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The 2022 Pennsylvania Hemp Summit ran Tuesday and Wednesday in Lancaster, featuring nearly 100 hemp growers and entrepreneurs. Industrial hemp is grown for fiber and seed. It is a different variety of the plant that produces marijuana and became regulated with marijuana in the 1950s and 1960s. Industrial hemp must maintain a concentration of the ps
The concept made its first trip through a Kreider Farms brainstorming session about six years ago. Hemp products were only an exciting idea then. Not yet a legal possibility. Eggs were a natural starting point for Kreider, which was already producing a wide range of organic and brown options. That led to a question. “Why not throw some hemp in
The Garden State raked in the green during the state’s first day of recreational marijuana sales. More than 12,000 people headed to dispensaries and bought nearly $1.9 million worth of cannabis and cannabis products, according to the New Jersey Cannabis Regulatory Commission. In the days since sales started on Thursday, lines have been steady at di
Kerry Trammel and Michael Yager are excited to be at the forefront of New York's recreational cannabis industry. But they're also nervous, since the market hasn't been established yet and they're not sure exactly what to expect. Trammel, owner of The Releaf Market in Jamestown, and Yager, one of the owners of Yager Farms in Eden, are among the
Illinois could have realized an additional $600 million in revenue from recreational marijuana sales, according to an analysis by the Illinois Policy Institute. The group said it found a complicated tax system and restrictive licensing has cut into the state's revenue stream. In 2021, Illinois took in $317 million from cannabis taxes despite the de
In March, Arizona generated more tax revenue from legal marijuana than from tobacco and alcohol, reported Marijuana Moment. (Article Originally Appeared on: Benzinga) The state receives Marijuana Tax revenues from three different sources: 1) the 16% Recreational Marijuana Excise Tax; 2) Sales Tax applied to Recreational Marijuana purchases; and 3)
On Monday night, the Billings City Council brought its marijuana laws in line with state marijuana laws and lowered the age a person can work for or own a marijuana business from 21 to 18. The city has the right to establish an age requirement for marijuana business license holders and their employees, but voted 8-3 to lower the minimum age to 18
This could give new meaning to Big Apple pizza joints. New York State officials are weighing whether to allow pizzerias and other eateries to sell fresh cannabis-infused grub and packaged pot edibles, The Post has learned. Aaron Ghitelman, a spokesman for the state Office of Cannabis Management, confirmed there have been discussions about awarding
BlueKudu's artisanal infused chocolates will be available at all 45 Curaleaf locations statewide Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today announced the launch of BlueKudu infused chocolates at all 45 Curaleaf locations in Florida. Acquir
Regulators' plan for a cannabis market that benefits communities that suffered from criminalization is taking longer to set up Moke Mokotoff, the 72-year-old behind a Columbia County hemp farm newly licensed to grow marijuana for recreational use this summer, is hurriedly preparing to cultivate for New York's first legal recreational sales next w
Fifth-generation family bedmaker Harrison Spinks has confirmed its expansion into new North Yorkshire farmland to support its growth and sustainability plans, which will increase the company’s hemp production. The new Ryther-based farmland spans 80 acres and will be used to increase the company’s production of industrial hemp. The increase in hemp
Delta 9 Cannabis Inc. was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 1,500 shares, a drop of 25.0% from the March 15th total of 2,000 shares. Based on an average trading volume of 24,700 shares, the days-to-cover ratio is presently 0.1 days. Shares of DLTNF traded dow
Since cannabis remains illegal in much of the world, raising investment can be tricky. This week, guest writer Ken Parks takes a look at how one Luxembourg-based company with operations in Latin America is looking at a new method to solve this problem. Using blockchain in a quest for growth A fund that invests in Latin American cannabis companies
Are These Marijuana Stocks Now Long-Term Investments? Which marijuana stocks will people invest in this week?. As New Jersey and New York start the sale of legal cannabis will the sector see some upward momentum? Some feel there is a chance on that day some marijuana stocks with businesses in the state could possibly see better trading. Mainly MS
Although United States (US) cannabis companies have been under pressure so far this year, we believe the market is in the early innings of hyper-growth cycle and are of the opinion that many operators (large and small) are undervalued. (Click here for article) Since 2020, several states have legalized recreational cannabis and we have been impresse
Recreational marijuana is said to bring in millions of revenue for the state, but that does not mean every business will benefit from the new industry. According to the state of New Mexico, the industry will bring in $50 million in state revenue. State leaders say that it will be used for state programs such as housing, food insecurity, and econo
