A group seeking to legalize both medical and recreational marijuana in Ohio estimates that annual retail cannabis sales could hit $2.2 billion by 2020 if its measure passes this November. It also predicts that cultivators and processors will generate nearly another $2...
Forced to operate under strict regulations that hamper marketing opportunities, some Colorado cannabis companies are getting creative. One medical marijuana dispensary sponsored a musical production of "Reefer Madness" to the tune of $2,000 in exchange for the...
In late February, the U.S. Food and Drug Administration sent stern letters to six companies peddling CBD products over what the agency said were unfounded medical claims.
A measure to legalize medical cannabis at the federal level will be introduced in the U.S. Senate on Tuesday, and the news has marijuana proponents celebrating. "This is a significant step forward when it comes to reforming marijuana laws at the federal level," Dan...
Although plenty of businesspeople in the cannabis community regard various properties of the plant as effective medicine for a number of ailments, the U.S. Food and Drug Administration doesn't necessarily agree. The agency recently sent six strictly worded warning...
Rhode Island is seen as a leading candidate to legalize recreational cannabis this year, and now state lawmakers finally have a pair of bills to consider. A pair of Democratic legislators are sponsoring two identical measures (one in the Senate, one in the House) to...
By John Schroyer A proposed legalization measure in Ohio stirs up controversy among entrepreneurs and advocates, a fourth lawsuit targets Colorado's recreational marijuana industry, and Florida's CBD program suffers another setback. Here’s a closer look at several...
Shares of Surna Inc. have dipped since the company announced that its high-profile CEO Tom Bollich will step down, continuing a longer stock slide that began a year ago. The cannabis cultivation technology firm said last week that Bollich will depart April 14 as the...
The first country to legalize marijuana on a national scale is dragging its heels, and the country's new president announced this week that he isn't ready to sign off on commercial sales just yet. Uruguay legalized recreational marijuana in December 2013, and started...
By John Schroyer The top executive of a groundbreaking Nevada bank that began working with the marijuana industry last year has left his post to accept a job with a financial services startup targeting cannabis companies. John Sullivan, who served as president and CEO...
Some more good news for cannabis activists and businesses: A respected national poll taken every two years has found that 52% of Americans now support marijuana legalization. That's an increase of 9% from the last time the poll - called the General Social Survey - was...
A group in Ohio has already raised $36 million for a proposed ballot measure that would legalize medical and recreational cannabis - by far the most money ever generated for a state marijuana campaign. Last year in Florida, backers of an initiative to legalize medical...
