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South Dakota hemp farmers are gearing up for the growing season while lawmakers tinker with a bill that would allow them to plant a crop this year. A key change to the original bill would permit year-round applications to grow, rather than a 60-day window. Another amendment lowers the entry barrier of five outdoor acres to half an acre and allows f
The second year of recreational marijuana sales in Illinois is off to a fast start. Through February, the state generated nearly $170 million in recreational sales, more than double the total from the first two months of 2020, according to the Illinois Department of Financial and Professional Regulation, which licenses marijuana dispensaries. Ori
As the cannabis and hemp marketplace continues to mature, more investors have begun to enter the playing field. These groups look at the cannabis space as an opportunity to acquire or merge with businesses that can offer potentially high returns. But this process is not as simple as it seems. Sometimes, the true financial picture of a company is no
Will Cannabis Stocks Resume Upward Momentum? Marijuana Stocks have begun to regain some of the market value they lost at the end of February. On the first day of March, top cannabis stocks saw upward momentum as the day progressed. During trading top pot stocks like Curaleaf Holdings, Inc. (OTC: CURLF) ended March 1st up 3.4% showing signs of possi
A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and launched a modern snowshoe. Some consumers associated snowshoeing with flimsy equipment, tedious exercise and winter vacationers who prefer to veer away from ski resorts. That simply wasn’t going to work. So we utilized innovative engineering and design
Hemp Acres, located in Waconia, Minn., is expanding its hemp processing operation. “We have recently taken the leap to secure 37,000 square feet of food-grade space, just a couple miles from my farm, and have been converting it to a food-grade facility over the last few months,” said Charles Levine, owner of Hemp Acres. Hemp Acres came to fruiti
Cannabis may be one of the hottest investments of the year. Original link
The origin story for Mothers Mary, an online community of mothers who consume cannabis, begins on Facebook. Original link
Hopefully, in time, these cities will reevaluate the deleterious effects these ordinances have on sales taxes and consumer choice. Arizonans knew zoning issues could cause headaches for dispensary owners. However, what was unanticipated are the new bans by some of the Arizona cities for recreational marijuana establishments. Shortly after the passa
Are These Cannabis Stocks On Your March Watchlist? On February 23rd the entire stock market was down. This presented a good chance to find top marijuana stocks to buy at lower prices. Moments like this can be a good opportunity for investors as prices start to dip. Now just because you buy the dip does not always mean that a particular cannabis sto
Cultivation, one of humanity’s oldest crafts, is undergoing radical transformation. And it has cannabis grows to thank for it. The roots of farming go back more than 12,000 years as hunter-gatherers established agrarian communities to centralize food production, sharing the work and harvest. Naturally, these early societies recognized that certai
The German medical cannabis market that has evolved since 2017 when the law formally changed to mandate that public health insurance cover medical cannabis, is a very different beast than any that have come before it. Starting with the fact that on the medical side, those who grow and distribute as well as dispense the plant and medicines derived f
The University of Florida Institute of Food and Agricultural Sciences (UF/IFAS) announced its partnership with Roseville Farms to implement an industrial hemp program. The program, which is led by Brian Pearson, an assistant professor of crop management at the UF/IFAS Mid-Florida Research and Education Center, "provides a science-based evaluation o
While South Dakota is still stalled when it comes to making legal cannabis a reality within state borders, the state is already working on legislation that allows banks to decide whether or not to do business with the legal cannabis and hemp industry. Original link
It can be argued that the high taxes are well-intentioned, signaling support for an inclusive cannabis market. Due to ongoing federal prohibition, America’s cannabis regulations remain fragmented by state. Until reform occurs, states will continue to set their program frameworks, including how it taxes the supply chain, with consumers feeling the b
The medical marijuana market in Florida created nearly 15,000 new jobs in 2020 and employs an estimated 31,444 state residents, according to a new analysis. Florida recorded nearly $1.23 billion in marijuana sales in 2020, according to the report posted by Leafly and Whitney Economics. Florida’s sales were more than every state except California an
