Can Congress Be Blamed For Colorado’s Ruling Against Medical Marijuana?

We have noted before that the lack of a federal law — which only Congress can pass — raises any number of obstacles for companies in the marijuana industry. Dispensaries and growers cannot find bankers willing to take their cash deposits, and even a state government is having difficulty finding a willing bank. With almost half... more →
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Parents Sued School For Letting Their Daughter Take Marijuana In School

Attorneys for the Maple Shade school district and the Larc School in Bellmawr, the private school for children with developmental disabilities 16-year-old Genny Barbour attends, won’t allow it, fearing they will be cited for violating the drug-free school zone law, and the federal law that states marijuana is illegal despite... more →
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A Legal Expert’s Opinion In Investing In Marijuana Stocks

And only two weeks later, Steve Cohen and Don Young proposed a nearly identical bill into the House of Representatives, showing that marijuana legalization is indeed gaining momentum at the federal level. If the CARERS Act were to pass, states could determine their own policies on medical marijuana without federal intervention.... more →
Posted in: Investing

Over 500 Medical Marijuana Shops Closed In Los Angeles

        Los Angeles officials have filed criminal and civil cases against some dispensary owners in LA, and have sent letters threatening legal action against landlords who lease space to dispensaries in Los Angeles, officials said. This was done by LA officials to achieve the closures. The medical cannabis shops... more →
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Spokane Medical Marijuana Trial Nearing Verdict

A Kettle Falls family is accused of growing more medical marijuana than it could use. Three defendants remaining in the case could face more than 10 years in prison. The “Kettle Falls Five” case is seen as a sign of federal willingness to go after marijuana growers in a state where medical marijuana has been allowed for... more →
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Legal Case Against Medical Marijuana Cultivation Center

Shiloh Agronomics LLC, which is challenging the license, was formed by owners of a family farm in downstate Edgar County, including former County Board Chairman and Sheriff James Sullivan, according to his son, Chicago attorney Jude Sullivan. It sought the cultivation license awarded to Shelby County Community Services in District... more →
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Owners Granted With Marijuana Licenses Investing In More Than Their Own Shops In Aurora

“Some of the areas that were available could have been vacant for a while, and they’re not the most primo places,” said Peterson.”It’s just because that’s where they could get someone to lease to them.” Pot shop proprietors have faced challenges with finding landlords because of the financial... more →
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Conference On Medical Marijuana Investment Held In Vancouver

O’Dea said many investors are looking to get in at the germination stage of what could be a flourishing investment, especially if the industry is eventually legalized. “The marijuana industry has been undergoing a tremendous change in acceptance in the community and I think it’s primarily driven because of the medical... more →
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