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Netflix has co-created a set of cannabis strains based on a selection of its most popular original shows. The set, called The Netflix Collection, will be sold as part of a pop-up event at Alternative Herbal Health Services in West Hollywood from 25-27 August to legal medical marijuana card-holding customers. Federal laws prevent the products being available by mail and Netflix will not be profiting from any of the sales. “Each strain was cultivated with the specific shows in mind, designed to complement each title based on their tone,” a press release read. “For example, sillier shows may be more...

Quitting finance to focus on marijuana sounds like it’s something that involves finding yourself by surfing and living in a beach hut in California. But with momentum building for the legalization of cannabis in the U.S. – 29 states and the District of Columbia have laws legalized marijuana in some form – finance professionals are increasingly viewing it as a big business opportunity. The number of jobs that the cannabis industry is creating continues to increase. New Frontier Data, a research and analytics firm, projects that the legal cannabis market will create more than 250m jobs by 2020 – more...

PUEBLO, Colo. (KKTV) - On Tuesday morning Doyen Elements officially broke ground on a 234-thousand square foot cannabis grow facility in Pueblo. It'll be located at 1900 Freeway Drive in Pueblo, which is the former Pepsi bottling facility. "We've taken the facility and we are retrofitting it into a 234,000 square foot grow facility that will be developed into three separate phases," said Geoff Thompson with Doyen Elements. "Phase one will take 9-11 months and then the next two phases through an 18 to 24 month period of time." Once construction is complete the entire facility will run 24 hours...

American Green Inc. announced Thursday it is buying all 80 acres of Nipton, which includes its Old West-style hotel, a handful of houses, an RV park and a coffee shop. It says it plans to transform the old Gold Rush town into what it calls "an energy-independent, cannabis-friendly hospitality destination." The town's current owner, Roxanne Lang, said the sale is still in escrow, but confirmed American Green is the buyer. She declined to reveal the price before the sale closes, but noted she and her late husband, Gerald Freeman, listed the property at $5 million when they put it up...

WASHINGTON (AP) — The betting was that law-and-order Attorney General Jeff Sessions would come out against the legalized marijuana industry with guns blazing. But the task force Sessions assembled to find the best legal strategy is giving him no ammunition, according to documents obtained by The Associated Press. The Task Force on Crime Reduction and Public Safety, a group of prosecutors and federal law enforcement officials, has come up with no new policy recommendations to advance the attorney general’s aggressively anti-marijuana views. The group’s report largely reiterates the current Justice Department policy on marijuana.

A publicly traded marijuana grower, American Green Inc., has made a bold play on California’s marijuana legalization: It just bought an entire town.

SAN JUAN, Puerto Rico (AP) — 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 the wave of young Puerto Rican professionals heading to the U.S. to seek work — an exodus that has aggravated the U.S. territory’s woes. But then he saw the saw the island’s medical marijuana industry start to expand, and found one of the...

A leader of California’s marijuana industry warned Wednesday that the state’s cannabis growers produce eight times the pot that is consumed in the state so some will face “painful” pressure to reduce crops under new state regulations that will ban exports after Jan. 1.

<p>CARSON CITY, Nev. (AP) - A Nevada judge has denied a request from a group of alcohol distributors to stop the recently approved emergency regulations that allow the state to license some retailers to transport pot from growers to storefronts.</p>

An alternative weekly newspaper in Portland, Oregon has announced the discovery of the new white privilege of allegedly smelling like marijuana and not getting killed by police during traffic stops. The Portland Mercury announced its discovery of this new white privilege last week in a section called Cannabuzz. The new white privilege of smelling like marijuana and not getting shot by cops revealed itself to the Cannabuzz writer, Josh Jardine, around the time of the one-year anniversary of the death of 32-year-old black gun owner Philando Castile at the hands of a suburban Minneapolis police officer.

The cannabis industry could have a notable economic impact, if the U.S. federal government stays out of the way. Investors are always on the lookout for fast-growing industries, which means there's no surprise why marijuana stocks have been such strong performers over the past year. Far more pot stocks than not with a market cap of at least $200 million have doubled or tripled in value over the past year. Optimistic growth figures for the industry are seemingly everywhere. Aside from the fact that a record number of Americans surveyed by Gallup and CBS News want to see cannabis legalized...

