The IRS is Preparing for Massive Cash Payments from the Cannabis Industry

The federal prohibition of cannabis creates many problems for those who work in state-legal cannabis industries around the country, whether they are part of a medical or adult use market. One of the biggest problems affecting all cannabis businesses is a lack of banking services – less than 30% of all businesses working in the legal marijuana industry are actually...

The Limitless Potential of This Green Plant Saving the World

This year, medical marijuana is legal in more than half of the United States. Missouri, Texas, and North Carolina are some of the next few states to legalize medical marijuana. Modern research has proven that it is helpful for relieving symptoms in a variety of diseases, including glaucoma, cancer, and multiple sclerosis. Despite its medicinal benefits, the DEA still classifies...

PA Releases Draft of Medical Marijuana Regulations for Doctors

The Pennsylvania Department of Health issued draft regulations on Tuesday that would govern how doctors become registered to prescribe medical marijuana and certify patients to receive the drug when it becomes available. It's the most recent step in the effort to provide medical marijuana to patients by next year. The state legalized medical cannabis in 2016. This article was originally...

Energy use by cannabis industry declining with increased efficiency, outdoor grows

With local restrictions on marijuana easing across the U.S., power suppliers from California to Maine were expecting a little buzz of their own from newly legitimate pot farmers. After all, a 5,000-square-foot warehouse filled with hydroponic growing systems can draw five times the electricity of a typical industrial user. But after an initial jolt in electricity use, when Western states...