The Department of Justice said today it will not seek to block or substantially alter adult-use marijuana laws in Colorado and Washington State at this time, a major win for the cannabis industry that signals a tipping point in the government's approach to the drug....
Arizona's medical marijuana industry has already dealt with enough turbulence to last a lifetime. But MMJ professionals might have to brace themselves for more uncertainty and change in the near future. Two residents have filed a lawsuit seeking to overturn the...
Finding a suitable location is often one of the biggest hurdles startup cannabis businesses face. The headache doesn’t end once you sign a lease, though.
Dispensaries and cultivation sites must navigate a minefield of real estate challenges that can change the playing field
With all the progress medical marijuana has made this year - including legalization in several new states and the opening of dispensaries in a handful of others - you'd think the federal government would extend an olive branch to the industry. Quite the opposite. Last...
The Drug Enforcement Administration is reportedly pressuring armored truck companies to stop serving state-legal medical cannabis dispensaries, another blow to businesses that must largely operate on a cash-only basis. Numerous dispensaries - including Harborside...
Attention investors: If you're thinking about pumping money into cannabis stocks, be very, very careful. That's the advice a self-regulatory agency for brokerage firms and exchange markets issued this week. In an alert to investors, the Financial Industry Regulatory...
This is shaping up to be a pretty significant year for the cannabis industry. Three states - Illinois, Maryland and New Hampshire - have passed medical marijuana laws since January, creating tens of millions of dollars in opportunities for cannabis businesses. In the...
It was an interesting week for medical marijuana stocks, to say the least.
Two of the most well-known publicly traded cannabis companies saw their shares fluctuate wildly, taking investors on a roller coaster ride along the way.
Delaware could become the third state with existing medical marijuana laws to pave the way for regulated dispensaries this summer. On Thursday, Delaware Gov. Jack Markell said he will revive efforts to set up a system to distribute medical cannabis via a pilot program...
A startup company hoping to cultivate medical cannabis in Connecticut recently received approval from local officials to set up shop in the city of Middletown, assuming it wins an MMJ business license from the state. While that in itself is notable - just one other...
Two of the more prominent - and transparent - publicly traded companies in the medical cannabis industry released second-quarter financial data this week, offering up a mixed bag for investors. GrowLife Inc. and Medical Marijuana Inc. reported financial progress in...
Getting involved in the recreational marijuana business in Colorado could take a lot longer for newcomers than initially expected. The state is moving forward with rules that will prevent new players from applying for licenses to operate adult-use cannabis stores...
