Finance

Cannabis buds at an indoor grow operation. Image: WeedWorthy.com

An Oregon electric utility said on Thursday that residents growing light-craving marijuana plants indoors have sparked a wave of small-scale outages, prompting the company to offer expert help in setting up their home-growing operations.

Canada cannabis flag. Image: Oren neu dag via Wikimedia Commons
Alexandra Posadzki ~ The Canadian Press via GlobalNews.ca ~
 
Friendlier laws on medical marijuana use in Canada are already drawing American investment north of the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.

Colorado State-Pueblo, along with Pueblo Community College, are the two institutions that students may attend using the new marijuana scholarships. Image via csupueblo.edu

DENVER — A Colorado county that boasts the world's largest outdoor marijuana farm and has been actively courting the new pot industry has approved the world's first marijuana-funded college scholarship.

Flag Map of Washington State via Wikimedia Commons
 
Washington State expects marijuana sales taxes to bring in more than $1 billion over the next four years, according to a budget forecast published by the Office of Financial Management.

Fourth Corner Credit Union building in Denver.File Image: David Zalubowski, AP
 
The Federal Reserve Bank of Kansas City has asked a federal judge in Colorado to dismiss a lawsuit filed against it by a Denver-based credit union that wants to provide financial services to the marijuana industry.

File image of the Fourth Corner Credit Union building in Denver. AP Photo/David Zalubowski
Kristen Wyatt ~ Associated Press
 
DENVER (AP) -- Colorado's attempt to create a bank to service its marijuana industry has received a setback from the Federal Reserve.

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