AmeriCann, a Denver medical marijuana company, is investing nearly $7Â million in a dispensary and a grow facility in two southern coastal Massachusetts towns, according to the Taunton Gazette. The cultivation technology and real estate company is under contract to...
By Omar Sacirbey The marijuana industry is toasting Wednesday's passage of a sweeping medical cannabis bill in Pennsylvania, which is set to become the 24th state to legalize MMJ and the first to do so in nearly two years. But now the heavy lifting begins for...
An upstart Massachusetts company focused on the cannabis market announced it has raised $1.6 million from angel investors to develop its flagship vaporizer. CannaKorp says its vaporizer will deliver medical cannabis in a single-use, dose-controlled cup - similar to a...
Lawmakers in Pennsylvania have passed a bill to allow the cultivation, sale and use of medical marijuana, making it the 24th state in the nation to legalize MMJ. The measure cleared the state House this afternoon by a 149-46 vote after previously winning approval from...
Ads touting the legalization of recreational marijuana in Vermont have hit the airwaves. But they may be for naught after a key state House panel delivered a potentially crippling blow to a legalization bill by voting to merely study the matter. According to the...
Kodiak Capital Group, a California private equity firm, has agreed to purchase $1 million of common stock in FutureLand Corp., a Colorado company that leases land and equipment to growers of medical and retail marijuana as well as industrial hemp. FutureLand will use...
A Canadian health insurance firm has agreed to cover medical cannabis for a university student who uses the drug to help with severe headaches. The development is a small step for the legitimacy of medical marijuana in the world of health insurance and could convince...
By Omar Sacirbey Cannabis entrepreneurs in Vancouver, British Columbia, are about to find out whether local law enforcement will shutter scores of unlicensed medical marijuana dispensaries in the western seaport city. Vancouver officials have notified more than 100...
MassRoots, the popular social network for cannabis enthusiasts, is taking another shot at getting listed on the Nasdaq. The Colorado-based company filed an S-1 registration form on Monday with the Securities and Exchange Commission to raise up to $6.5 million by...
Washington State marijuana stores along the Oregon border have seen their sales plummet since their southern neighbor’s legalization program went online last October, according to The Oregonian. For example, cannabis tax revenues in Washington’s Klickitat County, to...
In the latest sign of the cannabis industry’s mainstream acceptance, professional motorcycle racer Johnny Rock Page has accepted the Hemp American Media Group as a sponsor. The partnership marks the first time a professional racer has ever been sponsored by a...
A legislative obstacle to the approval of marijuana licenses in Alaska has emerged, threatening to delay the start of the state's recreational cannabis industry. The issue? Fingerprints. Applicants for recreational cannabis business licenses...
