New Federal Law Would Make Banking Easier for Cannabis Businesses

May 26 2017 in Federal Marijuana Issues, Legal Blog, Marijuana Business, Medical Marijuana

Legal marijuana sales brought in $5.4 billion in 2015 and that number is projected to jump to $21.8 billion by 2020. Despite the wave of states embracing the legalization of medical and recreational marijuana, it remains illegal under federal law. Operating a business in the marijuana industry means...

3 Things You Should Know Before You Invest in a Cannabis Business

May 19 2017 in Federal Marijuana Issues, Legal Blog, Marijuana Business, Marijuana Charges, Medical Marijuana

With the passage of Proposition 64, which legalized the adult use of recreational marijuana, California is set to become the nation’s largest legal cannabis market. Experts predict that the legal marijuana industry will eventually add $7 billion to California’s economy and generate $1 billion in...

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