The cash-only marijuana industry has long posed problems for banks, until now.

Although selling marijuana is now legal in 24 states and the District of Columbia, doing business as a legal marijuana company is a logistical nightmare. That's because marijuana is still federally illegal, and banks open themselves up to potential seizure by the Federal Deposit Insurance Corp. if they take money that is the result of a federally illegal act.

In most corporate settings, it's standard for employees to file into meetings with a cup of coffee in hand before sitting down to strategize on how best to move the business forward. But at least one Denver-based company has taken a different approach by allowing its staff to use another stimulant of sorts to get the creative juices flowing.

"When we have a company brainstorm session, we usually go to the rooftop or Red Rocks Park, and if people want to consume cannabis, they can smoke," said Isaac Dietrich, the co-founder of MassRoots, a tech startup social platform for cannabis users, about their Friday-afternoon meetings.

The CEO of a Canadian marijuana company says his firm is partnering with rapper Snoop Dogg to get ready for marijuana's eventual legalization and regulation in Canada.

The Long Beach, Calif., rapper has penned lines about marijuana early and often since breaking onto the music scene in the early 1990s.

Thursday he announced his company, LBC Holdings, is giving Tweed Inc. of Smith Falls, Ont., exclusive rights to unspecified "content and brands" in exchange for cash and company stock.

Tweed CEO and chairman Bruce Linton said Friday his company had been "interacting" with Snoop and his representatives for nearly two years.

WASHINGTON, Feb. 12, 2016

WASHINGTON, Feb. 12, 2016 /PRNewswire-iReach/ -- February marks the one year anniversary of cannabis legalization in D.C. and 2015 has seen an economic boom in the legal marijuana sales – 5.4 Billion dollars, according to a new report by Arcview Market Research and New Frontier.

On February 20th the Capitol CannaShow is bringing together D.C's marijuana movement's key advocates, lawmakers, and cannabusinesses at the renowned Mayflower Hotel in the first locally-sourced cannabis exposition and conference.

The cannabis business industry has seen plenty of development in 2016 – and we expect to see much more in the coming months. Here are some of the top trendsHerbFront has seen so far.

1. Technology is leading the way – and overcoming roadblocks
As industry leaders discussed at a recent Canna Tech Chicago meetup, technology is at the forefront of the cannabis industry. As organizations take to social media to discuss the legal developments surrounding medical cannabis, business leaders face hurdles like having their Facebook pages shut down.

Snoop sports a T-shirt bearing the logo of Tweed, the massive cannabis company he just partnered with in Canada. Photo via Facebook

Db3, a popular cannabis edibles manufacturer in Washington state, is expanding its Zoots brand to Colorado.

Through a partnership with Bronner Corp., based in Denver, Db3 will sell its line of ZootRocks, ZootBlasts, ZootBites and Zootdrops – along with a new medical High Strength line in the Rocky Mountain state.

HONOLULU (AP) — Some Hawaii lawmakers and advocates say medical marijuana dispensary applicants could be at a disadvantage because health department rules don't allow greenhouses.

Lawmakers are considering a bill to allow medical marijuana business owners to grow plants in greenhouses, shade houses or outdoors in open air.

Right now, rules posted on the Hawaii Department of Health's website say that isn't allowed, and medical marijuana must be grown in an enclosed structure. Janice Okubo of the Hawaii Department of Health said the department doesn't plan on changing the rules unless there's a change in state law.

More than three years after our state’s voters approved the initiative allowing recreational-marijuana stores, West Seattle is finally about to get its first.

The state Liquor and Cannabis Board has just approved the first license for a West Seattle address – 5440 California SW.

The address belongs to an old Craftsman home converted to professional space, and now about to be transformed to retail space. (It’s almost right across the street from the spot where medical marijuana first came to local attention, at 5435 California SW, also the site of a recreational license application.)

The leader of one of the companies that grows Minnesota’s medical marijuana is resigning less than a year after accepting the post.

LeafLine Labs announced that Manny Munson-Regala is stepping down, the Associated Press reports, after leaving his Health Department job to take over LeafLine in June.

LeafLine is one of two companies authorized by the state’s Office of Medical Cannabis to provide marijuana to patients with certain medical conditions whose doctors have recommended the drug.