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Lady Business: Taylor West, Deputy Director at National Cannabis Industry Association | Ladybud

Bethany Moore: You’ve been working as Deputy Director of National Cannabis Industry Association since last winter. What are your responsibilities and how do you like working in the cannabis industry? Taylor West: Working in the cannabis industry has been one of the most exciting, interesting, and educational jobs I’ve ever had. As one of our…

Obama administration clears banks to accept funds from legal marijuana dealers | Washington Post

The Obama administration on Friday gave the banking industry the green light to finance and do business with legal marijuana sellers, a move that could further legitimize the burgeoning industry. For the first time, legal distributors will be able to secure loans and set up checking and savings accounts with major banks that have largely…

Medical marijuana firms face cash economy as banks steer clear | Boston Globe

The conflict between federal and state marijuana laws has become a bigger issue as more states legalize the drug for medical and, more recently, recreational, uses. Dispensaries in the other 19 states that have legalized medicinal cannabis have run into similar banking problems, requiring entrepreneurs to hide the nature of their business, establish separate holding…

DEBATE: How has marijuana changed Colorado’s image? | 9NEWS Denver

DENVER – A new NBC News-Wall Street Journal poll finds a majority of Americans support legislative efforts to legalize marijuana. Fifty-five percent say they would support laws in which adults 21 and older are allowed to buy limited amounts of marijuana for personal use. About a quarter would not approve of legalizing marijuana, but they…

Colorado Pot Smokers Can Still Be Fired For Failing Drug Tests | BuzzFeed

DENVER — Brandon Coats was working as a customer service representative for Dish Network when he was given a random drug test in spring 2010. Although he had worked there for three years, the company fired him when the 30-year-old quadriplegic tested positive for marijuana. Coats — who has used a wheelchair since age 16…

Illinois pot stores may just accept cash | The Herald & Review (IL)

SPRINGFIELD – Even after the state implements rules for the sale of medical marijuana, federal banking regulations could make Illinois’ budding cannabis industry a cash-only operation. While Illinois already has moved to legalize the use of marijuana for certain medical conditions, federal regulations prevent marijuana dispensaries and related businesses from using federally insured banks. “What…