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Nemus Bioscience Inc. (NMUS) is a biopharmaceutical company focused on developing cannabis-based therapeutics for the treatment of a variety of diseases. Although Technical420 currently has a Hold rating on shares of NMUS, we see long term potential for the following reasons: 1) Their partnership with the University of Mississippi (UM) offers the…

The Louisiana medical marijuana industry took two major steps forward this past month. Two bills that died the previous year were passed by the State Senate. The sponsors of both bills attributed the passage of their bills to the Louisiana Sheriff's Association whose opinion carries significant weight with legislators and…

Florida regulators expect to be able to provide registered patients access to a strain of marijuana known as Charlotte's Web by the end of the year. The strain is non-euphoric and is high in cannabidiol (CBD) and low in tetrahydrocannabinol (THC).This development comes after Judge W. David Watkins dismissed the…

Today, the Louisiana State Senate passed legislation which decriminalized the possession of marijuana. The bill was sponsored by Democratic Senator J.P. Morrell who wants to bring Louisiana's marijuana laws closer in line with other states.Under current law, the possession of any amount of marijuana up to 60 pounds is treated the…

Yesterday, the Illinois Senate approved a measure that decriminalizes the possession of small amounts of marijuana. Under the proposed legislation, the possession of less than 15 grams of marijuana would result in a fine.Under current law, low-level cannabis possession is a criminal offense punishable by a fine of up to…

Yesterday, the Texas State House of Representatives passed Senate Bill 339 which would legalize cannabis oils that contain cannabidiol (CBD) for patients who suffer from epilepsy and other chronic medical conditions. If the House passes the bill in a follow-up vote, it will be sent to Republican Governor Greg Abbott.Under Senate Bill 339, the…

The United States has a problem. Many states are cash poor and are struggling to find new sources of revenue not detrimental to the environment and which create jobs. Colorado, however, has the solution to this problem and it is called marijuana.During 2014, Colorado generated $700 million in revenue from…

Medical marijuana is not only a hot topic in the United States but in other countries as well. Israel began to research the medical uses of marijuana 50 years ago and is now a world leader in scientific research focused on medical marijuana.The Israeli cannabis research and development efforts are…

Forbes recently conducted a study where they researched the average price of marijuana in all 50 states. They released the results of the study and the findings were interesting, but not shocking. The study found that marijuana is cheapest in states that have created a legal recreational marijuana program.The results…

The 2016 presidential election is roughly 18 months away and we can already see that marijuana will be one of the defining issues that will help decide who will be the next president. Even though marijuana will be a hot topic during the election not all potential candidates feel the…