Banks may be hesitant to serve hemp companies because of confusion about marijuana laws, the top U.S. bank insurer says. But that doesn’t mean financial institutions should require a new law guaranteeing hemp banking, said Jelena McWilliams, head of the Federal Deposit Insurance Corp. (FDIC), which insures deposits. McWilliams was…

Back on March 1, I ran through a legislative forecast and report for Oregon cannabis in 2019. In that post, I touched on six main issues: hemp, marijuana production limits, interstate sales, social consumption, local grow tax and off-work use. As we move into the home stretch of the 2019 session, each issue has been…

Robin Lefferts May 20th, 2019 Uncategorized Farming, in general, is pretty resource intensive. Cannabis farming can be even more so. One study from 2012 estimated that indoor cannabis cultivation accounted for 1% of the total electricity used in the United States, representing about $6 billion in annual expenditures. That study…

iStock.com/ktasimarr EXFO Inc Reports Strong Q2 Results and Outlook EXFO Inc (NASDAQ:EXFO) is a great tech company that is located miles away from Silicon Valley and is immune from the current trade war between the United States and China. The Dow Jones Industrial Average, the S&P 500, and the tech-heavy…

iStock.com/OlegMalyshev Marijuana News Today The marijuana news today is busy with activity following the release of several major quarterly financial reports. Since the earnings reports are currently sucking up all the oxygen in the market, we’re going to do something a little different today. Instead of the usual focus, I’ll…

In 2016, California voters approved Prop 64, the Adult Use of Marijuana Act, by nearly 2 million votes. In addition to legalizing adult use and possession of cannabis, the law creates a statewide regulatory regime for commercial cannabis activity, but also provides discretion to local jurisdictions to prohibit or restrict such businesses. Almost 18 months…