In late February, a law legalizing many aspects of marijuana went into effect in DC. Specifically, the law made it legal to possess a maximum of two ounces of marijuana, transfer up to one ounce to another person without any money changing hands, and grow a maximum of six marijuana plants in a home.

Many industries are now looking for ways to capitalize on the new law, and that includes condo developers.

Eric Hirshfield recently finished two, four-level condos that sit side-by-side on the 500 block of Kenyon Street NW. The units have features that buyers would expect of a new condo, like a gourmet kitchen, oak flooring, and marble baths.

WASHINGTON (WJLA) — A new four-level condo in the 500 block of Kenyon Street, Northwest has an amenity like no other condo in the city.

According to Urbanturf.com, the condos contain features that buyers would expect of a new condo. However, one of the units features a "grow closet for marijuana plants."

Eric Hirshfield, the condo developer told Urbanturf, "The closet in the fifth bedroom was a little screwed up. I thought 'What can I do to make this a special closet?"

This year has been an exciting one for proponents of both recreational and medicinal marijuana legalization efforts. Two states began to allow medicinal use, while two more states and Washington, D.C. have started to permit recreational use. Let’s take a look at the latest in these territories and how laws, regulations and rules have been developed around these measures.

Recreational Use

Oregon

While renovating a four-level condo in Park View, Washington, D.C.-based developer Eric Hirshfield came across a small issue that soon became the listing's biggest selling point: a marijuana grow closet. Homebuyers shouldn't be too surprised if they see other developers jumping on the bandwagon. According to Hirshfield, two Washington, D.C.-based developers reached out to him with interest in doing the same, but he was reluctant to give the names of them. While it may be legal to possess, gift, and grow marijuana in Washington, D.C., Hirshfield said, "It's a little murky and grey at the federal level."

Jessica Billingsley of MJ Freeway to Receive Award in the Company of the World’s A lot of Distinguished Females Leaders, Entrepreneurs, and Influencers

DENVER, Oct. 12, 2015/ Weed Wire/– Jessica Billingsley, Co-Founder and COO of MJ Freeway Company Solutions, a Denver-based woman-owned software application business and the market leading service provider of cannabis company software application including point of sale, inventory tracking, production, and growing management, will certainly be the first female ever from the cannabis industry to allow the prominent 2015 Fortune A lot of Appealing Females Entrepreneur Award. This incredible accolade exists to 10 female founders of prospering, ingenious, revolutionary business with revenue in the $1 million-to-$25 million range.

Alaska

Qualifying conditions to become a medical marijuana patient in Alaska include:

• Cancer
• Glaucoma
• HIV/AIDS
• Cachexia (wasting syndrome)
• Nausea
• Muscle spasms
• Multiple sclerosis
• Pain
• Seizures

For a complete list of qualifying conditions and guidelines, please refer to Alaska’s application for medical marijuana registry

Arizona

Qualifying conditions to become a medical marijuana patient in Arizona include:

With the presidential election season in full power, it seems there is one thing on every marijuana enthusiast’s mind in legal states: who is going to protect my rights? Alaska, Washington, Oregon, Colorado, and Washington D.C. all have legal recreational marijuana, this is a big question in the upcoming election. Who is going to honor these states’ decision and who is going to shut it down when their term begin? Especially with the recent Republican debates, it seems some Republican candidates will have absolutely no problem showing up to Colorado’s door with federal agents.

U.S. Cannabis Benchmark Spot Index down 9% to $1,948 as harvest begins. The national price decreased by $185 per pound week-on-week, after reaching $2,133 last week, in what currently appears to have been the seasonal peak.

The fall harvest season has begun. Depending on local climate and the strains being grown, outdoor growers will generally harvest from mid-September to mid-November. Kushes and other indica-dominant strains are ready for harvest earlier, while sativa-dominant varieties require more time to mature if they are to be considered high-quality and exhibit fully the characteristics desired by consumers.

Minorities struggle for footing in lucrative cannibis industry

WASHINGTON, D.C. – It takes more than an entrepreneurial spirit and knowledge of cannabis to open up a shop in the United States' rapidly emerging legal marijuana industry.

Aspiring marijuana business owners need a clean record and access to large amounts of both financial and social capital.

"It appears that there are three different pillars to being successful," said Corey Barnette, owner of District Growers cultivation center and Metropolitan Wellness dispensary in Washington, D.C. "One is actually being qualified, capable and having a good team, and the other one is just having the politics of the situation on your side. And then thirdly, having the financial resources on your side."

In upper Northwest Washington, marijuana buds the size of zucchinis hang drying in a room once reserved for yoga. In the Shaw neighborhood, pot grown in a converted closet sits meticulously trimmed, weighed and sealed in jars. Elsewhere, from Georgetown to Capitol Hill to Congress Heights, seven-leafed weeds are flowering in bedrooms, back yards and window boxes.

Welcome to the first crop of legal pot in the nation’s capital — where residents may grow and possess marijuana but are still forbidden to sell it.