March 12, 2012

Weekly Wrapup: High-Profile Support for Cannabis Legalization + MMJ Back on Track in Rhode Island

Televangelist Pat Robertson created some of the biggest news in the cannabis community last week - or at least the most interesting, judging from the huge number of stories, tweets [click to read more...]

DOJ Chief ‘Cautiously Optimistic’ About CO, WA Cannabis Programs

The nation's top law enforcement official said he is encouraged by Colorado and Washington State's [click to read more...]

70+ Oregon Cities Temporarily Ban Dispensaries

More than 70 municipalities in Oregon have implemented moratoriums on medical cannabis dispensaries, limiting businesses [click to read more...]

CA Marijuana Cultivators Urged to Cut Water Use

Legal and illegal marijuana cultivators in Northern California could be draining valuable water from the [click to read more...]

Kentucky Approves CBD Extracts Law

Kentucky has joined Utah on the short list of U.S. states to legalize cannabidiol (CBD) [click to read more...]

Maryland Revives Medical Cannabis Program, Passes Decriminalization

Maryland lawmakers have revamped the state's medical marijuana program by establishing a framework of rules [click to read more...]

Denver Rec Shop Projects $10M-$12M in 2014 Sales

The owner of one of Colorado's largest recreational marijuana stores projects his 2014 revenues will [click to read more...]

GrowLife Trading Halted by SEC, Cannabis Stocks Drop

The U.S. Securities and Exchange Commission has temporarily halted stock trading for GrowLife Inc. (PHOT), [click to read more...]

Boston Mayor Aims to Block Dispensaries

Boston mayor Martin Walsh will try to block the city's two planned medical marijuana dispensaries, [click to read more...]

NJ Voters Split on Decriminalization, Oppose Rec

New Jersey voters are split down the middle when it comes to legalizing marijuana possession, [click to read more...]

Recreational Sales Rise 5%, But Actual Growth Much Bigger

Sales at Colorado recreational marijuana shops rose 5% in February to hit $15.1 million, according [click to read more...]

Oregon Registered Dispensaries Now Total 32

The Oregon Health Authority approved the registration of 10 additional dispensaries late last week, bringing [click to read more...]

Colorado Governor Lowers Cannabis Tax Forecast

Colorado Gov. John Hickenlooper has scaled back his cannabis tax revenue estimates by about 15%, [click to read more...]

Florida MMJ Gold Rush: 60+ Businesses Launch

More than 60 new medical marijuana-related businesses have been incorporated in Florida over the past [click to read more...]

Holder ‘Glad’ to Work With Congress on Reclassifying Marijuana

United States Attorney General Eric Holder didn't mention cannabis in his officially planned remarks Friday [click to read more...]