The fast-growing marijuana industry is full of opportunities for long-term investors. From growers to retailers to ancillary providers, there's something for every type of investor, no matter their risk tolerance. While some pot stocks have earned their status as premium buys for long-term investors' portfolios, others have generated significant hy
Stem Holdings, Inc., the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company, announced today that it has acquired Artifact Extracts, a premier cannabis extraction company based in Oregon known for its award-winning concentrates, as well as two dispensaries. (As Originally Seen On Ben
The U.S. House of Representatives late Tuesday night approved a bill that would let banks to do business with cannabis companies without fear of penalty, giving traction to the least-disputed reform sought by the growing industry.  The so-called SAFE Banking Act would be a boon for marijuana companies, which have so-far been stymied by the necessit
A Wood River Valley based hemp insulation manufacture plans to build a production facility in Jerome County along the interstate beginning this fall. Southern Idaho Economic Development said Hempitecture Inc., based in Sun Valley, intends to build a plant at the Northbridge Junction near the Interstate 84 and U.S. Highway 93 junction; a groundbreak
While cannabis is still classified as a highly dangerous drug on the federal level, there’s no denying bud is big business. Cannabis is one of the fastest-growing industries in the country, with a record $17.5 billion in sales last year, up 46% from the year before. Since an ounce of marijuana can cost hundreds of dollars, you may be keenly interes
A Wood River Valley based hemp insulation manufacture plans to build a production facility in Jerome County along the interstate beginning this fall. Southern Idaho Economic Development said Hempitecture Inc., based in Sun Valley, intends to build a plant at the Northbridge Junction near the Interstate 84 and U.S. Highway 93 junction; a groundbreak
Marijuana retailers will have a larger presence in Chicago after the City Council passed a contested proposal to ease zoning requirements for cannabis businesses. The Chicago City Council voted 33-13 to lift the cap of seven cannabis zones in the city with a limit on the number of dispensaries allowed in each zone. The approved proposal will also n
An exciting crowd funding cannabis cultivation project is scheduled to start this week for Grow Space Orange, the Massachusetts company that develops cannabis cultivation facilities that are leased to licensed growers. Grow Space Orange, Inc, is a wholly owned subsidiary of New England Agriculture Technologies, LLC ("NEAgTech") in which investors a
Notoriously risk-adverse Big Law firms are building cannabis practice groups as a rising number of states legalize recreational and medicinal use, even though the drug remains largely banned under federal law. Cannabis practitioners hail from a variety of specialties, reflecting the range of issues that their clients face. The lawyers have to be fl
Cannabis data and analytics specialist Headset just released its latest report comparing US medical and recreational cannabis market development, bearing results that reveal sales patterns and unifying trends across the industry.  The report’s findings are grounded in the context of the predominant pattern of a three-step process in cannabis market
The Saint Regis Mohawk Tribe (SRMT) in New York is hoping the issuing of Tribal Cannabis Retail Licences will lead to the establishment of a legal industry, which will then, in turn, fund local essential services, such as education and elder support. The tribe first announced in July that it would allow for local entrepreneurs to grow and sell thei
More than 90 percent of Maine towns and cities still don’t allow recreational marijuana stores, even as sales in the industry have steadily grown since they started nearly a year ago. While Brewer and Orono are both on track to allow recreational cannabis stores sometime soon, they’ll join only three other Penobscot County communities that allow su
Cannabis dispensaries have turned out to be a pot of gold for the city of Vista, and they likely will bring in more tax revenue following a recent change that allows the businesses to sell their products for recreational use. “Sales automatically increased,” said Mike Mellano, owner of Coastal Wellness dispensary. “We had such a quick response. Sal
In the recent competition for cannabis business licenses in Illinois, Ambrose Jackson’s team struck gold. They won rights to both grow and sell their own cannabis. Jackson is quitting his health care management job to commit full time to becoming a legal marijuana business owner. But he’s anxious about it, because now the hard part starts for licen
Marijuana stocks have been through series of up and down trading over the last several weeks. Before this, the cannabis sector has been going through a downtrend. Much of this came from the cannabis industry becoming more regulated. In addition to the hurdles of enacting some type of federal cannabis reform. In the last 6-7 months there have been m
Ohio's medical marijuana cultivators who have complied with rules and regulations can now request permission to expand their grow space, the Ohio Department of Commerce announced Wednesday. The expansion process comes as the Buckeye State plans to more than double the number of its dispensaries after a cultivator, Fire Rock Ltd., sued the state for