Welcome to the dispensary of marijuana-related news, including information on marijuana legalization, money movement, and marijuana related businesses and their beneficial owners. These stories from around the world help risk managers understand the landscape of marijuana commercial activity.
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Canadian Finance Minister Bill Morneau agreed to share a greater portion of tax proceeds from sales of legalized marijuana with provincial governments, saying it will help them deal with added costs as the market starts up next year.read more
Attorney General Jeff Sessions said that the Justice Department is examining ways to work toward a “rational” marijuana policy, though he did not provide details, including whether the DOJ will crack down on states where the drug has been legalized.read more
Tapping one of the biggest markets, California, will prove challenging because of the state’s legendary regulations and huge black market.read more
The so-called “green rush” gains momentum as Israel considers exporting medical marijuana.read more