Oregon will release draft rules covering medical marijuana dispensaries within the next few days, according to state officials. The move is an important step toward creating a network of regulated, licensed dispensaries to serve patients across the state. The rules...
A Democratic lawmaker in Tennessee has filed a bill that would legalize medical marijuana in the state. Rep. Sherry Jones, D-Nashville, has proposed House Bill 1385, which authorizes sales of marijuana to “severely debilitated people.” While that makes it sound like...
The editorial board of The New York Times has come out in opposition of New York Gov. Andrew Cuomo’s controversial plan for medical marijuana, joining some cannabis industry professionals who say the program is too restrictive. The newspaper said that allowing just 20...
Organizers behind a bid to legalize medical marijuana in Florida have collected nearly 1 million signatures, about 45% more than needed to qualify the measure for the 2014 ballot. People United for Medical Marijuana, which is spearheading the effort, needs to get...
Politicians and marijuana advocates have been quick to praise New York Gov. Andrew Cuomo’s plan to legalize medical marijuana in the state, which he will formally unveil on Wednesday. But the plan effectively prevents a free-market medical cannabis industry from...
A private equity fund launched by two High Times executives is looking to raise $100 million for investments in cannabis companies. The HT Growth Fund plans to make individual investments of around $2 million on average, primarily in ancillary companies that don't...
Michigan-based supplement company Creative Edge Nutrition could become the first U.S. firm to distribute medical marijuana in Canada. The company has received tentative approval from the country's health department to grow, distribute, import and export medical...
Washington State’s Department of Revenue has identified 311 medical marijuana businesses that have not been paying taxes. The department is sending out letters to those businesses today in an attempt to clarify the state’s tax laws. The letters inform the businesses -...
Give Colorado marijuana businesses a hearty round of applause – or better yet a standing ovation. With everything on the line, the nation’s first state-licensed retail stores put the best face possible on the cannabis industry this week.
Retail cannabis stores in Colorado reported another day of strong demand for recreational cannabis, though some said they are already running low on edibles and other infused products. Lines formed outside many of the licensed retail shops in the Denver area on...
Shares of public cannabis companies started off 2014 with a bang, posting huge gains on the first day of trading since the successful launch of recreational marijuana stores in Colorado. Many stocks rose at least 20% in intra-day trading on Thursday vs. their 2013...
Vermont Sen. David Zuckerman has proposed a bill that would legalize, tax and regulate the sale and use of recreational marijuana. But don't expect much movement this year: Zuckerman dubbed 2014 a “building year, more than a passage year” for legalization efforts. The...
