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Pot News

Officials ask if marijuana taxes can sustain $54M for Nevada school safety

The $54 million proposed for school safety follows on recommendations of a task force and covers spending in five areas: school social workers, safety resource/police officers; building safety enhancements, new learning programs for social and emotional development, and staff support.

Marijuana bill would give states a free hand as industry grows

Oregon Sen. Ron Wyden proposed legislation Friday that would give states a free hand to allow legal cannabis markets without the threat of federal criminal intervention, the latest push in Congress to bolster the nation’s burgeoning pot industry.

Football great Joe Montana entering marijuana industry

Hall-of-Fame quarterback Joe Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday.

Nevada marijuana lawsuit highlights license competition

Michael Frey and his brother Robert are suing their partner in the Nevada cannabis business for $125 million. It is the latest in a series of lawsuits by investors in the booming local marijuana industry that is creating multi-millionaires in a flash.