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Growing cannabis legally will be a step closer on Sunday when federal legislation comes into effect allowing the drug to be grown for medicinal purposes. The Office of Drug Control will start accepting applications for cannabis cultivation licences on Monday. People or organisations...

Former Hawthorne California mayor Chris Brown plays matchmaker between small cities looking for new tax revenue and cannabis companies that want to do business there. With recreational marijuana legalization looming on California's November ballot, those opportunities are about to increase...

It's billed as the "Battle of the Buzz." Alcohol and pharmaceutical companies are putting big money into the fight against marijuana legalization, as they fear consumers will start choosing marijuana over their products. With similar clientele, alcohol companies are worried they'll lose...

The legal-marijuana industry faces many challenges to doing business. Most companies in the space are frozen out of bank, cannot use credit cards for transactions, and cannot get loans, huge headaches for the industry. And marijuana is like any other commodity: when there's a supply glut, the...

The state may soon loosen the tight rules that restrict every aspect of New York's eight-month-old medical marijuana industry, from the way patients search for doctors who are willing to recommend the drug, to the number of cannabis products each dispensary can sell. Under a barrage of...

The state may soon loosen the tight rules that restrict every aspect of New York's eight-month-old medical marijuana industry, from the way patients search for doctors who are willing to recommend the drug, to the number of cannabis products each dispensary can sell. Under a barrage of...

Three medical marijuana firms have received preliminary approval to do business on the Lower Shore. A state commission tentatively approved Monday the applications of 30 companies, representing 15 growers and 15 processors. The list includes two businesses in Worcester County: the grower...

At least once a week, Steve McDonald drives from his home in Irvine to an industrial stretch of Santa Ana filled with auto shops and home-improvement wholesalers. Inside a beige storefront, McDonald consults with young budtenders about the jars of raw cannabis flowers and rows of infused...

At least once a week, Steve McDonald drives from his home in Irvine to an industrial stretch of Santa Ana filled with auto shops and home-improvement wholesalers. Inside a beige storefront, McDonald consults with young budtenders about the jars of raw cannabis flowers and rows of infused...

Baltimore - A Maryland panel is scheduled to make preliminary decisions about who will get licenses to grow and process medical marijuana in the state. The Maryland Medical Cannabis Commission is set to vote on the first stage of the licensing procedure for 15 growers and 15 processors. It...

It's time to start taking marijuana stocks seriously. That's because they're about to offer incredible profit potential thanks to the rapid growth of the legal pot industry. According to ArcView Market Research, U.S. companies that sell legal marijuana will rake in $6.7 billion in sales by...

What are some good ways for investors who are bullish on marijuana to invest? originally appeared on Quora: the knowledge sharing network where compelling questions are answered by people with unique insights. Answer by Paul Cohn, Career VC, PE, Secondary and FOF Guy, on Quora: A great way...

It's a big week for the legal cannabis industry. Hundreds of marijuana business, manufacturing, media, technology, and product companies descended upon the Javits Center in New York City this week for Cannabis World Congress. At the same time, Microsoft is entering the space, partnering with...

In a sign of marijuana's growing normalization in Canada, two major life insurance companies have decided to treat cannabis users as non-smokers, reversing a long-standing policy and offering many of them far cheaper premiums. Like their competitors, Sun Life and BMO Insurance have for years...

Vancouver Island's Tilray is one of 30 companies that can legally produce medical marijuana in Canada. It's been quietly producing pot in Nanaimo for two years, with scientists and horticulturalists working side-by-side in a 60,000 square-foot facility that somewhat resembles a maximum...

The store front of Ganja Farm in downtown Bogotá is small and nondescript, but the pungent smell on approach is unmistakable. A quick glance through the barred front door reveals a network of metallic ductwork. It does not reveal the marijuana plants the company grows, or the lab where they...

The concept of marijuana as medicine in the modern era is relatively new, despite its 1000s of years of history as a popular treatment for conditions from gout to gonorrhea. That all changed about a century ago when prohibitionists collaborated with politicians to execute one of the most...

On February 9, the FDA sent out a number of warning letters to companies that make and sell products containing cannabidiol (CBD), a type of cannabinoid found in marijuana. Some of the products that the FDA tested contained no CBD in them at all. Even more troubling, many of the products...

Greg Vialpando, a Santa Fe auto mechanic who has been on disability aid since he injured his back on the job more than 15 years ago, says the opiates that doctors prescribed him nearly ruined his life. He shook as he stood up Wednesday, supporting himself with a cane to tell his story to a...

Traditional smoking breaks may be a thing of the past for workers, but some American companies are allowing, and even encouraging, cannabis consumption by their employees. The companies, not surprisingly, are in the marijuana business in Colorado, where recreational use of pot is legal...