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Oregon Governor rejects Cannabis banking bill

Oregon Governor rejects Cannabis banking bill

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Cannabis NewsAugust 15, 2023

The bill would have created a task force to investigate the pros and cons of a public bank to serve cannabis businesses. Oregon Gov. Tina Kotek recently rejected a bill that would have created a State Public Bank Task Force. The 19-person team would have studied the pros and cons related to a

Marijuana Business News

Vermont Hemp farmers say the state failed to support them

Vermont Hemp farmers say the state failed to support them

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Cannabis NewsAugust 14, 2023

'Fool's errand for most': Why Vermont hemp farmers label state program 'complete failure'. HARDWICK ― Once upon a time − in 2018 - hemp was going to save Vermont dairy farmers from the vagaries of supply and demand for milk, and the resulting hardship and economic depravation, by providing a

Marijuana Business News

Marijuana legalization in Ohio could boost the Weed Industry

Marijuana legalization in Ohio could boost the Weed Industry

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Cannabis NewsAugust 14, 2023

High in the heart of it all. Ohio’s status as America’s heartland — and its heavy marijuana users — are giving the cannabis industry hope as a potential vote on legalization approaches this fall. A last-minute push to get enough signatures for a ballot initiative is encouraging lawyers, investors

Marijuana Business News

Too many Cannabis shops, too much production: the industry’s perennial problem

Too many Cannabis shops, too much production: the industry’s perennial problem

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Cannabis NewsAugust 14, 2023

A major problem underlying the cannabis industry’s continuing financial struggles has been overcapacity. In provinces that allow private retailers, there are too many shops competing for too few customers to cover costs. And nationwide, producers have been making more cannabis than the retailers

Marijuana Business News Cannabis Jobs

Oklahoma-grown Marijuana fuels the black market in other states

Oklahoma-grown Marijuana fuels the black market in other states

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Cannabis NewsAugust 14, 2023

One evening in mid-July, state drug enforcement agents intercepted a semi-truck leaving an Oklahoma City warehouse bound for New York. The truck was hauling 7,000 pounds of Oklahoma-grown marijuana, concealed in produce boxes, which would have been worth about $28 million on the East Coast. The same

Marijuana Business News Cannabis Jobs

Hemp retailers hit with fines

Hemp retailers hit with fines

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Cannabis NewsAugust 11, 2023

Virginia is handing out fines to hemp retailers in the state that are selling unauthorised products. From 1 July 2023, amendments to Virginia’s Industrial Hemp Law will direct the manufacturing and retail sale of certain hemp-derived products. Under the law, hemp product may not exceed 0.3% THC, and

Marijuana Business News Cannabis Jobs

Former Weed dealer cuilt the ‘Budega’ Brand then copycats moved in

Former Weed dealer cuilt the ‘Budega’ Brand then copycats moved in

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Cannabis NewsAugust 11, 2023

Alex Norman’s fight to protect the brand he created is part of a trend that industry lawyers say threatens small cannabis businesses. In the fall of 2021, an acquaintance of Alex Norman, the founder of a cannabis apparel and lifestyle brand called Budega NYC, reached out to congratulate him on

Marijuana Business News Cannabis Jobs

NY Cannabis growers can take advantage of Manufacturer Credit

NY Cannabis growers can take advantage of Manufacturer Credit

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Cannabis NewsAugust 11, 2023

New York cannabis cultivators and manufacturers face more challenges than most businesses in the Empire State. At the federal level, the IRS imposes an onerous tax burden on cannabis businesses due to Section 280E of the tax code. The illegal cannabis market also is booming, and legitimate cannabis

Cannabis Technology News Marijuana Business News Cannabis Jobs

Harvest New York releases Manual for NYS Hemp Growers

Harvest New York releases Manual for NYS Hemp Growers

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Cannabis NewsAugust 10, 2023

While the manual is geared toward growers and producers, a thriving hemp industry would impact the entire state. A new, first-of-its-kind manual will provide guidelines and best practices for NYS hemp growers – a crop with the potential to revitalize economies while revolutionizing industries from

Marijuana Business News Cannabis Jobs

Death Row Cannabis brings a 90s brand to new heights

Death Row Cannabis brings a 90s brand to new heights

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Cannabis NewsAugust 10, 2023

“In the city, city of Compton … ” Go ahead, let your brain sing the rest of the song. 2Pac and Dr. Dre’s Grammy-Award-winning track “California Love” topped the charts in the mid-90s, adding to Death Row Records’ acclaim as a hit-making label. The West Coast franchise launched in 1992 under the

