Arizona officials are weighing several changes to the state's medical marijuana rules that could both hurt and help dispensaries. The proposals include: - Tweaking the distance requirement for growing cannabis at home or obtaining it from caregivers. Under current...
A new poll has found that 10% of Colorado voters have tried cannabis since the start of recreational marijuana sales on Jan. 1, underscoring the market's sizable potential. The figure equates to more than 300,000 consumers who are at least 21, the legal age required...
How much money have retail marijuana shops in Colorado generated since recreational sales began Jan. 1? It’s the billion-dollar question, the answer to which will give us the first real indication of the recreational market’s potential – both in Colorado and in future states that legalize.
Alaska could become the third state in the nation to allow the production, sale and use of recreational marijuana. State officials have validated enough signatures to qualify a legalization proposal for the primary election ballot in August. The measure would allow...
Authorities in the California town of Needles raided four dispensaries in recent days, accusing the owners of being full-time residents of Arizona and selling cannabis to out-of-state visitors. Detectives - who also served search warrants at several residences in the...
New York's highly restrictive, controversial medical marijuana program could be up and running by this time next year The state's health commissioner told lawmakers this week that he expects the program to launch within 12 months, adding that it will use marijuana...
By Michael Mayes With the passing of medical marijuana laws in Illinois comes specific challenges for entrepreneurs looking to start an MMJ business in the state. Officials are just starting to develop regulations on the industry, so it will be a while before detailed...
Massachusetts awarded its first medical marijuana dispensary licenses on Friday, approving 20 applications in a move that will jump-start the state's MMJ industry. The first centers could start serving patients as early as this summer, though in other new medical...
By Chris Walsh Marijuana is all over the news these days. You're just as likely to come across a story on the cannabis industry in the Wall Street Journal or on CNN as you are in small community newspapers and TV stations in the heartland of America. This week alone,...
Investment activity in the cannabusiness industry continues to increase, most recently with a sizable investment in MediSwipe, Inc. The funding commitment is for $1.1 million over six months. It comes from a Chicago-based private equity firm that has previously worked...
Hawaii would grow cannabis and export the drug internationally under a bill introduced in the state Legislature on Friday. House Bill 2124, spearheaded by Rep. Rida Cabanilla, would legalize the commercial production and distribution of marijuana and edibles solely...
By Chris Walsh If the cannabis business hadn't already crossed into the realm of legitimacy, a good case can be made that it has now. Four prominent political figures across the country publicly supported some aspects of the marijuana industry over the past week. The...
