“We are in the right place at the right time,” says Bruce Bedrick, a 44-year-old chiropractor, occasional pot user, and chief executive officer of Medbox (MDBX), maker of one of the world’s first marijuana vending machines. “We are planning to literally dominate the industry.”
The two investors Bedrick is addressing at the offices of NewGate Capital Partners in Winter Park, Fla., smile politely. NewGate partner Joe Alvarez Jr. says he likes Medbox’s product but has…Continue
MEXICO: The Dalai Lama weighed in on Mexico’s marijuana legalization debate on Tuesday, telling an audience that he backs the drug’s use for medicinal purposes.
The Tibetan spiritual leader, speaking at an event hosted by former Mexican president Vicente Fox, said that “the exception” for smoking marijuana would be if it has…Continue
Southeast Colorado farmer Ryan Loflin tried an illegal crop this year. He didn't hide it from neighbors, and he never feared law enforcement would come asking about it.
Loflin is among about two dozen Colorado farmers who raised industrial hemp, marijuana's non-intoxicating…Continue