Marijuana sales in Colorado are hitting new highs. Both recreational and medical cannabis revenues jumped 11% in August, according to the latest numbers released by the state. Cannabis consumers spent over $33 million on recreational marijuana and $32.2 million on...
By John Schroyer If you run a marijuana-related company, chances are you've experienced some difficulties opening - and keeping - a bank account. Finding a financial institution willing to work with the industry remains one of the biggest challenges cannabis companies...
American investors who funnel money into Canadian medical marijuana companies could run into legal issues with the United States government. In a recent report by Reuters, several experts warned that investing in Canadian businesses that grow and sell marijuana could...
Colorado Republican gubernatorial candidate Bob Beauprez (pictured) suggested during a debate Thursday evening that voters should be asked to repeal recreational marijuana. That assertion drew a swift condemnation from the Marijuana Industry Group, one of the leading...
By John Schroyer Marijuana could prove to be a decisive factor in who moves into the governor's mansion in Colorado. At no point was that more evident than this week, when Democratic Gov. John Hickenlooper was forced to offer an olive branch to the cannabis industry...
Several edibles companies in Colorado and Washington State are producing weaker marijuana-infused products for customers who aren't regular cannabis consumers, catering to an increasingly large segment of the market. The Growing Kitchen in Colorado, for instance, has...
Despite the fact that New York's medical marijuana program is still in its infancy - and more than a year away from actually beginning to serve patients - marijuana cultivators are already getting ready to join the green rush. Businesses from as far away as the West...
No, this isn't an Onion article. Three separate marijuana retailers in Washington State reported that carbonated cannabis-infused sodas in glass bottles have exploded at random in their stores, littering the shops with glass and sticky, THC-infused residue. Zach...
Illinois financial institutions interested in working with the state's upcoming medical marijuana industry have received a tentative green light from a federal official. Zach Fardon, the U.S. Attorney for the Northern District of Illinois, said at a public breakfast...
The anti-medical marijuana campaign in Florida appears to be taking its toll on legalization efforts. The latest SurveyUSA poll in Florida on the state's MMJ ballot measure found that just 51% of voters favor the initiative, with 33% opposed and 15% uncertain. That...
By John Schroyer Investment money is finally flowing into the cannabis industry as the business risks subside and marijuana goes mainstream. Scores of deep-pocketed investors are actively seeking opportunities to fund everything from dispensaries and grow operations...
A basic medical marijuana business infrastructure is starting to take shape in Pennsylvania, even though lawmakers have not approved any type of MMJ legislation. Activists and entrepreneurs have already begun organizing marijuana-related businesses and coalitions,...
