Nearly 60 million Americans may wake up Nov. 9 to find voters in their states have abolished long-standing marijuana prohibitions, a three-fold Continue reading “After Election Day, Access To Marijuana Likely To Reach All-Time High”
In Arizona, the fight to maintain marijuana prohibition has been led in recent years by Bill Montgomery, the top prosecutor in the state’s largest county. Continue reading “In Arizona, Top Prosecutor’s Office Profits from Marijuana Arrests”
A new study suggests that marijuana may have a strange benefit: improving night vision. Based on a pharmacologist’s observation in the 1990s that Jamaican fishermen who Continue reading “Does Cannabis Improve Your Night Vision?”
Vaporbrands Intl Inc (OTO:VAPR) suffered a bigger decline than most peers in the directory of the approximately 200 stocks we track in the cannabis industry on October 28, skidding 33.57% to close the day at $0.019. Continue reading “Cannabis Stock Laggard: Vaporbrands Intl Inc (OTO:VAPR) Drops 33.57% for October 28”
Legalized recreational marijuana promises to spark a $22.6-billion industry in Canada, eclipsing combined sales of beer, wine, and spirits, a new study suggests. Continue reading “Canadian Recreational Marijuana Could Be a $22.6B Industry”
While there are a whole host of secondary issues to California’s pot-legalization Prop. 64 on the November Continue reading “Is California ready to legalize marijuana?”
Arkansas just dealt a blow to the medical marijuana movement. The Arkansas Supreme Court has ‘disqualified’ the medical marijuana initiative on the ballot November 8. The Court ended up disqualifying 12,000 signatures that did not comply to regulations. That led to the measure falling 2,465 signatures short of the required target. I view this as a temporary setback and expect more progress in the next few months.
The Achilles heel of the U.S cannabis market is the fact that cannabis is still illegal on the federal level. However, analysts are suggesting that if California legalizes recreational in November, it could set the stage for ending prohibition nationally.
We’ve heard Trump and Clinton talk about new job creation during the debates. Last year, the marijuana industry created more than 18,000 new jobs in Colorado.