By John Schroyer Illinois' budding medical marijuana industry has been reeling since former Gov. Pat Quinn's last-minute and highly controversial decision to leave office without signing off on business licenses for cultivation and dispensary applicants. Quinn decided...
Former Illinois Gov. Pat Quinn, who left office earlier this month without granting medical marijuana business licenses as initially planned, had a shortlist of companies ready to go. The list of several dozen businesses was released by newly-inaugurated Gov. Bruce...
How popular is the marijuana business in Colorado? Here's one indication: A single county that plans on issuing a total of 10 business licenses received roughly 1,608 applications in a three-week period in January. Adams County officials accepted applications between...
How's this for irony: A lawmaker has introduced a bill to legalize medical cannabis in Nebraska, even though the state's attorney general is pursuing a lawsuit against Colorado over its recreational marijuana law. The bill, dubbed the Cannabis Compassion and Care Act...
By John Schroyer Arizona medical marijuana sales skyrocket, vape lounges gain traction in more states and cannabis entrepreneurs trigger a real estate boom in new rec markets. Here’s a closer look at several notable developments in the cannabis industry over the past...
Washington State recreational marijuana shops have been struggling underneath a heavy tax burden, but state lawmakers could soon deliver some relief - in stages, at least. A proposed bill being considered by policymakers would reduce the current excise tax structure -...
Medical Marijuana Inc. announced Thursday that it has signed an agreement to acquire Kannaway, a startup hemp products company that was recently valued at up to $243 million by a noted investment banking firm.
The lack of access to traditional banking services is a constant concern in the cannabis world, but the narrative is finally starting to change.
First, the estate of legendary Jamaican musician Bob Marley moved into the cannabis industry. Now, it looks like Jamaica itself could eventually set up a legal medical marijuana market. The Jamaican Cabinet has backed a bill that would not only legalize medical...
As part of its ongoing quest to license and regulate medical marijuana businesses, the San Diego City Council on Tuesday backed new rules that levy a minimum annual fee of $1,100 on legal dispensaries. The fee will vary depending on how much...
Medical marijuana is booming in Arizona. Dispensaries in the state recorded $112 million in medical cannabis sales last year, nearly triple the total in 2013, according to the Arizona Department of Health's year-end report. The stata's 63,417 active cardholders...
By John Schroyer Washington State's recreational marijuana market is becoming an exemplar of capitalism at its simultaneous best and worst. After battling a severe shortage of cannabis when retail sales launched in July, the state's rec marijuana industry is now faced...
