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Cannabis stocks get buzzed on Germany’s easing of laws

Cannabis stocks get buzzed on Germany’s easing of laws

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Cannabis NewsMarch 25, 2024

Germany's Cannabis Legalization Spurs Stock Surges and Industry Expansion Plans. Last week, Germany’s upper house, the Bundesrat (made up of federal state delegates), passed legislation to legalize cannabis starting April 1, 2024, but with limitations. The move prompted several cannabis stocks to

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Oregon State receives grant to work with 13 Tribes on Hemp economic development

Oregon State receives grant to work with 13 Tribes on Hemp economic development

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Cannabis NewsMarch 25, 2024

Oregon State University's Hemp Innovation Center Secures $10M Grant to Boost Native American Economic Development. Oregon State University’s Global Hemp Innovation Center has received a $10 million grant to work with 13 Native American Tribes to spur economic development in the western United States

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Manufacturing skis from Hemp tapes

Manufacturing skis from Hemp tapes

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Cannabis NewsMarch 25, 2024

Bio-based composites were winners of this year's JEC Composites Innovation Award, including a snowboard made from hemp tapes from Fuse GmbH. In the reinforcement of composites, natural fibres are becoming increasingly important as an efficient, sustainable alternative to synthetic high-performance

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Colorado’s cooling Marijuana industry leaves many smaller industrial buildings vacant

Colorado’s cooling Marijuana industry leaves many smaller industrial buildings vacant

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Cannabis NewsMarch 25, 2024

In late 2022, real estate broker Jake Malman listed a former marijuana grow facility at 890 Navajo St, in Denver for $9 million. It would sell for $4.1 million a year later. “The market dictates pricing ultimately, and they beat it down,” said Malman, the owner of Malman Commercial Real Estate

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Treasury Secretary Yellen Calls for Action on Marijuana Banking Conflict

Treasury Secretary Yellen Calls for Action on Marijuana Banking Conflict

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Cannabis NewsMarch 25, 2024

Treasury Secretary Janet Yellen Pushes for Legislation to Resolve Marijuana Banking Conflict. U.S. Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would rectify the conflict between federal and state laws on the sale and use of marijuana that is preventing

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Schumer Petition Aims to Rally Support for Marijuana Banking Reform

Schumer Petition Aims to Rally Support for Marijuana Banking Reform

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Cannabis NewsMarch 25, 2024

The Chuck Schumer Cannabis Banking Push: Key Insights and Strategic Moves. Chuck Schumer is rallying support for the marijuana banking bill, emphasizing its necessity for business safety. The SAFER Banking Act seeks to provide crucial financial services to legal marijuana businesses, as pushed by

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Former Mayor, Assemblyman Opens New Jersey Dispensary

Former Mayor, Assemblyman Opens New Jersey Dispensary

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Cannabis NewsMarch 25, 2024

Former politician Scott Rudder is owner and operator of a new dispensary in Riverside, New Jersey. Former Medford, New Jersey mayor and former New Jersey General Assemblyman Scott Rudder is opening a dispensary in Riverside in his home state. Riverside, a suburb in the greater Philadelphia-Camden

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False Dosage Labels on 96% of Tested Amazon Hemp Products, Many With No Hemp or CBD

False Dosage Labels on 96% of Tested Amazon Hemp Products, Many With No Hemp or CBD

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Cannabis NewsMarch 25, 2024

Under Amazon’s current regulations, CBD product sales are not technically allowed, though that doesn’t stop suppliers from selling them anyway. A new analysis shows that more often than not, consumers aren’t getting what they pay for. In the midst of blossoming cannabis and CBD reform throughout the

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Cannabis review calls for several changes as industry struggles

Cannabis review calls for several changes as industry struggles

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Cannabis NewsMarch 22, 2024

Cannabis Industry Experts Urge Tax Reform and Packaging Innovations in Federal Report. A group convened by the federal government to study the legislation that made cannabis legal is recommending the country review one of the industry’s biggest gripes: excise taxes charged to pot producers. A report

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St. Louis' Triple THC Cannabis Seltzer Brand Hits the Market

St. Louis' Triple THC Cannabis Seltzer Brand Hits the Market

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Cannabis NewsMarch 22, 2024

The delta-9-infused beverage brand was founded by two former Wash U students. A new cannabis seltzer created in St. Louis by two former students of the Washington University School of Business has made its debut. Triple THC-infused seltzers come in three flavors — lime, cherry-lemon and grapefruit —

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New York must allow commuters and visitors to access their Medical Weed

New York must allow commuters and visitors to access their Medical Weed

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Cannabis NewsMarch 22, 2024

New York Lawmakers Urged to Expand Medical Cannabis Access Across State Lines. Every day, hundreds of thousands of people travel to the Empire State to go to work, catch a Broadway show, experience Niagara Falls or to conduct business in the economic capital of the world.   Inevitably, some of these

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Seven years later, is legal Recreational Cannabis really worth it?

