New York State legislators could vote on medicinal marijuana within weeks, but it needs to pass the State's health committee and finance committee before coming to the floor.
Short interest for GW Pharmaceuticals jumped 228% during the last two weeks of April and ahead of its presentation at the Bank of America/Merrill Lynch Health Care Conference.
Advanced Grow Labs is one four companies licensed to cultivate medicinal marijuana for the state of Connecticut. It spent 2 years and $6 million to secure West Haven, CT for its grow facility.
Panelists discussing the cannabis economy touted vaporizing devices as a more effective way to ingest medicine because it hits the bloodstream directly and bypasses the stomach.
The National Institute for Drug Abuse, or NIDA, has asked the Drug Enforcement Agency for an increase from 21,000 grams to 650,000 grams of marijuana, or roughly 1,433 pounds.
Colorado legislators approved a bill to create cannabis credit co-ops in an attempt to resolve the banking problems for marijuana businesses, but they will not be protected from Federal seizures.
The Minnesota Senate approved a medicinal marijuana bill on Tuesday and the bill will now to go the House, which is reviewing a more restrictive version of medicinal marijuana.
Creative Edge Nutrition is building a super-grow facility called CEN Biotech in Ontario that plans to sell 1.3 million pounds of marijuana a year in Canadian, Uruguay and Israel.
Vapor Group entered into a private placement convertible note with Hanover Group for $1.2 million. Vapor recently acquired American Vaporizer and plans to use the proceeds to market the e-cigarette product.
Earth Science Technology is the latest company to declare itself a cannabis business: changing its name, joining cannabis organizations, and making a deal with Pure Health.