With its rough-sawn cedar walls, burled maple counters and muted colors, William Simpson’s upscale shop in downtown Dundee could easily be mistaken for a wine tasting room.
For the week ended Friday, July 31st, the spot price index for a pound of cannabis rose from $1,736 in the prior week to $1,791, a jump of slightly more than 3%.
A federal law crafted to fight the mob is giving marijuana opponents a new strategy in their battle to stop the expanding industry: racketeering lawsuits.
The marijuana industry’s shady past and current illegal status at the federal level have kept most insurance companies from offering policies to the new industry.
CHICAGO – With federal legalization efforts moving forward, pot entrepreneurs might want to focus on the recreational side of the business rather than the medical side, as major pharmaceutical companies are poised to jump in there.