Medical Marijuana News
Investors are beginning to notice what’s become a competitive and profitable marijuana industry in Colorado, but industry experts warn that the time to go all in isn’t now.
In some states, where businesses are also now legally cultivating and producing marijuana, a mainstream industry is emerging. Marijuana sales totaled $700 million in Colorado last year, for instance. But there’s a surprising catch. It turns out that indoor marijuana growth in particular — a cultivation method often favored in the industry for many reasons — uses a surprising amount of energy.
A federal judge hearing a case of nine men charged with illegally growing marijuana on federal land in California said Wednesday she was considering arguments that the federal government has improperly labelled marijuana as one of the most dangerous drugs.
Indeed. Legalization bills are already popping up in state legislatures around the country, and while it’s unlikely — though not impossible — that any of them will pass this year, 2016 looks to be the breakout year for freeing the weed.
A federal judge has done what Congress and the Obama administration have failed to do — open a discussion on whether marijuana should continue to be listed as a Schedule 1 drug, a classification that is supposed to be used only for the most dangerous, addictive drugs, such as heroin and LSD.
A new and exciting study published in the Annals of the American Thoracic Society finds that smoking a joint a day doesn't actually affect your lung capacity
Consulting was the top-performing sector of all marijuana penny stocks in 2014, followed by biotech and infused-product companies, according to Viridian Capital & Research.
2014 was either the best or second-best year in 20 years, depending on how you weigh the legalization victories in Colorado and Washington in 2012.
Good news for medical pot smokers: The $1.1 trillion federal spending bill approved by the Senate on Saturday has effectively ended the longstanding federal war on medical marijuana.
Terra Tech Corp., based in Irvine, California, won approval last week from the Securities and Exchange Commission to raise $6.8 million to build and operate medical marijuana operations in Nevada, where the company secured preliminary approvals.
The fight against legal marijuana is about big money, not public health.
Another study is adding evidence to the case for the treatment and prevention of Alzheimer’s disease with the compounds in cannabis.
Colorado’s grand cannabis experiment has captured the imagination of America. After 75 years of marijuana prohibition, the state’s voters amended their constitution and legalized marijuana in all forms. The results have been remarkable.
A state senator is proposing to fully legalize marijuana in Georgia, providing Colorado-style access at licensed retail shops while also allowing its use through medical providers for treatment of conditions including cancer, glaucoma and HIV/AIDS.
How CANNABIS can treat cancer: Study finds compound in the plant can help shrink aggressive brain tumours
Cannabis can have a dramatic effect on aggressive forms of brain cancer, a new study shows.
Which companies are doing well? Viridian has created a cannabis industry report that tracks the progress of publicly traded companies in the emerging sector. For now, they’re all trading over-the-counter, but watch for that to change.
The federal government hasn’t legalized marijuana and it owns more than half the land in states where it is legal
Although the federal government hasn’t legalized marijuana, it owns millions of acres of land in places that have.
Oklahoma City – — As more states approve the medicinal and recreational use of marijuana, an Oklahoma-based electronic cigarette retailer is looking to build a national franchise.
Surna has always believed that widespread support for the legalization of cannabis existed, and now our opinions have been confirmed. This recent voter approval is one of the most promising developments for 2015 and should lend further credibility to the cannabis industry, potentially winning over traditionally resistant "Red" states.
Voters in Oregon, Alaska and the District of Columbia voted to legalize marijuana in this year’s midterm elections. They'll join Colorado and Washington, which did so in 2012. So could other states follow suit in 2016?
Voters in Oregon, Alaska and Washington, D.C. have voted to approve sweeping pro-marijuana legalization, according to a CNN projections.
There are three marijuana ballot initiatives in today’s midterm elections—in Alaska, Oregon and Washington DC—where voters will decide on outright legalization of recreational marijuana. In a fourth ballot, in Florida, voters will vote on a proposed amendment to the state’s constitution, which would legalize medical marijuana.
A handful of states and cities will vote to loosen restrictions on the drug, setting the stage for bigger battles in 2016
The current U.S. legal/regulatory landscape has given rise to two distinct types of companies that are attempting to commercialize cannabis products. The first of these is commonly referred to as medical marijuana companies, or as Steven Schultz, VP of investor relations at GW Pharma suggested, “nutraceutical or herbal remedy companies that promote the medicinal properties of cannabis.”
A report out from Greenwave Advisors, a "comprehensive research and financial analysis for the emerging legalized marijuana industry," projects that legal cannabis could be an industry with revenues of $35 billion by 2020 if marijuana is legalized at the federal level. They note that this is a floor representing revenues in the first year of countrywide legalization.
Alaska, Oregon, Florida and the District of Columbia are considering following the lead of Colorado and Washington state in removing the prohibition on buying small quantities for personal use.
The U.S. government claims marijuana is a dangerous, addictive drug with no medical benefits. But that claim will be up for debate Monday in California when a federal judge is scheduled to hear testimony from doctors that conclude the opposite.
Already, 23 states allow marijuana to be prescribed for medicinal use, making it easy for proponents for broader legalization, such as the Marijuana Policy Project, to brand the drug as “harmless.” Some go further, calling it “safe” and even “healthy.” The result is that voters in Oregon and Alaska — in addition to D.C. — may soon join Colorado and Washington as the first states to fully legalize recreational pot for adults.
