Business

In an historic vote Wednesday, the US House has approved an amendment to the Treasury Department appropriations bill barring the agency from spending any money to punish financial institutions that provide services to marijuana businesses where it is legal.

The House okays marijuana banking, DC decriminalizes tomorrow, DC expands its medical marijuana program, Miami-Dade taxpayers pay for a particularly heinous killer drug raid, a lot of states did sentencing reforms last year, and more.

Eugene Jarecki, auteur of the award-winning drug war documentary The House I Live In, talks about the film, the war on drugs, and the future.

The marijuana industry has arrived. The National Cannabis Industry Association's Cannabis Business Summit in Denver was last week, and there were way more suits and ties than guys in tie-dyes.

Jamaica will decriminalize pot possession and Bermuda is thinking about it, legalization initiatives in Alaska and Oregon get big bucks donations, medical marijuana reform is moving in the DC city council, and more.

The Obama administration took an important step toward legitimizing legal marijuana commerce Thursday by issuing new guidelines that will allow financial institutions to service the industry without fear of federal prosecution.

A solution to the legal marijuana industry's banking woes is coming soon, Attorney General Holder suggested Thursday. But the devil is in the details.

Adult marijuana sales become legal tomorrow in Colorado, but would-be retailers are having to deal with some bumps in the road.

The times they are a-changing, if Tuesdays Senate Judiciary Committee hearing on marijuana policy is any indication. Only one senator suffered from Reefer Madness; the others wanted to figure out how to make things work.