WeedLife News Network

Two Rivers Water & Farming Co. said it's raised $5.5 million to support its subsidiary that builds greenhouses for marijuana growers.

A plan backed by Silicon Valley billionaire Sean Parker to legalize recreational use of marijuana in California is on the path to the November ballot, potentially bringing more than $1bn a year in tax revenue, according to legislative analysts.

Forcing Federal Reserve to bank on pot credit union would give approval to criminal activity, federal judge says.

A broken neck in a surfing accident triggered a dramatic career change for Derek Peterson, a former Wall Street banker who now heads listed cannabis company Terra Tech.

California cannabis prohibition is costing the state about $1 billion per year in lost tax revenue that’s sorely needed for social services, a new analysis from the state’s Department of Finance reports this December 21.

The rapidly growing marijuana industry — legal to some degree in much of the country — is providing a still-small but potentially fertile bed of opportunity for companies in Wisconsin and other states where the drug remains outlawed.

DENVER (AP) -- Snoop Dogg has his own line of marijuana. So does Willie Nelson. Melissa Etheridge has a marijuana-infused wine. As the fast-growing marijuana industry emerges from the black market and starts looking like a mainstream industry, there's a scramble to brand and trademark pot products.

EUGENE, Ore. - 2015 marks the first holiday season for recreational marijuana in Oregon. For many local pot shops, sales around Christmas day were holly jolly.

Calling itself the "littlest David" battling the "biggest Goliath," a fledgling Colorado credit union took the Federal Reserve to court Monday in a case that may determine whether the cannabis industry will bank openly or continue to operate almost entirely in cash.

Pot’s not green. The $3.5 billion U.S. cannabis market is emerging as one of the nation’s most power-hungry industries, with the 24-hour demands of thousands of indoor growing sites taxing aging electricity grids and unraveling hard-earned gains in energy conservation.

Cannabis entrepreneur and activist Steve DeAngelo long hated the idea of corporations entering the marijuana industry. But today, DeAngelo thinks partnerships with these giants are crucial for the success of the industry.

Nearly two years after recreational pot sales became legal across the state, state tourism officials have continued to downplay Colorado's weed tourism, with some officials going as far as to deny the lure of cannabis culture — against all evidence.

A recent Colorado Tourism Office survey of summer travelers shows 48 percent were influenced by legal recreational pot.

GW Pharmaceuticals, which makes drugs derived from the cannabis plant, is scaling up its manufacturing capacity ahead of an expected approval of a new treatment for children with life-threatening epilepsy.

The investment arm of Bank of America, Merrill Lynch, sent out a 45 page equity report last week focused on prospects related to marijuana. Carefully researched, it was an interesting peek at how heavy hitters on Wall Street are starting to view the expanding industry.

It’s possible that there has been no greater contributor to the cultural shift currently occurring around cannabis use in North America than the growing understanding of its medical applications.

With the cannabis industry booming in states like Colorado, Washington and California, it may be surprising that a new startup has decided to take root in Philadelphia.

Not to be outdone by much larger national retailers, Denver’s cannabis merchants are rolling out Black Friday deals of their own.

A cannabis company is poised to become the first marijuana producer with a joint listing in Europe and the US as it seeks to take advantage of shifting attitudes to the drug that are spawning a new industry.

A new wave of legal-weed entrepreneurs wants to put the dope in your doppio. And the potential profits from a mashup of coffee and caffeine are, well, high.