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California lagging behind with Dispensary Openings

California lagging behind with Dispensary Openings

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Cannabis NewsJuly 17, 2023

State-level regulations are preventing the California cannabis industry from flourishing. Since 2020, over 50 Californian states have implemented regulation to enable retail sales of adult use cannabis, however, Hirsh Jain at Ananda Strategy has highlighted that only 18 dispensaries have opened

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Cannabis Brand ironically thanks Richard Nixon for war on drugs

Cannabis Brand ironically thanks Richard Nixon for war on drugs

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Cannabis NewsJuly 17, 2023

The guest column-style ad in the NYT and Washington Post calls out the disgraced president's Controlled Substances Act of 1970. As the 37th U.S. president, Richard Nixon’s checkered term in office includes secret wiretaps, bungled break-ins and resignation under a cloud, just ahead of impeachment

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Cannabis Brand ironically thanks Richard Nixon for war on drugs

Cannabis Brand ironically thanks Richard Nixon for war on drugs

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Cannabis NewsJuly 17, 2023

The guest column-style ad in the NYT and Washington Post calls out the disgraced president's Controlled Substances Act of 1970. As the 37th U.S. president, Richard Nixon’s checkered term in office includes secret wiretaps, bungled break-ins and resignation under a cloud, just ahead of impeachment

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Greenlane announces expansion of Groove Line

Greenlane announces expansion of Groove Line

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Cannabis NewsJuly 17, 2023

Greenlane Holdings, one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of the Cara+ portable concentrate device by house brand Groove. Greenlane launched the Groove brand in Fall 2022 to offer

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Greenlane announces expansion of Groove Line

Greenlane announces expansion of Groove Line

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Cannabis NewsJuly 17, 2023

Greenlane Holdings, one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of the Cara+ portable concentrate device by house brand Groove. Greenlane launched the Groove brand in Fall 2022 to offer

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Michigan ends Weed testing for some state jobs

Michigan ends Weed testing for some state jobs

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Cannabis NewsJuly 17, 2023

Michigan officials have approved a rule that ends drug screenings for cannabis for many state jobs. The Michigan Civil Service Commission adopted a rule change last week that will end drug screenings for marijuana for applicants to many state jobs. The new rule overturns previous state policy that

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Unlicensed Cannabis shops reopen for business in defiance of state crackdown

Unlicensed Cannabis shops reopen for business in defiance of state crackdown

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Cannabis NewsJuly 17, 2023

At Empire Cannabis Clubs in Chelsea, an unlicensed cannabis dispensary, law enforcement agents on Wednesday made their way inside the store, seized product and handcuffed one of its owners. During a simultaneous raid at the store’s Lower East Side location, co-founder Lenore Elfand was arrested

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Unlicensed Cannabis shops reopen for business in defiance of state crackdown

Unlicensed Cannabis shops reopen for business in defiance of state crackdown

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Cannabis NewsJuly 17, 2023

At Empire Cannabis Clubs in Chelsea, an unlicensed cannabis dispensary, law enforcement agents on Wednesday made their way inside the store, seized product and handcuffed one of its owners. During a simultaneous raid at the store’s Lower East Side location, co-founder Lenore Elfand was arrested

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© 420 Intel

Unlicensed Cannabis shops reopen for business in defiance of state crackdown

Unlicensed Cannabis shops reopen for business in defiance of state crackdown

Image
Cannabis NewsJuly 17, 2023

At Empire Cannabis Clubs in Chelsea, an unlicensed cannabis dispensary, law enforcement agents on Wednesday made their way inside the store, seized product and handcuffed one of its owners. During a simultaneous raid at the store’s Lower East Side location, co-founder Lenore Elfand was arrested

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© 420 Intel

Canopy Growth shares plunge after debt reduction plan announced

Canopy Growth shares plunge after debt reduction plan announced

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Cannabis NewsJuly 17, 2023

Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis company were down 30 cents, or about 35 percent, at

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Canopy Growth shares plunge after debt reduction plan announced

