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Tax proceeds on Nevada's marijuana sales is continuing an upward trajectory, establishing a new monthly high in October during the fourth month of the state's recreational marijuana program, officials announced Wednesday. The industry brought in more than $5.8 million in October, which...

Nevada's budding recreational marijuana industry posted its highest monthly sales totals yet in October, topping $37.9 million. The state Department of Taxation on Wednesday released the October figures, the fourth full month of recreational sales. Recreational and medical marijuana sales...

There aren't too many industries that can hold a candle to the returns of cryptocurrencies these days, but the marijuana industry isn't going down without a fight. Marijuana stocks certainly have investors seeing green, with a majority of pot stocks in excess of $200 million in market cap at...

San Francisco's legal cannabis consumption could triple to 30 million grams annually in the new era of recreational pot and total sales could hit $240 million, according to a draft city report. Medical marijuana is currently legal in San Francisco and sold by 45 city-permitted dispensaries or...

The Cannabis Control Commission has an executive director, temporary office space and soon it will have the money it needs to build out a legal marijuana market in Massachusetts. The Legislature on Thursday passed a supplemental budget (H 4052) appropriating $2.7 million for the operations...

In case you haven't noticed, the marijuana industry has many investors seeing green. The average pot stock valued in excess of $200 million in market cap has seen its share price double or triple over the trailing year. What's behind this move? Look no further than the notable change in the...

Dutch cannabis breeder Barney's Farm has made a $2.1 million investment in Tel Aviv-listed medical cannabis company Medivie Therapeutic. Barney's received around 244,000 of Medivie's ordinary shares, allocated according to a company value of $14.2 million for Medivie, as well as a seat on...

Nevada's recreational marijuana continued its strong start through the third full month of sales, data released Monday by the Nevada Department of Taxation show. The state's licensed and regulated cannabis dispensaries sold approximately $27.7 million in recreational marijuana in September –...

There will soon be medical marijuana growing operations throughout Northeast Ohio. Last week, the state issued the first licenses for small growing facilities and already, Ohio has made more than $2 million. "Certainly ecstatic, it's a lot of it just because of all the effort," said Dr...

Nevada's legal pot shops sold roughly $33.5 million worth of recreational marijuana products in August, the state Department of Taxation revealed Monday, an increase of nearly 24 percent compared to July, the first month of retail weed sales. Nearly a year after Nevadans voted to legalize...

Nevada dispensaries sold more than $33 million in recreational marijuana and the state pulled in nearly $5 million in total taxes in August, according to numbers released by the Nevada Department of Taxation Monday. That's up from the $27 million in sales and $3.7 million in taxes in July...

Despite strong opposition from former White House Press Secretary Sean Spicer and Attorney General Jeff Sessions, and the overall limitations imposed by federal illegality in the U.S., 2017 is shaping up to be a great year for the North American cannabis industry. As more institutional investors...

The Silver State is seeing green, having hauled in $3.68 million in state tax revenue during the first month of legal marijuana sales. The bulk of the revenue was generated by Nevada's 10 percent retail tax on sales of recreational marijuana, totaling $2.71 million in July, the Nevada...

The first distributions of state marijuana tax revenues -- totaling nearly $85 million -- are on their way to the State School Fund; the Mental Health, Alcoholism, and Drug Services Account; the Oregon State Police; the Oregon Health Authority, and Oregon's cities and counties. All...

Sin City–and other areas of Nevada–are raising some serious cash with their latest vice. July was the first month of legal recreational marijuana sales in the state, which has just announced the tax impact. All totaled, medical and recreational cannabis sales generated $3.68 million in tax...

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...

Nine years after the legalization of medical marijuana in Michigan, not only are the rules confusing, but state and municipalities with medical marijuana ordinances have made little revenue from the industry. The product has not been taxed and the hundreds of dispensaries statewide are not...

While no industry is perfect, if you've purchased marijuana stocks at some point over the past year, you're probably seeing green right now. Of the 14 largest marijuana stocks by market cap, the average gain among them over the trailing 12 months is a better than 100% return. Why such love...

The Trudeau government has earmarked just over $274 million to support policing and border efforts associated with the plan to legalize recreational marijuana use. The government said Friday it is committing $161 million of the money to train frontline officers in how to recognize the signs and...

Canada's biggest licensed producer of medical marijuana has bought land next to its greenhouse production site that will allow it to more than double the total volume of cannabis it can grow, its chief executive said on Thursday. Canopy Growth Corp's Tweed Farms Inc subsidiary expects to...