The governor of Louisiana said he supports the legalization of medical marijuana as long as it's distributed under "very strict supervision" - one of the strongest pro-MMJ comments yet by a high-ranking elected official in the South. Gov. Bobby Jindal made the remarks...
When Los Angeles passed a measure banning most dispensaries in the city last spring, the few MMJ centers allowed to remain open expected to see rapid growth, increased pricing power and a more stable business climate. But none of the expected benefits of the new law –...
Illinois released draft regulations today outlining how patients will be able to register for medical marijuana cards. The proposed rules would create some barriers that might ultimately restrict the size of the market for dispensaries. Under the proposal, patients...
President Barack Obama said it's "important" to move forward with marijuana legalization in Colorado and Washington in yet another sign attitudes toward cannabis are shifting. The president, who made the comments during an interview with The New Yorker, said that...
By Chris Walsh Washington's medical marijuana industry could be put on life support soon, but a sliver of hope for its future emerged this week. On Monday, a lawmaker introduced legislation that would keep medical marijuana separate from the state's recreational...
CannaBusiness Media is seeking experienced professionals to speak at its upcoming Money Show seminars focused on marijuana business finance, cash management, banking solutions and exit strategies. The events will be held in early April in three cities: Boston, Chicago...
Pharmacists could take a more prominent role in the medical cannabis industry down the road as new MMJ states consider the best way to dispense the drug to patients. On Tuesday, several leading pharmacists in Illinois expressed interest in trying to tap the state's...
An appeals court has ordered New Jersey to produce a report on the status of its medical marijuana program, including an update on several dispensaries that have been seeking final approval to open for the past three years. The move could shed light on why the state...
An executive with experience running local hospitals and nonprofit health organizations will serve as Massachusetts' new medical marijuana czar. The state's health department announced Monday that it has selected Karen van Unen to serve as executive director of its...
By Alan Brochstein Publicly traded cannabis stocks are off to an incredible start this year, with many of them doubling or tripling and some increasing by as much as tenfold. Excitement about the implementation of legal cannabis in Colorado has fueled what appears to...
By Chris Walsh Enough is enough. The federal government's strategy of pressuring financial institutions to shut out the cannabis industry is creating bigger risks for marijuana companies - as well as states and cities - by the day. Dispensary owners and the industry's...
Uruguay is gearing up to export marijuana now that it has legalized cannabis use, with one government official saying the country is "enthusiastic" about tapping the global market. The move highlights missed opportunities - and future possibilities - for U.S....