Canopy Growth shares plunge after debt reduction plan announced

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Cannabis NewsJuly 17, 2023

Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis company were down 30 cents, or about 35 percent, at

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Legal use Cannabis in France

Legal use Cannabis in France

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Cannabis NewsJuly 14, 2023

The French may like wine, but cannabis is complicated. While world-renowned hashmaker Frenchy Cannoli may have been a true cannabis evangelist, educating the masses on how to make high quality hash, unfortunately, the country he hailed from, France, has very different views of cannabis. Seeing how

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Backlash prompts San Diego to retreat from proposed vast expansion of where dispensaries can open

Backlash prompts San Diego to retreat from proposed vast expansion of where dispensaries can open

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Cannabis NewsJuly 14, 2023

The proposal to expand zoning was scaled back, and parts of La Jolla, Mission Beach and Old Town were eliminated. SAN DIEGO - Complaints and criticism have prompted San Diego officials to back away in part from recent proposals to sharply expand where in the city dozens of new cannabis dispensaries

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Connecticut Cannabis sales hit record high at six-month mark

Connecticut Cannabis sales hit record high at six-month mark

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Cannabis NewsJuly 14, 2023

Connecticut smashes sales records as Cannabis industry flourishes: multi-state operators vie for hybrid licenses. Combined medical and adult-use cannabis sales in Connecticut hit another record high for the state in June, and multi-state operators are moving in to obtain hybrid licenses, including

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Executives re-enact Boston Tea Party to protest Cannabis tax rule

Executives re-enact Boston Tea Party to protest Cannabis tax rule

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Cannabis NewsJuly 14, 2023

A demonstration in Massachusetts on Wednesday re-enacted the Boston Tea Party to protest IRS rules that unfairly tax cannabis businesses. Executives from a Massachusetts-based cannabis company dressed in colonial garb aboard a ship in Boston Harbor on Wednesday to protest an IRS rule that requires

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Missouri official vows to conduct survey on Cannabis business demographics

Missouri official vows to conduct survey on Cannabis business demographics

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Cannabis NewsJuly 14, 2023

A key criticism of the medical marijuana program was the Black community was left out of the cannabis industry. But the state has yet to conduct a survey to find out. For the first time, a state official has publicly vowed to push for a demographics survey of cannabis business owners — addressing a

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Taylor Swift attends Questlove’s infused party in New York City

Taylor Swift attends Questlove’s infused party in New York City

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Cannabis NewsJuly 14, 2023

I feel the lavender haze creepin’ up on me. The Stoned Swifties have reason to celebrate. On Tuesday night in New York City, Taylor Swift attended a party hosted by the iconic musician Questlove of The Roots. Given that Swift is the Bob Dylan of our era when it comes to songwriting skills, of course

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Cannabis stocks finally go green thanks to TerrAscend

Cannabis stocks finally go green thanks to TerrAscend

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Cannabis NewsJuly 14, 2023

Cannabis investors have been mired in a bear market for almost two years as stocks plunged as much as 90%. Now it seems TerrAscend’s (OTC: TSNDF) uplisting to the Toronto Stock Exchange (TSX) was the catalyst needed to bump stocks higher. However, it wasn’t the uplisting itself that prompted stocks

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Cannabis company Canopy Growth signs deals with lenders to reduce debt

Cannabis company Canopy Growth signs deals with lenders to reduce debt

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Cannabis NewsJuly 14, 2023

Canopy Growth Corp, says it has signed deals with its secured and unsecured lenders that it expects will help the cannabis company reduce its total debt by about $437 million over the next six months. The company says the moves are also expected to help lower annual interest costs by approximately

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Secret Service finds Cannabis in White House

Secret Service finds Cannabis in White House

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Cannabis NewsJuly 14, 2023

The Secret Service Uniformed Division confirmed Thursday that it had discovered marijuana in the White House twice last year. The news comes on the heels of finding cocaine in the West Wing. (Benzinga) What happened: A couple of hours after the agency closed its investigation into cocaine discovery

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