Finance

Flag Map of Washington State via Wikimedia Commons

Washington Expects Pot Sales Tax Revenue Surge to $1 Billion

Kate Smith ~ Bloomberg ~

Washington State expects marijuana sales taxes to bring in more than $1 billion over the next four years, according to a budget forecast published by the Office of Financial Management.

Finance 23 October 2015

File image of the Fourth Corner Credit Union building in Denver. AP Photo/David Zalubowski

Feds Block Push by Colorado to Create Pot Bank

Kristen Wyatt ~ Associated Press ~

DENVER (AP) -- Colorado's attempt to create a bank to service its marijuana industry has received a setback from the Federal Reserve.

Finance 23 October 2015

A tractor cuts a small plot of hemp at a University of Kentucky research plot near Lexington. Image: Dylan Lovan, Associated Press via Washingtonpost.com

The South says no to marijuana but yes to hemp

Thad Moore ~ Washington Post ~

Tobacco isn’t the reliable cash crop it once was. And that has hundreds of other farmers across the South revisiting a plant from deep in the region’s past: industrial hemp.

Finance 16 October 2015

Advertising staff at Australian Government Printing Office, 1921. Image via Wikimedia Commons

Why you need a workplace marijuana policy

Kathleen Burke ~ MarketWatch ~

If you’re a small-business owner and marijuana has been legalized in your state, should you care?

Finance 15 October 2015

A five bladed leaf from a three month old female cannabis sativa plant. Image: Psychonaught via Wikimedia Commons

Marijuana Grower Sued For Using Pesticides

Debra Borchardt ~ Forbes ~

It didn’t take long before marijuana companies would be treated like any other company, and that means getting sued.

Finance 14 October 2015

A grow room in Denver. Image: WeedWorthy.com

Colorado monthly marijuana sales eclipse $100 million mark

Elizabeth Hernandez ~ The Denver Post ~

Colorado recreational marijuana sales are close to $60 million in August 2015; medical marijuana sales climb slightly.

Finance 12 October 2015

Anthony Rivera. Image: CannaNative via Bloomberg.com

Where to Stash Cannabis Cash? Tribal Nations Make Bid to Bank It

Jennifer Kaplan ~ Bloomberg ~

A possible end to the era of $20,000 of cash stuffed into bags.

Finance 12 October 2015

Marijuana Wellness Products, Hollywood, Portland, Oregon, 2014. Image: Another Believer via Wikimedia Commons

Oregon's first week of recreational pot sales tops $11 million

Nina Mehlhaf ~ KGW.com ~

PORTLAND, Ore. -- After just one week of recreational marijuana sales, Oregon dispensaries have raked in an estimated $11 million.

Finance 08 October 2015

Union Cannabis represents unionized cannabis businesses in multiple states. Image: Cannabis Industry Professional Association via Statesmanjournal.com

Oregon cannabis workers unionize

Gordon Friedman ~ Statesman Journal ~

At least two collective bargaining contracts between Oregon cannabis workers and the dispensaries that employ them have been signed, and more are expected to partake in collective bargaining as the industry develops.

Finance 08 October 2015

The Tower Theater in Bend, Oregon. Image: Matthew Hickey via Wikimedia Commons

In one Oregon town, a marijuana sale frenzy over the weekend

Ted Shorack ~ BendBulletin.com ~

Medical marijuana dispensaries remained busy throughout the weekend after opening their doors for recreational sales Thursday.

Finance 05 October 2015