According to reports, the ballot language for this initiative is similar to a bill introduced by State Representatives Casey Weinstein and Terrence Upchurch to legalize recreational cannabis in the state.

Big, publicly traded marijuana companies have a big head start in New York's marijuana industry, thanks in large part to former Gov. Andrew Cuomo.

Social equity rules can reduce barriers to entry for communities most affected by discriminatory drug laws

On July 15, New York legalized the use of recreational marijuana for adults 21 years and older. The bill allows possession of up to three ounces of cannabis for recreational use, or 24 grams of concen

Schumer's cannabis bill may not pass, but the investing opportunity is still big, according to Tim Seymour.

More and more powerful people, whether because of their wealth, celebrity status or their positions as corporate leaders and politicians, have begun to express their views in support of ending marijuana prohibition. One such person is Charles Koch, a billionaire businessman and philanthropist who shared his views on cannabis legalization and spoke openly of his support in a recent Forbes interview by Will Yakowicz. Koch, a passionate libertarian, has already donated a fortune to various politica

Major beer companies are investing in THC-infused drinks, but the sector represents less than 2 percent of the overall $20 billion marijuana market.

The Everything Store doesn't sell marijuana, but it will now back federal cannabis legalization efforts in Washington.

On the last day of the legislative session the House and Senate passed a bill to allow people in Minnesota’s medical cannabis program to smoke marijuana. Supporters say the move will significantly cut the cost of medical marijuana.

New brands of bud from celebrities like Bella Thorne are also smoking hot with cannabis consumers this year.