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The majority of NJ voters across the political spectrum said they’d support legal cannabis, but probably wouldn’t use it. New Jersey Gov. Phil Murphy suggested earlier this month that legalizing recreational marijuana would be “an incredibly smart thing to do.” According to a new poll, New Jersey residents across the political spectrum agree, with
Read more at Benzinga Racial and gender diversity in the marijuana industry "is still lacking — especially in ownership and executive positions," according to MJBizDaily Research Editor Eli McVey. While the industry has taken steps to improve, more is required from it, McVey noted. With the national spotlight currently focused more intently on civi
Like everything else touched by COVID-19, unexpected trends and shifts have occurred in the cannabis industry. One such shift is towards consumers seeking value products, which are rising in popularity due to a reduction in work and income across many different industries as the COVID-19 crisis wears on. In particular, low price/high THC combinatio
The European Commission (EC) has suspended new applications for food products containing natural CBD while it considers labelling such products as “narcotics-related.” The commission has reached a “preliminary conclusion” that extracts from the flowerings of hemp plants should be considered a drug under the United Nations Single Convention on Narco
It’s one thing to decriminalize cannabis, but it’s another to encourage use with marketing and advertising that reaches kids. And that’s the problem: Almost all commercial advertising makes its way to the eyes and ears of children. If we care about public health, we should ban all cannabis ads. San Diego banned cannabis billboards within 1,000 feet
How This Summer Could Continue to Push the Boundaries of Pot Stock Growth Original link
The first (legal) industrial hemp crop to be planted in the U.S. state of Louisiana in modern times is being severely impacted by a fungal disease. What was one the USA’s hemp holdout states finally jumped on the nation’s industrial hemp revival bandwagon in June last year when Louisiana Governor John Bel Edwards signed off on legislation recognisi
As legislation moves through Congress to legalize cannabidiol (CBD) and other hemp-derived product use by military service members, the Navy has taken the ban a step further. The Navy recently administered a memo clarifying that service members are prohibited from using “any products containing, made or derived from hemp” regardless of their stated
A new report found that price was the second biggest factor for consumers when making CBD purchase decisions. The passage of the 2018 Farm Bill legalizing hemp sparked a CBD rush with millions in sales and seemingly everyone starting a company using some form of hemp-derived cannabis oil. Last year’s BDSA and Arcview Market Research, industry repo
Delegates of the Democratic National Committee voted down a proposal to include the federal legalization of cannabis in the party’s 2020 platform on Monday. Platform committee delegate Dennis Obduskey of Colorado had introduced an amendment to include marijuana legalization in the platform, but the proposal was rejected by the committee with a vote
Black markets and grey markets pervade daily life in nearly every way. The idea of below board brands, or fakes markets are certainly nothing new. What do they mean to the newly legal cannabis market? And what are the problems that have been popping up as cannabis becomes the new darling of legally sold goods? As legal cannabis markets grow, both m
Agriculture Commissioner Rick Pate stopped by Bluewater Hemp’s facility in Decatur Tuesday to check out its operation. Pate says Alabama’s hemp growers are meeting the mark so far. He wants to see farmers raise the bar when it comes to production so Alabamians can purchase products made in the state. “I’m looking forward to Alabama products, Alabam
Estimates show legal marijuana could produce $1 billion in tax revenue, and long-time opponents now seem open to the idea. Slowly but surely the idea of recreational marijuana has gained steam in the unlikeliest of states — Texas. The Houston Young Republicans and Texas NORML called upon Texas Gov. Gregg Abbott to legalize and tax the sale of canna
With recreational marijuana introduced locally, the industry is becoming more of an influence in the state’s economy reports WOOD-TV 8. The state’s Marijuana Regulatory Agency shows that prices are falling, while sales are on the rise. The industry is broken up into two sections: medical and recreational. Medical is more restrictive and requires a
A battle over wine and cannabis in Santa Barbara County, pitting neighbor against neighbor, is coming to a head. On June 30, a report from a grand jury tasked with monitoring local government issued a scathing report criticizing the county board for its mismanagement of the county's cannabis production. "The jury believes the Board of Supervisors,
Since this only covers novel foods, this may not have an effect on CBD in other kinds of products, such as cosmetics. The craze for hemp-derived cannabidiol (CBD) extends beyond the United States and into Europe. We’ve written a good amount on the difference between how the European Union (EU) regulates CBD in contrast to the United States, and lin
From a cannabis heaven in the 60’s and 70’s to a restricted country after caving to international pressure, Nepal has some interesting cannabis laws, and might be looking at some substantial updates toward legalization in the near future. Nepal is a landlocked country in Asia surrounded mainly by India from three sides, and Tibet from the north. It
This first successful export of hemp seed from Australia to New Zealand recently occurred under new legislation removing some roadblocks to Australia’s hemp and medicinal cannabis sectors. There wasn’t any further detail on the nature of the export – for example if it was hulled seed, raw seed for food purposes or seed for planting – or the company