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Posted inCannabis

Wells Fargo Shut Down a Florida Politician’s Bank Account Because of Cannabis Connection

Rex_Wholster / Getty Images It’s not breaking news that cannabis businesses and the banking industry have a contentious and ugly relationship fueled by paranoia and fear. The vast majority of US banks will neither make loans to, nor open and maintain accounts for, cannabis businesses. Therefore, these businesses are shut out of access to credit […]

Posted inCannabis

A New Report on Cannabis in Oregon Misses Some Important Points

NIKITA GUSAK/GETTY IMAGES Last week, the cannabis community reacted to a new report that examines how Oregon is doing with its recreational program. The report, โ€œAn Initial Assessment of Cannabis Production, Distribution, and Consumption in Oregon 2018,โ€ was prepared by a group of city, state, and federal agencies that comprise the Oregon-Idaho High Intensity Drug […]

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After Legalization, Californians Are Still Buying Black-Market Weed

ROBINOLIMB/GETTY IMAGES California cannabis delivery service Eaze recently issued a report looking at how many people in California are still sourcing their cannabis through the unregulated marketplace, and why. SF Gate broke down the report’s numbers. The report reveals that 84 percent of California consumers are “very satisfied” with the recreational cannabis program eight months […]

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Hefty Fines for Cannabis Violations in Oregon and Colorado

MARK TROST / GETTY IMAGES Oregonโ€™s recreational cannabis industry strives, and often succeeds, in following the letter of the law. When growers, producers, and dispensaries face judgment, itโ€™s on two frontsโ€”the electronic public square of social media, and the more fearsome regulatory agency smackdown, which can add stiff financial penalties to the scarlet โ€œCโ€ of […]

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Are the Economic Benefits to Legalizing All Drugs a Good Enough Reason?

STAS_V / GETTY IMAGES Oregon just celebrated the third anniversary of cannabis legalization, and I think itโ€™s safe to say itโ€™s been a success. While itโ€™s had a negative impact on the Oregon Medical Marijuana Program, and our stateโ€™s nearly 30,000 licensed growers are currently struggling with a saturated market and depressed prices for their […]

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