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Legalized cannabis represents a significant new business opportunity for the insurance industry, according to a report released Tuesday by New Dawn Risk Group Ltd., a London-based brokerage.
Roll aside, toilet paper. Oklahomans rushed to purchase another product in record volume last month, as medical marijuana dispensaries logged enough sales to spike tax collections by more than 25%.
The COVID-19 crisis has packed a big wallop to the legal cannabis industry that will likely unleash repercussions in the months and years to come.
As Illinois’ economy has come to a screeching halt in the wake of the COVID-19 crisis, recreational weed has remained a hot commodity with sales topping $37 million last month.
The U.S. Department of Agriculture (USDA) recently released guidelines for processing federal loans for the hemp industry.
Any brand can claim that their cannabis products are “lab tested.” But this doesn’t really mean anything unless they provide access to third-party lab results.
Medical marijuana has technically been legal in Missouri since January 1, but dispensaries have been unable to open until they meet seed-to-sale requirements.
Non-alcoholic CBD-infused beverages are the fastest-growing segment of the "drinkables" market, largely driven by the growing demand for wellness products as a replacement for soft drinks and alcohol.
The owner of High Times is going to start selling marijuana after championing its use in the pages of its magazine for nearly half a century.
Reps. Earl Blumenauer (D-Ore.) and Ed Perlmutter (D-Colo.) have introduced a bill to make legal cannabis businesses eligible for federal coronavirus relief aid meant for small businesses.
Your new year’s resolution for 2020 was to lose weight. And this time, you really are committed to making it happen.
Maine's marijuana czar says launching the adult-use industry by June is 'simply unrealistic.'
“Unfortunately, a large number of small businesses in Colorado are not eligible for these loans due to their involvement in the state-legal cannabis industry, which is a major employer and tax revenue generator in our state,” Gov. Jared Polis (D) wrote in a letter to a Colorado congressman on Monday.
As a primary care doctor who has incorporated medical cannabis into his practice, it is notable how many silver-haired patients are coming in to discuss the pros and cons of a trial of medical cannabis.
According to the Illinois Department of Financial and Professional Regulation, adult-use cannabis sales hit $35,902,543.22 in March.
While some medical marijuana states allow home cultivation, others do not, potentially harming lives during the coronavirus outbreak.
COVID-19 is having a multi-million dollar impact on the state budget. One lawmaker said the solution might be to legalize recreational marijuana.
As the economic damage from the coronavirus pandemic piles up, U.S. cities and states are set to face significant lost revenue given the loss of business activity.