Finance

Image: WeedWorthy.com

Selling pot is no longer a private deal. Terra Tech, a cannabis-focused agriculture company, announced its acquisition of the California-based Blum Oakland dispensary on Tuesday.

Image: The Fourth Corner Credit Union

Forcing Federal Reserve to bank on pot credit union would give approval to criminal activity, federal judge says.

Sean Parker file photo. Image: Amager via Wikimedia Commons

A plan backed by Silicon Valley billionaire Sean Parker to legalize recreational use of marijuana in California is on the path to the November ballot, potentially bringing more than $1bn a year in tax revenue, according to legislative analysts.

Vessel Verde, a division of Wausau's Roastar Inc., produces child-resistant plastic pouches for retailers of marijuana-infused products. Image: Rostar Inc. via Milwaukee Wisconsin Journal Sentinel

The rapidly growing marijuana industry — legal to some degree in much of the country — is providing a still-small but potentially fertile bed of opportunity for companies in Wisconsin and other states where the drug remains outlawed.

Construction on a GrowCo marijuana greenhouse in Colorado. Image: GrowCo via Denver Business Journal

Two Rivers Water & Farming Co. said it's raised $5.5 million to support its subsidiary that builds greenhouses for marijuana growers.

Image: Wikimedia Commons

California cannabis prohibition is costing the state about $1 billion per year in lost tax revenue that’s sorely needed for social services, a new analysis from the state’s Department of Finance reports this December 21.

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