Seven years later, is legal Recreational Cannabis really worth it?

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Cannabis NewsMarch 22, 2024

The Unintended Consequences of Legalized Marijuana: A Critical Review. We are now more than seven years into our state’s experiment with widely available recreational and medical marijuana. Since its legalization, cannabis has become commonplace in our state — from advertisements on billboards to

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Yellen would welcome US legislation to aid Cannabis banking access

Yellen would welcome US legislation to aid Cannabis banking access

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Cannabis NewsMarch 22, 2024

US Treasury Secretary Calls for Legislation to Address Banking Issues for Cannabis Firms. US Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would rectify the conflict between federal and state laws on the sale and use of marijuana that is preventing cannabis

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Five elementary students taken to hospital after eating Cannabis edibles

Five elementary students taken to hospital after eating Cannabis edibles

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Cannabis NewsMarch 22, 2024

Elementary Students Hospitalized After Ingesting Cannabis Edibles at School. Five elementary school students were taken to hospital on Wednesday after eating cannabis edibles. According to Halifax Regional Police, officers were called to Springvale Elementary in Halifax around 2:45 p.m. to a

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State Attorneys General Ask Congress To Regulate Intoxicating Hemp Products

State Attorneys General Ask Congress To Regulate Intoxicating Hemp Products

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Cannabis NewsMarch 22, 2024

The attorneys general of 21 states have called on congressional leaders to regulate intoxicating hemp products such as delta-8 THC. Nearly two dozen attorneys general from across the country wrote a letter to congressional leaders this week, urging them to enact legislation to federally regulate

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Former Cop Says ‘Legalize It’

Former Cop Says ‘Legalize It’

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Cannabis NewsMarch 22, 2024

I have spent decades working in local, federal, and international law enforcement and now live in a state that has legalized adult-use marijuana. Legalized, well-regulated, responsible adult-use of marijuana does more to enhance public safety and public health than the punitive laws of drug

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Is Rescheduling a Certainty for Cannabis?

Is Rescheduling a Certainty for Cannabis?

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Cannabis NewsMarch 22, 2024

Vice President Harris Urges DEA Action on Marijuana Rescheduling Amidst Growing Market Optimism. In a White House meeting, Vice President Kamala Harris this week urged the DEA to expedite the rescheduling of marijuana, criticizing its current Schedule 1 classification as "absurd" and "patently

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New York’s Scorecard: 85 Legal Shops, 2000 Illegal Ones

New York’s Scorecard: 85 Legal Shops, 2000 Illegal Ones

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Cannabis NewsMarch 22, 2024

Challenges Mount for New York's Cannabis Rollout Amid Illegal Dispensary Proliferation. The lack of legal dispensaries and the overwhelming proliferation of illegal ones are the biggest concerns of the rollout three years after legalization. After three years of fits and starts, the rollout of New

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Canadian Cannabis Industry Seeks Changes in Promotion Regulations

Canadian Cannabis Industry Seeks Changes in Promotion Regulations

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Cannabis NewsMarch 21, 2024

Canadian Cannabis Industry Seeks Regulatory Changes. The Canadian cannabis industry seeks regulatory changes to enable joint promotions and build brand awareness. Current regulations restrict direct financial relationships between cannabis producers and retailers, limiting promotional activities

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US Cannabis Stocks Rally as Harris Urges Quick DEA Decision on Rescheduling

US Cannabis Stocks Rally as Harris Urges Quick DEA Decision on Rescheduling

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Cannabis NewsMarch 21, 2024

US Cannabis Stocks Rally As VP Calls On DEA To Come To Rescheduling Decision ‘Quickly’, Amid More Rumors Of Imminent Decision. US cannabis stocks rallied on Friday after Vice President Kamala Harris called on the Drug Enforcement Administration (DEA) to come to a decision on cannabis rescheduling

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