On June 20, 2017, Battelle, an Ohio-based non-profit research and development organization that has studied tobacco for the past 50 years, announced that it would be expanding its research efforts to include marijuana and opioids.
As California’s medical marijuana industry has grown to an $800 million dollar business, one company is hoping to take advantage of that by delivery the product directly to the customer.
On June 21, 2017, the Massachusetts House of Representatives voted overwhelmingly to approve a bill that would impose a major overhaul of the state’s recreational marijuana laws.
A new study finds an increase in accident insurance claims in three marijuana states that have approved the sale of cannabis for recreational use.
Florida may have legalized medical marijuana in 2016, but that hasn’t stopped Orlando International Airport from banning the substance on its property.
Shares of Cara Therapeutics Inc., a clinical-stage biotech company with a focus on treating pain and pruritus, rocketed higher by as much as 11% during Wednesday’s trading session after providing an update to its phase 3 trial involving kappa opioid receptor agonist CR845.
Mexican medical marijuana businesses and their investors will have a long time to wait before seeing profits from the newly legalized industry.
On June 21, 2017, attorney Jasmine Rand announced that her client, Jawara McIntosh, son of iconic reggae artist Peter Tosh, was beaten into a coma on Feb. 21, 2017, at New Jersey’s Bergen County Jail while serving six months for cannabis-related charges.
Cannabis startups among other entrepreneurs are receiving a big platform to represent the emerging marijuana industry at this year’s San Diego Startup Week.
Canada’s recreational cannabis legalization is planned for a rollout in July 2018, but provinces and territories are in charge of drafting and establishing jurisdiction-specific rules, so they’ve been working hard to create rules that fall within the country’s legalization framework.
On June 19, 2017, Mexican President Enrique Peña Nieto signed a measure into law that legalizes marijuana for research and medicinal purposes.
Though there are a number of direct players in the industry, some of the most surprising growth can be seen in emerging industry players. One such name is Scotts Miracle-Gro.
Post-traumatic stress disorder may become the next condition approved for the New York medical marijuana program after state lawmakers gave their approval on June 20, 2017.
A judge has extended a temporary order that prevents the state from issuing distribution licenses to existing medical marijuana dispensaries so they can begin recreational sales July 1.
The Pennsylvania medical marijuana program is getting closer to being operational. On June 20, 2017, the Pennsylvania Department of Health announced that it had issued 12 grower/processor permits, with the clock ticking on permittees to have their facilities operational within six months before they can start cultivating medical marijuana.
On Tuesday, June 20, 2017, Pennsylvania’s Department of Health is to announce which companies are the first to receive medical marijuana permits.
Oklahoma medical marijuana legalization may become a reality in 2018 as a legalization initiative has qualified for the state’s 2018 ballot.
Democratic lawmakers in the Garden State are making moves on a New Jersey recreational marijuana bill. On June 19, 2017, the state Senate Judiciary Committee held a formal hearing on S-3195, a bill that would legalize, tax and regulate recreational marijuana in the state.
On July 1, 2017, Nevada will legalize the use and sale of recreational marijuana, which could be a catalyst for long-term gains for three cannabis stocks.
The industry and the Canopy Growth Corp. were going to be the next big thing for investors, but things have cooled down gradually over the past few months.
Application forms are available for people wanting to apply for licenses to operate Arkansas medical marijuana cultivation centers and dispensaries, the state Department of Finance and Administration said Monday.
While Pennsylvania is processing hundreds of medical cannabis business applications, one private Pennsylvanian research university is already making plans to conduct a medical cannabis autism study.
A new California bill making its way through state legislation would allow county fair vendors to sell pot alongside the corn dogs and cotton candy.
On June 16, 2017, the Massachusetts Senate introduced an outline to a bill that preserves the current tax rate on retail marijuana sales. The proposal is in stark contrast to the measure put forth by the Massachusetts House of Representatives.
According to a press release from Health Canada in late May, big changes are coming to the country’s medical cannabis program.
On June 15, 2017, the United States Securities and Exchange Commission called hemp oil fraud on a public company, filing a complaint in federal court that claims CV Sciences (OTCQB:CVSI) , formerly known as CannaVEST, and its CEO, Michael Mona, Jr., intentionally overstated the company’s total assets.
