Finance

2015 Was the Year Venture Capitalists Discovered Marijuana – Marijuana News

Legal pot startups brought in more than $200 million from investors last year, more than twice what they had in 2014.

Las Vegas Paiutes’ newest venture: medical marijuana – Marijuana News

The Las Vegas Paiute Tribe already runs a smoke shop downtown and a golf course in the northwest valley. Now a third business venture — in medical marijuana — is on the horizon.

For insurers, no rush to offer pot coverage - Marijuana News

Marijuana may be the fastest growing industry in the U.S., with expected yearly revenue of $11 billion by 2019. So, why aren't major insurance companies providing coverage?

Prison town goes to pot: Desert city Adelanto hopes cultivating marijuana will save it – Marijuana News

Adelanto, known 80 years ago for its fruit trees, is tying its star to another agricultural boom. In November, it became the second city in Southern California to permit commercial cultivation of medical marijuana.

Marijuana May Be Legal, but Good Luck Filing the Paperwork – Marijuana News

Marijuana is legal to buy in several states, but no law says that selling it will be free from cumbersome expense and paperwork, especially when it comes to taxation.

The surprisingly huge energy footprint of the booming marijuana industry – Marijuana News

As legal marijuana markets continue to expand in the United States, some experts are arguing that growers have both the need and the opportunity to make their operations, well, greener.

Could Marijuana Become California’s Next Big Ag Crop? – Marijuana News

California farmers are known for producing some of the finest fruits, vegetables and nuts in the world. But what if the state’s big agriculture also included marijuana?

Cannabis advocates push for hemp exchange – Marijuana News

The cannabis plant’s unsteady transformation from outlaw weed to mainstream commodity is poised for another step forward as entrepreneurs lay plans to launch hemp derivatives.

As Marijuana Sales Grow, Start-Ups Step In for Wary Banks - Marijuana News

New start-ups have been putting together software that helps banks and dispensaries monitor and record transactions, with the long-term goal of moving transactions away from cash.

Colorado marijuana sales skyrocket to nearly $1 billion in 2015 – Marijuana News

$996,184,788 — that's the final tally for Colorado marijuana sales as December 2015 figures show a record-setting finish.


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