Illinois State Treasurer Urges Trump to Let Banks Work with the Cannabis Industry

Illinois State Treasurer Michael Frerichs issued a press release Monday, urging the Trump administration to give clear guidance to financial institutions regarding medical marijuana. In his letter, he urged President Trump to reassure banks that they will not face penalties or prosecution for doing business with state-licensed marijuana growers and dispensaries…

Denver: First U.S. City to Allow Public Cannabis Use

Denver is one step closer to setting guidelines for public marijuana use in clubs and businesses located in Denver. The initiative, passed by voters in November, allows adults 21 and older to consume cannabis at marijuana clubs and places like yoga studios, art galleries, and coffee shops…

Will Jeff Sessions Crack Down on Legal Marijuana?

In his Senate confirmation hearing on Tuesday, Sen. Jeff Sessions (R-Ala) answered questions about his stance on marijuana and the enforcement of federal laws. Sessions, President-elect Trump’s choice for U.S. attorney general, has been a staunch opponent of legal cannabis, making many in the cannabis industry nervous…

Cannabis Legalization Backers Give Free Marijuana on Inauguration Day

In response to Senator Jeff Sessions’ nomination for attorney general by President-elect Trump, a group of marijuana advocates are lighting up in protest at the upcoming inauguration. The protest isn’t anti-Trump or looking to disrupt the inauguration. “The main message is it’s time to legalize cannabis at the federal level.”…

2016: The Year in Weed

As a result of November’s election, medical cannabis is legal in more than half of U.S. states. Medical marijuana measures were approved in Arkansas, Florida, North Dakota. In Montana, existing medical cannabis rules were expanded by removing the three-patient limit for providers…

Recreational Marijuana Won’t Tax Nevada’s Budget

Nevada state regulators are confident that launching the recreational marijuana market won’t strain the state budget, in large part because they plan to use funds from the state’s medical marijuana program to offset startup costs. The Question 2 ballot measure takes effect on January 1, making it legal for adults 21 and older to possess up to an ounce of marijuana…

The State of Marijuana: 2016

We made it! The election is finally over–and the big winner is definitely cannabis. Recreational marijuana initiatives were on the ballot in five states, with Arizona as the only holdout. As of Tuesday’s election, medical cannabis is legal in more than half of U.S. states (28 states and Washington D.C.)…

Cannabis is Quickly Becoming Colorado’s Largest Industry

Total 2015 numbers for the Colorado cannabis industry were $996 million in marijuana sales and $121 million in new taxes. The cannabis industry is the fastest-growing business sector in the state and has created 8,005 direct and ancillary full-time jobs in 2015…

Florida Vote Could Create the Country’s Second Largest Medical Marijuana Market

On November 8th, Floridians will once again vote on a proposed medical marijuana amendment. Amendment 2 would broaden medical marijuana access and expand the number of debilitating conditions eligible for treatment….

Boom Time: Four Cannabis Companies Among Elite Inc. 500 List

Inc. magazine has named four cannabis companies in its annual list of the 500 fastest-growing private companies in the country. The rankings include companies in mainstream industries and are a subset of the Inc. 5000 list…

Marijuana Buyer’s Remorse? Not in Colorado

Four years after voters approved Amendment 64, do Coloradans regret legalizing cannabis? Not according to a new poll that shows the majority of voters in the state, 51 percent, would oppose repealing the amendment if it were to appear on the ballot…

Nevada Looks to Expand Legal Cannabis Market

This November, voters in Nevada will consider whether or not to approve the sale of recreational marijuana. The state already has a medical cannabis program, which includes eight specific conditions that qualify patients for a medical marijuana card…

Mary’s Medicinals Awarded Patent for Cannabis Transdermal Technology

In a rare move, the Patent and Trademark Office granted Colorado-based Mary’s Medicinals a patent for its Transdermal Pen, a cannabis infused gel that provides a controlled release of medication, accurate dosing and discrete application…

Getting High at Mile High: O.PenVape Seeks Naming Rights for Denver Bronco’s Home Stadium

O.penVape announced May 19th that they have “submitted a proposal to partner with the Metropolitan Football Stadium District, home of the Denver Broncos, to sponsor Denver’s landmark stadium.”…

Oregon City Councilor Opens Cannabis Shop

Clay Bearnson, a member of the Medford City Council, is the first councilor in Oregon to own a dispensary. Medford, Oregon, known for its tough stance on legalized marijuana, now has three medical marijuana dispensaries…

Colorado Bill Creates New “Marijuana Transporter” License

On Monday, Colorado lawmakers approved a bill for a new kind of marijuana license for weed couriers. Colorado now has a dozen marijuana companies that transport marijuana from manufacturing and grow locations to dispensaries…

Whoopi & Maya Take on Menstrual Pain w/ Cannabis

Whoopi Goldberg and Maya Elisabeth, founder of Om Edibles in San Francisco, have started a new medical marijuana business aimed at relieving menstrual cramps. The company, named Whoopi & Maya, will begin selling topicals and edibles in California this month…

Hemp Growers Boost Growing Industry

Hemp farmers in Colorado are looking to become the first to certify seed for industrial crops. The certification, which will be issued by the Colorado Seed Growers Association, will verify genetics, THC content and cultivation techniques…

Presidential Candidates Weigh in on Marijuana

Both marijuana and the political race have dominated the news in recent months, and the outcome of the presidential election could have a huge impact on marijuana policy nationwide. Democrats and Republicans have widely different positions on medical and recreational cannabis…

Insurance Policy Refuses to Pay Damages to Marijuana Dispensary

A suit filed by Green Earth Wellness Center against insurance company Atain was granted in part and denied in part. The Colorado Springs based medical marijuana dispensary made a claim after a 2012 wildfire damaged the grow operation’s ventilation system, resulting in damage to growing plants and harvested buds…

Facebook Gives a Big Thumbs Down To Cannabis Pages

In a move that’s likely to hurt cannabis businesses, Facebook has shut down more than 20 medical and recreational dispensaries across the country. Over the last week, dispensary owners received letters from Facebook indicating a violation of the social media company’s community standard…