President Barack Obama is reviving hopes that recreational cannabis sales will become a reality in Washington DC. Buried in a 2,000-page budget Obama's office sent recently to Congress is a minute change to a separate spending bill from December that included a...
In a surprise move, Illinois Gov. Bruce Rauner approved dozens of medical marijuana business licenses on Monday, ending a period of uncertainty over the future of the state's MMJ program. Rauner, who has been critical of the program and previously indicated he might...
After waiting more than three months for an answer, David Blair finally got the good news this week: his medical marijuana dispensary will be allowed to open - fully licensed and legal - in San Diego. Blair's dispensary, A Green Alternative, will be the second in the...
A cannabis company in Washington State is capitalizing on the Super Bowl in a big way. Solstice Grown, which produces cannabis flowers and infused products, has seen huge demand for its special-edition product named after the Seattle Seahawks' notoriously loud fan...
By John Schroyer An Oregon-based bank retreats from the Colorado marijuana market, an entrepreneur reveals plans to open an unlicensed dispensary in Alaska, and the nominee for U.S. attorney general comes out against cannabis. Here’s a closer look at several notable...
In advance of new regulations for infused products in Colorado, many recreational stores in the state are slashing prices on edibles to avoid having to destroy them in a few days. One shop, for example, is selling a Dixie Elixirs infused drink that normally retails at...
The U.S. Securities and Exchange Commission has approved a share registration by a company that will engage in the cultivation and sale of marijuana, which could encourage other businesses that deal directly with cannabis to go public. It marks the first time the SEC...
By John Schroyer A new IRS memo about tax issues tied to cannabis companies could end up costing the marijuana industry millions of dollars annually, reducing already-slim profit margins for scores of businesses. Last Friday, the IRS sent a memo to a Denver lawyer in...
The chances that Pennsylvania could become one of the next states to legalize medical marijuana improved markedly this week. Gov. Tom Wolf (pictured), who took office this month, has come out in support of MMJ, saying he will sign a bill to legalize medical marijuana...
The former TV reporter who generated controversy last fall when she quit her job on-air to support Alaska's recreational marijuana legalization effort is at it again. Charlo Greene plans to open a pseudo-dispensary in downtown Anchorage on Feb. 24, the day rec...
Well that was quick. MBank, the Oregon-based financial institution that recently announced it would begin serving Colorado marijuana companies, changed its mind and announced on Monday that it doesn't have the resources necessary to handle demand. Jef Baker, the...
It's official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced that it has solidified a deal with FoxBarry Development Company to build a 90,000 square foot indoor cultivation center for medical marijuana on its land...
