Since the substance was legalized in California last year, MedMen, a company which specializes in a range of marijuana-related products including seeds, vapes and biscuits, has launched a $100million (£73.8million) investment fund aimed at attracting the support of high-profile stars.
As...
Shares of Canadian cannabis companies were in free fall on the stock markets Thursday, after news that the Trump administration may allow crackdowns on marijuana in states where it has been legalized.
According to a report from the Associated Press, U.S. Attorney-General Jeff Sessions is...
The Trump administration on Thursday will free federal prosecutors to more aggressively enforce marijuana laws, effectively threatening to undermine the legalization movement that has spread to six states, most recently California.
The Justice Department is expected to rescind an Obama-era...
2017 was the year the other shoe didn't drop on the nation's marijuana industry.
Under President Obama, the federal government grudgingly accepted the states' gradual liberalization of their marijuana policies. While marijuana remained illegal under federal law, an increasing number of states...
The past year has been a pivotal one for pot policy.
A record high 64 percent of Americans supported legalizing marijuana for recreational use, according to a 2017 Gallup Poll, which means the U.S. will likely see more states jumping online in the coming year. Recreational marijuana now is...
More and more students across the county that are hoping to find a career in cannabis are turning to a 'Marijuana Major.'
College students from more than 38 states and several spots around the globe are now studying 'Medical Plant Chemistry' at Northern Michigan University. Legal issues...
As we approach the end of 2017, it's not clear whether Congress will renew the Rohrabacher-Blumenauer amendment, which prohibits the Justice Department from interfering with state medical marijuana laws. James Higdon, writing in Politico Magazine, argues that the demise of the spending rider...
Election Day 2016 was a big day for marijuana. Voters in California, Maine, Massachusetts, and Nevada all supported successful legalization initiatives, doubling the number of states to have done so since 2012 and more than quadrupling the percentage of the national population that now lives in...
Some surprising new numbers are out about the Silver State's marijuana industry.
The Nevada Dispensary Association surveyed it's members and now we're getting a better picture of how big the industry is beyond just looking at sales and tax revenues.
State lawmakers from across the U.S. are in...
It’s the holiday season, and for many of us, that means spending time with family. And I don't mean the family you choose—I mean the family that might hit you up for a spare organ at some point because you are a genetic match. Those people. Yeah.
Time spent with difficult family members can...
There's a reason the legal marijuana industry is known as the "green rush." According to a report from Marijuana Business Daily, entitled "Marijuana Business Factbook 2017," the U.S. legal cannabis market is expected to grow by 45% in 2018 and by an aggregate of 300% between 2016 and 2021. By...
Nevada may be cruising smoothly toward its second year of legalized recreational marijuana, but the outlook for cannabis is vastly different in states across the country.
Early adopter states such as Colorado and Washington are pulling in big bucks – they're projected to have annual...
Last week, Attorney General Jeff Sessions signaled a potential change in federal marijuana policy, saying at a press conference that the Department of Justice was working "very hard right now" to develop "a rational policy" toward marijuana.
Currently, marijuana remains illegal under the...
Back in 2009 I wrote a piece for the magazine about marijuana legalization. One of the things I learned is that a key question about the effect of legalization is whether marijuana and alcohol are substitutes or complements.
If alcohol and marijuana are substitutes, it means that higher sales...
Prospects for tax cuts are greater than ever now that the U.S. Senate narrowly approved a GOP tax bill early Saturday morning. The House of Representatives passed another version of tax reform in November. Now, the two chambers must work out their differences to produce a final bill for...
A federal judge has rejected a Southern California cannabis company's request to resume growing hemp for "research" purposes in the Delta.
Cannabis Science Inc., along with the Winnemucca Shoshoni tribe of Native Americans and a business calling itself "American States University," asked the...
Alcoholic beverage sales fell by 15 percent following the introduction of medical marijuana laws in a number of states, according to a new working paper by researchers at the University of Connecticut and Georgia State University.
The study adds to a growing body of evidence showing that...
Jeff Sessions is suggesting that federal authorities will crack down on marijuana even in states where it has been legalized for recreational use.
The attorney general hinted of a coming Department of Justice crackdown on the drug on Wednesday, suggesting there were likely to be changes to...
Over the past few decades, the two statements most associated with the Republican Party are probably "No new taxes" and "Just say no." Most Republican lawmakers believe that more money should remain in people's pockets and less in government coffers (lower taxes).
They also believe the way...
Indiana Gov. Eric Holcomb is directing state excise police to resume checking stores for marijuana-derived oils after the state's attorney general declared them illegal with one limited exception.
Holcomb says in a statement Tuesday that excise police will "perform normal, periodic regulatory...
