Marijuana & Money

Armed with New York state medicinal marijuana licenses, dispensaries are gearing up to sell cannabis legally in the state in the new year. The cannabis experiment continues as medicinal marijuana use becomes more widespread. New York state, as an example, has rolled out dispensary licenses and is getting doctors and patients on board. Start-ups are growing …

Kate Rogers introduces us to the entrepreneurs behind a new medicinal marijuana dispensary in New York.

If there was any doubt about the national momentum on legalized marijuana use in America, consider this. There will be a medicinal marijuana dispensary right off New York City’s Union Square come January 2016. The dispensary on 14th Street between Second and Third Avenues will be run by Columbia Care, a New York City-based company that …

Score one for the stoners: The pot industry is poised to be gigantic as more states embrace legalization. And, if you want to get in on the ground floor, several advocates say now is the right time to bet big on marijuana. “Overall public opinion of marijuana has changed,” said Dan Humiston, president of the …

More than a year after Colorado became the first state to allow recreational cannabis sales, the marijuana industry is growing and evolving further. Entrants—often with loads of cash and product on hand—are taking cues from the gambling industry, which knows a lot about managing bricks of money. “About 70 percent of our transactions are cash, …

As the legalized pot industry grows, some pot entrepreneurs have found a new niche market: pot for pets.

With almost half the country having passed legislation that legalizes marijuana to one extent or another, the pot economy has bred a new wave of entrepreneurs looking to cash in on America’s newest legal cash crop. Last year alone, marijuana brought in about $2.7 billion to states that have legalized it, whether medicinally, recreationally or …