News and Trends

Cannabis

North Americans Spent Almost $7 Billion on Legal Marijuana in 2016, Report Finds

The cannabis industry in the US and Canada shows rapid growth as legalization continues its halting march.
Cannabis

Senators Push Treasury Department to Loosen Marijuana Banking Restrictions

Senators Elizabeth Warren and Bernie Sanders want regulators to stop penalizing legitimate vendors hired by marijuana businesses left in a legal gray area between state and federal law.
Cannabis

Marijuana Industry Launches Colorado Campaign on Safe Cannabis Use

The public safety campaign is one more sign the marijuana business is now culturally mainstream.
Cannabis

Study Links Medical Marijuana to Fewer Traffic Fatalities

The health and public safety concerns that kept marijuana illegal for generations are proving unfounded where it is now legal.
Cannabis

Colorado Grants $2.3 Million For Marijuana Health and Safety Research

Ironically, it is only now that marijuana is legal -- at least under state law -- that it is getting scientific scrutiny for safe use.
Cannabis

The Wishful Outlook for Marijuana Jobs in 2017

If not for pervasive uncertainty about the incoming Trump Administration the cannabis industry would be on a hiring spree.
Cannabis

Cannabis Industry Raised $1 Billion in 2016

Despite the industry's precarious legal status, investors are flocking to states where voters have legalized cannabis.
Cannabis

Marijuana Industry Hopes for Regulatory Stability in 2017

Marijuana is legal in most states but illegal federally, a complex situation made even less certain with a new President taking office.
Cannabis

Canada Takes Next Step Toward National Marijuana Legalization

While the US federal government remains stubbornly opposed to legalizing marijuana, our neighbor to the north is increasingly interested in cannabis commerce and moving away from pot prosecutions.
Cannabis

Thomas Jefferson University Receives $3 Million Marijuana Research Grant

Although more than half of US states have legalized marijuana for medical use only now is the nation's first research facility for medical marijuana opening.
Cannabis

Survey Finds Oregon Residents Support Banks Working With Marijuana Industry

Banks and credit unions often cite "reputational risk'' as a reason for not working with cannabis businesses but research shows there is little risk they would be stigmatized.
Cannabis

Microsoft to Offer Software for Local Governments to Regulate and Tax Legal Cannabis

The software giant has entered in a partnership with a California company specializing in regulatory compliance for an industry that isn't entirely legal and can't use banks to do business.
Cannabis

Industrial Real Estate Market Gets Boost With Marijuana Legalization

Legal marijuana operations are finding space to grow and store their product by paying premium rents for warehouse space.
Cannabis

Cannabis Industry Is Rattled by Trump but Thinks Federal Crackdown Unlikely

The nomination of Jeff Sessions as Attorney General is worrisome but court battles over states' rights and decisive voter support for legal cannabis make tough enforcement problematic for the Trump Administration.
Cannabis

New Customers Drive Innovation in Legal Marijuana Products

As marijuana moves from prohibition to a fragile but lucrative legal status it is attracting curious first time users interested in edibles but not bongs.