It looks like the California Insurance Commissioner has taken a pivotal step for the state’s cannabis industry. On Nov. 2, 2017, Dave Jones approved a commercial insurer’s offering of cannabis business insurance for the first time.
Congresswoman Dina Titus voted for the marijuana legalization measure on Nevada’s ballot a year ago. Since then, she has been fighting on Capitol Hill to get the federal government to respect the decision she and a majority of her constituents made to end prohibition.
Founded in 2010, angel investment network The Arcview Group offers a window to gauge investor interest in legalized marijuana. Arcview’s network has invested $125 million in 157 cannabis-sector companies since 2013; membership in the network starts at $2,500. It plans to launch its own venture fund by the end of 2017.
Canadian Prime Minister Justin Trudeau introduced legislation to legalize recreational marijuana throughout the country, which plans to be in effect on Canada Day (July 1) 2018. Now, many experts have predictions for the Canadian marijuana economy as a result of the cannabis industry becoming legal.
The Pennsylvania medical marijuana registry is now live, bringing patients in the Keystone State closer to medical marijuana access.
Dispensaries might get all the attention, but hemp farmers are getting the acreage – 23,343 acres, to be exact, according to a new study by Vote Hemp, an organization dedicated to advancing the industrial hemp industry. And which state is leading the pack? Colorado, by far.
The Delaware legislature’s Adult Use Cannabis Task Force, which is charged with examining the potential effects of legalizing recreational marijuana in the state, will most likely delay the release of its report until the end of February 2018.
A new tech company has set it sight on making the growing marijuana industry safer. The main goal is to reduce the amount of cash transactions.
In an about-face, Michigan regulators said Wednesday that medical marijuana businesses can stay open while seeking a state license as long as they have been operating with the approval of their local community.
The U.S. Food and Drug Administration has been keeping an eye of the growing popularity of hemp-derived cannabidiol, especially those CBD companies that have been making medical claims.
In the state of Florida, Orange County Commissioners heard emotional testimony from patients and parents as they held the first of two public hearings aimed at deciding whether to ban medical marijuana dispensaries within unincorporated Orange County on Oct. 31, 2017.
In this scene from WEEDIQUETTE, we talk to Camille Browne, an individual claiming to have entered a psychotic state when she was 19, killing Reverend Browning. Could this be because of weed?
Alaska’s cannabis tax revenue continued a steady climb upward in September, with $723,757 collected statewide, according to a state official.
The Keystone State has given the green light to a Luzerne County marijuana facility. On Oct. 31, 2017, Gov. Tom Wolf announced that the Pennsylvania Department of Health approved Standard Farms, LLC, to cultivate and process medical marijuana for the state’s medical marijuana program.
Buying legal marijuana in California could be pricey enough to keep the black market healthy. Between customers, retailers and growers, taxes on cannabis may reach as high as 45% in parts of the state, according to a Fitch Ratings report.
Parents were horrified to hear health officials’ warning to check for marijuana edibles packaged as kids Halloween candy.
Prospective Cleveland medical marijuana businesses may have to start looking outside of Forest City if they hope to have a chance for business progress and prosperity.
While the United States Drug Enforcement Agency’s marijuana research license isn’t awarded lightly, an Ohio-based organization was recently awarded a Schedule I Researcher license by the DEA to study the effects of marijuana.
The Auscann Group Holdings Ltd (ASX: AC8) share price had a day to remember on Tuesday. At one stage the medicinal cannabis company’s shares were up as much as 27% before finishing the day 23.5% higher at 52.5 cents.
A Virginia lawmaker says he’s working on a bill to decriminalize marijuana. The Virginian-Pilot reported Monday that Senate majority leader Tommy Norment does not support full legalization of the drug. But the Republican said possessing it would be a civil offense subject to a ticket or a fine.
Cannabis reform may be coming to the European Union’s most populous country as German conservatives, the Green Party and the Free Democratic Party continue their talks on forming a coalition government. Part of their discussions include an agreement on fully legalizing marijuana and selling the drug through pharmacies or licensed dispensaries.
Drinkable cannabis has been on the rise since the advent of states in America with recreational marijuana legalization and now that Canada is on the brink of implementing recreational legalization, a recently announced strategic relationship has the future of Canadian cannabis beverages looking bright.
Lebanon’s Bekaa Valley is notorious for its highly lucrative cannabis industry. However, in recent years the illicit cannabis trade has suffered due to the war in neighbouring Syria. As a result, some are now turning to another crop for better income.
While Colombia legalized medical marijuana on Dec. 22, 2015, the country has yet to harvest and process any legal Colombian medical marijuana; however, recent government actions are about to change that.
