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Kentucky Approves CBD Extracts Law
Kentucky has joined Utah on the short list of U.S. states to legalize cannabidiol (CBD) for medical purposes. Kentucky Gov. Steve Beshear recently signed into law Senate Bill 124, which…
News April 14Maryland Revives Medical Cannabis Program, Passes Decriminalization
Maryland lawmakers have revamped the state’s medical marijuana program by establishing a framework of rules that is similar to those found in other medical marijuana states. The new program dissolves…
News April 14
Public Companies Setting Sights on Medical Marijuana Cultivation, Edibles
By Chris Walsh Publicly traded companies in the cannabis space have traditionally shied away from handling marijuana directly, focusing instead on hemp-based products and ancillary offerings such as growing equipment…
News April 14Denver Rec Shop Projects $10M-$12M in 2014 Sales
The owner of one of Colorado’s largest recreational marijuana stores projects his 2014 revenues will more than double his sales as a medical marijuana dispensary. Andy Williams, owner of the…
News April 14
Money Show Wrap-Up: Financial Lessons for Cannabusinesses
Financing, taxes and cash management – three of the most important topics for cannabis entrepreneurs – took center stage during last week’s CannaBusiness Money Show events in Boston, Chicago and…
News April 11GrowLife Trading Halted by SEC, Cannabis Stocks Drop
The U.S. Securities and Exchange Commission has temporarily halted stock trading for GrowLife Inc. (PHOT), which trades on the over-the-counter bulletin board. In a press release, the SEC said it…
News April 10Boston Mayor Aims to Block Dispensaries
Boston mayor Martin Walsh will try to block the city’s two planned medical marijuana dispensaries, pending the results of a review by the Department of Public Health. This week, Walsh…
News April 10NJ Voters Split on Decriminalization, Oppose Rec
New Jersey voters are split down the middle when it comes to legalizing marijuana possession, however they do not support creating a recreational industry. A recent poll conducted by Monmouth…
News April 10Recreational Sales Rise 5%, But Actual Growth Much Bigger
Sales at Colorado recreational marijuana shops rose 5% in February to hit $15.1 million, according to an extrapolation of the latest tax data released by the state. The figures are…
News April 9
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