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Five things businesses should know about the Maryland Recreational Cannabis bill

Five things businesses should know about the Maryland Recreational Cannabis bill

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Cannabis NewsFebruary 8, 2023

The first major bill outlining what the recreational cannabis market in Maryland might look like was introduced in the General Assembly on Friday. The 88-page bill goes into detail about most elements of the new legal market from licensing to the tax structure. Here are five things business owners

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Dallas could legalize Recreational Cannabis use under House Bill 1937

Dallas could legalize Recreational Cannabis use under House Bill 1937

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Cannabis NewsFebruary 8, 2023

Rep Jessica González, a Dallas Democrat, filed a bill this week that would allow counties and cities to legalize the recreational use of cannabis for adults. Under González’s House Bill 1937, adults 21 and older would be allowed to possess and transport up to 2.5 ounces of cannabis. No more than 15

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Cannabis dispensary wants to open at former CVS

Cannabis dispensary wants to open at former CVS

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Cannabis NewsFebruary 8, 2023

Forest Park could make decision by end of month. A cannabis dispensary is looking to set up shop at the former Forest Park CVS store at 7216 Circle Ave., near the three-way Oak Park/Forest Park/River Forest border and across the street from Green Line Harlem CTA station and Oak Park Metra station

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California lawmaker introduces Cannabis Cafe bill

California lawmaker introduces Cannabis Cafe bill

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Cannabis NewsFebruary 8, 2023

A California lawmaker has introduced legislation to permit the state’s licensed cannabis consumption lounges to serve freshly prepared food and drink and host live events. A California lawmaker has introduced a bill that would allow the state’s licensed cannabis consumption lounges to sell freshly

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Cannabis in Sports: how it can help or harm

Cannabis in Sports: how it can help or harm

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Cannabis NewsFebruary 8, 2023

Although numerous fitness enthusiasts and athletes consume marijuana, there are questions about its benefits and side effects. Does smoking weed affect cardio, weightlifting, and other exercises? Can the herb improve your capability? Using cannabis has pros and cons for sportspersons. Many assume

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Cannabis industry reacts to Court Ruling

Cannabis industry reacts to Court Ruling

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Cannabis NewsFebruary 8, 2023

Local marijuana businesses are offering their thoughts and suggestions following a ruling by U.S. District Judge Gary Sharpe last week that could impact the roll-out of the cannabis industry in Western New York. Sharpe’s ruling upheld his previous injunction from November against New York’s

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2022 Cannabis in review and 2023 opportunity outlook

2022 Cannabis in review and 2023 opportunity outlook

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Cannabis NewsFebruary 8, 2023

The cannabis industry - both domestic and international in scope, and comprised of two substantial subsectors: marijuana and hemp - started last year off strong. Namely, with a splash of high-profile M&A activity in January and February. There was tremendous promise for growing the market. As we

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Huge Red Flag for the Cannabis Industry

Huge Red Flag for the Cannabis Industry

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Cannabis NewsFebruary 8, 2023

Cannabis companies are learning the perils of trying to grow too aggressively. Cannabis companies used to be focused solely on growth at all costs. But that's not the case anymore. Investors are growing weary of businesses that aren't generating profits, and that's putting pressure on them to be

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Council approves Recreational Marijuana licensing

Council approves Recreational Marijuana licensing

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Cannabis NewsFebruary 7, 2023

The Columbia City Council approved an ordinance to allow medical marijuana facilities to convert their business licenses to sell recreational marijuana. The council voted unanimously Monday to authorize medical marijuana dispensaries to convert their current licenses to “comprehensive” facility

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Science bears out the folly of rapid Marijuana legalization

Science bears out the folly of rapid Marijuana legalization

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Cannabis NewsFebruary 7, 2023

Marijuana is not the harmless drug many of its advocates would have you believe, as we have pointed out. Fortunately, a growing number of lawmakers, including those who supported legalization in the past, are coming to the same conclusion based on the available science. Rep. Earl Blumenauer (D-OR)

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Creator of Cannabis-themed metaverse shares his vision for the industry

