marijuana business News

Deal Offers More Banking Services for California Pot Firms

LOS ANGELES (AP) — A California cannabis industry group announced Tuesday that it reached an agreement with a state credit union that will provide checking, wire transfers and other banking services for more marijuana companies, helping ease what has been …

Colorado Pot Owners Plead Guilty as a Result of ‘Looping’ Practice

The owners of a Denver marijuana business pleaded guilty Friday to drug and racketeering charges and will spend a year in prison in what city officials called the first local prosecution of a legal pot enterprise in the U.S. A …