NEW YORK (CBSNewYork) — City officials will hold a summit Monday on the dangers of synthetic marijuana, also known as K2 and Spice.

The summit is being held in Brooklyn by the NYPD, Health Department and Department of Consumer Affairs.

Colorado Securities Commissioner (CSC) Gerald Rome had some things to say concerning investments in digital currency and cannabis. It seems the state employee where reefer is legalized doesn’t see the incredible amounts of capital injection happening all around the world from these businesses. In fact, it’s interesting he and other U.S. officials have not seen the level of wealth being poured into the state provided by cannabis companies.

"Magic Dragon High Brands" Initially to Produce Hemp Infused Beverages

Peter Lewis made his fortune writing high-risk auto insurance policies through the company his father founded in 1937. As CEO of Progressive Insurance from 1965-2000, he built the company from tiny to the 3^rd largest auto insurer in the country by the time of his death in 2013, with 26,000 employees and $16 billion in annual sales.
 
He built other things as well. In 2012 he pledged to give away at least half his personal fortune of more than $1 billion, and gave at least $233 million to Princeton, among many other organizations.
 

It comes as Dalrymple MP Shane Knuth questioned Health Minister Cameron Dick in Parliament yesterday regarding the state’s involvement in the cultivation trials of medical cannabis to help terminally ill adults and children with drug-resistant epilepsy.

Sugar cane farmer Joe Trimarchi said he saw the potential of growing cannabis locally to distribute across the eastern states.

The McBride Company, a creative firm who specialize in hospitality and leisure destinations, has revealed its design concept for a national chain of cannabis retail stores named ‘Pineapple Express’. The studio was tasked with providing a concept that creates a welcoming and comfortable place for consumers to shop with direct access to knowledgeable experts. The scheme steers away from a traditional consultation counter, which is commonly used as the central feature in marijuana dispensaries, in favor of a hawaiian resort aesthetic.

Saturday’s Panel at the Conference on Jamaica’s Cannabis Reform. From left to right: Professor Winston Davidson, Chairman of the Bureau of Standards, the Honorable G Anthony Hylton, Minister of Industry, Investment & Commerce, Amanda Feilding, Countess of Wemyss and Director of the Beckley Foundation, Dr. Andre Gordon, Chairman of the Cannabis Licensing Authority, and Diane Edwards, President of JAMPRO

This weekend in Negril the Beckley Foundation brought together leaders from the Jamaican government, the Rastafari community, and the business community to discuss the current progress and next steps for building a regulatory framework for a legal cannabis industry in Jamaica.

When Colorado legalised cannabis possession in 2014, the anticipated ‘Green Rush’ of dope tourists didn’t quite happen. But the first stoners’ B&B in Denver is now leading the way

When Colorado’s Amendment 64 took effect in January 2014, effectively legalising marijuana, hordes of tourists flocked to the state to try the barely legal drug – only to find there was nowhere to smoke it.

We asked three who’ve gone from Wall Street to the C-suites of the cannabis industry to tell us what they found. Derek Peterson, CEO/Founder of Terra Tech, the first publicly traded cannabis company in the U.S. worked as a Vice President with Morgan Stanley.

It may be thousands of kilometres away from Perth's corporate heart, but Christmas Island is being eyed off to become home to Australia's first medicinal cannabis industry.

The studies show the island is ideal for growing medicinal cannabis.

The work of Murdoch's team is so promising, they stand poised to sign a deal to become the research arm of AusCann, a Perth-based medicinal cannabis company chaired by former Liberal MP Mal Washer.

They plan to plant the first trials of industrial-grade hemp in January, subject to WA Government approval.