The New York Times editorial board is calling for an end to the federal ban on marijuana use and sales, lending some high-level support to the industry. In a weekend editorial, the newspaper takes a balanced approach to the issue, acknowledging that "there are no...
Entrepreneurs looking to enter Illinois' medical marijuana industry could get help with one of the biggest issues facing cannabis startups: funding. Prairie Wellness Fund Ltd. announced it is hoping to raise as much as $100 million to provide fledgling marijuana...
A Florida company has secured up to $500,000 in investments to fuel its business interests in the marijuana field. Holding firm iMD Companies landed an initial infusion of $25,000 with an agreement for additional funds as needed to support growth down the road. The...
Cannabis legalization in Oregon could generate $38.5 million in taxes for the state during the first full year of implementation, according to a new report. The study, authored by ECONorthwest, examines the economic impact of recreational marijuana sales in the state....
Las Vegas received 63 applications for medical cannabis business licenses by Wednesday's deadline, according to an official with the city. Most of of them came in at the eleventh hour, mirroring the last-minute rush in Clark County. As the 3 p.m. deadline approached,...
A federally approved project to research the use of marijuana for treating post-traumatic stress disorder may move forward after all, just not at the University of Arizona. The university abruptly terminated the lead researcher on the project, Dr. Suzanne Sisley...
The American Herbal Products Association (AHPA) released business guidelines today tied to the manufacturing, packaging, labeling and storage of cannabis-derived products, wrapping up a project to create regulatory recommendations for the medical marijuana industry....
A hospital in Chicago has gone public with its desire to dispense medical cannabis. Executives at Swedish Covenant Hospital said such a move makes sense because of patients' desire to be treated with medical marijuana and the security and safety a healthcare facility...
A last-ditch effort to block restrictive regulations on medical cannabis businesses in San Jose, California, has come up short. Advocates failed to get the required number of signatures for a proposed ballot measure seeking to overturn the rules, which severely...
Colorado residents still favor the state's recreational marijuana law, however their support has dropped slightly since the program's early days. In a survey run by Quinnipac University earlier in July and released this week, 54% of respondents say they support...
Rand Corp. is set to begin a study on the possible impacts of marijuana legislation in Vermont, the results of which could have broad implications for cannabis legalization efforts across the country. Officials from Rand Corp. - a prestigious research firm - will be...
Illinois Gov. Pat Quinn has signed legislation expanding the list of qualifying conditions for the state's medical marijuana program. Under the new law, patients with seizure disorders - including epilepsy - will be eligible for medical marijuana cards. The...
