Many medical marijuana patients in Canada are struggling to buy pot under current laws and are turning to the black market, a University of British Columbia study has found.
Washington's legal marijuana market opened last summer to a dearth of weed. Some stores periodically closed because they didn't have pot to sell. Prices were through the roof.
When the first legal marijuana sales in America began January 1 in Colorado, Facebook and Twitter lit up with posts by excited tokers showing their sales receipts for their first legal buy.
The U.S.’s marijuana industry is poised to be among the fastest growing sectors of the economy, outpacing even the smartphone market’s booming growth, a new study says.
A crackdown by federal prosecutors is casting a long shadow over the state’s marijuana industry, but there is one bright spot, at least for some Northern California growers willing to risk prison time: Wholesale prices appear to be on the rise.
Legalizing the production and distribution of marijuana in California could cut the price of the drug by as much as 80 percent and increase consumption, according to a new study by the nonprofit RAND Corporation that examines many issues raised by proposals to legalize marijuana in the state.