COLUMBIA, SC - South Carolina lawmakers will get their first look next week at a proposed bill that would legalize marijuana for medical use when state Sen. Tom Davis, R-Beaufort, files the S.C. Compassionate Care Act on Tuesday.

State Rep. Peter McCoy, R-Charleston, is filing the same bill in the S.C. House. He is chairman of the House Judicial Committee

The two will host a press conference Tuesday.

The proposed law would be one of the most restrictive in the country, requiring the approval of a medical doctor and two doctors for young adults aged 18 to 23.

While dispensaries would be located in every South Carolina county, the marketing and smoking of leaf marijuana would be prohibited.

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CLEVELAND — Within days, medicinal products containing marijuana could be in the hands of Ohio patients.

According to the Ohio Medical Marijuana Control Program, 4,964 patient recommendations have been submitted through the registry in four weeks. Of those recommendations, 3,575 people have activated their registry card.

One provider who will not be recommending medical marijuana to its patients is Cleveland Clinic.

In a letter posted on its 'Health Essentials' blog and shared on social media, the Clinic states, "In the world of healthcare, a medication is a drug that has endured extensive clinical trials, public hearings and approval by the U.S. Food & Drug Administration (FDA). Medications are tested for safety and efficacy. They are closely regulated, from production to distribution. They are accurately dosed, down to the milligram. Medical marijuana is none of those things."

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JAMESTOWN, N.D. -- A medical marijuana dispensary could be licensed in the Jamestown area in the next month, according to Jason Wald, director of the Division of Medical Marijuana for the North Dakota Department of Health.

The department is seeking applications for dispensaries in the Jamestown, Devils Lake, Dickinson and Minot areas this month and could issue permits in about four weeks.

Permits have already been issued for two grow facilities and dispensary facilities in Bismarck, Mandan, Fargo, Grand Forks and Williston. Dispensaries in those areas could open sometime in February, Wald said.

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New York (CNN Business) -- Marijuana is going mainstream and Wall Street has started to notice.

Recreational marijuana is now legal in Canada. And even though there is still a federal ban on pot in the United States, Washington has started to loosen some regulations on other products derived from cannabis, including hemp, following the recent passage of the Farm Bill.

Several states have also legalized recreational and medical marijuana.

That's why Vivien Azer of Cowen & Co. is extremely bullish about the prospects for cannabis companies.

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