The Trump administration is readying for a crackdown on marijuana users under Attorney General Jeff Sessions. President Trump’s Task Force on Crime Reduction and Public Safety, led by Sessions, is expected to release a report next week that criminal justice reform advocates fear will link marijuana to violent crime and recommend tougher sentences for those caught growing, selling and smoking the plant. Sessions sent a memo in April updating the U.S. Attorney’s Offices and Department of Justice Department (DOJ) component heads on the work of the task force, which he said would be accomplished through various subcommittees. In the memo,...

Pharmacies in Uruguay started selling marijuana Wednesday under a four-year-old law that has made the small South American country the first in the world to legalize pot from production to sale. At a pharmacy in Montevideo's old town, five customers were waiting to buy when the store shutters went up at the start of the day. "I've been smoking since I was 14. Let's give it a try," said a 37-year-old man who would not give his name or allow his picture to be taken. The pharmacist who sold the marijuana would not give her name either. She said it...

A former Pepsi factory that sat vacant for a decade is being reincarnated as an indoor marijuana grow — one of the largest in the pot-friendly state of Colorado. Doyen Elements, a holding company that leases real estate properties out to legal cannabis companies, bought an old bottling plant in Pueblo County. Upon completion in 2019, the facility could potentially produce up to 70,000 pounds of marijuana flower a year. According to a recent report in Forbes, the company is one of a growing number of real estate investment firms that are making money in legal weed without actually touching...

The head of the Youngstown Federal Drug Enforcement Administration says a recent marijuana-smuggling operation with ties to Warren is the first of its kind he has seen in this area. In fact, said Bob Balzano, who runs the local DEA office, the only time he has heard of the method being deployed was in April, when a similar discovery was made in Minnesota. The marijuana was found last week inside the wheel well for a spare tire in a new Ford Fusion which was manufactured in Sonora, Mexico, at a Ford dealership in Kent, after one of the vehicles was...

Sales of recreational marijuana have blown past expectations in Nevada, threatening to leave some dispensaries with empty shelves. After Gov. Brian Sandoval endorsed a statement of emergency in the first week of legal sales, regulators are looking to bolster the supply chain. The Nevada Tax Commission is meeting Thursday to determine whether the state has enough wholesale marijuana distributors; it could also adopt emergency regulations. "Right now, only companies that are also licensed to distribute liquor in Nevada are able to bring marijuana to dispensaries," Nevada Public Radio's Casey Morell reports for NPR's Newscast unit. "The dispensaries say that's why...

Last month I gave the keynote address at the Cannabis World Congress Business Expo in New York City. CWCBExpo is the trade show for the cannabis industry. I had the pleasure of meeting thousands of like-minded cannabis activists, and the experience was truly refreshing and inspiring on many levels. I learned firsthand that those in the legal cannabis industry — whether they're growing hemp, medical marijuana or recreational marijuana in Colorado or California or Oregon or wherever — have formed a united front. Everyone at the convention was looking to work together to come up with solutions on how to...

Nevada state officials declared a state of emergency after stores that sell recreational marijuana reported that their supply is running out just less than two weeks after the drug went on sale legally. Gov. Brian Sandoval, R-Nev., issued the state of emergency on Friday, which will allow state officials to decide on new rules that could ease the shortage of marijuana, according to Fox 13 Now. Nevada’s Department of Taxation released a statement that said it will contemplate emergency regulations that would permit liquor wholesalers to cash in on the marijuana sales. “Based on reports of adult-use marijuana sales already...

As canna-business strategist Elise McRoberts walked across an animal skin rug and into the living room of a Pacific Heights home for the recent San Francisco launch of Beboe, an upscale cannabis brand from Los Angeles, she assumed she would see the usual faces on the marijuana circuit — growers, dispensary owners and cannabis chefs. Instead, the party was a cross-pollination of the worlds of high society, Silicon Valley, politics, fashion and design: industrial designer Yves Béhar, former Mayor Willie Brown, who carried decriminalization bills in the state assembly in the 1970s, philanthropists Katie and Todd Traina, boutique owner Emily...

The first four days of legal recreational marijuana sales generated $3 million in sales revenue and about $500,000 in tax revenue, putting Nevada on pace to achieve an estimated $30 million in sales revenue over the next six months of recreational sales, according to the Nevada Dispensary Association. The sales figure was generated from Saturday’s first day of recreational marijuana sales to Tuesday. The tax rate for recreational pot is 33 to 38 percent, depending on local regulations, with all state and local taxes included. “We had a higher demand than everybody initially thought,” dispensary association director Riana Durrett said....