Creator of Cannabis-themed metaverse shares his vision for the industry

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Cannabis NewsFebruary 7, 2023

The metaverse is for more than enthusiasts and consumers, it is also for the B2B community and beyond. The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Technologies and creator of Cannaland, decided to take matters

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Dozens arrested in Weed Distribution ring with orders via FedEx and UPS

Dozens arrested in Weed Distribution ring with orders via FedEx and UPS

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Cannabis NewsFebruary 7, 2023

Multiple law enforcement agencies shut down an illegal cannabis distribution operation with orders available via FedEx, UPS, and other means of delivery. Authorities shut down an illegal distribution operation providing prompt delivery of weed and edibles sent coast to coast via trackable orders

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Dozens arrested in Weed Distribution ring with orders via FedEx and UPS

Dozens arrested in Weed Distribution ring with orders via FedEx and UPS

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Cannabis NewsFebruary 7, 2023

Multiple law enforcement agencies shut down an illegal cannabis distribution operation with orders available via FedEx, UPS, and other means of delivery. Authorities shut down an illegal distribution operation providing prompt delivery of weed and edibles sent coast to coast via trackable orders

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Opinion: The Marijuana business is doing just fine without national banking legislation

Opinion: The Marijuana business is doing just fine without national banking legislation

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Cannabis NewsFebruary 7, 2023

What the industry should be seeking, instead, is basic protections for youth. n a recent opinion piece published in The Sun, Mara Sheldon promotes the congressional Secure and Fair Enforcement Banking Act for the marijuana industry. Yet, Sheldon, who has lobbied in Washington for the industry

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Elon Musk not guilty in Tesla 420 take-private case

Elon Musk not guilty in Tesla 420 take-private case

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Cannabis NewsFebruary 7, 2023

Jury reaches unanimous decision after two hours of deliberations. A jury has found that Telsa CEO Elon Musk and his company were not liable for misleading investors after Musk tweeted he had “funding secured” to take the company private at a price of 420 per share. The 2018 tweet led to a class

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Miley Cyrus can buy herself “Flowers”

Miley Cyrus can buy herself “Flowers”

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Cannabis NewsFebruary 7, 2023

Miley Cyrus used to be one of the biggest celebrity stoners. Let's take a trip down memory lane. The singer-songwriter, musician, and actress has been a prominent public figure for years. During her time in the public eye, Miley has been quite open about her cannabis use. Although, it looks like she

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Germany seeing sense, High Tide strikes deal with major German player

Germany seeing sense, High Tide strikes deal with major German player

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Cannabis NewsFebruary 6, 2023

THE German Government’s refreshingly honest approach to drugs and addiction is being demonstrated with a focus on the harms of gambling, alcohol and tobacco. On coming into office it signalled its intent to overhaul the continent’s cannabis status quo with proposals to create the first regulated

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Argentina launches new Hemp and Cannabis Agency

Argentina launches new Hemp and Cannabis Agency

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Cannabis NewsFebruary 6, 2023

Argentina recently launched a new national agency that aims to expand the country's cannabis industry. Ministers hope that the move will help create new jobs and exports for the South American nation. In a conference launching the national hemp and cannabis agency, ARICCAME, Economy Minister Sergio

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Lagos tenant escapes after storing Hemp, landlord jailed

Lagos tenant escapes after storing Hemp, landlord jailed

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Cannabis NewsFebruary 6, 2023

A Federal High Court sitting in Lagos has sentenced a 51-year-old landlord, Saheed Ojomu, to five-year imprisonment for allowing his tenant to use his shop to warehouse cannabis. Justice Daniel Osiagor handed down the sentence to the convict after he changed his not-guilty plea to guilty. The

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Illinois’ Marijuana sales up by 9% in January

Illinois’ Marijuana sales up by 9% in January

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Cannabis NewsFebruary 6, 2023

ROCKFORD - Marijuana sales in Illinois this year got off to a strong start last month. The recreational sales rose 9% for a year earlier to $128 million, as reported by the Illinois Department of Financial and Professional Regulation. Analysts said that the high sales likely came from a number of

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