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Florida Republican Files Proposal to Legalize Medical Marijuana

Entrepreneurs continuing the fight for medical marijuana in Florida have found an ally in Republican State Sen. Jeff Brandes, who has filed a measure to legalize MMJ. Senate Bill 528,…

News January 27

California Tribe Inks MMJ Deal

It’s official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced that it has solidified a deal with FoxBarry Development Company to build a 90,000 square…

News January 27
marijuana uncertainty

Delays, Uncertainty Leave Illinois Medical Marijuana Entrepreneurs in the Lurch

By John Schroyer Illinois’ budding medical marijuana industry has been reeling since former Gov. Pat Quinn’s last-minute and highly controversial decision to leave office without signing off on business licenses…

News January 27
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Former Illinois Gov’s List of License Finalists Revealed

Former Illinois Gov. Pat Quinn, who left office earlier this month without granting medical marijuana business licenses as initially planned, had a shortlist of companies ready to go. The list…

News January 26

1,600+ Applicants for 10 Rec Licenses in Colorado County

How popular is the marijuana business in Colorado? Here’s one indication: A single county that plans on issuing a total of 10 business licenses received roughly 1,608 applications in a…

News January 26

Report: Cannabis Sales Rise 74% in 2014

Medical and recreational marijuana sales jumped 74% last year to hit $2.7 billion compared with roughly $1.5 billion in 2013, ranking cannabis as the fastest-growing industry in the United States,…

News January 26
marijuana investments in 2014

Chart of the Week: Comparison of 2014 Investment Activity in Marijuana vs. Other Industries

By Jennifer Mann Last year was a significant one for cannabis investments. U.S.-based private equity firms, venture capitalists and major angel investors pumped $95 million into marijuana businesses in 2014…

News January 26
marijuana moratorium

Social Media, App Sites Take Hard Line Against Cannabis Businesses

Fearing legal repercussions if their users break the law, Instagram and Apple’s App Store are reportedly cracking down on businesses promoting marijuana-related products or services. Some dispensaries, retail stores and…

News January 23

MMJ Bill Introduced in Nebraska, Despite Interstate Cannabis Lawsuit

How’s this for irony: A lawmaker has introduced a bill to legalize medical cannabis in Nebraska, even though the state’s attorney general is pursuing a lawsuit against Colorado over its…

News January 23
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