colorado companies are already cashing in on opportunities north of the border, the effect on the local cannabis landscape is expected to be mostly invisible to consumers, industry advocates say.

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Marijuana-friendly states want meeting with Jeff Sessions

California, Oregon and other marijuana-friendly states are seeking a meeting with U.S. Attorney General Jeff Sessions in hopes of resolving the conflict between federal and state laws that has left the nation’s cannabis industry in legal limbo.

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19 state attorneys general back Colo. Rep. Ed Perlmutter’s marijuana banking bill

The recent rescission of prior Obama-era guidance from the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) for banks doing business with marijuana firms has made the need for Congressional action more urgent, the attorneys general said.

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Uruguay setting up dedicated cannabis dispensaries after banks scare off pharmacies

Uruguay’s government announced it is changing its retail system for legalized marijuana because banks have made it difficult for pharmacies to sell cannabis.

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Marijuana tax money lets Manitou Springs fix potholes, bankroll bigger improvement projects

In advocating “pot for potholes,” recreational marijuana proponents promised a potent new revenue source for tackling a familiar urban headache. But in Manitou Springs, the only Pikes Peak region community so far to permit recreational pot shops, the cash infusion has meant more than road repairs.

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Jared Polis: Leave cannabis regulation to the states, President Trump

Opinion: Colorado has proven that allowing responsible adults to legally purchase marijuana gives money to classrooms, creates jobs and boosts the economy.

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