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The New York State Department of Health announced the five organizations who won licenses to sell the medical marijuana. The organizations are allowed to open up to four dispensaries and they are required to be open for business within six months.The winners are… Bloomfield Industries: Bloomfield plans to cultivate marijuana…

The cannabis industry received support from one of Congress’s strongest supporters on the “war on drugs.”On Monday, Democratic Senator Chuck Schumer signed on as a co-sponsor of the Compassionate Access, Research Expansion and Respect States Act of 2015. The legislation (known as the CARERS Act) would effectively end the federal…

Governor Chris Christie is one of the loudest voices against marijuana and he is doing whatever it takes to stay in the top 10 potential republican candidates for the 2016 presidential election. During a town hall meeting in New Hampshire, Christie said if he would overturn legal marijuana laws in…

The history of cannabis dates back thousands of years. Archeologists found cannabis seeds inside Siberian burial mounds from 3000 B.C. Thousands of years ago, the Chinese used cannabis as a medicine. The United States is in the middle of a marijuana revolution and 40 states have legalized some form of…

Marijuana legalization may not be a top priority for Congress or President Obama, but the American public is doing what it can to make it apparent that marijuana is an important issue. Marijuana is becoming more accepted by the nation due to the abundant amount of data supporting its medical…

Oregon’s Governor Kate Brown (Democrat) signed Senate Bill 460 into law which permits the sale of recreational marijuana in existing medical marijuana dispensaries beginning October 1, 2015 – almost one year earlier than expected. Residents will not be able to purchase edibles or oils, only dried marijuana.The governor’s spokeswoman, Kristen…

The cannabis industry is the hottest industry in the United States and it is growing at a rapid rate. This growth has led to a surge in the number of publicly traded cannabis companies. There are more 300 such companies and most of them will dissolve or shut down over…

The 2016 presidential election is not too far away and one topic in particular is expected to generate significant attention during the race. That topic is marijuana. The marijuana industry has made significant strides over the last two years and this trend is expected to continue for years to come.Currently,…

Currently, 40 states have passed laws that allow for the use of some form of medical marijuana. Even though marijuana clearly has medical benefits, it remains a Schedule I substance alongside heroin, LSD, ecstasy, and bath salts under the Controlled Substances Act (CSA). According to the United States Drug Enforcement…

Many cannabis companies are having a tough time opening a bank account and it is putting innocent people at risk. A bank account serves as the lifeline of any business and it is tough to operate (successfully) without one. The high cash nature of a cannabis business requires access to…