industry

Nevada took a gamble on recreational marijuana, and it’s paying off. Dispensaries sold $27.1 million of pot in Nevada, in July alone. That's almost double what both Colorado and Oregon sold in their first months. It's almost seven times what Washington sold. Banking on weed, Nevada made...

If you've lived in L.A. long enough, you probably remember a Venice beach that was gritty, graffitied and full of ganja. The smell of weed was ubiquitous, and would often emanate from the Sunday afternoon drum circle where locals and tourists roll and smoke joints with little discretion. They...

Northern Michigan University is offering students the chance to major in a new program called medicinal plant chemistry — marijuana analysis, basically. The program is the first of its kind at a four-year university in the U.S., according to CBS Detroit. Students will take classes in chemistry...

Los Angeles lawmakers tentatively backed a sweeping set of proposed regulations for businesses that grow, sell, process and distribute marijuana Monday, the next step toward giving cannabis the stamp of local legitimacy. But industry groups said that recent changes to the proposed rules would...

Karson Humiston started a student travel company while she was still an undergraduate at St. Lawrence University in upstate New York. But before she graduated, she'd already decided to do something bigger. Humiston took stock of her growing professional network—mainly comprised of fellow...

Durban - Coastal fields that once produced more sugar than they do now could be planted with hemp for export products that could bring the rand back to a healthier exchange value. Krithi Thaver, founder of the lobby group Canna Culture SA, this week addressed cannabis growers organizing...

In April, Gov. Jim Justice signed Senate Bill 386, legalizing cannabis for medical use within the state. With the new industry poised to make an impact, the West Virginia Medical Cannabis Society (WVMCS) will hold the inaugural West Virginia Medical Cannabis Seminar Sept. 30 at Morgantown...

A tidal wave of establishment money is poised to crash over the state's cannabis industry, overtaking the advocates who spent decades eroding prohibition. That was my takeaway after attending a marijuana industry panel hosted by the Smith, Costello & Crawford Public Policy Law Group on Friday...

When Mona Zhang told her parents she wanted to leave her job to report full-time on cannabis and build up her newsletter, Word on the Tree, they were skeptical to say the least. "When I first told my dad [that] I want to cover cannabis and he was like, 'What's that?' I said the Chinese word...

Compared to a year ago, times may seem tough for those banking on the legalization of marijuana. Attorney General Jeff Sessions, who has raised "serious questions" about legalization, appears less friendly to the cannabis industry than his predecessor. Even after the District of Columbia...

Nevada's gaming industry might be cashing in on marijuana despite the industry's concerns. Governor Brian Sandoval announced Wednesday morning that he signed an executive order directing the state's Gaming Policy Committee to discuss and recommend policy on how casinos should work with...

Having already issued nine business permits for commercial cannabis businesses, Salinas now moves ahead with the establishment of fees and a regulatory framework for the pot industry. At Tuesday's Salinas City Council meeting city, council members are expected to vote on a resolution that...

Hollywood has a drug problem. As America slowly crawls out from under the devastating weight of a failed War on Drugs, much of the entertainment industry still treats legal marijuana as a low-hanging punch line or forgettable, if buzz-worthy backdrop – as opposed to the most significant drug...

A new website launched Tuesday aims to be the cannabis industry's preeminent source for in-depth financial reporting. The Green Market Report will publish news briefs on all facets of the cannabis business, including banking issues, investment, cultivation and extraction, as well as...

I grew up in a strict household. My parents were an interesting blend of hippie and conservative, and my education about drugs went as far as "Don't do them." D.A.R.E. was big back when I was in middle school, and the education about marijuana mirrored the message from my parents, which in the...

Hoban Law Group, the nation's largest, full-service cannabis and hemp law firm, has received approvals and is now airing the first national TV spot for the cannabis industry. The advertisement marks the first time that a national TV spot has used the word 'cannabis.' Bob Hoban, leading legal...

More and more universities in the United States are starting to offer 'cannabis classes' to students wanting to learn more about the plant. Cannabis is a multi-billion pound industry across the pond, with increasing numbers of states seeking to legalize it. As such, we're seeing an...

Robert Eyler, dean of Sonoma State University's School of Extended and International Education, imagines the day when the federal government lifts its prohibitions against cannabis. It's an uncertain possibility, but Eyler is nevertheless preparing for the day when, freed from the constraints...

Hello everyone my name is jack I'm from NYC looming for advice and to learn what I can to be able to begin a long journey in this industry

The marijuana industry is growing like a weed. Sure, the pun is eye-roll worthy, but it accurately describes the superior growth rates at the moment for legal cannabis. According to leading cannabis research firm ArcView, North American legal-weed sales are expected to grow from just $6.9...