Washington DC may have legalized recreational marijuana use and possession, but sale of the herb remain illegal in the state. Despite this, entrepreneurs in the area have come up with ways to profit from the market – legally. Ancillary businesses catering to the adult-use marijuana market are coming alive in the capital. These... more →

The state of Illinois has finally released on Thursday (August 20) the list of seven businesses allowed to grow medical marijuana (MMJ) in the state. The approved MMJ companies are: PharmaCann LLC – Dwight, Illinois Green Thumb Industries (GTI) – Rock Island Ace/Revolution Enterprises – Delavan Nature’s Grace and Wellness... more →

A marijuana business has joined the ranks of Microsoft, GoPro, and Yelp in Inc. Magazine’s esteemed Inc. 5000, a list of the fastest-growing companies in America. MJ Freeway, a cannabis software business offering point-of-sale tracking systems, made the list after reaching a growth rate of 205% over the last three years. In the... more →

To many people in North America and the world – and especially in Canada – the NHL stands for National Hockey League. Over the past few months, however, this acronym has been shared by a legal marijuana company, which has now been prompted to use a different acronym for itself. Nutritional High International, Inc is a Toronto-based... more →

Investors have been flocking to the marijuana industry in recent years, thanks to great progress in the legalization of cannabis and booming business activity. But wealthy angel investors are not the only ones betting in this nascent industry. Small funds and private lenders are backing cannabis companies, too. Troy Dayton, CEO of... more →

Georgia may be joining the list of states open to marijuana entrepreneurship – that is, if the state’s medical cannabis program expansion pushes through. A state medical marijuana commission is currently studying how Georgian patients may access cannabidiol-based products and whether the state can provide them, Associated Press... more →