Business

LOS ANGELES (AP) — Bank officials and others urged Congress on Wednesday to fully open the doors of the U.S. banking system to the legal marijuana industry, a change that supporters say would reduce crime risks and resolve a...

The governmental green rush is on in Michigan. The state’s Bureau of Marijuana Regulation has announced that its nascent medical marijuana program sold $30.2 million of medical product in the first four months of operation. That should equal some...

The race is on for entrepreneurs eager to build the first generation of national and global cannabis brands. But as these companies sprint to capture market share and reach out to new audiences, the LGBTQ community has been largely...

If you golf, you’ve probably heard of the 19th hole. It’s golfer slang for the bar or clubhouse where players go to drink after a round. It’s as closely associated with golf as après-ski is to skiing and is...

When the federal government introduced regulations surrounding cannabis edibles in December, few people were playing closer attention than those in Canada’s restaurant industry. Already adapting to the recent legalization of recreational bud and oil, industry stakeholders are already preparing for...

Cannabis is so powerful that it’s transformed Valentine’s Day. Single or taken? Who cares? There’s infused chocolate, friends, and enough of it to ensure that no person should ever be unhappy on Valentine’s Day regardless of their dating status....

Acting U.S. Attorney General Matthew Whitaker on Feb. 8, 2019, blamed international treaty obligations for the delayed expansion of federally approved marijuana cultivation facilities for research purposes. During an otherwise tense oversight hearing before the House Judiciary Committee, Democratic Colorado...

When members of Congress convene for a hearing on banking services for the marijuana industry in mid-February 2019, they'll hear testimony from a state treasurer, as well as individuals representing financial institutions, a drug policy reform organization, and a...

A federal bill that would legalize cannabis and regulate it like alcohol was introduced in the Senate on Friday by Democratic Sen. Ron Wyden of Oregon. The bill, the Marijuana Revenue and Regulation Act, has been designated as S. 420...

Democratic state Rep. Carol Ammons of Illinois has introduced a bill in the legislature that would legalize the recreational use of marijuana and create a regulated cannabis economy. The measure, House Bill 902, was filed in the House of...