By John Schroyer and Tony C. Dreibus Congress addresses some major marijuana issues, a Wall Street firm offers advice to Big Tobacco about cannabis, and the nation's first two recreational states release new sales figures. Here's a closer look at several notable...
After giving the thumbs up to more than half a million dollars in funding to begin implementing Measure 91 - the law Oregon voters passed last month to legalize recreational marijuana - state legislators immediately began toying with the idea of changing up the...
The esteemed Wall Street firm RBC Capital Markets apparently has some advice for major tobacco companies: Start thinking about marijuana, because it's probably not going anywhere. That's the gist of a research note that was being circulated and wound up in the hands...
By John Schroyer A federal judge in northern California has tossed a civil forfeiture case against a San Francisco medical marijuana dispensary, possibly setting a precedent that could give the U.S. government pause before taking similar actions to shut down MMJ...
The question of why marijuana is still illegal in most states and at the federal level is becoming more and more relevant as both medical and recreational cannabis continue to make political strides. The co-founder of Ben & Jerry's Ice Cream thinks he knows who's...
Congress will reportedly let Washington DC's marijuana legalization initiative stand as passed by voters, but it will prohibit the city council from approving marijuana sales and taxation until at least next October, sources close to the situation told The National...
Although the federal government has thus far largely taken a hands-off approach to states that legalize marijuana in one form or another, a report Monday from Rocky Mountain PBS I-News and USA Today revealed that federal agents are still compiling evidence against...
Taxes on recreational marijuana businesses in Washington State are so extreme that some shops are struggling to stay open despite burgeoning sales. Cannabis City, the first retail marijuana store to open in Seattle, has racked up $2.5 million in sales, but much of...
Although Connecticut's medical marijuana industry just formally got started less than two months ago, MMJ advocates are already petitioning the state to expand the list of ailments that qualify patients for cannabis. According to the Yale Daily News, a group of...
By Tony C. Dreibus and John Schroyer Los Angeles files a lawsuit against an ancillary medical marijuana company, cities in Washington State seek to address the MMJ issue on their own, and a report in Hawaii could pave the way for dispensaries. Here’s a closer look at...
Will 2015 be the year that California finally passes medical marijuana regulations? It will if a pair of Democratic state lawmakers have their way. State Assembly Members Reggie Jones-Sawyer and Rob Bonta, from Los Angeles and San Francisco respectively, introduced a...
The marijuana industry isn’t an easy business to break into anymore.
While the first medical marijuana states were largely unregulated – making it relatively simple to open a cannabis dispensary – most markets have created a web of rules and procedures on the industry. And with seemingly ever-increasing fees from state and local governments, it’s getting even more difficult.
