cannabis

Most banks refuse to open accounts for cannabis-related businesses even in states where pot is legal, citing federal laws that outlaw the drug and consider it on par with cocaine and heroin. In Maryland, however, at least one community bank is working with the state's newly launched medical...

The wait is finally over for recreational pot users to come out of the shadows. "I'm about 56 years old and I never thought this day would happen," said Brett Anthony Muret of Woodside. He came to Buddy's Cannabis in San Jose to do his pot shopping. Buddy's was the first dispensary to...

An epidemic of opioid abuse is ravaging the United States and, as we look for ways to respond to it, some see cannabis as part of the solution, while others see it as part of the problem. This is just one area in which unbiased scientific research is necessary, but outdated federal legislation...

The legalization of cannabis in coming months will offer a clear opportunity for provinces to shut down the black market for the drug and put an end to any notion there are still "grey" areas in Canadian law, top Liberal officials said. In a joint interview, federal Health Minister Ginette...

In the predawn darkness of New Year's Day, a long line of newly sanctioned customers formed down San Pablo Avenue in Berkeley. And as the sun began to rise on 2018, the eager customers began to file into the country's oldest dispensary to make their first purchase of recreational cannabis. On...

California will launch the world's largest regulated commercial market for recreational marijuana on Monday, as dozens of newly licensed stores catering to adults who enjoy the drug for its psychoactive effects open for business up and down the state. It becomes the sixth U.S. state, and by...

Retail cannabis shops in California opened their doors on Monday for the first time, inaugurating what proponents say will become the world’s largest market for legalized recreational marijuana. A transaction that remains illegal in many parts of the country seemed almost banal on Monday for...

Harold, Kumar, Cheech, Chong, Snoop Dogg, those hapless dudes from Pineapple Express. These famous folks, both real and cinematic, are out and proud pot smokers. But what about your neighbor, your co-worker, your grandma? MedMen, the largest retailer of legal marijuana in Southern...

In California, many people began 2018 by lining up to buy recreational marijuana. California joins seven other states and Washington D.C. to legalize weed. The state is now the largest market for legal marijuana in the country–and experts believe it could generate at least a billion dollars...

A steadily growing number of banks are willing to open accounts for marijuana businesses, according to new federal data. Even as a string of conflicting signals from the Trump administration surrounds the debate about legalization with uncertainty, the number of depository institutions that...

The California Bureau of Cannabis Control worked throughout the weekend to approve pending applications for cannabis dispensaries statewide, allowing those businesses to open for legal marijuana sales on Jan. 1. As of Sunday evening, 11 Sacramento dispensaries had received this final level...

In November 2016, voters in California approved a ballot measure known as Proposition 64, legalizing adult recreational use of marijuana statewide. The initiative, which took full effect on Jan. 1, will make California the largest legal pot market in the world. For decades, California has...

Mike Tyson is starting the New Year with green on his mind, because he's leading the charge on a cannabis resort that aims at not only producing high quality strains of THC and CBD, but also implementing cutting-edge technology to advance the research on the health benefits of marijuana. On...

And you thought Starbucks got crowded. Before dawn Monday, lines began to form outside of many of San Diego's licensed marijuana stores and they soon snaked part way around buildings on the first day of recreational cannabis sales in California. Hundreds of customers – everyone from older...

Scotland is set for a multi-million pound boon from the cannabis industry after a worldwide health agency confirmed that the drug provides medicinal relief for a range of ailments. Researchers have examined the health properties of Cannabidiol (CBD) — which is the non-psychoactive ingredient...

Israel's role as a leader in the research and development of medical cannabis products was given another boost last week when Israeli-Canadian cannabis startup SciCann Therapeutics entered into a strategic partnership with Global Cannabis Applications Corp. of Vancouver, Canada. SciCann will...

California has become the largest state in the US to legalize recreational cannabis use. As of 1 January 2018, adults aged over 21 can possess up to an ounce (28 grams) of the drug and can grow up to six marijuana plants at home. Opponents say the law will lead to more driving under the...

Today, California becomes the world's largest legal marijuana market. It's not the first American state to go fully legal, but with its outsized cultural influence and economy larger than France, it's about to do for cannabis what Hollywood did for celluloid and Silicon Valley did for the...

In case you hadn't noticed, the marijuana industry is absolutely on fire. According to cannabis research firm ArcView, the North American legal weed industry grew by 34% in 2016 to $6.9 billion, and is expected to grow by an average of 26% per year through 2021. If ArcView's estimates come to...

Uncertain about new regulations governing the sale of marijuana, some dispensary operators say that starting Monday they won't sell medical cannabis to customers if they're equipped merely with a referral from a local doctor. Instead, to avoid the possibility of breaking the law, some...