Medical Marijuana And Its Impact To The Economy

Study: Cannabis and mental illness

By Zack M Twenty five states have legalized marijuana for medical use so far, and it’s already clear that there are many economical advantages to be gained from this as well as the various medical marijuana benefits to be enjoyed by patients.  Because the marijuana systems in place in these states are being well regulated and Read the full article…

California Marijuana Legalization 2015: New Medical Marijuana Law Rankles Top Cannabis Industry Investor

Legislators finally reached a compromise on three bills, which have been sent for final approval to Gov. Jerry Brown, who is expected to sign them into law.

CALIFORNIA: California lawmakers quietly passed Friday the state’s most significant medical-marijuana legislation in almost two decades, but some leaders in the space worry that the law’s good intentions could get lost in the weeds. Paving the way for what supporters say is a much-needed regulatory framework for the state’s multibillion-dollar medical-cannabis industry, the California Senate and Read the full article…

Apple’s Ban On marijuana Social Networking App Goes Up In Smoke

MassRoots first became available through the App Store in 2013, but Apple decided to pull the app last month due to conflicts with company guidelines banning “apps that encourage excessive consumption of alcohol or illegal substances.”

CALIFORNIA: Apple has lightened up on restrictions that once banned cannabis-focused social networking apps from its App Store. The tech giant reversed course Thursday night by making MassRoots, a social network for cannabis lovers, available on the iOS App Store a little over three months after banning the site’s app. MassRoots first became available through the App Read the full article…

Pitching Marijuana Startups Brings New Meaning To High Tech

Since Colorado and Washington first voted to legalize recreational marijuana use in late 2012, the legal cannabis market has grown from $1.5 billion in 2013 to $2.7 billion last year, according to industry estimates. That kind of velocity gets the attention of investors, many of whom focus on tech.

CALIFORNIA: Investing in a social network closely tied to a booming industry sounds great, until Apple kicks the thing you invested in out of the App Store because the platform is all about marijuana. It’s one of the many things that can happen when two of the fastest growing industries in America come together, as is Read the full article…

Pot Startup Rolls Out Accessories

Growing up, Gordon spent winters at his family home in Colorado, where the cannabis industry has gone more mainstream.

CALIFORNIA: Time for the marijuana industry to get a makeover, says Josh Gordon, founder and CEO of e-commerce start-up The Bureau. He’s weeding out tie-dye and leaf graphics for chic new designs. The 27-year-old said he has high hopes to “raise the standards for the [marijuana] industry,” and nix the black-market feel. “Whether we’re talking about Read the full article…

If You Support Legal Marijuana, Memorize These 13 Stats

$1.53 billion: The amount the national legal marijuana market is worth, according to a Nov. 2013 report from ArcView Market Research, a San Francisco-based investor group focused on the marijuana industry.

Regardless of your feelings about legalizing marijuana, it’s hard to deny that legal weed would be a bonanza for cash-strapped states, just as tobacco and alcohol already are. With Colorado and Washington starting to tax and regulate recreational weed sales, and medical marijuana legal in 18 other states, we can finally start to put some Read the full article…

The State Of The Legal Marijuana Market

The report projects sales in 2014 to grow to $2.34 billion, an increase of 64%.

CALIFORNIA: The state of legal marijuana markets is strong for many, yet daunting for others. The watershed implementation of full retail marijuana legalization for adults in Colorado and Washington State, coupled with the adoption of medical marijuana regulations by new states, are fueling industry growth. Yet, even as the broadening definition of legal marijuana expands the addressable market, enforcement actions that target Read the full article…

Marijuana Investors Commit More Than $1 Million After Denver Meeting

22 companies — including four that are directly involved in marijuana sales or cultivation, a first for the group — made pitches to ArcView members on Tuesday. Dayton said those pitches ranged from requests of $100,000 to one for $24 million.

COLORADO:  Denver meeting of a marijuana industry investment group resulted in more than $1 million in new money being pumped into cannabis businesses, the group announced Wednesday.

Marijuana Investors Commit More Than $1 Million After Denver Meeting

COLORADO:  Denver meeting of a marijuana industry investment group resulted in more than $1 million in new money being pumped into cannabis businesses, the group announced Wednesday.

For Marijuana Entrepreneurs, Sticky Red Tape Remains In Colorado

Would-be pot backers are still being blocked by a Colorado rule that requires investors to qualify as state residents for three years before making equity investments in the marijuana business—a restriction that doesn’t apply to other industries.

COLORADO: Once a quarter for the past two years, the ArcView Angel Investor Network plays matchmaker between individuals curious about investing in the newly legal marijuana market and pot entrepreneurs who need capital to expand. Skeptical financiers at each of these pitch sessions have had to price in an enormous risk: that even with more states Read the full article…