Two congressmen have unveiled separate bills today that would overhaul the federal government's approach to marijuana and allow the industry to flourish in states that have legalized cannabis for medical or recreational use. Here are the details: - US Rep. Jared Polis...
Can cities and counties in California ban medical marijuana dispensaries, or should they be forced to regulate - rather than destroy - the industry if they have a problem with it? The state Supreme Court will tackle that weighty question starting today when it begins...
The medical marijuana industry is not for the faint of heart. Each day brings new challenges, setbacks and surprises (not to mention opportunities) - making it both exciting and frustrating for business owners. Industry veterans know this well, and newbies learn it...
Optimism about the marijuana industry's future is extraordinarily high these days. One of the main reasons for the exuberance: Lawmakers in roughly two dozen states have either already submitted or plan to introduce bills that would legalize marijuana for medical or...
The San Diego medical cannabis industry breathed a huge sigh of relief - and popped open a few champagne bottles - earlier this month when Mayor Bob Filner directed local police to stop prosecuting dispensaries. Filner also vowed to introduce a new ordinance that...
Looking to get involved in the marijuana industry but don't want to take on the sizable risks of actually handling the drug? Good news: Some of the biggest opportunities in the medical and recreational cannabis markets involve the ancillary side of the industry - for...
A civil war is brewing in the Los Angeles medical marijuana community, and nearly every local cannabis-related business will be forced to choose sides this spring. It's an important battle: The very future of the single largest MMJ market in the country hangs in the...
By Chris Walsh The business opportunities that arise when a state legalizes medical marijuana and allows dispensaries to serve patients have been well documented. Here's what typically happens: There's a mad scramble - or "green rush" - by entrepreneurs to start...
“The war on drugs has been an utter failure. We need to rethink and decriminalize our marijuana laws.”
Take a guess who said that? You might be surprised to hear that it was Barack Obama, way back in 2004.
An Arizona lawmaker remains determined to put the state's medical marijuana law back in front of voters despite an attempt by dispensary owners, MMJ advocates and patients to get him to reconsider. Rep. John Kavanagh (R-Fountain Hills) told Capitol Media Services that...
The silence from the federal government on state-level marijuana legalization is deafening, leaving officials and entrepreneurs in Colorado and Washington in a state of extreme uncertainty. But there are some promising indications that the feds could take a more...
California-based Medical Marijuana Inc. closed out 2012 on a high note, reporting a record $3.4 million profit in the fourth quarter as it continued to gain traction in the edibles and hemp markets. The company - which trades on the over-the-counter market under the...
