Recreational marijuana stores in Denver, Colo., raised local home values by an average of US$27,000 ($33,600), in the immediate area after legalization, a study found.
It’s high time individual investors have a diversified fund to quickly and easily invest in the so-called green rush and get a toke of America’s fastest-growing industry.
Forget the gold rush, first-time investors are looking to cash in on the green rush, but financial advisors are warning those looking to cash-in on soon-to-be legalized cannabis to think before they invest.
Traditionally, people who use marijuana have had no idea where their buds come from.
Actor and marijuana advocate Woody Harrelson was one of nearly 60 applicants to apply to open one of Hawaii’s first medical marijuana dispensaries.
With fewer than 4,000 approved patients, the nascent medical marijuana business in Illinois is off to a slow start.
One of the promises that propelled the Liberals to power is the proposed legalization of marijuana.
Entrepreneurs in the world of pot face a double-edged sword.
Expanding the cannabis market will require not just drug reform legislation, but also a consistent infusion of capital.
Thiel’s Founders Fund is the first institutional investor to put money into the nascent cannabis industry, which is still illegal in half the US