Marijuana Business News


Cannabis-Rx, with property in Manatee, named as part of securities fraud in federal indictment

MANATEE -- An Arizona company called Cannabis-Rx that bought property in Manatee County this year with hopes for a licensed marijuana facility is at the center of a stock scheme and federal indictment.

The FBI announced Tuesday six people were indicted by a federal grand jury in a $500 million offshore asset protection, securities fraud and money laundering scheme. Cannabis-Rx was created as a shell company, according to the FBI.


5 Things That Marijuana Stock GW Pharmaceuticals plc's Management Wants You To Know

Few areas have been as intriguing to investors this year as medical marijuana. The approval of legislation allowing its use in states such as Colorado has kicked off a flurry of commentary regarding the good and bad of marijuana use. That increased interest has flowed over to drugmakers that are developing medicine based on the cannibinoids found inside marijuana, including GW Pharmaceuticals .


Marijuana up in flames - IS fighters shown burning cannabis field
More from Reuters
Support & Contact
Connect with Reuters

Our Flagship financial information platform incorporating Reuters Insider



Fuel hikes have contributed to rising prices in Egypt, and the underbelly of the country is no exception - inside sources tell us that hash prices have seen significant hikes in recent days...

Egyptians are sending even more of their hard-earned cash up in smoke as the recent tax hikes upped the cost of pretty much everything - including hashish.

Naughty CairoScene sources claim that the cost of an average brown finger has now topped 150LE - an increase of up to 50%.

Some consumers also report that the quantity of hash available has decreased due to an unforeseen shortage.

The news is set to give many Cairene pot-heads a serious comedown and leave many feeling more than a little fuzzy-headed this weekend.


How to turn cannabis into a legal drug

Photo: GW Pharmaceuticals

Dazed and confused about how a British drug maker can legally sell a drug made from cannabis in several countries around the world?

Come this way for enlightenment.


Medicinal cannabis and the caregiving community giving it away for free

In the heart of Cumbria stands a two-bedroomed cottage wrapped in ivy that for half a century has been home to a lady named June. She makes a pot of tea in a cluttered kitchen brimming with fresh herbs in labelled jars, assorted saucepans and drying socks, then potters across the slate floor, and into a garden. Here lies what June calls "her private retreat". An overgrown rose bush dotted with apricot-coloured blossoms creeps over a rusting bench and from one of the many ceramic plant pots comes the scent of rosemary. At the back of the garden stands a decaying shed, lost beneath a white climbing hydrangea, and nestled behind this sits a small grow tent, which June tells me contains a single cannabis plant. She pulls down the zip to reveal the hidden green leaves.


Marijuana Will Be Fast Tracked For 50-State Legalization In 2015

You've undoubtedly heard about what's going on with marijuana in the U.S.

Pot, which was once considered a taboo, is quickly gaining mainstream acceptance. Today, even the President of the United States has openly admitted to having smoked marijuana in his youth. When the news broke, no one even seemed to blink.

We're already seeing how Americans' changing attitude towards the drug has affected our legal system. For example, voters in both Washington state and Colorado have legalized marijuana for recreational use, while some 20 other states have given it the nod for medicinal purposes.


As Iran’s Marijuana Trade Thrives, Is It Becoming a Nation of Stoners?

The Islamic Republic has so many problems with heroin and meth, it may be ignoring the rise of weed – a fact that’s making many young Iranians very happy.


Uruguay Looking for Cannabis Growers for Legal Marijuana Program

When the United States government is pathetically failing in attempts to justify its decades old war on cannabis, a country to the south is hard at work on nationalized legalization. In fact, the government in Uruguay is looking to sign up a few good pot growers!

Although it now appears that rollout of the legal Uruguay cannabis program won’t happen until 2015, they are still marching toward social justice at a much faster pace than the United States. When the delay in the establishment of the legal cannabis market in Uruguay was announced, the political prohibition pushers began predicting that the program was about to go “up in smoke,” but it looks like they were wrong.


Australia Leading the Industrial Hemp Race

Hemp is a fast growing, water efficient crop, which can thrive in the worst soil and can be used for a bevy of products, including paper,food, and medicine. It was around thousands of years ago and it’s still being grown today, just not as much since being banned in the US decades ago. It’s got a bad reputation, being guilty by association since its cousin crop is marijuana.


Subscribe to RSS - Marijuana Business News