World

California Finds ‘Pot of Gold’ in Wine and Weed

California finds 'pot of gold' in wine and weed California is preparing to hand out licenses to marijuana businesses on Jan. 1. As a result, many are eyeing Northern California's winemaking regions as a pot of gold. One acre of cannabis grown in Northern California can be worth more than $1 million.

Articles by Aditi Roy & Harriet Taylor, CNBC News On a warm summer evening at a vineyard in Sonoma, California, a group of well-heeled guests gathered at a local Sonoma vineyard sipping rose, feasting on food… and smoking cannabis. The event was hosted by marijuana entrepreneurs looking to build bridges with longtime winemakers. “I think that as we see it become ...

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Michael Bowman: State of Farmers, Uncertainty in Washington D.C., and Why Hemp is good for Environment and Economy

Mr. Hemp and the Amazing Dream Crop Michael Bowman on the state of farmers, the uncertainty in Washington D.C., and why hemp is good for the environment and economy.

Article by Rob Hill, MG Retailer On a sweltering July night, Michael Bowman entered the Washington, D.C., watering hole The Dubliner to meet a member of Law Enforcement Action Partnership with ties close to the White House. As a longtime advocate for federal public policy that strengthens rural communities with a focus on soil health, biochar, renewable energy, and environmental ...

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American Federal Judge Blocks Prosecution of Northern California Pot Growers

Federal judge blocks prosecution of Northern California pot growers. A judge in San Francisco has halted federal prosecution of two North Coast marijuana growers because Congress has prohibited the Justice Department from interfering with states’ medical marijuana laws.

Article by Bob Egelko, SF Gate A judge in San Francisco, in the first known ruling of its kind, has halted federal prosecution of two North Coast marijuana growers because Congress has prohibited the Justice Department from interfering with states’ medical marijuana laws. Anthony Pisarski and Sonny Moore pleaded guilty in 2014 to conspiring to possess and grow marijuana on ...

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At This LA Rehab Center, Cannabis Is an ‘Exit’ Drug

At This LA Rehab Center, Cannabis Is an 'Exit' Drug

Article by Hayley Fox, Leafly By Mac Kirk’s own count, he’s already attended more than 30 drug rehabilitation programs. With a propensity for heroin, Xanax, and “pretty much everything under the sun,” the 20-year-old musician moved from New York to the West Coast in April to get clean. Bouncing between recovery facilities and sober living centers, Kirk overdosed twice this ...

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Puerto Rico Betting on Medical Marijuana

Puerto Rico is facing billions of dollars in budget cuts, a public debt load of more than $70 billion and a declining population as people flee to the mainland seeking better opportunities. But people are betting that the new cannabis industry can revert the situation. Juan Manuel Rodriguez, an investor at Natural Ventures inspects marijuana plants in a bloom room in Caguas, Puerto Rico, last month. Investors in Puerto Rico have spent more than $3 million to obtain licenses issued by the island’s health department to cultivate, manufacture and sell medical marijuana.

Article by Danica Coto, Associated Press via Seattle Times Jesus Aponte pushes a door open to reveal hundreds of aromatic, spiky green plants, a crop that Puerto Rico hopes will help it ease a grinding economic crisis by generating millions in revenue and tens of thousands of jobs. Aponte, a 29-year-old biologist and chemical engineer, had been thinking of joining ...

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The Trial of the Plant: South Africa’s Attempt to Legalize Cannabis

The Trial of the Plant: South Africa’s Attempt to Legalize Cannabis

Article by Jon Hiltz, Marijuana.com While much of the marijuana world looks toward societies already in the process of cannabis reform, a major battle for the legalization of pot is happening in South Africa’s justice system. Lanseria residents Jules Stobbs and Myrtle Clarke, also known as “the Dagga (marijuana) Couple,” have brought a constitutional challenge to the Pretoria High Court stating that jailing people for marijuana use ...

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Marijuana’s Popularity Among US Adults Continues to Grow. Here’s Why

Marijuana's Popularity Among US Adults Continues to Grow. Here's Why

Article by Cari Nierenberg, Live Science Marijuana’s popularity among American adults is on the rise — and use of the recreational drug is expected to continue to increase, according to several surveys. The increase in popularity, along with more permissive attitudes toward marijuana use, may be due in part to its changing legalization status in many parts of the country, experts say. ...

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The EPA Won’t Regulate Harmful Pesticides in Marijuana Crops

The EPA Won't Regulate Harmful Pesticides in Marijuana Crops

Article by Civilized The Environmental Protection Agency is in charge of regulating pesticides and other chemicals used on agricultural products. But it turns out there’s one crop that they don’t care if it’s poisoned: Marijuana. Since it is illegal at the federal level, the EPA does not regulate the use of pesticides and other chemicals on marijuana plants. In June, a prominent pesticide manufacturer ...

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Colorado Marijuana Sales Jump 25 Percent to $750 Million in First Half of 2017

Colorado's marijuana retailers have already made more than $750 million in sales halfway through 2017, a 25.7 percent increase compared to the first half of 2016. More than $531 million of those sales were for recreational marijuana, and the rest, nearly $220 million, were for medical marijuana, according to an analysis by The Cannabist. So far, the state has made nearly $116 million in tax revenue and licensing fees through cumulative sales made through June. However, annual growth rates are expected to slow down for Colorado's marijuana industry. "What you're seeing in Colorado is similar to other industries, we're starting to see lower double-digit growth rates, rather than the triple-digit growth rates," Bethany Gomez, director of research for cannabis market research firm Brightfield Group said. "That time of massive growth expansion in Colorado, I think, is over." Colorado's marijuana shops expect to make $131.65 million in total sales for the month of June, after a peak of $131.69 million in March. Despite the small drop off, that will extend the streak of $100 million in monthly sales to 13 months. Colorado became the first place anywhere in the world to allow legal marijuana sales to anybody over 21 for any purpose in January 2014.

Article by Kelly Cohen, Washington Examiner Colorado’s marijuana retailers have already made more than $750 million in sales halfway through 2017, a 25.7 percent increase compared to the first half of 2016. More than $531 million of those sales were for recreational marijuana, and the rest, nearly $220 million, were for medical marijuana, according to an analysis by The Cannabist. So far, ...

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Study Finds Colorado Cannabis Shops Not Selling to Minors

Study Finds Colorado Cannabis Shops Not Selling to Minors

Article by Gage Peake, Leafly A new peer-reviewed study has found that age restrictions in legal cannabis states are effectively keeping cannabis out of the hands of children and minors. Newly published data in the current issue of the Journal of Studies of Alcohol and Drugs found that “compliance with laws restricting marijuana sales to individuals age 21 years or older with ...

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