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.
The cannabis penny stock community is still reeling two weeks after the Securities and Exchange Commission halted trading on marijuana company GrowLife.
The Washington State Liquor Control Board has published the names of marijuana retail store applicants that have made it through the state lottery.
The Legitimate Use of Medicinal Marijuana Act would change the classification of marijuana to a Schedule 2 drug and prohibit the government from preventing possession of medical marijuana.
Florida's senators have passed a bill to legalize one strain of cannabis, called Charlotte's Web, believed to help children with severe epilepsy.