MJINews.com

South Carolina’s Medical Marijuana Study Committee

On Wednesday, September 3, 2014, South Carolina’s Medical Marijuana Study Committee met to discuss how to implement its CBD oil law, which will allow patients with certain forms of epilepsy to use cannabidiol, one of marijuana’s medicinal compounds.

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Growing Marijuana Industry Ripe with Opportunity and Risk for Lenders

A client recently came to Sacramento, California-area lender Tod Chadwick seeking a loan for a three-unit commercial property. A standard request — except the client wanted to use one of the units for a medical marijuana dispensary.

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Open Opportunities

As more states legalize marijuana for medical and recreational use, companies invest in products to capitalize on the green.

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AmeriCann Provides $1,000,000 Loan and Consulting for Colorado Cannabis Dispensary

DENVER, Sept. 5, 2014 /PRNewswire/ — AmeriCann, Inc. (ACAN OTCQB), a company that specializes in the designing, building and financing of cannabis cultivation facilities, has provided a $1,000,000 secured loan to Nature’s Own Wellness Center, a Colorado licensed medical marijuana dispensary.

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NCIA & NORML: Comparing Pot Advocates

There’s “Big Coal” and “Big Tobacco;” there’s “Big Oil,” and with the dominoes of cannabis prohibition tumbling, “Big Pot” rises.

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New Cannabis Production Rules Rile Rookies

One of the leading arguments for the legalization of cannabis is the tax revenue a state can generate. Unfortunately for Colorado, instead of generating the predicted $33.5 million tax revenue, they only generated $12 million, a shortfall of $21.5 million.

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Northstar Announces Snorenz Medicated Launch, CyanaBar Update

HOLBROOK, N.Y., Sept. 4, 2014 /PRNewswire/ — Northstar Global Business Services, Inc., Symbol (OTCPink: MDIN) announced today that the much anticipated Snorenz Medicated is finally here. This ambitious new product will officially launch at the Cannabis Cup in Seattle, WA on September 6, 2014, and Kush Creams will begin supplying local dispensaries shortly thereafter.

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State Rep. Mike Vereb Supports Medical Marijuana in Pennsylvania

LOWER PROVIDENCE — Following a panel discussion on Wednesday at the Lower Providence Township Building, state Rep. Mike Vereb announced his support for a state Senate bill that would allow doctors in Pennsylvania to prescribe medical marijuana to patients.

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Zoning Laws vs. Washington’s I-502

Tedd Wetherbee has Washington State approval, issued under the provisions of Initiative 502, to open a marijuana business, and he leased a storefront in the town of Fife to do so. Earlier this summer, however, the Fife City Council adopted zoning regulations that went beyond the usual restrictions on location, signage and hours of operation, to ban all marijuana businesses in town.

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Berkeley Pushes a Boundary on Medical Marijuana

BERKELEY, Calif. — Since the birth of the Free Speech Movement half a century ago, this city has prided itself on its liberal values and policies, be they generous benefits for the needy or a look-the-other-way attitude toward marijuana use.

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