California Opens for Recreational Marijuana Sales

Recreational marijuana sales in California officially began January 1. The most populous state in the nation, California is home to nearly 40 million people–and expectations are high that the state’s marijuana market will earn billions of dollars…

Denver Coffee Shop First to Apply for Social Pot Use

More than a year after Denver voters approved social marijuana use at licensed businesses, the city has received its first application: The Coffee Joint in west Denver will be the first in the city to allow vaping and the consumption of edibles…

Cannabis Industry Grows, So Does Access to Banking Services

29 states plus the District of Columbia have legalized cannabis for medical and/or recreational use, but financial institutions are still bound by federal law, making working with cannabis companies a legal risk…

California: A Testing Ground for E-commerce Weed Delivery

California doesn’t require dispensaries to have a storefront, and in a state that’s an economic powerhouse with a population of nearly 40 million people, it’s uniquely placed to become the testing ground for e-commerce weed delivery. And when recreational marijuana sales begin in 2018 the potential for growth is huge…

Coloradoans Increasingly Turn to Marijuana for Relief

Consumer Research compiled data from Denver and Colorado Springs, the state’s two largest cannabis markets. More than 40% of respondents said that they used marijuana to help them sleep, followed closely by those who use it to treat chronic and recurring pain…

Hawaii the First State to Require Debit-Only Cannabis Sales

Beginning Oct. 1, Hawaii will be the first state in the U.S. to require cashless-only cannabis sales. A Colorado-based credit union will permit dispensaries in Hawaii to open bank accounts, and a debit app called CanPay will enable patients to purchase cannabis with their smartphones…

Alaska’s Expanding Cannabis Market Sets New Sales Record

The Alaska Department of Revenue reported that they collected nearly $600,000 in marijuana tax revenue during July–which equals about a third of the total marijuana tax revenue brought in last fiscal year. The figures are the highest to date in Alaska since recreational sales began last October…

Denver Ready to Issue Cannabis Social Use Licenses

The problem of where to consume cannabis in Colorado has been an issue since recreational marijuana use was approved by voters in 2012. Now, five years later, the city of Denver is ready to become the first in the nation to launch a program allowing businesses to set up social marijuana consumption areas…

Justice Department Blocks DEA Cannabis Research

A year after the US Drug Enforcement Agency (DEA) began accepting applications to grow cannabis for research, it appears that the Department of Justice (DOJ) and Attorney General Jeff Sessions are blocking researchers from moving ahead with their proposals…

Hawaii Opens First Medical Marijuana Dispensary After 17-Year Wait

After a 17-year wait, Hawaii’s 18,000 medical marijuana patients will finally have a place to shop. Maui Grown Therapies is set to open next week, having been the first dispensary to receive approval from the Department of Health to begin selling medical cannabis…

Colorado’s $100 Million/Month of Cannabis Sales the “New Norm”

Another month, another record-breaking amount of cannabis sales in Colorado. The cannabis industry achieved a milestone in May, with $100 million in pot sales for the 12th consecutive month. “I think that $100 million a month (in sales) are the new norm,” said Bethany Gomez, director of research for Brightfield Group, a cannabis market research firm…

Nevada Governor Declares State of Emergency After Weed Runs Low

There’s a first for everything, especially when it comes to the cannabis industry, so perhaps it’s not surprising that a lack of weed has led the governor of Nevada to declare a state of emergency. Less than two weeks after recreational marijuana sales began, dispensaries report that they’re running out of product to sell…

Recreational Cannabis in Nevada Hits a Roadblock

On Tuesday, a Carson City judge, James Wilson, issued an injunction that reverses the Tax Department’s decision to allow more than just alcohol wholesalers to transport recreational marijuana from growers to dispensaries. The move could delay a planned July start date for recreational cannabis sales…

Medical Marijuana in Dispensaries Hawaii are Open but Not Able to Sell

Hawaii’s first medical marijuana dispensary opens Thursday, but don’t expect to see any cannabis on the shelves. The problem? The state labs tasked with testing medical marijuana prior to sale have yet to be certified…

Vermont Governor Vetoes Current Marijuana Bill

Vermont Governor Phil Scott (R) vetoed a bill on Wednesday that would have legalized recreational marijuana. Scott cited concerns about public safety, seeking changes to the bill that would include more aggressive penalties for driving while impaired or in the presence of children…

More Celebrities Launch Cannabis Brands, Help Normalize Industry

California is expected to become the largest recreational pot market in the country, so it’s not surprising that a number of celebrities are jumping on the marijuana bandwagon and creating their own cannabis brands. Industry experts say that by investing in cannabis celebrities like Willie Nelson, Whoopi Goldberg, Wiz Khalifa, and billionaire Richard Branson are helping promote broader social acceptance of marijuana…

New Mexico Bill May Give Military Veterans Access to Medical Marijuana

The Senate Judiciary Committee in New Mexico approved a bill that would make all military veterans eligible for a medical marijuana card. The changes to the state’s Medical Cannabis Program would automatically allow veterans to enroll without being diagnosed with a qualifying medical condition…

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…

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…

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….