During the most recent trading session, shares of GW Pharmaceuticals Plc (NASDAQ:GWPH) moved in the range of $37.79 – 40.24. According to Thomson Reuters’ First Call platform, sell side analysts have provided price targets for the company. The current price target consensus projects the stock to reach $133.00 within the next 52 week time frame.

Investors and analysts often use multiple indicators to try to gauge where the stock may be headed in the future. One of the oldest and most commonly used metrics is a company’s P/E Ratio or price to earnings ratio. This calculation is made by measuring a company’s current share price relative to its earnings. Currently, GW Pharmaceuticals Plc has a price to earnings or P/E Ratio of N/A.

Taxing medical marijuana could generate tens of millions of dollars and sustain 10,000 jobs for the state of Michigan, according to an economic impact analysis.

Director of economics at Hillsdale College Dr. Gary Wolfram believes taxing marijuana could rake in between $44.3 and $63.3 million per year for the state.

“It will create a robust economy in the sense that it will make a safe place for people who currently have registration,” Wolfram told FOX 17. Wolfram based his estimates on proposed legislative reforms that would tax medical marijuana dispensaries at 3 percent and patients would pay a 6 percent sales tax.

A national group’s campaign to legalize medical marijuana in Ohio would allow up to 15 large-scale grow sites and an unlimited number of smaller-scale growers.

Ohioans for Medical Marijuana, a campaign committee formed by the Marijuana Policy Project, announced the new ballot language Tuesday, with hopes of putting the constitutional amendment on the Nov. 8 ballot.

If approved – and polling has shown support for medical marijuana after an effort to completely legalize marijuana failed last year – entrepreneurs will have a variety of ways to profit.

 The Senate Wednesday rejected a Democratic effort to add $600 million to a bipartisan bill targeting heroin and opioid abuse.

Supporters of the immediate funding won a majority of the Senate votes. But the 48-47 tally fell short of the 60 votes required for an attempt by Sen. Jeanne Shaheen, D-N.H., to add the money.

Shaheen praised the underlying bill, which has sweeping bipartisan backing, but said "the reality is unless we provide the resources to make these programs work it's like giving a drowning person a life preserver that has no air in it."

Republicans opposed to the proposal said there's plenty of previously approved money in the pipeline and that additional funding can wait until this year's round of regular spending bills.

TYLER, TX--(Marketwired - Mar 1, 2016) - Wisdom Homes of America, Inc. (the "Company") (OTC PINK: WOFA) concentrates on licensing products and technology benefiting the cannabis patient and consumer.

Momentum is picking up for cannabis-focused startups, which are seeing all-time highs in deal numbers as the space continues to mature.

Despite being an industry in regulatory flux, investors continue to ramp up their activity in the legal cannabis industry. Q4’15 was a record for deals to startups in the space, with nearly 30 in the quarter. This is up from just 2 deals in the same quarter just two years ago. Funding also passed $65M, the second-highest funding quarter since the peak of $94M in Q1’15, which included the giant $75M financing into Privateer Holdings, which is a private equity firm focused on legal cannabis.

More than three-quarters of Iowans now favor allowing people to use marijuana as medicine, but most remain opposed to legalizing it for recreation, a new Des Moines Register/Mediacom Iowa Poll shows.

Iowans have steadily become more comfortable with the use of medical marijuana, which now is supported by 78 percent of the state’s adults, according to the  Iowa Poll. That is up from 58 percent in 2013.

But most Iowans continue to oppose allowing people to smoke or eat marijuana for recreational purposes. Just 34 percent of adults favor that idea, up 5 percentage points from 2013, the poll shows.

The poll’s results come as state legislators consider expanding Iowa’s tiny medical-marijuana program.

Can you smoke danger zone weed?

There are warnings about eating food grown in the danger zones in Portland near glass factories. I live near one. Can I smoke the weed I grew in my backyard last summer?
—Urban Farmer

Having nearly been purged in the Great Fluoride Pogrom of 2014 (aka Crestallnacht), I'm reluctant to wade too deeply into any new mineral-based civic controversies, but what the hell. #yolo

SEATTLE, WA - The reliability of cannabis testing has become a challenge in an industry that GreenWave Advisors believes could reach $35 billion by 2020. With tens of thousands of products recalled for illegal pesticide use, cannabis consumers face a lot of uncertainty when buying products off dispensary shelves. Separate studies have shown that THC and CBD concentrations are regularly mislabeled and could create problems for medical and recreational users alike. There is no quick, easy, or affordable way for consumers to test cannabis safety and composition.

Robert Reich Bill Clinton’s Labor Secretary made political waves by endorsing Bernie Sanders last week, despite deep ties with the Clinton family, which even includes a date with the future Democratic front-runner during college.