Rep. Jared Polis, (D-CO), discusses the briefing on Capitol Hill about the legalization of marijuana. Right now we have an active conflict between Washington law, Colorado law and national law, state laws and local laws are in direct conflict with federal law, Rep. Polis says.» Read More
Todd Mitchem's company, Open Vape, manufactures a product similar to an e-cigarette. It's a pen that heats a cartridge filled with purified cannabis oil.
CNBC's Jane Wells reports the first tax revenue numbers are being reported in Colorado. Pueblo County did $1 million in gross sales netting the county $56,000 in one month.
Investor Kevin O'Leary of "Shark Tank" said he's torn between the upside of legal marijuana sales and possibly running afoul of the federal government.
NBC News correspondent Harry Smith takes an inside look at "O.pen Vape," a company that has created a high-tech device to smoke hash. Smith also comments on the "windfall of money" the taxation of marijuana will give Colorado.
Every day we went out to shoot video it was an eye-popping experience, says NBC News Correspondent Harry Smith, talking about his new documentary on the big business of marijuana. Two pot shops in Colorado brought in about $1 million in total sales in January, producing about $56,000 in local sales taxes. Forty percent of the business comes from edibles, says Smith.
NEW YORK/ HOUSTON, Feb 26- Encana Corp and Chesapeake Energy Corp are negotiating civil settlements with the state of Michigan to try to end its criminal investigation into whether the energy companies colluded to keep oil and gas lease prices artificially low in the state.
By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen.
Feb 25- QEP Resources Inc's quarterly adjusted profit missed analysts' expectations by a wide margin, hurt by a 21 percent fall in natural gas production due to severe winter weather In North America. Net loss attributable to the company more than doubled to $52.0 million in the fourth quarter from $23.1 million a year earlier.
When it comes to parties, event planner Jane West gives high end a whole new meaning. Guests enjoy both the pot and "munchies for foodies."
When it comes to recreational marijuana, forget the joint! People in Colorado are enjoying cannabis in brand new ways, including edibles, drinks, dabs and more.
NBC News' Harry Smith interviews a drug dealer who says pot's legalization hasn't hurt his illegal business or profits.
Open Vape sells one of the fastest growing products in legal pot - the vape pen - similar to an e-cigarette but with marijuana oil. Chief Revenue Officer Todd Mitchem tells NBC News' Harry Smith it's only a matter of time before his company is worth billions.
About 60 miles northeast of Denver a battle between legal marijuana is going on. While Greeley, Colo., is shunning marijuana, neighboring Garden City is celebrating it.
Bankers and those in the expanding legal marijuana business say new guidelines from the Obama administration aren't enough. They want Congress to act.
Feb 19- A federal judge in Utah on Wednesday barred online television service provider Aereo from retransmitting programs in a handful of U.S. states, ahead of a closely watched Supreme Court hearing this year between the company and major broadcasters.
The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug.
WASHINGTON, Feb 14- The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug. Washington state is expected to follow Colorado's lead.
WASHINGTON, Feb 14- The Obama administration will allow banks to do business with licensed marijuana companies with a reduced fear of criminal prosecution if the banks meet a series of conditions, a U.S. Justice Department official said on Friday.
Feb 14- Farmland values in the U.S. central and southern Plains held steady in the fourth quarter from the previous period, but the market tone is soft, and bankers expect weakness in the coming months, the Federal Reserve Bank of Kansas City said on Friday.
Feb 14- Farmland values in the U.S. central and southern Plains held steady in the fourth quarter with the previous period, but the market tone is soft, and bankers expect weakness in the coming months, the Federal Reserve Bank of Kansas City said on Friday.