The bill that would legalize cultivation of Australia medical marijuana is guaranteed to become law, with the main opposition party immediately pledging support Robert Grandt works in the grow room at 3D Cannabis Center in Denver, March 11, 2015. (Denver Post file) CANBERRA, Australia — Australian lawmakers...

“Marijuana that has been “”manicured”” to remove seeds and stems is kept in barrels in a temperature-controlled vault at the Ol’ Miss facility.” JERUSALEM (CNNMoney) — Israel’s fast-growing cannabis industry has high hopes for a new market — exports of medical marijuana to America. The country is already a leading...

Soldiers stand in a marijuana plantation found during a reconnaissance mission in Michoacan state, Mexico. (Alexandre Meneghini/AP) Legal marijuana may be doing at least one thing that a decades-long drug war couldn’t: taking a bite out of Mexican drug cartels’ profits. The latest data from the U.S. Border Patrol shows...

Legal pot startups brought in more than $200 million from investors last year, more than twice what they had in 2014. Legal marijuana is one of the fastest-growing industries in the United States, and last year a record number of startups made deals with venture capitalists eager to get in on the ground floor. VCs...

SEATTLE, WA / ACCESSWIRE / February 5, 2016 / Canada already has about 40,000 medical cannabis patients in a market worth between $80 and $100 million, but if recreational marijuana becomes legal, the market could be worth upwards of $5 billion, according to Dundee Capital Markets analyst Aaron Salz. With Justin...

Tech Start-Ups Hope for Marijuana Sales Growth The start-up world can expect to see a different kind of green in the next few years if the marijuana business grows as rapidly as some expect. Legal marijuana sales grew to $5.4 billion in 2015, up from $4.6 billion in the prior year, and sales are expected to grow by...

Legal Weed Businesses Have to Figure Out How to Handle $6.7 Billion in Cash This Year Legal marijuana is the fastest growing industry in the United States, according to a new market research report, which found that state-sanctioned weed sales skyrocketed by 80 percent last year to more than $5 billion — and the...

Legal marijuana could soon be a major revenue stream for Canada. A new report by CIBC World Markets says legalizing marijuana in Canada could create a $10 billion annual industry, as reported by Global News. Using Colorado’s legalization experience as a financial model, economists say Canada’s marijuana market...

The image many Americans have of High Times is a magazine that symbolizes counterculture, sitting in the corner of a dorm room, maybe on a beanbag chair. Inside its pages: closeup shots depicting sparkling, sticky nuggets of marijuana. But with marijuana now legal in four states and Washington D.C., and medicinal...

DENVER (AP) — States that have legalized pot are taking a fresh look at making it easier for out-of-state investors to get in the weed business, saying the industry’s ongoing difficulty in banking means they need new options to finance expansion. The four states that allow recreational pot sales – Alaska, Colorado,...