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GW Pharma

GW Pharma Reports Positive Results and Stock More than Doubles by Mid-Day

On March 14, 2016, GW Pharmaceuticals (NASDAQ: GWPH), a biopharma company with two promising cannabis-based medications, announced positive results for the first pivotal Phase 3 study of Epidiolex, a CBD-based medicine, in treating Dravet syndrome, a severe form of pediatric epilepsy.

Nebraska

Nebraska Takes Second Look at Medical Marijuana

On March 3, 2016, Shelley Gillen, a mother whose 13-year-old son suffers from severe epileptic seizures, met with Nebraska Sen. Sue Crawford in an attempt to convince the senator to support LB 643, a bill introduced by Sen. Tommy Garrett that would establish the Cannabis Compassion and Care Act.

Paiute Tribe

Las Vegas Paiute Tribe Breaks Ground on New Dispensary

On Feb. 29, 2016, the Las Vegas Paiute Tribe broke ground on a new medical marijuana dispensary near downtown Vegas, with additional plans to open a cultivation facility on the tribe’s Snow Mountain Reservation.

Warren

Elizabeth Warren Proposes Marijuana Research to Tackle Opioid Crisis

At a U.S. Senate Aging Committee hearing entitled, “Opioid Use Among Seniors – Issues and Emerging Trends,” on Feb. 24, 2016, Sen. Elizabeth Warren, D-Massachusetts, discussed how investing in medical marijuana research could help tackle the opioid crisis among senior citizens.

Las Vegas Officer

Retired Police Officer Opens Dispensary in Vegas

The Apothecarium, a medical marijuana dispensary in Las Vegas, opened for business on Feb. 20, 2016. At the helm of the operation is co-owner Dave Kallas, a retired Las Vegas police officer who had 21 years on the force.

Bill Maher

Bill Maher Smokes a Joint on TV to Make a Point About Legalization

On Feb. 12, 2016, on “Real Time with Bill Maher,” host Bill Maher directed his “New Rules” editorial segment to proponents of marijuana legalization, reminding them that legalization is not guaranteed, even if it is recreationally legal in four states.

Sacramento

Sacramento Becomes Biggest City in Cali to Permit Large-Scale Cannabis Cultivation

On Feb. 2, 2016, Sacramento City Council passed a new ordinance that allows a building zoned for agricultural or commercial use to operate as a cultivation facility, with such a facility now allowed to be up to 22,000 square feet in size.

Blumenauer

Blumenauer Briefs US House on Needs of Legal Marijuana Industry

On Wednesday, Oct. 21, 2015, Oregon Rep. Earl Blumenauer requested an end to marijuana prohibition during the morning hour portion that preceded the House’s regularly scheduled legislative session.

billion dollar industry

Inside America’s Billion-Dollar Weed Business: The Grass is Greener

In a city with dispensaries as common as coffee shops, Denver is undoubtedly the epicenter of the legal marijuana movement. And if you’re in the business of bud, it’s a good place to be: Colorado accounted for a third of the country’s 2.7 billion dollar marijuana market last year.

KTVA

KTVA Reporter Quits On-Air, Reveals Herself as Owner of Alaska Cannabis Club

Reporter Charlo Greene quit on-air during KTVA-TV’s 10 p.m. newscast Sunday, revealing herself as the owner of the medical marijuana business Alaska Cannabis Club and telling viewers that she would be using all of her energy to fight for legalizing marijuana in Alaska.

Enterprise

Pot entrepreneurs seek dollars at ArcView Chicago forum

Garyn Angel had five minutes to make his pitch to five wealthy investors on why they should fund his marijuana startup. “We have 133,000 Facebook followers,” said Angel, president and CEO of Seattle-based Magical Butter, which sells cookware to make marijuana-infused butter, oils, sauces or lotions. “We’re looking for $2 million to $3 million.” Read

System

Inside Canada’s New Corporate Weed System

In this episode of Canadian Cannabis, Damian visits two gigantic weed factories in Ontario to check out what kind of bud the government has legally authorized. He also chats with pot activists throughout British Columbia to get their take on the new licensed producer system.

Recreational Sparks

Budding Recreational Pot Industry Sparks Innovation and Investment

Recreational marijuana is legal in Colorado and Washington state, and though it’s still illegal under federal law, more states are considering the move, setting the stage for a potential gold rush that could conceivably rival the repeal of prohibition. Economics correspondent Paul Solman talks to entrepreneurs looking to cash in on the cannabis industry.


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