Republican presidential candidate Rand Paul made a splash in Denver on Tuesday, raising an estimated minimum of $120,000 in a closed-door private fundraising event at the National Cannabis Industry Association's Cannabis Business Summit. The total amount raised puts...
John Schroyer
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Second MMJ Bill Introduced in Pennsylvania Legislature
In an attempt to get around obstructionists in the state House of Representatives who have been trying to either kill or stall a medical marijuana legalization bill, three state representatives in Pennsylvania on Tuesday introduced a new companion measure with the...
Fifth New Jersey Dispensary Given Green Light
And then there were five...dispensaries allowed to grow medical cannabis in New Jersey, that is. Compassionate Sciences was granted a license to begin growing and dispensing medical cannabis on Monday by the state Health Department, according to NJ.com. For months,...
Louisiana Gov Signs Medical Marijuana Bill
Louisiana Gov. Bobby Jindal has signed a bill making his state the latest in the nation to set up a system for dispensing medical cannabis, but it's questionable whether the program will ever get off the ground. The law requires that patients...
New York Cannabis Firm Buys Oregon Utility Building for $3M
In another sign of the marijuana industry's growing national reach, a New York-based real estate firm focused on the cannabis industry has spent $3 million on an industrial building in one of Oregon's largest cities. The firm, Kalyx...
Sole MMJ dispensary opens in Delaware
Delaware's only licensed medical cannabis dispensary officially opened in the northern town of Wilmington on Friday, bringing another state under the MMJ industry's umbrella. First State Compassion Center welcomed its first patients in the morning, and lines formed...
South Dakota Tribe to Partner With Colorado Grower
A South Dakota tribe announced this week that it is teaming up with a cannabis company to put together a business infrastructure for growing and selling recreational marijuana on its reservation, even though cannabis is still illegal in the state. Leaders of the...
Week in Review: Major Merger in Canada, CO Price Drop + Edibles Potency Claims Debunked
By John Schroyer One of the biggest medical marijuana companies in Canada purchases a rival, cannabis prices tumble in Colorado, and edibles potency claims come under fire. Here’s a closer look at several notable developments in the marijuana industry over the past...
Startup Acquires Inventory Tracking Firm, Plans Banking Solution
A Los Angeles-based financial services startup backed by a notable investor announced Thursday that it has reached an agreement to purchase the cannabis software firm Agrisoft Development Corp. Kind Financial - which has raised $2 million from...
Cannabis Companies Dropped From Denver Fair
Marijuana companies apparently aren't welcome at the Denver County Fair this year. The fair's organizers have decided to prohibit marijuana companies from exhibiting this time around following an incident last year involving attendees who were...
CBD Laws Largely Symbolic Victories, as Business Opportunities Are Few and Far Between
By John Schroyer In 2013, CNN aired a documentary by Dr. Sanjay Gupta that featured a young girl whose innumerable seizures were relieved by a high-CBD medical marijuana strain. The documentary - and Gupta's concurrent proclamation that marijuana does indeed have...
California Medical Marijuana Grow Raided
Local law enforcement officials in a town just south of San Francisco raided a medical cannabis grow site that supplies a nearby dispensary, seizing roughly 1,900 plants. The cultivator in Aptos, California, had around 2,000 plants on hand...






