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Chicago-based Cannabis giant Cresco Labs loss widens on $61M charge for taxes Image Cannabis NewsAugust 8, 2024 Revenue remains about flat at $184 million. Cannabis retailer Cresco Labs Inc. said Thursday its second-quarter loss widened on a $61 million charge related to its tax position, as revenue remained about flat. Cresco Labs said it lost $51
How the Cannabis Industry Thrives on Innovation Image Cannabis NewsAugust 8, 2024 If you're not part of it, you might not realize cannabis is one of the most innovative spaces right now. Imagine a massive, $27 billion (and growing) industry that can’t use everyday, traditional consumer infrastructure. There’s no Amazon, PayPal, Doordash, Target, Ba
How the Cannabis Industry Thrives on Innovation Image Cannabis NewsAugust 8, 2024 If you're not part of it, you might not realize cannabis is one of the most innovative spaces right now. Imagine a massive, $27 billion (and growing) industry that can’t use everyday, traditional consumer infrastructure. There’s no Amazon, PayPal, Doordash, Target, Ba
California seizes over $120M in illegal Cannabis since January Image Cannabis NewsAugust 8, 2024 California's Unified Cannabis Task Force Seizes $120 Million in Illegal Cannabis, Reinforcing Support for Legal Market. In strong support of California’s legal cannabis market, Governor Gavin Newsom announced that since January, California’s Unified Can
NY Cannabis Control Board Faces Backlash Over Proposal to Ease Buffer Rules for Pot Shops Image Cannabis NewsAugust 8, 2024 NY Cannabis Control Board considers easing buffer rules for legal pot shops. Why critics are slamming the idea. Gov. Kathy Hochul's Cannabis Control Board said it's considering loosening the rules so that more legal weed store
Why Thailand legalized Marijuana — and then almost banned it again Image Cannabis NewsAugust 7, 2024 In sticky, sweaty Bangkok, there seemed to be more weed shops than there were Buddhist temples — and there were a lot of temples. Some shops were decorated with psychedelic art on the walls, beanbags laid out over the floor and ambient music playing
County judge breaks tie over Cannabis-related businesses Image Cannabis NewsAugust 7, 2024 Judge Executive David Westerfield Bans Cannabis Business Operations in Laurel County. Due to multiple tied votes on Monday morning, Judge Executive David Westerfield (standing) ultimately made the call to prohibit cannabis business operations in the county. T
University of New England to offer online Cannabis education classes Image Cannabis NewsAugust 7, 2024 Four certificate programs will train students about business, medical, legal and agricultural aspects of the cannabis industry. The University of New England Online will soon offer a set of classes aimed at teaching students about one of the state
University of New England to offer online Cannabis education classes Image Cannabis NewsAugust 7, 2024 Four certificate programs will train students about business, medical, legal and agricultural aspects of the cannabis industry. The University of New England Online will soon offer a set of classes aimed at teaching students about one of the state
Ohio's Early Cannabis Sales Draw Crowds Despite High Prices Image Cannabis NewsAugust 7, 2024 Ohio's earliest cannabis sales drew crowds across the state. Some have sticker shock. For Brian Wingfield, the wee hours of Tuesday morning felt reminiscent of late December, even though it was already 75 degrees Fahrenheit at 4 a.m. in Columbus. “I kind o
New York State Shuts Down Over 1,000 Illegal Cannabis Shops Image Cannabis NewsAugust 7, 2024 Hochul's Crackdown on Illegal Cannabis Shops Results in Over 1,000 Closures Statewide. This spring, after calling the roll-out of New York’s legal cannabis industry a “disaster,” Gov. Kathy Hochul also promised a new crackdown on the thousands of illegal c
Support Amendment 3 to Legalize Marijuana in Florida Image Cannabis NewsAugust 7, 2024 Light the flame of freedom in Florida: Let pot smokers blaze up. Floridians should be free to smoke pot Republican state Sen. Joe Gruters is correct (“I’m a very conservative Republican. Here’s why I support legalizing marijuana in Florida,” Aug. 1). Passing Amen
Support Amendment 3 to Legalize Marijuana in Florida Image Cannabis NewsAugust 7, 2024 Light the flame of freedom in Florida: Let pot smokers blaze up. Floridians should be free to smoke pot Republican state Sen. Joe Gruters is correct (“I’m a very conservative Republican. Here’s why I support legalizing marijuana in Florida,” Aug. 1). Passing Amen
Recreational Marijuana sales in Ohio expected to generate hundreds of millions in revenue Image Cannabis NewsAugust 7, 2024 The first day of recreational marijuana sales in Ohio started with long lines of enthusiastic customers, right up until closing time. One of the key arguments for getting this passed was the tax revenue it would generate. An e
US Cannabis Industry ‘Thrilled’ at Choice of Pro-Cannabis Democratic VP Candidate Tim Walz Image Cannabis NewsAugust 7, 2024 Kamala Harris Picks Cannabis Advocate Tim Walz as Running Mate for Historic 2024 Campaign. Despite the 60-year-old political veteran appearing popular with voters, with past polling suggesting higher approval ratings than his
Cannabis Control Commission Turmoil Threatens Massachusetts’ $7 Billion Industry Image Cannabis NewsAugust 7, 2024 The Cannabis Control Commission is in chaos, and the state’s $7 billion pot industry is paying for it. Months of scandal and a call for receivership have many questioning who is at the helm of the state agency, and what their dysfuncti
Italian Hemp Industry in Battle for Survival After Amendment Criminalising All Hemp Is Approved by Two Committees Image Cannabis NewsAugust 6, 2024 Italy Moves to Ban Flowering Hemp: A Blow to the Cannabis Industry. Italy’s government has approved a controversial amendment to its Security Bill, which, if passed by the Chamber and Senate, would effe
Arizona’s pre-roll boom: What’s hot in the desert Cannabis scene Image Cannabis NewsAugust 6, 2024 Arizona's Pre-Roll Market: A Booming Industry in the Grand Canyon State. If you’ve been keeping an eye on Arizona’s weed scene, you’ve probably noticed that it’s experienced significant growth.But among Arizona’s cannabis market, one category has been