Recreational Marijuana News Marijuana Business News

Tilray expanding into beer business with $85M deal

Tilray expanding into beer business with $85M deal

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Cannabis NewsAugust 10, 2023

Deal will vault company into the 5th-largest craft brewer in America, with 12 million cases a year. Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. In a filing with the U.S. Securities and Exchange

Recreational Marijuana News Marijuana Business News Cannabis Jobs

Medical Marijuana patients face delays as demand grows in Georgia

Medical Marijuana patients face delays as demand grows in Georgia

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Cannabis NewsAugust 9, 2023

Georgia adds call center and THC card pickup locations. Demand for medical marijuana is on the rise in Georgia now that dispensaries are finally open, but some patients say they’re still unable to buy the product because of government delays. Patients dealing with severe seizures and other illnesses

Medical Cannabis News Marijuana Business News

NY Cannabis industry pushes back on flavored vape ban

NY Cannabis industry pushes back on flavored vape ban

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Cannabis NewsAugust 9, 2023

The New York Cannabis Vape Standards Coalition is a group of stakeholders committed to advocating for quality standards in vape ingredients that spur industry growth, align with public health interests, and advance consumer choice. These stakeholders include licensed New York adult-use processors

Marijuana Politics Marijuana Business News

Judge orders temporary shutdown of NY's marijuana licensing

Judge orders temporary shutdown of NY's marijuana licensing

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Cannabis NewsAugust 9, 2023

Restraining order was issued in case filed by four military vets who were blocked from getting a retail license due to system that favored "justice involved" applicants. ALBANY — A state Supreme Court justice signed a restraining order Monday that will temporarily scuttle New York’s retail marijuana

Marijuana Politics Marijuana Business News

Tilray acquires 8 brands in major deal

Tilray acquires 8 brands in major deal

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Cannabis NewsAugust 9, 2023

Deal includes brands such as Blue Point and Shock Top. The Canadian cannabis company Tilray Brands announced on Monday that it had reached an agreement with brewing giant Anheuser-Busch to acquire eight beer and beverage brands. It is yet another bid by Tilray to expand its footprint in the craft

Recreational Marijuana News Marijuana Business News Cannabis Jobs

Trulieve Cannabis posts wider Q2 loss on weak demand and higher expenses

Trulieve Cannabis posts wider Q2 loss on weak demand and higher expenses

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Cannabis NewsAugust 9, 2023

Pot firm Trulieve Cannabis on Wednesday posted a wider second-quarter loss on weak demand and higher expenses. Cannabis demand has taken a hit as persistently high inflation during the first half of the year forced customers to reduce spending on non-essential and recreational products. The cannabis

Cannabis Technology News Marijuana Business News

Cannabis dispensary owner given “second chance”

Cannabis dispensary owner given “second chance”

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Cannabis NewsAugust 8, 2023

From Conviction to Cannabis: Second Chance Entrepreneur Set to Open Adult-Use Dispensary in Wawayanda. WAWAYANDA – Howard Labron is excited about being given a second chance at a meaningful life now that he has been granted state permission to open an adult-use cannabis dispensary in Wawayanda. He

Marijuana Business News

After long delays, new Cannabis businesses are opening in Illinois with a vow to help others along the way

After long delays, new Cannabis businesses are opening in Illinois with a vow to help others along the way

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Cannabis NewsAugust 7, 2023

Five years after starting the process, Dan Pettigrew finally has opened his first cannabis store in Illinois. Pettigrew is the co-founder of Viola CHI with former NBA star Al Harrington, following years of operation by Viola Brands in Colorado, Michigan and other states. But Illinois was much harder

Marijuana Politics Marijuana Business News Cannabis Jobs

Dispensary’s Cannabis drive-thru proposal goes up in Smoke

Dispensary’s Cannabis drive-thru proposal goes up in Smoke

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Cannabis NewsAugust 7, 2023

The Scottsdale City Council allows businesses to provide drive-thrus for pharmacies, alcohol, and tobacco… But they just voted against a drive-thru for cannabis. The drive-thru proposed by Harvest of Scottsdale dispensary went up in smoke at a city Planning and Zoning Commission meeting where it was

Recreational Marijuana News Marijuana Business News

Connecticut Cannabis company emerges as multistate operator

Connecticut Cannabis company emerges as multistate operator

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Cannabis NewsAugust 7, 2023

Alocally grown cannabis company is expanding its reach as a multistate operator. Hartford-based medical and adult-use cannabis retailer and grower Fine Fettle, which currently operates in Connecticut and Massachusetts, has its sights set on another emerging market: Georgia. The four-year-old company

Recreational Marijuana News Marijuana Business News


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