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More than three years after recreational marijuana sales began in Washington, cities are seeing less and less of the pot revenue the state once promised. As cities struggle with budgets, they're going to feel the pain from money they aren't getting, said Association of Washington Cities...

Cannabis delivery startup Eaze Solutions Inc. has a lofty goal: By fiscal year 2020, it expects to ship the rough equivalent of a 33-foot-cube of marijuana – nearly three joints for every registered voter in the U. S. – to weed fans in America's legal markets. The goal of moving the...

Any private U.S. bank that is insured by the federal government is forbidden by law from knowingly handling money from cannabis businesses. That leaves people in the rapidly growing industry with few options when it comes to dealing with business basics like payroll, taxes, and finances...

Love it or hate it, marijuana has been a hot topic in the U.S. and Canada over the last couple of years. Twenty-nine U.S. states plus the District of Columbia now allow legal use of medical marijuana, with eight states plus D.C. permitting recreational use of the drug. All of Canada allows legal...

If you look around, chances are you won't find many marijuana stocks struggling. In fact, over the trailing one-year period, 12 out of 13 pot stocks with a market cap above $200 million had risen, with a majority up by at least 100%! Marijuana stocks are mostly budding A pretty steady...

Colorado's marijuana retailers have already made more than $750 million in sales halfway through 2017, a 25.7 percent increase compared to the first half of 2016. More than $531 million of those sales were for recreational marijuana, and the rest, nearly $220 million, were for medical...

In November 2016, Dan Osborne voted "no" to Proposition 64 in California, the measure to legalize marijuana for recreational use. He smoked pot in high school, but that was a long time ago, and his perspectives have changed. "I'm a dad and a grandpa. So we've got a responsibility," says...

Cannabis capital markets in Canada are considerably more mature than in the U.S., largely because the substance is federally legal in America's hat, while remaining federally illegal in the Land of Liberty. In this context, a marijuana company hitting a major exchange in Canada is a big deal...

There's a new group in town that's serious about bringing retail pot shops to Colorado Springs. Citizens for Safer Neighborhoods describes itself as "a group of dedicated Colorado Springs business professionals committed to enhancing safety and the economic vitality of Colorado Springs through...

Ohio regulators say they'll need another $5.6 million this year for a medical marijuana tracking database, a toll-free help line and anticipated legal costs responding to lawsuits and complaints challenging the state's licensing process. The Ohio Department of Commerce and State Board of...

When Canadian medical marijuana producer MedReleaf conducted its initial public offering in June, it became the biggest marijuana stock IPO ever in North America. The offering netted a cool $75 million, outraising other Canadian marijuana companies, including Aphria, Aurora Cannabis, and Canopy...

These days, cannabis is Colorado's cash crop. (Ciao, corn!) In the three-and-a-half years since the state began allowing adults to purchase marijuana for recreational use, cannabis has contributed more than half a billion dollars in tax revenue to both state and local coffers. That's...

There's a groundswell of support for cannabis legalisation in the United States, with 29 states, as well as Washington D.C. approved for medicinal cannabis, and eight for lifestyle use. Things are farther ahead in Canada. Regulations for production and sales have been in place for over three...

Colorado has received more than half a billion dollars in tax revenue from marijuana sales since recreational sales became legal in 2014. The benchmark was made in May, but was analyzed in a report released on Wednesday by VS Strategies in Denver based on publicly available data from the...

It was November 2012, and the good people of Colorado were about to buck their leaders. A grand total of two Colorado legislators supported a constitutional amendment to legalize the recreational use of marijuana. The people paid the detractors no mind. The vote wasn't even close. Soon...

Legal marijuana is big business in Colorado. May marked the 12th consecutive month weed sales exceeded $100 million. Colorado outlet The Cannabist has calculated that the state sold $127 million worth of marijuana products in May 2017 alone, the 12 month in a row sales have topped the $100...

The New York City subway–and lots of other important stuff people rely on across the country–is in a state of brutal disrepair. Legalizing weed could help. Like so many of the trains on America's largest subway system lately, Donald Trump's infrastructure plan is mired in delays. In May...

There is sadness about the eventual destruction of this community's school, parts of which were built 100 years ago. Many people in this town of 570, long past their teen years, still attend the annual homecoming dance in the school's gym and reminisce about old flames and football...

Sin City's latest vice is fast turning into a crowd favorite statewide. Legal recreational marijuana sales in Nevada generated $3 million in sales revenue and roughly $500,000 in tax revenue in their first four days, according to the Nevada Dispensary Association. That puts the state on track...

Marijuana industry insiders agree that it isn't easy to make money on the cultivation side of the business anymore, but that isn't stopping the money that is flooding into the real estate side of the business. According to New Frontier Data, cultivation and retail was the top sector for capital...