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Marijuana rescheduling would be ‘life-changing event’ for Cannabis companies
Business & Finance
Marijuana rescheduling would be ‘life-changing event’ for Cannabis companies Image Cannabis NewsSeptember 7, 2023 The rescheduling of marijuana from a Schedule I to Schedule III drug in the United States would be transformative for the cannabis sector, CEOs of leading cannabis companies believe. Last week, the Department of Health and Human Service
Maryland dispensaries identify challenges as recreational Cannabis sales continue to grow
Business & Finance
Maryland dispensaries identify challenges as recreational Cannabis sales continue to grow Image Cannabis NewsSeptember 6, 2023 Some Baltimore-area dispensary owners seek changes to state, federal laws. While recreational cannabis sales continue to grow across Maryland, some Baltimore-area dispensaries are starting to identify some challenges. Recre
Rescheduled Marijuana spurs top Cannabis PR and Social Media Hires
Business & Finance
Rescheduled Marijuana spurs top Cannabis PR and Social Media Hires Image Cannabis NewsSeptember 6, 2023 KCSA Strategic Communications is expanding its senior leadership team in cannabis and psychedelic practices. The strategic communications firm that offers public and investor relations and social media services tapped Ellen Mellody to serve as se
Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector
Business & Finance
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
Who is campaigning against Recreational Marijuana, and how?
Business & Finance
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
Change in how feds see Marijuana could mean big tax cut for Pot retailers
Business & Finance
Change in how feds see Marijuana could mean big tax cut for Pot retailers Image Cannabis NewsSeptember 1, 2023 The biggest impact of reclassifying marijuana could be seen in industry taxes. The Biden administration is rethinking how it classifies marijuana under a federal list of drugs, a move that could allow the cannabis industry to save potentia
Huge Pot bust leads to 700 plants and hundreds of pounds of Marijuana
Business & Finance
Huge Pot bust leads to 700 plants and hundreds of pounds of Marijuana Image Cannabis NewsAugust 31, 2023 Hundreds of pounds of illegally processed marijuana were recovered last week in Merced County. According to the Merced County Sheriff’s Office, deputies issued multiple search warrants that led investigators to find 702 marijuana plants. They al
NY Cannabis industry stakeholders call for accountability
Business & Finance
NY Cannabis industry stakeholders call for accountability Image Cannabis NewsAugust 31, 2023 Ulster County Supreme Court Judge Kevin Bryant said Monday that he will not exempt any conditional retail cannabis licensees from his injunction issued on Aug 18 because the Office of Cannabis Management failed to comply with his recent order. As a result,
What would the reclassification of Marijuana mean for the industry?
Business & Finance
What would the reclassification of Marijuana mean for the industry? Image Cannabis NewsAugust 31, 2023 The announcement of the call for the reclassification of marijuana's current status has excited industry players, but it hasn't escaped criticism either. The U.S. Department of Health and Human Services sent on August 29 a letter to Anne Milgram,
Feds may reclassify Cannabis as Schedule III
Business & Finance
Feds may reclassify Cannabis as Schedule III Image Cannabis NewsAugust 31, 2023 Federal regulators are considering reclassifying cannabis from a Schedule I drug to a Schedule III, which could make doing business in medicinal and recreational sales in states where it's legal much easier. Cannabis is now classified as a Schedule I drug by the U.S. Dr
Canadian Medical Cannabis exports jump 50% amid decreasing domestic sales
Business & Finance
Canadian Medical Cannabis exports jump 50% amid decreasing domestic sales Image Cannabis NewsAugust 30, 2023 Canadian cannabis companies are increasingly turning to the international medical cannabis market, seeing exports increase by 50% last year. Declining domestic medical cannabis sales and an increasingly competitive adult-use market are forci
New York brings cannabis licensing to complete halt
Business & Finance
New York brings cannabis licensing to complete halt Image Cannabis NewsAugust 30, 2023 "Cannabis Licensing Process Grinds to a Halt in New York Amid Legal Injunction and Regulatory Criticisms. New York has seen its cannabis licensing process draw to a complete halt after a temporary injunction was implemented on New York’s Conditional Adult-Use Ret
Traffic stop leads to officers finding nearly 6 pounds of Marijuana during search
Business & Finance
Traffic stop leads to officers finding nearly 6 pounds of Marijuana during search Image Cannabis NewsAugust 30, 2023 The Mauldin Police Department said that one person was arrested and charged after a traffic stop led to a drug bust on Tuesday. Officers said that while patrolling the area of 276 and North Main Street, they conducted a traffic stop
Ohio to vote on Recreational Marijuana in November
Business & Finance
Ohio to vote on Recreational Marijuana in November Image Cannabis NewsAugust 29, 2023 CINCINNATI - 23 states across the US have legalized the recreational use of marijuana. The debate continues over whether Ohio should be the next. "This is just a money making opportunity for the marijuana industry and makes it easily more accessible to our familie
Cannabis court battle
Business & Finance
Cannabis court battle Image Cannabis NewsAugust 28, 2023 Uncertainty Continues for New York Cannabis License Holders as Lawsuits Delay Application Process Results. New Yorkers holding a license to sell cannabis will have to wait another two weeks to hear their fate as the courts hear lawsuits challenging the state’s application process. Erica Ford,
Minnesota Cannabis cooperative has high expectations
Business & Finance
Minnesota Cannabis cooperative has high expectations Image Cannabis NewsAugust 28, 2023 Minnesotans can now possess and grow their own cannabis, but it'll take at least a year for the industry to start evolving. Minnesota became the 23rd state in the nation to legalize cannabis use for people 21 and older. But Aug. 1, when the law went into effect,

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