Oregon AG Rosenblum Statement On U.S. DOJ Rescinding Federal Marijuana Guidance

"This is an industry that Oregonians have chosen—and one I will do everything within my legal authority to protect.”

OREGON: Statement from Oregon Attorney General Ellen Rosenblum: “Last year in Oregon, we collected over $60 million in state taxes as a result of our now legal marijuana industry. At the Oregon Department of Justice we will continue to make sure Oregon’s marijuana industry thrives under our carefully considered state regulatory requirements. The United States Read the full article…

U.S. Attorney Bob Troyer Issues Statement Regarding Marijuana Prosecutions in Colorado

California PSA draws strong reaction

COLORADO:  U.S. Attorney Bob Troyer of the District of Colorado has issued the following statement regarding marijuana prosecutions: “Today the Attorney General rescinded the Cole Memo on marijuana prosecutions, and directed that federal marijuana prosecution decisions be governed by the same principles that have long governed all of our prosecution decisions.  The United States Attorney’s Office Read the full article…

Berkeley Mayor Celebrates The First Day Of Adult Use Cannabis Sales At Nation’s Longest Running Dispensary

Left to right: Roger La Chance, Director of Operations, Berkeley Patients Group (BPG), Nancy Skinner, CA State Senator, Sean Luse, COO (BPG), Jesse Arreguin, Berkeley Mayor, Tim Schick, CEO (BPG), Sabrina Fendrick, Director of Government Affairs (BPG) (Photo: Business Wire)

CALIFORNIA: Berkeley Patients Group (BPG), the nation’s oldest, continuously operating dispensary in the country, as well as the first dispensary in the Bay Area – and fifth in the state – to receive a temporary retail permit from the California Bureau of Cannabis Control, will once again make history as it opens its doors to the Read the full article…

Cannabis Market Begins to Mature in Legal States

Marijuana is big business

NEW YORK: According to a report by Ameri Research Inc., the global legal cannabis market was valued at $14.3 billion in 2016 and is forecast to grow at a CAGR of 21.1% between 2017 to 2024 and culminating to $63.5 billion by 2024. The market is going through a period of strong growth thanks to increasing legalization and decriminalization of Read the full article…

Canadian Cannabis Companies Seeking Higher Stakes in Australian Market

Stock prices on several Australian companies are beginning to take off, as the reality of Australia as a viable cannabis market for years to come, sets in.

CANADA: As investor excitement continues to climb in Canada over the upcoming legalization of cannabis on July 1, 2018, major Canadian companies are already setting their sights on the next big legal cannabis market-Australia. Big players in the Canadian cannabis space already have started to stake claims “Down Under” where medical cannabis is beginning to take hold.  Notable companies include Aurora Cannabis (TSX: Read the full article…

New Jersey Cannabis Symposium Is January 25th At NJPAC

NJ Cannabis Symposium is Jan 25th

NEW JERSEY:  In anticipation of the changes coming to cannabis laws in New Jersey in 2018, a group of cannabis industry professionals in the Garden State have put together a half day session that will explore and educate those interested in knowing how to prepare to enter this fast growing industry. The New Jersey Cannabis Read the full article…

Pot Stocks Gearing Up For Strong 2018 As Cannabis CBD Frenzy Intensifies

Introducing the CCC

FLORIDA:  The hemp, cannabis and marijuana industry is booming while more and more retail investors are really taking notice. According to Cowen & Co., legal marijuana sales in the U.S. have the opportunity to reach $50 billion annually by 2026, with cannabis research firm ArcView projecting compound annual growth of 26% in North America through 2021. The cannabidiol (CBD) market Read the full article…

Data Reveals Optimism Regarding Legal Cannabis Sales

Marijuana is big business

NEW YORK: According to a report by New Frontier Data, medical cannabis sales in 2017 are forecast to grow to $5.3 billion, which represents 67% of total cannabis sales. The report estimates that by 2025, medical sales in current legal states are forecast to grow to $13.2 billion, which will account for 55% of total cannabis sales. Read the full article…

Study: Marijuana Use Associated With Decreased In-Hospital Mortality In Heart Failure Patients

health benefits of cannabis

NEW JERSEY:  Heart failure patients with a history of cannabis use possess reduced odds of in-hospital mortality compared to similarly matched controls, according to data published online in the journal Circulation. Investigators assessed data from over six million heart failure patients over a seven-year period. Patients with a history of cannabis use were less likely to suffer from Read the full article…

Cannabis Market Expected to Grow As Legalization Spreads

Marijuana is big business

NEW YORK: According to a new report from Brightfield Group, the global cannabis market is currently worth $7.7 billion and is expected to reach $31.4 billion by 2021. The United States accounts for about 90 percent of the market. But the U.S. domination of the market is expected to drop to 57 percent due to legalization of cannabis in other countries. Canada is Read the full article…