The California private equity firm Kodiak Capital Group has agreed to to invest $2 million in Burn Entertainment Corp, a multimedia entertainment and lifestyle company catering to "legal cannabis" enthusiasts. New York-based Burn Entertainment, or BurnTV, announced...
Colorado State University's Pueblo campus has secured $1.2 million to establish a research institute focused on medical marijuana, the latest venture to study the health and economic impacts of cannabis. The money also will be used to establish a peer-reviewed...
The Drug Policy Alliance issued a report saying patients and caregivers in New York State face significant obstacles to obtain medical marijuana because of geographic barriers, high product costs, and a dearth of physicians certified to recommend MMJ. The findings...
A group of entrepreneurs, a former United States Attorney, farmers, state legislators, scientists, and environmentalists have petitioned the U.S. Drug Enforcement Agency to change its definition of marijuana to make it easier to grow a wider variety of industrial hemp...
By Omar Sacirbey Vermont’s small medical marijuana industry could see its patient count more than double after the state added chronic pain to the list of conditions treatable with MMJ. As a result, cannabis businesses are now weighing how best to ramp up production...
Two Rhode Island companies - a cannabis oil manufacturer and a biotech farm - are collaborating on tests to see if cannabis oils can be used to treat respiratory diseases. The collaborative effort teams Providence-based Nature’s Comfort Meds, the cannabis oil maker,...
Crowdfunding may not be the simple solution that cash-starved marijuana start-ups can turn to for funding. In May, the Securities and Exchange Commission implemented new rules permitting small businesses to raise up to $1 million annually through crowdfunding. The...
A Canadian medical marijuana producer is wagering on overseas markets, having received the green light from the nation's health department to export products to Croatia. The Eastern European nation legalized MMJ last October. Tilray, which is owned by the...
In another sign that marijuana is increasingly mainstream, a California congressman and thirteen Nevada lawmakers took the step of publicly endorsing cannabis legalization measures in the state. It's a growing trend among elected lawmakers and officials, one that...
A cannabis industry data firm is sounding the alarm over a proposed Colorado ballot initiative it says would prohibit marijuana products that generate more than 80% of industry revenue in the state. The proposed initiative would limit the amount of THC content in...
Opponents of a ballot measure legalizing adult-use marijuana in Massachusetts made their arguments in the state’s Supreme Court Wednesday, hoping to prevent the initiative from making it on to next November’s ballot. Lawyers for 59 voters behind one of two lawsuits...
By Omar Sacirbey A new center for medical marijuana education and research at a Philadelphia university could give the MMJ industry an economic shot in the arm. Thomas Jefferson University recently unveiled the Center for Medical Cannabis Education & Research,...
