Canadian marijuana company Tilray has first US pot IPO

A Canadian company is the first marijuana business to complete an initial public offering on a major U.S. stock exchange, raising $153 million to expand its operations as Canada prepares to legalize the drug nationwide.

Tacoma police serve warrants at 6 houses suspected of marijuana growing

Tacoma police said they broke up an illegal marijuana-growing ring Monday morning. Tacoma PD worked with six other agencies as they simultaneously served warrants at six houses across town, arresting an unspecified number of people and confiscating marijuana and growing equipment.

Durkan and 6 other mayors are pushing for federal marijuana policy reform

Mayors from six U.S. cities in states with legal marijuana said Monday they have formed a coalition to push for federal marijuana policy reform just days after President Donald Trump expressed support for bipartisan congressional legislation to ease the federal ban on pot.

Trump signals support for legislation easing US ban on pot

LOS ANGELES -- President Donald Trump said Friday that he's inclined to support a bipartisan effort in Congress to ease the U.S. ban on marijuana, a proposal that would dramatically reshape the nation's legal landscape for pot users and businesses.The federal ban that puts marijuana on the same level as LSD and heroin has created a conflict with more than two dozen states that have legalized pot in some form, creating a two-tiered enforcement system where cannabis can be both legal and not.The legislation would ensure states have the right to determine the best approach to marijuana within their borders, but some U.S. restrictions would remain, including recreational sales to people under 21.The proposal introduced Thursday has support from members of Congress from both parties, including Republican U.S. Sen.

Oregon marijuana growers diversify with hemp amid CBD boom

Applications for state licenses to grow hemp — marijuana's non-intoxicating cousin — have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation.

Police: Man's erratic driving leads to $5 million pot bust

According to a release from the Nebraska State Patrol, Michael Cardis, 39, was pulled over on Interstate 80 Wednesday evening after troopers observed the 2017 Mercedes-Benz Sprinter van driving in the shoulder.

San Francisco embraces Amsterdam-style marijuana lounges

The smoke was thick and business brisk at the Barbary Coast Dispensary's marijuana smoking lounge, a darkened room that resembles a steakhouse or upscale sports tavern with its red leather seats, deep booths with high dividers, and hardwood floors.

Tribes cut out of California pot market might grow their own

American Indian tribes that say they have been cut out of California's legal marijuana market have raised the possibility of going their own way by establishing pot businesses outside the state-regulated system that is less than two months old.

Pot farmer says industry in state is unbalanced, with oversupply of marijuana

SEATTLE -- For pot smokers, prices may be a reason to smile.Since legalization, prices have dipped every single month.Statewide a gram of pot is now about $7 on average compared to $20 in 2014 when the first pot stores opened.“My brother is visiting from Miami and we are doing some marijuana tourism,” said one consumer.The siblings stopped in Diego Pellicer in Seattle's Sodo's district.