Business

The governor of Illinois and key lawmakers released long-awaited details of a marijuana legalization plan on May 4, 2019. The state is seen by cannabis reform supporters as one of the movement's strongest opportunities to end prohibition in 2019. Democratic...

The Las Vegas City Council approved social-use marijuana lounges May 1, 2019, creating a legal outlet for the millions of tourists who have been able to buy adult-use cannabis since 2017, but had nowhere to consume it legally. By a...

As the political will to enact federal legalization of medicinal or recreational marijuana continues to evade Senate and Congress, smaller jurisdictions across the country are putting their own regulation ordinance on the books. But this time, such proposed legislation...

After a new decision by the City Council, Las Vegas has become something of a cannabis pioneer. The city will now allow marijuana consumption lounges. As such, it is the first city in the state of Nevada to have legal...

Tucked between a quaint cafe and performing arts center, Golden State Collective was one of the first medical marijuana collectives to open in Pasadena, California, in 2014. A midday stroll down this block would usually yield nothing more than chirping...

The Republican chairman of the Senate Banking Committee said on April 30, 2019, that he couldn't promise that his panel will take up a bipartisan bill to shield banks that service marijuana businesses from being penalized by federal financial...

Detroit may soon be home to a multi-million business project that aims to help correct damage done by racially biased cannabis policing. WXYZ Detroit reports that Green Cure Wellness and Southeast Provisioning’s new business complex will put priority on...

An alumnus of Harvard and MIT has made a donation to promote cannabis research at both schools. In an announcement Tuesday, Charles R. Broderick said he is donating $9 million—split evenly between the two institutions—in support of research into how...

That's according to Dan Ahrens, manager of the new AdvisorShares Pure Cannabis ETF (YOLO), which recently made its market debut with the ticker YOLO. Ahrens recently told CNN Business that buying cannabis stocks now is like "investing in alcohol...

That's according to Dan Ahrens, manager of the new AdvisorShares Pure Cannabis ETF (YOLO), which recently made its market debut with the ticker YOLO. Ahrens recently told CNN Business that buying cannabis stocks now is like "investing in alcohol...