Virginia hemp has become a reality. On Oct. 19, 2017, the University of Virginia announced that it had completed its first successful harvest of the crop.
A special legislative commission is looking into the potential effects of legalizing recreational marijuana in Rhode Island as the state’s northern neighbor readies to allow recreational marijuana sales.
Where there is smoke, there tends to be fire, say medical researchers who found frequent marijuana users have about 20 percent more sex than those who abstain.
Support for legalizing recreational marijuana in the United States has reached an all time high. According to a new a Gallup poll, 64% of Americans support legalizing recreational marijuana, compared to 60% last year and 58% in 2015.
Paul Pierce and Tracy McGrady join The Jump, along with NBA analyst Amin Elhassan, and weigh in on medical marijuana in the NBA.
Shares of Insys Therapeutics, a small-cap biotech with a focus on pain management, plunged as much as 30% on Wednesday after receiving a double whammy.
It looks like the highly talked about seed-to-sale tracking system for marijuana businesses in Washington state is going up in smoke.
A group of 10 U.S. House members is pushing the Trump administration to begin researching medical marijuana’s potential benefits for military veterans struggling to cope with war wounds.
With New Brunswick cannabis set to be cultivated by Organigram (TSXV: OGI) and Canopy Growth (TSX: WEED), the provincial government has now determined that a Crown corporation, not the private sector, will handle retail cannabis sales.
All Greens Dispensary on 99th Avenue and Bell Road will activate the first marijuana drive-thru window in Arizona on Friday now that it has approval from the state.
Medical cannabis may help children suffering from chemotherapy induced nausea as well as seizures, according to a new study published in the October edition of the medical journal Pediatrics.
For decades, the federal government has imposed strict regulations and sanctions on the use of marijuana. It is curious that a plurality of state governments and voters have created policies with disregard for federal policy.
U.S. Attorney General Jeff Sessions is a longtime opponent of marijuana legalization. But in a radio interview on Thursday he was guarded about the Trump administration’s plans to push back against the growing number of states that are ending cannabis prohibition.
Enforcing Canada’s new legal weed comes with a high price tag. The federal government will spend C$546 million ($426 million) over the next five years to implement its new cannabis laws, according to the latest budget forecast.
Retired NBA player Al Harrington takes us behind the doors of his cannabis extract company, then sits down with former NBA commissioner David Stern to discuss marijuana reformation for medical purposes within the league.
Can marijuana make fish relax? That is the question that researchers hoped to answer in a recent study published in the journal Aquaculture Research.
Rep. Matt Gaetz has been in Congress for less than a year, but the Florida Congressman has already become one of the House’s foremost leaders working to reform federal marijuana policies. Just one problem: GOP leadership doesn’t seem especially interested in giving the issue a fair shake.
While some data has been collected on how marijuana affects HIV symptoms, there has yet to be a large-scale study on the topic; however, researchers at the University of Florida are getting ready to change that.
It was only three months ago that Uruguay gave the green light for pharmacies to sell recreational marijuana, but now it looks like the country’s budding hemp crop is going to expand as well.
Knowledge Keiretsu caught up with professional investors Sturges Karban and Urban Smedeby, MJIC, Inc., a Los Angeles-based full-service cannabis company, to get their thoughts on navigating the opportunities and challenges of investing in the legal cannabis market.
Even though the federal government banned cannabis later, individual states began restricting the sale, consumption, and cultivation of cannabis as early as 1911 by introducing some of the first marijuana laws on the books.
On Oct. 23, 2017, the Maine House of Representatives and Senate voted in a special session to approve LR 2395, a bill that would rewrite the Marijuana Legalization Act and pave the way for recreational marijuana sales. The measure will now go to the desk of Gov. Paul LePage, where it faces an uncertain future.
The high-growth industry certainly offers terrific prospects that would be envied by many tech stocks. However, a big hurdle for some investors is investing in “sin stocks,” or what could be perceived as unethical industries and businesses.
While supply shortages may have hampered Nevada recreational marijuana sales when the second month of sales commenced on Aug. 1, 2017, the industry was able to rebound and close out the month of August with more than $33 million in sales.
New Zealand could become the first country in the Asia-Pacific region to legalize cannabis for personal use after an unlikely alliance of populist, centrist and leftist parties put drug policy immediately on the agenda of the incoming government.
For the past two years, Michael Zaytsev has sold tickets to the New York Cannabis Film Festival on Eventbrite. But this year, Eventbrite abruptly pulled the event from its platform and suspended Zaytsev’s account.