(AP) - Legal marijuana is a $5 billion business in the U.S., and Steve Janjic figured he'd get a piece of it. With a commodity exchange. For a product that can't be transported across state lines. Not to worry. "It's never easy to pioneer an industry," said Janjic, a former foreign exchange executive at Tullett Prebon LLC who has put $1 million into Amercanex Corp., an electronic cannabis-trading platform that handles sales of about 100 to 150 pounds of marijuana a week. [continues 786 words]
ANOKA, Minn. -- For a premature baby delivered by a woman addicted to methamphetamine, little Logan Meir was coming along pretty well. Doctors treating his underdeveloped palate had removed the tracheal tube he was breathing through and had sewn up the hole. If all went well, he would be ready for adoption in just a few days. "The doctors say he will never run a marathon or climb a mountain, but otherwise he should be normal," his social worker, Libbie Pelletier, told Anoka County Judge Jenny Walker Jasper. [continues 922 words]
MINNEAPOLIS - Attorneys who represented Minnesota and an insurance company in their lawsuit against the tobacco industry are being paid $466 million - a much smaller fee than the lawyers had hoped to receive. That agreement is a key aspect of the $6.6 billion settlement of Minnesota's tobacco lawsuit, and it should prevent the acrimony that has plagued tobacco deals in other states. The hometown firm of Robins, Miller, Kaplan and Ciresi will get 7.1 percent of the $6.6 billion that cigarette makers are paying to the state and Blue Cross and Blue Shield of Minnesota. [continues 318 words]
