First Cannabis Company Listed on Nasdaq

In a sure sign of changing times, the first cannabis-industry business has been listed on the Nasdaq stock exchange — raising questions about how long federal prohibition can hang on in the face of a burgeoning economic sector. On Feb. 26, a Toronto-based medical marijuana investment group won approval from the U.S. Securities and Exchange Commission…

Israel Struggles to Export $300 Million Worth of Cannabis

Israel’s government overpromised on their ability to export marijuana, and then the country’s cannabis producers overdelivered. Now the country has too much weed, with nowhere to go. Israel is the self-styled global capital for marijuana research and development, a reputation enjoyed thanks to government-sanctioned clinical trials, international investors pouring $100 million dollars into Israeli marijuana-related…