Business
Why Amazon cares if weed is legal
More than most big tech companies, Amazon has taken an active interest in legalization.Earlier this year it came out in support of the MORE Act, the progressive bill which would federally decriminalize, and said it would stop testing most employees Read More...

Most popular

must_reads

Legalization creates new kinds of pot crime

The former wunderkind mayor of Fall River, Mass. was sentenced to six years in prison after being convicted of public corruption in a marijuana licensing scheme.WJAR (NBC)In Forbes, veteran weed beat journo Chris Roberts argues federal law enforcement loves the...
politics

Cannabis banking reform…Maybe for real?

The U.S. House of Representatives tacked cannabis banking reform onto a must pass defense appropriations bill, with some observers suggesting it has a chance of passing. The U.S. Senate now takes up the bill.Legalization supporter Rep. Ed Perlmutter (D-Colo.) explained...
business

Calif. retailer sues state for abetting illicit market

A California retailer is suing the state alleging regulators have allowed criminal to win distribution licenses and divert "untold millions of pounds" of weed to the illicit market. MJBizIt alleges these operators buy huge amounts of legally-grown wholesale product and sell...
health_science

Woman charged for cannabis use during pregnancy appeals

A woman put on Arizona's child abuse registry for 25 years for using cannabis during her pregnancy appealed her case last week. Washington PostDuring her pregnancy, Lindsay Ridgell, who then-worked for the Arizona Department of Child Safety(DCS), had been hospitalized twice...
health_science

FDA warns on Delta-8 THC

The U.S. Food and Drug Administration and Centers for Disease Control warned about dangers associated with Delta-8 THC, the intoxicating cannabinoid many unlicensed companies manufacture from CBD. FDA says the unregulated manufacturing process could contaminate products.Live ScienceThe compound, which is...
business

Judge clears Bloom Farms in investor suit

A Delaware Chancery Court judge expressed her intention to clear California brand Bloom Farms in an investor lawsuit. As WeedWeek previously reported, last year Jeff Menashe, CEO of financial firm Demeter Group had sued Bloom alleging "a pattern of deception"...
business

When will pot stocks recover?

Despite rampant industry optimism, pot stocks have had a lousy few months. With a relative lack of institutional investors active in the space, the blame often gets shifted to retail investors (ordinary folks) who have lost interest in the sector...
business

Plus Products files for creditor protection

Plus Products, a prominent California edibles brand, has filed for creditor protection and canceled today's annual meeting, according to a press release: "The slow rollout of legal dispensary licenses in California, and the structure of the California market have made...