No Obamacare Coverage For Medical Marijuana

Under the Controlled Substances Act of 1970, marijuana is classified as a Schedule I drug, which means that in the government’s view it cannot be used safely even under medical supervision. (Cocaine and morphine, by contrast, are Schedule II controlled substances, out of deference to their “currently accepted medical... more →
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Colorado’s Experience With Legal Marijuana Gives Lessons For Washington

Colorado’s state boundaries are rural, with no big cities nearby. If people are willing to fly from Chicago to try legal pot, it seems likely that Portlanders and other tourists will be heading to Washington before long. And who knows: maybe tourists visiting Portland will add a stop in Vancouver to their itineraries, even... more →
Posted in: Investing

Greenbank Grants Incentive Stock Options To Two Directors

GreenBank Capital Inc (CNSX: GBC) (“GreenBank”) announces that it has agreed to grant a total of 100,000 incentive stock options to two of its directors, exercisable at a price of $0.125 per share for 13 months from the date of grant. About GreenBank GreenBank is a corporate finance investment business investing in Canadian... more →
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Republican Who Voted Against Medical Marijuana Invests In Pot Industry

Republican New York Assemblyman Steve Katz, who voted against a medical marijuana bill in 2012, and was arrested for pot possession in March, will invest up to $10 million in the coming years in cannabis-related businesses, Smell the Truth has learned. Katz – a New York native and resident – joined the investor network of San... more →
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Bayhorse Silver To Explore Potential Medical Marijuana Business Opportunities

Bayhorse Silver has already provided its shareholders with shares in two new companies that have been spun off to its shareholders recently through Plans of Arrangement. Archean Star Resources, which was spun off through Plans of Arrangement to Bayhorse shareholders in January of 2011, and Silcom Systems Inc, which was spun off... more →
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Tweed Marijuana Stocks: 3rd Most Traded In Canada Went Up To 183% Last Friday

Over the weekend, the Smith Falls, Ontario-based company disclosed that it purchased over 60 new strains of medical marijuana seeds and plants from licensed growers. The firm’s current market value is $89 million. Tweed will sell 25 strains to Canadian patients for $5-$12 per gramme, shipping included. Minimum order is 1 gramme,... more →
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Investing In Medical Pot From Other Countries

There could very well emerge a Euro-American market, wherein European nations import marijuana-based products grown here in the U.S. I’m not sure Uncle Sam would object to the extra revenue. Let’s also not forget that medical marijuana is already legal in several states here in the U.S., and that Colorado and Washington have... more →
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Colorado Pot Store Owner Under Indictment Sued State Regulators

The Colorado Marijuana Enforcement Division issued notices of denial this week to two Denver medical marijuana dispensaries, Higher Health Medical and Jane Medical, according to exhibits included with the lawsuit. The notices list a number of alleged violations, including growing more plants than allowed, not having adequate security... more →
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THC To Explore Net Gram Royalties In Medical Pot

NGR provides non-equity funding to licensed producers (“LPs”) of medical marijuana. Its goal is to provide diversified risk mitigated exposure to the medical marijuana market for investors, and a robust supply of medical marijuana for patients. NGR will meet this rapidly growing demand for funding in the medical marijuana... more →
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Colorado Marijuana Sales Rises Slightly In Second Month

Sales of recreational marijuana rose slightly in Colorado in the second month of retail sales, according to state tax estimates released Tuesday. But the modest growth left state lawmakers cautious on spending the pot tax money just yet. An estimate from the Colorado Department of Revenue showed that Colorado made some $4.1 million... more →
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