It will be a telling year, because no one in the relatively new industry ... Because cannabis remains illegal at the federal level, most banks don’t want to do business with pot companies ...

Their experience was typical for new cannabis businesses in Massachusetts ... and reorganization in bankruptcy court — are off-limits to the pot industry. Sanders said that in Holyoke, where ...

Michigan's cannabis regulator told state lawmakers April 23 that the marijuana industry is under strain from falling prices, illicit market activity and the rise of unregulated, intoxicating hemp ...