Illinois medical marijuana patients will soon have a line of decadent chef-crafted products to choose from with the announcement of James Beard Award-Winning Chef Mindy Segal's new edible line. Segal, owner of Chicago'sacclaimed Hot Chocolate Restaurant, is the first high profile, award-winning celebrity chef to attach her personal brand to products in the cannabis industry.

Wine has wineries. Beer has breweries. Marijuana is about to get the Colorado Cannabis Ranch

Weed is big business and legal weed will become bigger still. That’s why American Cannabis Partners CEO Christian Hageseth thinks the time is right to open up the Colorado Cannabis Ranch, the world’s first-ever “weedery.”

The finger-pointing at the marijuana industry continues -- this time from those who worry that indoor farms use too much electricity.

We're less than three weeks away from the calendar ticking over to a new year -- a year that very well could be the most important for the marijuana industry to date.

When Marijuana Legalization Initiative 71 runs out on Jan. 15, D.C. residents may gain the right to smoke in public places. However, a proposed bill could keep cannabis smoking restricted to private use as mandated under Initiative 71.

The measure would only extend the Decriminalization Bill, approved March 4, 2014, which reduces the maximum penalty for possession of an ounce of marijuana from six months in prison and a $1,000 fine to just a $25 fine for possession and a $100 fine for public use, with no jail time.

The D.C. Council Judiciary Committee held a public hearing on Dec. 10 for the public to testify in opposition or in favor of the proposed bill, B21-0107. Of the 24 public witnesses, all testified in opposition of the new bill.  

ALBANY – New York health officials and the manufacturers say they are on track to start providing medical marijuana to critically ill patients next month.

Questions remain, however, over whether doctors and patients will be enrolled in the system quickly enough to make the drug available by the Jan. 5 target date.

"There's no sign of a system in place yet for patients. That's a major concern," said Julie Netherland, deputy state director for the Drug Policy Alliance, an advocacy group. "We get calls from patients every day wanting to sign up, and we have to tell them we don't know yet."

It was only a matter of time: Wall Street heavyweight Merrill Lynch, the wealth management division of Bank of America, has apparently already started thinking about its role in the marijuana industry.

A 45-page equity report leaked to Philly Inquirer columnist Chris Goldstein suggests that Merrill Lynch is paying close attention to the budding industry. The company says that it's particularly "bullish on the cannabis testing market."

We’ve already taken a look at the freshly amended California legalization initiative from Napster billionaire Sean Parker. With those 35,000+ words out of the way, today let’s look at the far shorter 5,000+ words of Marijuana Policy Project’s (MPP) Nevada marijuana legalization initiative, marketed under the Campaign to Regulate Marijuana Like Alcohol (CRMLA). It is already on the ballot for 2016 in Nevada; this will be voted on come November 8.

For the week ended Friday, December 11, the spot price index for a pound of cannabis increased by $198 (about 11%) from $1,734 in the prior week to $1,932. The simple (non-volume-weighted) average price for a gram ticked down from $4.67 to $4.66.

The futures price for January rose from $1,680 to $1,800 on the near-month contract. For the month of February 2016, the forward price increased from $1,775 a pound to $1,850. The six-month forward price for June 2016 is $2,050 a pound, unchanged from the prior week.

A common adverse reaction to infant vaccinations is uncontrollable epileptic seizures. The most effective treatment is marijuana - a fact hidden by Big Pharma until they came up w a patented cannabis oil derivative. 

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