WeedLife News Network

As marijuana increasingly gets the legalization green light, what does it mean for spirits?

Though cannabis is legal for recreational or medicinal use in 28 states, it remains illegal under federal law. As a result, the U.S. Patent and Trademark Office will not register trademarks for marijuana retailers or for products that contain cannabis.

The estimated value of marijuana is more than the top five leading cash farm receipts for commodities in California combined.

The 2016 election helped pave the way.

BOSTON (AP) -- As marijuana shops sprout in states that have legalized the drug, they face a critical stumbling block - lack of access to the kind of routine banking services other businesses take for granted.

Black Friday is the time for door-buster electronics sales, deeply discounted fashion and, oh yeah, purchasing holiday gifts for loved ones. And it's also becoming a big shopping day for medical marijuana.

Brands are looking to capitalize on the potential outcomes of Election Day, where voters in a number of states could legalize cannabis, creating massive new markets overnight.

On the eve of a vote that could legalize recreational marijuana in Massachusetts, a Colorado company is preparing to build the state’s largest marijuana greenhouse, a sprawling, high-tech complex that could eventually expand to nearly 1 million square feet.

With the potential end to California’s prohibition on recreational cannabis now before voters in November, it poises to open Humboldt County up to an even larger market.

The shop, which opened its doors in 2015, is run by the city, making it the only government-operated cannabis store in the country.

LANSING — A fully developed legal market for medical marijuana in Michigan could lead to millions of dollars in new state tax revenue.

Denver-based marijuana social networking company MassRoots Inc. has laid off more than 40 percent of its staff and has defaulted on its debt, according to filings with the Securities and Exchange Commission this week.

For the week ended Friday, June 10, the spot price index for a pound of cannabis decreased 3% from $2,086 in the prior week to $2,023.

Colorado marijuana shops sold almost $76.6 million in recreational cannabis for April 2016.

A task force in Oregon, studying energy and water use associated with marijuana production, is likely to recommend that the state do more to educate growers about existing agricultural rules and practices, as well as back a certification process that encourages Oregon's new industry to pay closer attention how it uses natural resources.

From small towns that barely dot the map to the state’s largest urban areas, revenue from retail marijuana sales is helping communities address homelessness, send children to college, patch potholes, secure water rights and fund an array of projects.

Nationwide marijuana legalization could produce up to $28 billion in yearly tax revenue a new study found.

Today, O.penVAPE, a Colorado-based manufacturer of vaporizer devices, cartridges and other marijuana-related products, is announcing that it has "submitted a proposal to partner with the Metropolitan Football Stadium District, home of the Denver Broncos, to sponsor Denver's landmark stadium."

Could failing retail businesses provide the cannabis and warehouse industries with an unexpected spark?

SPOKANE, Wash. – Marijuana sales in Washington continue to rise nearly two years after recreational marijuana became legal in the state.