Gov. Robert Bentley signs medical cannabis oil bill

Gov. Robert Bentley has signed into law a bill to allow people with debilitating medical conditions to use cannabidiol, which is made from the same plant as marijuana. The bill, known as Leni’s Law, expands on a bill passed two years ago, known as Carly’s Law, that authorized a UAB study on using cannabidiol to…

As legal US cannabis sales soar, start-up reality sets in

  The forecasts for legal U.S. cannabis sales are in the billions. But entrepreneurs in the weed trade, despite landing in hot markets like Colorado, face a bit of a reality check. That’s due, in part, to a lack of traditional financing tools like banking, and still growing stream of venture capital into the industry.…