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Illinois’ Marijuana tax revenue is the highest in the country, next to California Image Cannabis NewsMay 5, 2023 SPRINGFIELD - Illinois made $562 million in taxes from marijuana sales in 2022, according to the Marijuana Policy Project. Illinois taxes legal cannabis with some of the highest rates in the country, with up to 40% over the sale price, p
Alaska’s US senators join push to protect banks serving Cannabis businesses Image Cannabis NewsMay 5, 2023 Alaska’s two Republican senators are part of a group of federal lawmakers seeking to protect banks that serve the marijuana industry from federal penalties. An effort that has repeatedly flamed out in the face of GOP opposition and Democratic
Monterey City Council approves four locations for future retail Cannabis stores Image Cannabis NewsMay 5, 2023 The Monterey City Council voted 4-1 on Tuesday, May 2, for up to four possible retail cannabis locations. Within the city, it increases the previous idea of three locations—Alvarado Street, Lighthouse Avenue and the Cannery Row district—to
Ben & Jerry’s Cofounder gets fully baked with new nonprofit Cannabis company Image Cannabis NewsMay 5, 2023 Ben Cohen just launched a weed brand with a high-minded purpose—giving away 100% of its profits to right some of the racial injustices from America’s War on Drugs. Ice cream sold separately. One summer night in 1970, years before Ben Cohen te
Weed and the Royal Family? Image Cannabis NewsMay 5, 2023 In a cathedral packed with people. Does anyone what to just chill and savor the moment? The coronation is upon us and the great crown is to be passed. As Westminster Abbey is filled with 2,000 guests, one wonders if anyone is discreetly using a vape or an edible to get through the ceremony.
US Industrial Hemp plunges from last year Image Cannabis NewsMay 4, 2023 The USDA National Agricultural Statistics Service has released its second annual National Industrial Hemp survey. Rocky Mountain Regional Field Office Director, Rodger Ott says compared to last year, there are big changes in the 2022 report. “There were 28,300 acres of hemp gr
Is Cannabis legalisation a threat to spirits? Image Cannabis NewsMay 4, 2023 Major drinks companies are eyeing up the cannabis sector, but are holding out for legislation to be passed before truly committing to it. It’s been nearly five years since Canada legalised the sale and consumption of marijuana. Since then 21 states in the US have allowed i
Voters react to the results on banning Recreational Marijuana in Montrose Image Cannabis NewsMay 4, 2023 MONTROSE - Voters in Montrose rejected a ban on marijuana facilities in the city. Mid-Michigan's May special election came down to a margin of less than 1%. Results show 240 people voted against the ban while 232 voted in favor. The proposed dis
Cannabis sales in Vermont hit record high in February Image Cannabis NewsMay 4, 2023 The fledgling adult-use cannabis industry in Vermont continues to hum along, with sales hitting a record high in the month of February. Heady Vermont reports that sales that month amounted to $6,477,957, which also represented a “a slight uptick in rate of sales gr
High fees, long delivery times work against cannabis retailers, store owners say Image Cannabis NewsMay 4, 2023 Businesses call for changes to help them survive in competitive market. Some cannabis store owners say the current retail structure works against businesses — and they want changes to help them survive in what's become an ultra-competitiv
Are Cannabis consumption lounges the next hookah bars? Image Cannabis NewsMay 3, 2023 Inside the untapped business model. KALKASKA - Across the state, pubs, cigar bars and even hookah lounges are common. Could cannabis consumption lounges be next? Michigan is among 10 states that have legalized public cannabis consumption on some level. Cannabis lo
First legal Pot sales start on Long Island with home delivery Image Cannabis NewsMay 3, 2023 Marijuana delivered right to your doorstep. After greeting a delivery worker on his doorstep, showing his ID and signing his name, Bryan Brown finalized the first legal recreational cannabis sale on Long Island this Tuesday. The exchange — from the second t
World's tallest 'hemp hotel' trails South Africa's green credentials Image Cannabis NewsMay 3, 2023 Cape Town - With 12 storeys, a breathtaking view of Cape Town's imposing Table Mountain and a minimal ecological footprint, the world's tallest building made with industrial hemp is soon to open its doors in South Africa. Workers in central Cape Town
Montana lawmakers approve Cannabis tax bill Image Cannabis NewsMay 3, 2023 The Montana legislature has passed a bill to allocate revenue generated by taxes on recreational marijuana. Montana lawmakers on Monday passed a bill to allocate revenue from taxes on recreational marijuana, sending the bill to the desk of Republican Governor Greg Gianforte
Feds relax rules regarding Cannabis use to attract younger workers Image Cannabis NewsMay 3, 2023 But don’t get too excited, they’re your toxic ex who never really changes. No one understands how regressive (and…evil) the feds are. Thanks for burning down all of those fields of pretty plants over the years, guys, not to mention the countless lives
Oregon Secretary of State Shemia Fagan quits Marijuana consultancy Image Cannabis NewsMay 2, 2023 SALEM - Oregon Secretary of State Shemia Fagan announced Monday she has quit her consultancy with a marijuana company and apologized to Oregonians for "harming the trust that I've worked so hard to build." But she also says she followed state ethics gu
