industry

Cannabis companies are turning to the world's most popular digital currency in an effort to get rid of all that cash. The inability to access traditional financial institutions is one of the marijuana industry's biggest impediments. Legal cannabis was a $6 billion industry last year and is...

You're not just being paranoid if you think the current White House administration is a little more hostile than the previous one toward the marijuana industry. According to data from Sentieo, nearly 75% of publicly traded companies with some stake in the marijuana industry deemed Trump's...

Rev. Al Sharpton says he does not personally consume marijuana, but that's not stopping him from calling for more black representation in the white-dominated weed industry. Sharpton, a prominent civil rights leader and founder of the National Action Network, will be the keynote speaker at the...

The battle between US states and the federal power is intensifying as California gets closer to becoming a 'sanctuary state,' safe from federal power against cannabis. The vote took place just over a week ago, and represented one of the first tangible legal actions taken in the unspoken...

The Southeast Cannabis Conference & Expo has just kicked off in Fort Lauderdale, Florida, and will go on until Sunday afternoon. This non-consumption event is aimed at educating, engaging and empowering "the cannabis industry of tomorrow," Executive Operations Director Danielle Sedgwick told...

Tell me if you've had a familiar experience to this one. I was out to dinner with a friend the first time I encountered someone vaping. Someone had left their vape out next to our outdoor table and that small box with a spigot attached to it caught my eye. Then, they puffed and giant thickets of...

Getting a Rocky Mountain high may soon be legal in all 50 states, which means pot is fast on its way to becoming just another industry, albeit an exploding one. And as the marijuana industry comes aboveground, it's opening a huge space for the usual disruptors – tech startups and data analytics...

The hurdles can be high and the pitfalls unpredictable when investing in the burgeoning medical marijuana industry, but it offers unparalleled opportunity, according to panelists discussing the topic Friday at a monthly meeting of the Association for Corporate Growth Connecticut. "It's moving...

The hurdles can be high and the pitfalls unpredictable when investing in the burgeoning medical marijuana industry, but it offers unparalleled opportunity, according to panelists discussing the topic Friday at a monthly meeting of the Association for Corporate Growth Connecticut. "It's moving...

Despite declining TV ratings for National Football League (NFL) games, football remains the most popular sport among Americans. It's also a big industry, with the NFL generating estimated revenue of around $14 billion last season. Another industry could soon eclipse the NFL, though, if...

Darryl Hill, hailed for integrating college football in his youth half a century ago, was a successful entrepreneur with no criminal record and plenty of capital when he applied for a license to grow marijuana in Maryland – a perfect candidate, or so he thought, to enter a wide-open industry...

During a gold rush, sell shovels. The green rush is on in Florida as would-be entrepreneurs look to cash in on the new medical marijuana industry, even though regulations are still being formulated by the state. For every would-be grower, there is an army selling cannabis oil delivery...

Andre Shavers was sentenced to five years on felony probation after authorities burst into the house where he was living in one of Oakland's most heavily policed neighborhoods and found a quarter ounce of marijuana. After the 2007 raid, Shavers couldn't leave the state without permission. He...

Regulations for Sale of Recreational Marijuana in Nevada Revealed Now that Nevada has approved an early start to recreational cannabis sales, existing medical marijuana companies in the state are readying for a burst of new business that could equate to tens of millions of dollars in...

History was made at the North Carolina-Tennessee border Friday night as the first permitted industrial hemp plants were trucked into the mountains. The plants are part of a state-sanctioned pilot program to bring back a long abandoned industry. The approval process to grow hemp started in...

In case you've been living under a rock, the marijuana industry, and stocks associated with marijuana, have been on fire. The success of weed businesses and marijuana stocks are a direct result of a shift in public opinion toward cannabis, and a softening stance among select state governments...

Adam Bierman still sounds incredulous as he recounts his initial plunge into California's medical marijuana business. A former college baseball player who had never so much as taken a toke, he found himself in his apartment surrounded by 20 pounds of weed sealed in Ziploc bags. "I was...

Two members of Nevada’s congressional delegation signed onto cannabis-related legislation this week in a push to legitimize the emerging marijuana industry at the federal level. U.S. Sen. Catherine Cortez Masto and Rep. Dina Titus, both Democrats, co-sponsored bills that would remove federal...

In terms of the numbers, the legal marijuana industry is making strides: The market was valued at $7.2 billion in 2016, and projected to grow at a compound annual rate of 17%. Recreational sales are expected to quadruple by 2020–recreational marijuana is legal in eight states and D.C., and that...

Although it could still be decades before marijuana is legalized at the national level, the sale of cannabis products in states that have allowed this newfound industry to operate the same as any other part of legitimate commerce is growing faster with each passing year. Some of the latest...