The first cannabis stock ETF of its kind, the Horizons Marijuana Life Sciences Index ETF allows investors to own more than a dozen pot stocks through a single investment fund. Today, however, is a different story.
Vermont just might get another chance at legalizing recreational marijuana. According to the Associated Press, Vermont Gov. Phil Scott has said that he still thinks it’s possible to reach a legalization deal before the legislature meets for a special two-day veto session.
Medical Marijuana, Inc. holds the distinction of being the first publicly listed marijuana stock, and its diversity is rare, but is it worth investing in?
Two online marijuana shipment businesses are under investigation by Denver’s Better Business Bureau. On June 15, 2017, the BBB announced that it was investigating Denver Marijuana and Denver Smoke Buds for illegally mailing marijuana, among other reasons.
Thanks to a 2% gain to 49 cents today, the Cann Group Ltd (ASX: CAN) share price has now risen over 63% since hitting the ASX boards.
A group of lawmakers reintroduced a bipartisan medical cannabis bill just days after a letter surfaced from Attorney General Jeff Sessions that asked Congress to let him prosecute medical cannabis users.
In this Cal Can Biz interview, watch Caroline Cahill, Managing Editor of http://www.MJINews.com and Marijuana Industry News magazine, interview Mara Gordon, founder of Aunt Zelda’s.
Making a marijuana dispensary tax payment without a bank account is difficult for numerous reasons, but now dispensary owners might also have trouble trusting the actual tax man collecting the payment.
A vote in the Massachusetts House of Representatives to alter the state’s recreational marijuana laws has been delayed due to concerns from members of the Democratic caucus.
The state has recreational marijuana is tested, but in Colorado medical marijuana isn’t held to the same standard.
In late May, MedReleaf priced its public offering at just over $7 per share. The marijuana stock IPO raised a whopping $75 million. Unfortunately, things didn’t work out as planned for pot investors or MedReleaf.
In an effort to protect Pennsylvania medical marijuana patients from federal enforcement actions, Pennsylvania Gov. Tom Wolf sent a letter to United States Attorney General Jeff Sessions on June 15, 2017, saying that the federal government should not interfere with the state’s medical marijuana program.
Here is a novel concept could increase the safety of cannabis deliveries and be a boon for marijuana stocks: drone deliveries. Not only will drone deliveries increase safety, but they will also make delivery faster and more convenient.
Kentucky’s criminal ban on medical marijuana is being challenged in a lawsuit that says its use could help combat the state’s opioid addiction woes.
Louisiana State University has reviewed all seven applications submitted by prospective marijuana contractors and has determined that production contract for the LSU medical marijuana program should be awarded to a public company.
On June 12, 2017, the Maine state senate voted to approve LD 764, a bill that would prevent medical marijuana patients from being denied organ transplants.
John Tory said Tuesday that he believes the possession of small amounts of marijuana for personal use should have been decriminalized “years ago,” but that Toronto police should continue to target illegal dispensaries across the city.
On June 12, 2017, the MedMen Opportunity Fund, a California-based private equity fund focused on the legal marijuana industry, filed Form D with the United States Securities and Exchange Commission, indicating that it had raised approximately $60 million of its $100 million offering.
MedReleaf Corp. is the latest cannabis stock to hit the TSX. Could they be the spark to reignite the second wave of the green rush?
On June 13, 2017, the Arkansas Administrative Rules and Regulations Subcommittee approved the Alcoholic Beverage Control Board’s proposed rules for the state medical marijuana program.
Lawmakers reviewing the Massachusetts’ recreational marijuana law plan to recommend sharply higher taxes and more control for city and town officials over retail pot shops in their communities, according to a copy of a House proposal obtained Tuesday by The Associated Press.
Canadian cannabis decriminalization has earned the support of Toronto’s Board of Health. On June 12, 2017, the board voted unanimously to request that the Government of Canada immediately decriminalize the possession of cannabis for personal use.
During a special session which wrapped up on June 9, the Florida legislature passed new rules for its medical marijuana measure. Florida will have more than double the current amount of medical marijuana operators in the state under a proposal approved by lawmakers.
United States Attorney General Jeff Sessions personally pleaded with Congress to oppose a provision in the federal spending bill that protects medical marijuana providers operating in accordance with state laws from federal enforcement actions so that the Department of Justice can prosecute medical marijuana cases.