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 […]

Marijuana Legalization Group To Submit 360k Signatures For Michigan Proposal

 A group seeking to legalize recreational marijuana in Michigan has cleared a fund-raising hurdle and is preparing to submit roughly 360,000 signatures to the state for a potential 2018 ballot proposal. The Coalition to Regulate Marijuana Like Alcohol plans to file petitions Monday. “We have been working hard all summer […]

First Medical Marijuana Dispensary Set To Open In Maryland

SALISBURY, Md.- The first medical marijuana dispensary on the Eastern Shore of Maryland could open within weeks in Salisbury. Other dispensaries are preparing to open as well, possibly next year. They will all do so with a unique set of challenges. Peninsula Alternative Health on Snow Hill Road will be the first […]

Peruvian President Signs Medical Marijuana Bill Into Law

Peruvian president Pedro Pablo Kuczynski (PPK) has signed the first law that regulates the medicinal and therapeutic use of medical marijuana, an unprecedented decision in the country’s history. During the signing, PPK, who was accompanied by the premier Mercedes Aráoz and the Minister of Health, Fernando D’Alessio, stressed that “the government […]

Aurora Cannabis Looks To Make $3 Billion Merger With CanniMed Therapeutics

Look out, Canopy Growth Corporation. Your reign as the pure-play marijuana stock with the highest market cap might not last for long. On Tuesday, Aurora Cannabis announced that it had submitted a proposal to acquire all shares of another Canadian marijuana grower, CanniMed Therapeutics. Aurora is offering to buy CanniMed, which trades on the Toronto Stock […]

Previously Opposed, This Former Police Chief from Toronto Now Runs a Cannabis Company

Once an outspoken critic of legalizing pot, Julian Fantino says he changed his mind after veterans convinced him of the benefits of medical marijuana in treating post-traumatic stress disorder and managing pain. The former Toronto police chief was recently named executive chair of a GTA medical marijuana company. Fantino told […]