Marijuana businesses across the country, take heed: If your venture doesn't pan out, don't count on bankruptcy laws to help you out. According to a report in The Denver Post, at least four marijuana companies have had their bankruptcy claims thrown out by judges who...
U.S. Attorney General Eric Holder, who is resigning from his post later this year, suggested in an interview with Katie Couric that it's time for the federal government to consider reclassifying marijuana. Reclassification could further open the door for medical and...
Though a bill to legalize medical marijuana in Pennsylvania won overwhelming support in the state Senate this week, it seems unlikely to become law this year given two major hurdles. First, Gov. Tom Corbett has been very outspoken against marijuana legalization, and a...
Illinois received 369 applications from entrepreneurs seeking licenses to open medical marijuana businesses, according to a preliminary count released Wednesday afternoon. That includes 158 applications to the Illinois Department of Agriculture for marijuana grow...
A fake news site duped thousands of online readers into believing - at least for a short while - that the deep red state of Texas had legalized marijuana use. The article on Newsbuzzdaily.com - titled "Texas to Permit Medicinal and Recreational Marijuana Use!" - sent...
By John Schroyer Companies and investors have been throwing big bucks at the American political system for generations, pumping money into initiatives that will help their business prospects. But this hasn't been the case when it comes to cannabis, where businesses...
A Maryland commission has proposed charging annual fees of $125,000 a year for cultivators and $40,000 for dispensaries - on top of up to $6,000 just to apply for a license. Commission members acknowledged that the numbers might price out mom-and-pop businesses from...
Connecticut’s first two medical marijuana dispensaries have formally opened their doors to customers, ending a nearly two-year wait for patients.
The liberalization of marijuana laws across the United States has led to increased tax revenue at the state and local level, but the amount generated so far is just the tip of the iceberg. The financial site NerdWallet projects that marijuana sales would lead to more...
The Marijuana Policy Project has formally filed documents in Arizona to start work on a 2016 ballot measure that would legalize recreational marijuana for adults 21 and older. The initiative has not yet been written, but it is expected to be similar to Colorado's...
The Internet has been on fire since Sunday night with the tale of a TV reporter in Alaska who abruptly quit during a live broadcast after revealing her ownership stake in a cannabis business she had just featured in a report. Charlo Greene - a journalist for the CBS...
Marijuana-related companies aren't the only businesses benefiting from the legalization of recreational cannabis in Colorado. Some companies that have no direct ties to the industry are seeing growth as a result of legalization as well - which could help boost support...