BOULDER, CO--(Marketwired - Oct 16, 2014) - Surna Inc. (OTCQB: SRNA), a company that develops, acquires, produces and sells equipment for the legal marijuana industry with a focus on disruptive technology, today announced it has closed a $1.325 million financing.
New figures from the Colorado Department of Revenue show that recreational marijuana sales continued to climb in August, the most recent month for which data are available. Recreational sales totaled approximately $34.1 million in August, up from $29.3 million the previous month.
As recreational use of marijuana ramps up, entrepreneurs are trying their hand at cashing in on the green rush.
One of America's best-known travel writers and guides is lending his support to marijuana legalization as voters in Oregon, Alaska and Washington, D.C., consider dropping penalties for using pot.
Now, a wide-ranging survey in California finds that medical marijuana patients agree: 92 percent said that medical marijuana alleviated symptoms of their serious medical conditions, including chronic pain, arthritis, migraine, and cancer.
The battle over legalizing recreational marijuana in California—the big enchilada that may tilt legalization not only in the U.S. but other countries—is already being set for 2016. But while many reformers’ eyes are focused on the next presidential election, this year’s votes on marijuana initiatives have the power to shape that fight.
The Peach State could reap huge benefits from taxing recreational marijuana, if it decides to legalize it.
States like Alaska, Florida, Oregon and Washington, D.C. could make a combined $3 billion in marijuana tax revenue if they legalize the drug on Nov. 4. Colorado, the first state to allow the sale of recreational marijuana, is expected to take in $60 million to $70 million this year in taxes from legal pot sales.
Marijuana advocacy groups start fundraising to legalize recreational pot in California in 2016
It may be an off-year election, but it's a big one for drug policy reform. In seven weeks, voters across the country will have a chance to accelerate the unprecedented momentum to legalize marijuana and end the wider drug war.
The state of New York could legalize marijuana for recreational use as early as 2015.
Even more states could vote to legalize marijuana this year, as pro-pot advocates look to capitalize on changing voter attitudes to replicate their recent successes in Colorado and Washington state.
Sales of legal retail marijuana have topped sales of medical marijuana in Colorado for the first time since the state’s recreational pot shops opened their doors on Jan. 1, according to tax figures released by the Colorado Department of Revenue.
Supporters say the measure would help combat the state's epidemic of painkiller abuse, but polls have fluctuated wildly, and opponents are seizing on a controversial video to question their true intentions.
For the first time, a majority of people in the United States want to legalize marijuana, according to online polling data company CivicScience. More than 50 percent of Americans believe the recreational drug should be legalized, up 10 percent from last year, USNews.com reported.
For years, some parents have turned to medical marijuana to treat their children’s debilitating epilepsy, crediting the drug with dramatically reducing seizure activity. A groundbreaking clinical trial about to begin recruiting test subjects may finally provide some science to back their claims.
For all the talk and, yes, hype about the marijuana industry's so-called “green rush,” the big pharmaceutical companies appeared to be giving cannabis-based treatments the cold shoulder, due to federal laws outlawing marijuana.
Neuroscientists found that extremely low doses of a compound found in marijuana may slow or halt the progression of Alzheimer’s disease.
New studies into the use of medical cannabis show a surprising trend that indicates that it is saving lives versus causing harm.
Having approved marijuana for legal sale, distribution, and cultivation, Colorado is leading the way in attracting all kinds of investors and luminaries who seek to cash in on this nascent industry, not just with dollars but also with disruptive technology that's being developed by professionals of all stripes and colors.
The administration of a single dose of whole-plant cannabis via a thermal-metered inhaler is effective and well tolerated among patients suffering from neuropathy (nerve pain)
Currently in the United States, 35 states have reformed their laws via legislation or binding voter ballot initiative to allow qualified patients medical access to cannabis products.
During the first month of legal marijuana sales in Washington state, stores sold just under $3.8 million, which is expected to bring in more than $1 million in state taxes, the state reported on Friday.
Though more than one million people are thought to use the drug to treat ailments ranging from cancer to seizures to hepatitis C and chronic pain, there are few rigorous studies showing whether the drug is a fruitful treatment for those or any other conditions.
D.C. residents will vote in November on whether to legalize marijuana use in the nation’s capital after elections officials voted Wednesday to place the question on the ballot.
As it enters its eighth month, Colorado’s implementation of the first-in-the-nation experiment in legal, recreational marijuana has so far been a success, Brookings Institution fellow John Hudak concludes in a new report.
Opponents of marijuana legalization return to one particular number over and over in their arguments: the number of emergency room visits involving marijuana.
A bill being introduced Monday in the U.S. House of Representatives could be Cox's ticket home. The three-page bill would amend the Controlled Substances Act
The New York Times on Saturday called for the United States government to end its ban on marijuana.
This week, Christian Groh will visit a 60,000-square-foot marijuana farm in Canada, one of the biggest such facilities in the world.
Cannabis-Rx CEO Provides Insights on How the Regulated Marijuana Industry is a New Niche for Real Estate Specialists
'Vaping' pot gains popularity as health benefits and dangers debated
Olympic medalist Ross Rebagliati is betting on Marijuana to give him a shot at redemption.
New York became the latest state to permit the use of medical marijuana on Monday.
The United States is slowly reversing course on banning marijuana.