Author Archives: Repost

No Bankruptcy Aid for Marijuana Businesses, Justice Department Officials Say

No Bankruptcy Aid for Marijuana Businesses, Officials Say

No Bankruptcy Aid for Marijuana Businesses, Officials Say

The U.S. Department of Justice is issuing another reminder that marijuana businesses don’t have a right to bankruptcy proceedings.

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Government Shutdown Could Allow Marijuana Crackdown

Funding for the federal government is set to run out on Friday, unless Congress enacts a bill extending current spending levels. Also set to expire is a current rider that prevents the Department of Justice from interfering with state medical cannabis laws.

Oregon Medical Marijuana Loses Foothold to Recreational Industry

Oregon Medical Marijuana Loses Foothold to Recreational Industry

A medical marijuana card used to be the key to buying and possessing pot in Oregon. But the rise of recreational marijuana is making the cards primarily valuable only as a discount card.

Canada’s Aurora Cannabis Boosts Stake in Australia-Based Cann Group

Canada’s Aurora Cannabis Boosts Stake in Australia-Based Cann Group

Canada’s Aurora Cannabis Inc (ACB.TO) said on Monday it increased its stake in Australia-based Cann Group Ltd (CAN.AX) to 22.9 percent from 19.9 percent, its latest move to expand in the cannabis industry.

How to Buy Marijuana Stocks Quickly and Easily With This New Fund

How to Buy Marijuana Stocks Quickly and Easily With This New Fund

The first U.S. exchange-traded fund, ETF, to focus on marijuana stocks is launching Dec. 26 — days before California legalizes recreational cannabis use on January 1.

MMJ Took a Bite Out of Alcohol Sales. Recreational Pot Could Take More.

MMJ Took a Bite Out of Alcohol Sales. Recreational Pot Could Take More.

Alcohol sales fell by 15 percent following the introduction of medical marijuana laws in a number of states, according to a new working paper by researchers at the University of Connecticut and Georgia State University.

Regulation Questions Swirl as Sacramento Draws Closer to Recreational Marijuana

Regulation Questions Swirl as Sacramento Draws Closer to Recreational Marijuana

For months, Joe Devlin and his team have been working to create the rules and regulations for each aspect of Sacramento’s cannabis industry, including cultivation, delivery, dispensary, testing, and transportation.

5 Things You Didn’t Know About the Alaska Marijuana Economy

5 Things You Didn’t Know About the Alaska Marijuana Economy

In February 2015, Alaska became one of the first states to legalize recreational marijuana with a 53% vote in favor of the drug. Even though cannabis was made legal in the state, it took another year for Alaska to approve cannabis retail stores and manufacturers. Now, since the state has approved full legalization, the industry has grown, affecting Alaska’s economy in a number of ways.

Marijuana Advent Calendar Sales Soar Despite Health Warnings

Marijuana Advent Calendar Sales Soar Despite Health Warnings

A Vancouver cannabis company is scrambling to keep up with a flood of orders for marijuana-filled advent calendars, but the novel take on a popular Christmas tradition has some health experts ringing alarms.

San Francisco Muni Bans Cannabis Ads on Its Buses

San Francisco Muni Bans Cannabis Ads on Its Buses

Cannabis ads on Muni buses are set to disappear in metaphorical a puff of smoke. Ads for recreational pot will be banned going forward on San Francisco’s public transit system after a vote by the San Francisco Municipal Transportation Agency on Tuesday.

Task Force Discusses Legalization of Medical Marijuana in Kentucky

Task Force Discusses Legalization of Medical Marijuana in Kentucky

State officials met Tuesday in hopes to legalize medical marijuana here in Kentucky. A task force lead by Kentucky’s Secretary Of State Alison Lundergan Grimes met in Frankfort Tuesday afternoon to explore the possibilities.

Canada Weed Stocks Come Off High as Challenges Loom Before Legalization

Canada Weed Stocks Come Off High as Challenges Loom Before Legalization

Canada’s weed stocks, which have surrendered some of the potent gains that pushed them to record highs this month, face a bumpy ride in 2018 that could purge smaller players, as the country moves to allow recreational use of cannabis in July.

Congressman Steve Cohen Grills Jeff Sessions Over Federal Marijuana Laws

Congressman Steve Cohen Grills Jeff Sessions Over Federal Marijuana Laws

Congressman Steve Cohen (D-TN 9th District) questions Attorney General Jeff Sessions on America’s marijuana laws and Session’s infamous quote “good people don’t smoke marijuana.”

The New York Stock Exchange is Getting Its First Weed Fund

The New York Stock Exchange Is Getting Its First Weed Fund

A subsidiary of the New York Stock Exchange launches trading on Dec. 26 for its first-ever marijuana fund, a major step for an industry that’s struggled to access mainstream U.S. financial instruments, even as Canadian markets have kicked off marijuana investment.

Cash Crunch Holds Up Michigan Pot Legalization Push

Cash Crunch Holds Up Michigan Pot Legalization Push

A group seeking to legalize recreational marijuana in Michigan says it has collected enough signatures to qualify for the 2018 ballot but is struggling to pay off the professional firm it hired to gather them.


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