Old mining town turns to marijuana after prison, factory close

  WALSENBURG, Colo. – A developer's plan to build hundreds of cannabis greenhouses could make this tiny southern Colorado town one of the nation's largest producers of legal marijuana. The town sold 330 acres of municipal land for more than $1 million to create a campus for growing, processing and distribution, with the marijuana to …

High on Marijuana Insurance

By Amy O' Connor | September 8, 2014   Specialty brokers looking to get insurers hooked on emerging industry The legal marijuana industry in the United States is experiencing tremendous growth. Legal cannabis markets in the United States are expected to grow 700 percent over the next five years, according to an industry report titled, …

Legal Pot: The Gateway Drug to State-Run Banking?

By Karen Weise January 09, 2014     If ever a hippie dream existed, it would probably look something like what’s being proposed in Washington by Democratic State Senator Bob Hasegawa. He wants to open a state-run bank specifically to serve Washington’s newly legal marijuana industry. The proposal would solve two real problems: Pot businesses …