Author: News Room

The program aims to make financial services, such as banking and electronic payments, more accessible to cannabis businesses nationwide. RALEIGH, NC – April 20, 2022 – West Town Bank & Trust, a bank with a mission to make financial services more accessible to emerging and underserved industries, announces the launch of their dedicated cannabis banking program. The program provides the cannabis industry with secure, convenient, and modern financial tools, enabling businesses to operate more efficiently and reduce the risks associated with operating a cash intensive business. Due to federal regulations, cannabis businesses currently have difficulties accessing reliable financial products, forcing…

Weedmaps on Thursday completed its acquisition of cannabis-focused digital menu and ad company Enlighten. The deal brings Weedmaps two of Enlighten’s key features: its subscription software SmartHub, and AdSuite, an in-store digital ad inventory for brands to reach consumers at the point of purchase, the company said in a press release. During an earnings call on Wednesday, Chris Beals, CEO of Weedmaps, said the acquisition positions the firm “to be a tremendous partner to retailers and point-of-sale providers,” allowing it to “ingest and cleanse” point-of-sale data, “enrich it” from their brand information catalogs and “have that power engaging and transactable…

A federal court has issued a significant ruling that could set a precedent allowing marijuana paraphernalia to be legally imported from other countries into states that have enacted legalization. While the federal Controlled Substances Act (CSA) prohibits the import or export of drug paraphernalia, the U.S. Court of International Trade (CIT) determined in a ruling late last month that state-level legalization provides an exception to the ban. The case was raised after the U.S. Customs and Border Protection (CBP) blocked the import of cannabis trimming equipment from Canada to Washington State in 2021, denying entry on the basis of its…

We all know who the real special someone is this holiday: Mary Jane. Show your appreciation for her by putting her into something new and shiny from our list of some of the most bad-ass, fashionable smokeware you can get. I mean, 2023 is just around the corner. You don’t want to start it with some boring bong or plain Puffco.  Scroll through and drool at this most-fresh collection of borosilicate baddies, then go make some room on the credit card. Puffco Peak tops Empire Glassworks bottles (Courtesy Empire Glassworks) In 2022, electrons power the hottest hash pipes, and customizing…

The Czech Republic is aiming to harmonize its cannabis laws with Germany as the two European Union nations seek to implement adult-use reforms, Forbes reports. The Czech coalition government is expected to present a draft bill to regulate the industry in March 2023 and the reforms could take effect by January 2024.  In September, the Czech government tasked drug commissioner Jindřich Vobořil to draft a law to legalize adult-use cannabis. In a Facebook post last month, Vobořil indicated that Czech officials are in contact with the German government to coordinate and consult with one another on the reform plans.  “My colleagues…

Cannabis CEOs, founders, and entrepreneurs are often tasked with taking on many jobs and learning as they go. This can lead to spending valuable resources — like their own time — learning new skills and making mistakes a professional would have skipped. One way to lift this burden is to hire a virtual assistant for operational tasks, which opens their schedules to focus on the larger picture of the business. We spoke with TaJanna Mallory, CEO of CannaAssistants, about her mission to support cannabis companies and founders and how that original goal has grown over time. This interview covers the…

Senators from both parties are supporting a plan to include the SAFE Banking Act in a separate bill – the U.S. Innovation and Competition Act – that is intended to bolster the nation’s supply chains and manufacturing, The Hill reports. The SAFE Banking Act, which would give cannabis companies normalized access to banking and financial services, was included in the House version of the law – the COMPETES Act – which passed the chamber in February. Democratic Sen. Patty Murray (WA), the third-ranking Senate Democrat, is leading the effort and told The Hill she is “fighting every which way” to…

Cannabis Marketing Association is hosting the first in-person Summit with 32 educational sessions, an expo floor, an outdoor lounge, yard games, and an after party. Denver, Colorado — May 10, 2022 — Cannabis Marketing Association (CMA) is excited to announce its Cannabis Marketing Summit (CMS) is making its in-person debut this June 7 – 9 in Denver, Colorado with Platinum Sponsor DOPE Marketing. The Cannabis Marketing Summit, hosted at the McNichols Building in Civic Center Park, is the annual event for cannabis marketers and communications professionals. CMS will evaluate the current state of cannabis marketing and teach the practical tools,…

Applications are official open in Nevada for marijuana consumption lounges—a license type that many are hopeful will attract cannabis tourism and further drive sales. The Nevada Cannabis Compliance Board (CCB) started accepting the applications on Friday morning, and the window will close on October 27. This comes more than a year after Gov. Steve Sisolak (D) signed a bill from Assemblyman Steve Yeager (D) legalizing consumption lounges. Existing retailers are able to apply for one lounge license category to build onto their operations, and there will also be independent lounges that can enter into a contract with a retailer to…

The year is coming to a close and it’s time to round up 2021’s best weed gifts for the holidays. Full of must-have cannabis accessories and smoker essentials, our guide is the one-stop shop for holiday cheer and the weed gifts your mom, dad, and friends will treasure as they toke their way into a new year. From room sprays to ashtrays to stylish bongs, accessories, and carrying cases, this guide was created to help you give the weed lover you love a gift that they’ll cherish for many a season. So, pack a fresh bowl and enjoy the whole…