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Earnings season has started to heat up for the cannabis industry. Yesterday, three companies announced financial and operating results for the fiscal year which ended on March 31, 2015. We have noticed consistent trends with a few of these companies which have raised a number of red flags. Investors need to conduct…

On Monday, Louisiana Governor Bobby Jindal signed two pro-marijuana bills and changed the landscape on the state’s cannabis industry. One of the bills sets up a framework for dispensing medical marijuana. The other bill reforms the criminal penalties associated with marijuana possession.In April, Governor Jindal stated that he is open…

Republican Senator Rand Paul (Ky.) is poised to become the first presidential candidate from either party to make marijuana reform a significant campaign issue. Senator Paul plans to attend the Cannabis Business Summit in Denver tomorrow and plans to raise money for his campaign at that event.Senator Paul has been…

On Tuesday, Heather Alfonso pled guilty in United States District Court in Hartford to having received $83,000 in kickbacks from Insys Therapeutics (INSY) during January 2013 through March 2015. Alfonso said the money influenced her prescribing a particular drug, according to the United States Attorney's Office in Hartford, Connecticut.Although Insys…

In mid-June, the Flandreau Santee Sioux Tribe (FSST) became the first reservation in South Dakota to legalize marijuana. This move comes after the Department of Justice (DOJ) announced that Native American tribes can grow and sell marijuana on reservation lands in December 2014.After doing a little research, the team at…

Tweed Marijuana Inc. (TWD: TSX) (TWMJF: OTC) and Bedrocan Cannabis Corp. (BED: TSX) (BNRDF: OTC) entered into an agreement where Tweed will acquire Bedrocan Canada which will then become a subsidiary of the company.The companies are focused on increasing market penetration and market share through its distinct and differentiated product…

Marijuana has the ability to help treat a number of debilitating diseases and can improve daily life for millions of people around the world. Here are some of the illnesses it can help treat:GlaucomaMarijuana use can be used to treat and prevent glaucoma, which increases pressure in the eyeball, damaging…

Since 1999, all privately funded marijuana research studies in the United States have had to go through a Public Health Service review in addition to getting approval from the Food and Drug Administration (FDA), the Drug Enforcement Administration (DEA) and institutional review boards.Today, the White House took a major step…

The legal marijuana industry in Colorado continues to show record breaking growth every month this year. Colorado generated $700 million in revenue from marijuana ($385.9 million from medical and $313.2 million from recreational) during 2014. Those numbers, however, will be nothing compared to what the state generates during 2015.Triple digit…

Yesterday, Delaware passed legislation to decriminalize marijuana after the state Senate approved a bill that treats simple marijuana possession like a speeding ticket. Governor Jack Markell signed the legislation into law almost immediately after the Senate approved it. The law will go into effect six weeks after being signed by…