marijuana News

Sales of Marijuana in Colorado Topped $1B Through August

A Colorado reports shows marijuana sales in the state have exceeded $1 billion as of August of this year, with tax revenue from those sales reaching $200 million. The Denver Post reports the state Department of Revenue report indicates medical …

Alaska Marijuana Tax Revenue Hits $1.5M in August

Monthly marijuana tax revenue in Alaska hit $1.5 million in August, another new high. The state says the only time this year that tax revenue was below $1 million was in February. Cultivators pay the tax, imposed when marijuana is …

Federal Prosecutor Threatens Law-Breaking Pot Businesses in Colorado

Colorado’s top federal prosecutor says his office may take legal action against licensed marijuana businesses that violate state law or use their status under state law “as a shield” while selling their product on the black market. U.S. Attorney Bob …

Rural Nevada Areas Not as High on Recreational Marijuana

Despite more marijuana licenses available from the state, parts of rural Nevada continue to shun the business. But in other parts of rural Nevada, seeds of industry might be sprouting. Las Vegas dispensary Acres Cannabis has a dispensary under development …

Marijuana Use Suspected in Fatal Colorado Crash

The Colorado State Patrol says a woman killed in a single-vehicle rollover on Interstate 70 is suspected of being under the influence of marijuana at the time. KMGH-TV reported that the crash occurred Monday afternoon near Genesee, west of Denver, …

New Workers’ Comp Program for California’s Cannabis Industry

California Insurance Commissioner Dave Jones today announced a new workers’ compensation insurance program for California’s cannabis industry. The program was created by Atlas General Insurance Services to serve businesses and workers in the cannabis industry. This program is designed to …

California’s 1st Cannabis Insurer Expands Coverage

California Insurance Commissioner Dave Jones approved a filing from Golden Bear Insurance Co. amending its California Cannabis program product to lower rates, expand coverage options, and expand the classes of business they will cover. Jones last year approved a Golden …

Nevada’s 1st Year of Marijuana Sales Exceeds Highest Expectations

Nevada regulators and industry insiders say the state’s first year of broad marijuana legalization has exceeded even their highest expectations, with sales and tax collections already surpassing year-end projections by 25 percent. Numbers from June are still outstanding but are …

Los Angeles to Begin Licensing Marijuana Growers

Los Angeles began accepting license applications from marijuana growers, manufacturers and testing companies this week, after months of delays that left many businesses in the state’s largest legal marketplace struggling to survive. The start of the process arrived with a …

New York Appoints Group to Draft Legislation for Adult-Use Marijuana Program

New York has appointed a working group to draft legislation to legalize and regulate the adult use of marijuana in the state. The move comes soon after a N.Y. Department of Health study commissioned by New York Governor Andrew Cuomo …