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Jamaica will decriminalize pot possession and Bermuda is thinking about it, legalization initiatives in Alaska and Oregon get big bucks donations, medical marijuana reform is moving in the DC city council, and more.

The Obama administration took an important step toward legitimizing legal marijuana commerce Thursday by issuing new guidelines that will allow financial institutions to service the industry without fear of federal prosecution.

A solution to the legal marijuana industry's banking woes is coming soon, Attorney General Holder suggested Thursday. But the devil is in the details.

Adult marijuana sales become legal tomorrow in Colorado, but would-be retailers are having to deal with some bumps in the road.

The times they are a-changing, if Tuesdays Senate Judiciary Committee hearing on marijuana policy is any indication. Only one senator suffered from Reefer Madness; the others wanted to figure out how to make things work.

Hemp advocates are emboldened by last month's Justice Department guidance on marijuana reform in the states and are moving forward, both on Capitol Hill and in the states.

The IRS's use of an obscure provision to deny standard exemptions to medical marijuana dispensaries is causing pain to patients and providiers, and inspiring some creative thinking among law professors.

In its war against the diversion of prescription pills, the DEA has targeted doctors, pharmacies, wholesale drug suppliers, and now package delivery services. UPS has buckled, but FedEx is resisting.

Now, here's some news we didn't expect: US Senate Minority Leader Mitch McConnell has endorsed a pending hemp bill in his home state of Kentucky.

America's first legal members-only marijuana consumption clubs have opened this week in Colorado.