Marijuana

Industry insiders say the practice of selling cannabis in the legal and illicit markets is all too commonplace in California

Leading California cannabis companies warned Gov. Gavin Newsom on Friday that the state’s legal industry was on the verge of collapse and needed immediate tax cuts and a rapid expansion of retail outlets to steady the shaky marketplace.

Indian police said on Saturday they had charged senior executives of Amazon.com's local unit under narcotics laws in a case of alleged marijuana smuggling via the online retailer.

Though it's not a presidential or midterm election year, voters across the country are headed to the polls today to decide several important issues – including significant questions of state tax policy.

The Canadian singer is breaking into the cannabis space, teaming up with a company to peddle pre-rolled joints that he’s calling “Peaches,” a nod to one of his most successful recent songs.

Lollapalooza, the big Chicago festival shut down for a year because of the coronavirus pandemic, boosted record numbers for recreational marijuana sales in July, according to reports.

Some Republicans are raising alarms about allegedly wasteful spending in the bipartisan infrastructure bill in the Senate that won't serve what is supposed to be the narrow purpose of the bill: to improve the function of roads, bridges, water, broadband and other hard infrastructure.

Jimmy Haber, CEO of BLT Restaurant Group, offered a preview on “Varney & Co.” of what people can expect from the cannabis lounges that he plans to open in New York City.

The Cannabis Administration and Opportunity Act would legalize marijuana at the federal level by removing it from the federal list of controlled substances, expunge criminal records for individuals with marijuana-related offenses, and help minority businesses get ahead through new small business grant programs and a 50% tax rate reduction.

"Varney & Co." host Stuart Varney on the Democrats’ marijuana legalization plan and whether the Republican Party will join.

Sen. Chuck Schumer and others are set to unveil a plan to make weed legal at the federal level via the Cannabis Administration and Opportunity Act.

Multiple marijuana dispensaries in Arizona are voluntarily recalling specific marijuana products because of possible contamination with salmonella and Aspergillus.

Amazon.com Inc said on Tuesday it supports a proposed U.S. legislation to legalize cannabis at the federal level, and would drop weed-testing requirements for some recruitments.

A recent lawsuit over THC-laced edibles and packaging raises the question whether cannabis companies are aiming to draw in adolescents as a possible market.

Virginia Gov. Ralph Northam signed a new law legalizing marijuana in the state Wednesday.

Senate Majority Leader Chuck Schumer, who has in recent years become an increasingly loud proponent of marijuana legalization, said on the Senate floor Tuesday that "the time has come" to end federal prohibition of the drug.

Cannabis and the hit sitcom “Family Matters” are colliding in a way that fans might have not expected.

Some consumer trends that emerged in the past year are poised to reward bold investors who purchase a stake in maverick companies.

Rep. John Yarmuth purchased up to $60,000 worth of stock in cannabis producers while at the same time supporting decriminalization of the drug.  

New Jersey Gov. Phil Murphy signs legislation that sets up recreational marijuana marketplace, loosens drug penalties.