President Trump promised in his inauguration speech to create 25 million new jobs for Americans in the next decade. A new report indicates one way to help get to that goal is to allow states that have legalized marijuana to move forward uninterrupted.

New Frontier Data, which specializes in data analysis for the cannabis industry, recently published a report projecting that legalized marijuana will create close to 300,000 jobs over the next three years. But is this projection realistic?

The business empire built by Canada’s “Prince and Princess of Pot” is on the verge of collapse.

Marc and Jodie Emery have been ordered to cease operating their Cannabis Culture dispensary business after they were arrested Wednesday at Pearson Airport while on their way catch a flight to Barcelona, Jodie said Saturday in a phone call from Toronto.

Emery said they were taken into custody by plainclothes officers as they exited an Uber vehicle and were later strip-searched and detained. She described their treatment by police as “disturbing and shocking” and said they were only permitted to speak with lawyers hours after the arrest.

A new recreational marijuana retailer has opened in South Salem.

Locally owned marijuana business Herbal Remedies opened a new location Friday at 3940 Commercial Street SE between McDonald’s and camera store The Shutterbug. The new Herbal Remedies location features, for instance, a “bud bar” where customers can view and smell different kinds of marijuana through special clear containers.

"Basically, I'm hoping that we can just grow into the future of Salem," Herbal Remedies co-owner Jered DeCamp said. "I want to be a staple in Salem."

Emblem Corp. (TSX VENTURE:EMC) ("Emblem" or the "Company") is pleased to announce that it has retained the consulting services of Nate Nienhuis for its Canadian cannabis operations.

"This is a major development for our Company," said Gordon Fox, CEO of Emblem. "Mr. Nienhuis is recognized throughout North America as one of the pre-eminent experts in cannabis horticulture and cannabis extraction. He is also an engineer and has consulted extensively on environmental systems, lighting systems and building envelope design for closed-box cannabis production facilities. He has the exact skills that Emblem needs to design and operate the facilities that will fulfill our mandate of producing the highest quality cannabis products for the Canadian market."

Marijuana legislation

A recap of the medical marijuana-related bills filed by the state Legislature during the 91st General Assembly. All bills must be approved on the floor of both the House of Representatives and the Senate before being sent to Gov. Asa Hutchinson to sign into law. Any bill changing the Arkansas Medical Marijuana Amendment must be approved by a two-thirds majority in both chambers. All statuses are as of Monday morning:

HB1026 Pushes deadline for state agencies to publish marijuana regulations to May 8. Status: Signed into law as Act 4.

Farmers in a region of Italy once known for cheeses have turned to cultivating a type of cannabis -- not to smoke or sell -- but to decontaminate polluted soil.

The hemp they’re growing contains very little THC -- the compound that makes people high.

Vincenzo Fornaro showed CBS News an empty farm, once packed with more than 600 sheep.

“For generations, our family produced ricotta and meat,” Fornaro recalled.

It wasn’t until 2008 when Italy’s government discovered the toxic chemical dioxin in his sheep and slaughtered the entire herd.  The culprit was just a mile away.

Sometime next year, Ohioans will be able to visit any of 60 medical marijuana shops open up to 14 hours a day.

They will be able to buy plant material to vaporize and inhale, plus marijuana-infused oils, tinctures, edibles and patches.

There are still some no-nos. Home delivery of pot will not be permitted, smoking and home-growing are not allowed, and your favorite local marijuana shop won't be allowed to sell you a T-shirt.

But the Buckeye State's foray into marijuana for medical purposes is well underway six months after the law took effect.

The synthetic cannabinoids often called "fake weed" are a mix of chemicals sprinkled on what looks like incense and sold in shiny packages, often to teens and young adults.

It produces sensations similar to tetrahydrocannabinol (THC), the psychoactive ingredient in the cannabis plant, yet many users report more powerful, often dangerous effects.

New research from the Centers for Disease Control and Prevention says young people who use fake weed are also more likely to use other drugs or alcohol, to behave violently and to have high-risk sex, according to a study published Monday in the journal Pediatrics.

On the last day of February, as valuations were looking frothy, we sounded the alarm on Canadian cannabis stocks and decreased our leverage to the sector.

Although this decision did not initially sit well with Technical420 Premium Members, those who listened were quite pleased. As we did not completely exit the Canadian cannabis sector, we were able to realize gains on our largest holdings (Aphria, Canopy, OrganiGram and Aurora). 

When this decision was announced, we highlighted our intention to re-invest in these companies and explained that these moves were part of our overall investing strategy (i.e. accepting gains over 100% or greater).

Aurora Cannabis Inc. (TSXV:ACB) is in the news again this week after announcing that it is acquiring Peloton Pharmaceuticals Inc., a distressed privately held cannabis firm which is currently under bankruptcy protection, for $7,000,000 in cash and stock. With the news, Aurora Cannabis stock is down 7% on close of trade on Tuesday, March 7.