By Omar Sacirbey A British company that develops cannabis-based medicine is on the verge of a major breakthrough that could ripple across the U.S. marijuana industry. GW Pharmaceuticals will likely seek FDA approval in the fourth quarter of this year to sell an...
A battle is brewing between two New England states over which has the better cannabis legalization proposal. Vermont Gov. Peter Shumlin said a recreational legalization bill recently approved by his state's Senate and now being considered by its House of...
By Omar Sacirbey Marijuana businesses in Oregon shouldn’t expect financial institutions to suddenly open their doors to the industry if Gov. Kate Brown signs a cannabis banking bill that is currently sitting on her desk. The unfortunate reality is that banks are...
A public medical cannabis real estate company in Scottsdale, Arizona, is developing what it says is the state’s first MMJ business park. Zoned Properties has signed a deal to lease 25,000 square feet in a Tempe warehouse to Catalina Partners LLC, which is behind the...
A group of four U.S. Senators are urging federal regulators to come together to issue clearer guidance to financial institutions serving licensed marijuana businesses so they won’t have to operate in cash. Oregon Sens. Jeff Merkley and Ron Wyden, Washington Sen. Patty...
The cannabis industry is attracting investors from all walks of life. Including porn. Larry Flynt, the famed publisher of Hustler Magazine, has thrown down $100,000 for 100,000 shares of stock in Pineapple Express, a publicly traded company in Los Angeles that...
Illegal marijuana production in Washington State has seen a spectacular decline since 2010, according to a new report by the U.S. Drug Enforcement Administration.
The first country to legalize adult use marijuana could begin sales as early as this summer. The government of Uruguay took another step this month towards regulating its recreational cannabis market, opening its registry for pharmacists applying to sell marijuana...
By Omar Sacirbey The list of companies with cannaphobia appears to be getting longer. A marijuana-related startup said its attempt to make an announcement via PR.com, a major distributor of press releases for businesses, was rejected because it focuses...
Thanks to a provision in the official application for marijuana business licenses in Massachusetts, municipalities in the Bay State have been able to squeeze cash, donations and other perks from cannabis entrepreneurs, according to Boston.com. Applications require...
Hawaii's medical marijuana program is making slow but steady progress. The state's health department has named five people to be on a panel that will award eight MMJ business licenses. Hawaii received 66 applications for business licenses from...
The Pennsylvania Legislature has not yet finalized a bill legalizing medical marijuana, but passage seems likely enough that two powerful businesses have formed a partnership in the cannabis space. MedMen, a nine-year-old cannabis consultancy in Los Angeles, and the...
