Making a bank deposit for marijuana store owners in Colorado could involve this complex routine: Some spray Febreze on cash stacks to mask the marijuana smell and others deposit money orders to avoid federal suspicious activity reports from depositing too much cash, dispensary owners there say. Some of Colorado’s nearly 1,000 licensed dispensaries operate under […]
“In the first weeks of recreational sales in Colorado in 2014, dispensaries watched their shelves empty and marijuana prices skyrocketed as vendors failed to keep up with consumer demand,” said Neil Demers of Denver’s Diego Pellicer dispensary. “It took eight to 10 months for supply to catch up and the market to level out,” he […]
Cannabis companies are turning to the world’s most popular digital currency in an effort to get rid of all that cash. The inability to access traditional financial institutions is one of the marijuana industry’s biggest impediments. Legal cannabis was a $6 billion industry last year and is expected to grow to $50 billion by 2026, according […]
Nevada is moving forward with implementing recreational marijuana operations by July 1, while protections for operators at the federal level increase on the medical side. But not recreational. In a new federal spending bill that funds the government through September, Congress continued its policy of blocking the U.S. Department of Justice from using any dollars […]
Although marijuana isn’t 100 percent legal in every state, it has become less and less judged, with people from doctors to lawyers to everyone in-between unafraid about smoking it every once in awhile. And, while most people resort to buying their pot from distributors—when legal, of course—there are a few people who know that the […]
As Diego Pellicer continues to innovate and set precedent in the legal cannabis industry, we are glad to take part in conversations like the one we had with WorkForce. Check out an excerpt with quotes from Diego’s own Allan Golod. As recreational marijuana buds into a legitimate billion-dollar business from its seedy past, human resources […]
The Rohrabacher-Farr amendment, which prevents the U.S. Department of Justice from spending funds to interfere with state medical marijuana laws, was included in the budget resolution that was released last night. The amendment renewal extends protections until September, 2017 and also includes language that supports industrial hemp research as well, which is allowed under Section 7606 of […]
Those that have been closely following the journey of medical marijuana in the public spotlight will know that, while it was once looked at with distrust and skepticism, it’s now widely regarded as a legitimate medical treatment that should be available whenever possible. The principle compound in cannabis responsible for wellness benefits, known as cannabidiol, […]
Diego Pellicer’s design is unlike any other retail store you’ve seen and Architectural Digest has some kind words to back it up. With each passing year, it seems the societal taboos around marijuana are slowly fading into thin air. Consider, for example, the following fact: According to a recent Gallup Poll, support for cannabis legalization in […]