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Pot News

Washington governor to pardon marijuana convictions

More than six years after the state legalized the adult use of marijuana, Washington Gov. Jay Inslee said Friday he plans to pardon thousands of people convicted of small-time possession charges — the latest in a series of moves by states and cities to ease the burdens people face from having minor criminal records for using pot.

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Medical marijuana gets Utah governor’s signature after compromise

SALT LAKE CITY — Utah Gov. Gary Herbert has signed into law a compromise agreement that guaranteed legalization of medical marijuana but has sparked concern that it creates too many hurdles for patients trying to access the drug.

Marijuana bankers ‘drowning in a sea of paperwork’

Cannabis banker Sundie Seefried is drowning in a sea of paperwork. And that — she told a Las Vegas audience — is why her financial institution and other banks have to charge high fees to work with marijuana companies.

August Las Vegas marijuana tax sales set new record

Combined taxes on wholesale and recreational marijuana sales generated $8.1 million in August, beating out July’s monthly record of $7.9 million.

Green Thumb signs largest marijuana deal in Nevada to date

The deal is the largest ever in the Nevada marijuana industry and creates the state’s biggest dispensary operator by locations. Green Thumb will now operate five dispensaries in Nevada, including the only one on the Strip.

 
Marijuana conference MJBizCon draws 25,000 in Las Vegas

The seventh annual conference, which kicks off Wednesday at the Las Vegas Convention Center, will bring more than 25,000 industry professionals to town for three days of networking and deal making. More than 1,000 exhibitors will offer an array of industry services and products ranging from accounting software to extraction equipment.

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