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Oct 18, 2019

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Marketplace Morning Report

Congress considers allowing banks to accept more marijuana money

by Ben Bradford Jul 22, 2019
Many marijuana dispensaries “have a mountain of cash” and no place to take it.
A cannabis tour member rolls a joint as the tour group makes a stop to smoke marijuana, on a cannabis tour organized by L.A.-based Green Tours, January 24, 2019 in Los Angeles, California.
ROBYN BECK/AFP/Getty Images

Canada legalized marijuana, but still less than half of sales are from legal sources

by Ben Bradford Jun 19, 2019
Canada legalized production, sale and consumption of recreational cannabis last fall, the second nation in the world to do so after Uruguay.
A Canadian flag with a weed leaf on it is waved at a celebration of National Marijuana Day on Parliament Hill in Ottawa, Canada.
Chris Roussakis/AFP/Getty Images

Canadians in the pot business need to be careful crossing U.S. border

by Quinn Klinefelter Dec 18, 2018
Crossing to even discuss the U.S. cannabis industry can be considered trafficking.
A woman waves a flag with a marijuana leaf on it next to a group gathered to celebrate National Marijuana Day on Parliament Hill in Ottawa, Canada.
CHRIS ROUSSAKIS/AFP/Getty Images

California pot delivery businesses face digital disruption

by David Weinberg Oct 22, 2018
New tech startup shrinks already tight margins for door-to-door marijuana services.
A Los Angeles billboard advertising the marijuana delivery service Eaze.
Mario Tama/Getty Images

California pot delivery businesses face digital disruption

by David Weinberg Oct 22, 2018
New tech startup shrinks already tight margins for door-to-door marijuana services.
A Los Angeles billboard advertising the marijuana delivery service Eaze.
Mario Tama/Getty Images

Canada's new legal pot sellers need to outcompete the black market

by Emma Jacobs Oct 16, 2018
Canadians will be able to purchase recreational cannabis starting Oct. 17.
Ian Johnston trims medicinal marijuana plants at Tweed INC. in Smith Falls, Ontario on Dec. 5, 2016.
LARS HAGBERG/AFP/Getty Images

Canada's new legal pot sellers need to outcompete the black market

by Emma Jacobs Oct 16, 2018
Canadians will be able to purchase recreational cannabis starting Oct. 17.
Ian Johnston trims medicinal marijuana plants at Tweed INC. in Smith Falls, Ontario on Dec. 5, 2016.
LARS HAGBERG/AFP/Getty Images

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Coca-Cola reportedly exploring cannabis-infused beverages

by Mitchell Hartman Sep 18, 2018
Bloomberg TV reports the soft drinks giant is in talks with Aurora Cannabis of Canada, though Coca-Cola says "no decisions have been made."
Bottles of Coca Cola sit in a cooler at a market on April 16, 2013 in San Francisco, California. 
Justin Sullivan/Getty Images

Feds change marijuana policy, which could affect businesses involved

by Reema Khrais Jan 4, 2018
U.S. Attorney General Jeff Sessions today rescinded an Obama-era policy that helped legal marijuana thrive in parts of the United States. Sessions, a longtime critic of marijuana legalization, says it causes spikes in violence and crime. He has likened marijuana…

U.S. to end lenient policy that let legal pot flourish

by Associated Press Jan 4, 2018
Attorney General Jeff Sessions is rescinding the Obama-era policy that has generally barred federal law enforcement officials from interfering with marijuana sales in states where the drug is legal.
Christopher Furlong/Getty Images