The Business of Cannabis

Pot Stocks Spike after House Passes Act Protecting Banks that Work with Cannabis Companies

Sep 26, 2019 | Feature, National

Pot stocks surged at the open of trading on Thursday after the House of Representatives passed the Secure and Fair Enforcement Act the prior day. Most major companies erased gains in early trading after the initial surge. The passage of the so-called SAFE Act is a...

US House Takes Historic Step to Validate Marijuana Industry Under Federal Law

Sep 25, 2019 | National

In a landmark first step toward normalization of the cannabis industry, the House of Representatives voted overwhelmingly Wednesday to pass the SAFE Banking Act, a bill that would provide state-legal marijuana businesses with full access to banks and other financial...

How The Cannabis Industry Can Do Better to Fight the Climate Crisis

Sep 18, 2019 | National

Cannabis is a pretty eco-friendly plant, all things considered: It’s versatile, it’s one of the fastest-growing commercial crops, and it may even help clean up soil that’s been contaminated by other farming practices. But despite all that, not to...

California’s Cannabis Black Market Is Insanely Larger Than Its Legal Market

Sep 16, 2019 | National

In case you haven’t noticed, marijuana is budding into a big-money business. Last year, the legal weed industry generated a whopping $10.9 billion in worldwide sales, and by the end of the next decade we could be talking about as much as $200 billion in...

Illicit Cannabis Vaping Products Could Be Behind US Deaths

Sep 16, 2019 | Feature, National

Illicit cannabis vaping products have been identified as a possible cause of hundreds of cases of severe lung illness in the US. A sixth person died on Wednesday as officials urgently try to find out what killed them. New York’s state health department...

In Era Of Legal Pot, Can Police Search Cars Based On Odor?

Sep 16, 2019 | National

Sniff and search is no longer the default for police in some of the 33 states that have legalized marijuana. Traditionally, an officer could use the merest whiff of weed to justify a warrantless vehicle search, and whatever turned up — pot, other kinds of illegal...