Denver Receives First Application For Social Marijuana Use In A Business

More than three months after Denver officially opened the gates, the first application to allow social marijuana use in a business has landed. The applicants seek to take advantage of 2016’s voter-passed Initiative 300, which made Denver the first in the nation to launch a program allowing limited public consumption at businesses […]

A History Of America’s Marijuana Decriminalization Movement In The 70’s

In the past five years, eight states and Washington, D.C., have legalized recreational marijuana for adults. Today, 68 million people live in areas where marijuana is treated like alcohol or tobacco. The drug is sold in stores, millions of tax dollars are being raised from its sale, and an increasing […]

In It’s First Week, Maryland Is Running Out Of Medical Marijuana

Maryland’s medical marijuana dispensaries finally opened this week after years of delay, but many are running out of the drug as limited supply is struggling to keep up with high demand. Five of seven licensed dispensaries that started selling the drug in recent days say they’ve either completely or almost run out […]

DOJ Reminds Marijuana Businesses – You Don’t Have Access To Bankruptcy Aid

The U.S. Department of Justice is issuing another reminder that marijuana businesses don’t have a right to bankruptcy proceedings. “Marijuana continues to be regulated by Congress as a dangerous drug, and as the Supreme Court has recognized, the federal prohibition of marijuana takes precedence over state laws to the contrary,” Clifford […]

Medical Marijuana Sales Have Officially Begun In Maryland

At least 200 would-be customers were lined up outside Rockville’s first medical marijuana dispensary Friday afternoon when one of the owners announced that a cannabis shipment — including elixirs, tablets and flowers — had arrived. Bill Askinazi promised that everyone in line would go home with at least some marijuana, […]

Iowa Health Department Issues First Medical Marijuana Producer License

A new Des Moines company is expected to become Iowa’s first legal producer of medical marijuana products. The Iowa Department of Public Health announced Tuesday that it intends to issue a license to MedPharm Iowa, which would produce medications derived from cannabis plants. Department spokeswoman Polly Carver-Kimm said MedPharm’s permit is expected to […]

GOP Senator Pushes For Tax Cuts For Marijuana Businesses

A Republican senator from a state where marijuana is legal is pushing this week to give cannabis businesses a measure of tax fairness. Sen. Cory Gardner of Colorado wants to attach an amendment to a wide-ranging Republican-led tax reform bill that would allow state-legal marijuana growers, processors and sellers to deduct normal businesses […]

This Marijuana Stock Is Booming Past The Rest

In case you haven’t noticed, marijuana stocks are growing like a weed. A majority of those with a market cap of at least $200 million have had their share price double or triple over the trailing year as optimism surrounding legal weed grows. Rapidly rising sales figures have certainly played […]

With Medical Marijuana On The Way In Texas, Who Will Be Able To Buy It?

In just a few weeks, medical marijuana will legally be sold in Texas. The plants are nearly finished growing in South-Central Texas, which means workers will soon harvest and cultivate them, drying them out and preparing to extract low-level cannibidiol. Once that medicine is in a liquid form, and packaged in drops, […]

Pennsylvania’s MMJ Program Expects Shakeup With Recreational Marijuana In New Jersey

New Jersey is almost certain to legalize marijuana for adult recreational use within a year, and that’s sure to have major repercussions on Pennsylvania’s nascent medical cannabis industry. Gov.-elect Phil Murphy ran on a platform calling for full legalization of all forms of marijuana for anyone over 21. Industry analysts say the […]