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Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector
Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector Image Cannabis NewsSeptember 6, 2023 Washington debates ways to link the marijuana businesses with banking, ease tax burdens. Western states such as California and Oregon are overflowing with cannabis, a supply glut that is driving down prices and s
Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector
Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector Image Cannabis NewsSeptember 6, 2023 Washington debates ways to link the marijuana businesses with banking, ease tax burdens. Western states such as California and Oregon are overflowing with cannabis, a supply glut that is driving down prices and s
NYC Council to weigh awareness campaign on illicit Weed sales Image Cannabis NewsSeptember 6, 2023 The New York City Council will hear arguments on a bill Wednesday that would create an awareness campaign on the dangers of buying cannabis products from unlicensed sellers. The bill comes at a time of ongoing chaos in the state’s recreational marijua
Thieves steal $9,000 worth of marijuana from Queens smoke shop Image Cannabis NewsSeptember 6, 2023 Police are searching for a group accused of robbing a smoke shop in Queens Monday. Police said the thieves entered Zaza Smoke Shop on Bell Boulevard and threatened a 20-year-old employee working there by displaying a gun. The group stole merchandise
Lawsuit accuses N.J. Mayor of rigging Cannabis Approval for his OWN town Image Cannabis NewsSeptember 6, 2023 Cannabis Company Sues Hopewell Borough Over Licensing Process Amidst Allegations of Mayor's Conflict of Interest. A cannabis company has filed a suit against Hopewell Borough, a municipality in Mercer County, over its cannabis licensing pro
Is NJ legal Weed's explosive growth slowing down? Inside the 'tug of war' over Cannabis Image Cannabis NewsSeptember 5, 2023 When it comes to the roaring success — or critical failure — of the New Jersey cannabis industry, fingers are pointing in every direction. The dispensary operators. The regulators. The legislators. The black market. But in re
California doubles funding for Cannabis retail grants Image Cannabis NewsSeptember 5, 2023 California Doubles Funding for Retail Access Grants to Expand Cannabis Access Across the State. California’s Department of Cannabis Control (DCC) has announced it has doubled funding for the Phase II round of its Local Jurisdiction Retail Access Grant program
Rick Williams wants NFL to use Cannabis to treat players Image Cannabis NewsSeptember 5, 2023 Ex-NFL star Ricky Williams says the league is moving in the right direction by loosening its stance on cannabis in recent years. But tells TMZ Sports he's hoping Roger Goodell's organization goes one step further by allowing teams to treat players with mar
Rick Williams wants NFL to use Cannabis to treat players Image Cannabis NewsSeptember 5, 2023 Ex-NFL star Ricky Williams says the league is moving in the right direction by loosening its stance on cannabis in recent years. But tells TMZ Sports he's hoping Roger Goodell's organization goes one step further by allowing teams to treat players with mar
Major study advises young people, pregnant women and drivers to avoid Cannabis Image Cannabis NewsSeptember 5, 2023 Umbrella review of research over past 20 years says marijuana can be effective for illnesses such as epilepsy, multiple sclerosis, and chronic pain, ‘not without adverse events’. A major international study of cannabis use found that
Cannabis companies demand retail licences in New York Image Cannabis NewsSeptember 5, 2023 New York Cannabis Companies Urge Governor to Issue Retail Licenses Amid Program Rollout Chaos. In a letter to New York’s governor, four cannabis companies have highlighted the mess of New York’s adult-use cannabis programme rollout, calling on the state to is
States with weaker Marijuana laws see more impaired driving Image Cannabis NewsSeptember 5, 2023 States with less restrictive marijuana policies have higher incidents of residents driving while high, a new report finds. The Drug Free America Foundation released a new report showing that states that have legalized or weakened restrictions around hig
Who is campaigning against Recreational Marijuana, and how? Image Cannabis NewsSeptember 5, 2023 Battle Over Ohio's Adult-Use Marijuana Initiative Heats Up as Campaigns Begin. Less than two weeks after Secretary of State Frank LaRose announced that an adult-use marijuana initiated statute would appear on Ohio ballots this November, coalitions on bo
Pot stocks jump on reports that US may ease Cannabis restrictions Image Cannabis NewsSeptember 5, 2023 Embattled Canadian cannabis stocks jumped Thursday on the hope that the U.S. may ease restrictions on the substance. The Associated Press reported that the U.S. health department has recommended marijuana be moved from a schedule one to a schedule
What the federal 'Rescheduling' of Cannabis would (and wouldn't) mean Image Cannabis NewsSeptember 5, 2023 It wouldn't legalize the plant, but it may be better than nothing. Even still, the DEA has to approve the measure. You may have heard the big news that cannabis could be “rescheduled,” from Schedule I to Schedule III. Here’s what it means, wit
What the federal 'Rescheduling' of Cannabis would (and wouldn't) mean Image Cannabis NewsSeptember 5, 2023 It wouldn't legalize the plant, but it may be better than nothing. Even still, the DEA has to approve the measure. You may have heard the big news that cannabis could be “rescheduled,” from Schedule I to Schedule III. Here’s what it means, wit
Cannabis Industry enjoys a rare moment of Progress Image Cannabis NewsSeptember 5, 2023 Long-delayed step. It’s not very often that Trump supporter and Republican Representative Matt Gaetz and Democratic Senate Majority Leader Chuck Schumer are on the same page. But that’s where we found ourselves last week after the Department of Health and Human
Decibel expands global footprint into UK Medical Cannabis market Image Cannabis NewsSeptember 1, 2023 Canada-based Decibel is expanding its global footprint through a new supply agreement to provide premium dried medical cannabis flower to the United Kingdom’s 4C LABS. 4C Labs is a healthcare, technology and pharmaceutical company focused on virtua