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Stories Tagged as

Cannabis industry

The pneumatic tube business isn't dead yet

by Matthew Algeo
Apr 25, 2024
Hospitals still use the tubes for moving medicines and samples. But sales are now higher thanks to cannabis dispensaries.
Scott Rudder demonstrating the pneumatic tube system at Township Green, his cannabis dispensary in Riverside, New Jersey.
Matthew Algeo/Marketplace
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Cannabis businesses are booming. They're also having a hard time getting insurance.

by Henry Epp
Apr 20, 2023
Insuring a store full of a substance that's still illegal under federal law isn't cheap.
Christopher Furlong/Getty Images
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Will Congress consider giving marijuana companies access to big banks?

by Nancy Marshall-Genzer
Feb 26, 2021
Pot's illegal at the federal level, so major banks won't provide services. Therefore, vendors can't accept credit or debit cards.
Being shut out by major banks prevents cannabis stores from accepting credit cards and makes leasing space difficult.
David McNew/Getty Images
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Could the success of ballot measures to legalize marijuana add pressure for federal legalization?

by Lukas Southard
Nov 16, 2020
Legalization advocates say there is a tax, and business case, to be made for federal legalization.
Marijuana for sale at the Perennial Holistic Wellness Center which is a medicinal marijuana dispensary in Los Angeles, California.
Mark Ralston/AFP via Getty Images
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Elections 2020

Harris' comments on decriminalizing marijuana propel cannabis stocks

by Nancy Marshall-Genzer
Oct 9, 2020
Harris said a Biden administration would decriminalize marijuana and expunge the records of people convicted of marijuana-related offenses.
Robyn Beck/AFP via Getty Images
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COVID-19

Pot sales on the rise in some states with people home due to COVID-19

by Mitchell Hartman
Apr 20, 2020
Pot retailers are open for business in most states where recreational sales are legal.
Cannabis sales are still up compared to last April in major markets like California, Washington and Colorado.
Bruce Bennett/Getty Images
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Cannabis companies spend and grow, but profits elude

by Mitchell Hartman
Aug 14, 2019
Publicly traded cannabis companies have proven a risky investment play.
The California Compassionate Care Network (CCCN) marijuana dispensary's grow operation is one of the stops on the cannabis tour organized by L.A.-based Green Tours, January 24, 2019 in Los Angeles, California.
ROBYN BECK/AFP/Getty Images
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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
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