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Unpaid regulatory fees in Canada jump 225%

Unpaid regulatory fees in Canada jump 225%

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Cannabis NewsJuly 10, 2023

Canada has seen a dramatic increase in the amount of unpaid regulatory fees owed by cannabis companies to the federal government over the last year. According to Health Canada figures published by MJBizDaily, in the fiscal year 2022-2023 overdue fees jumped by 225% from C$1.2m to C$3.9m. This figure

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Montana’s Senate election complicates Cannabis legislation

Montana’s Senate election complicates Cannabis legislation

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Cannabis NewsJuly 10, 2023

Democrats are accusing Republicans of playing politics with a package of veterans bills spearheaded by Montana Senator Jon Tester. The road for veterans’ cannabis research — and potentially control of the Senate — runs through Montana. Sen. Jon Tester (D-Mont.) is the lead author of a bill to

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As more states legalize Pot, their uneven safety rules can pose a risk

As more states legalize Pot, their uneven safety rules can pose a risk

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Cannabis NewsJuly 10, 2023

Tests for marijuana potency and contamination vary across state lines. Amid the growing acceptance and legalization of cannabis use across the country, a concerning reality has emerged: The state-by-state patchwork of safety regulations can leave marijuana consumers wandering through a haze of

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Ayr Wellness, well-known Cannabis advocates team to launch brand

Ayr Wellness, well-known Cannabis advocates team to launch brand

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Cannabis NewsJuly 10, 2023

Ayr Wellness partners with Cannabis advocates Stanley Okoro and Brendon Robinson. Multistate operator Ayr Wellness is teaming up with well-known cannabis advocates Stanley Okoro and Brendon Robinson for the launch of a brand that’ll help support the lifelong friends’ mission to give minorities a

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Cannabis now and where it goes next

Cannabis now and where it goes next

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Cannabis NewsJuly 10, 2023

Cannabis sales in the US are continuing their run of impressive growth. Sales hit $30 billion in 2022, and by New Frontier Data’s account they will reach between $58 billion and $70 billion by 2030 depending on the pace of legal reform. Legal cannabis is still expanding its geographical footprint as

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Houston distillery is making Texas’s first Hemp seed vodka

Houston distillery is making Texas’s first Hemp seed vodka

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Cannabis NewsJuly 7, 2023

Highway Vodka is rich and flavorful - unlike your typical vodka. Vodka often goes one of two routes. Either it’s bland and boring, or it’s loaded with artificial flavors and arguably unfit for consumption (you’ll never convince me that raspberry vodka is marketed to adults). The best harness their

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Moxie launches in Ohio

Moxie launches in Ohio

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Cannabis NewsJuly 7, 2023

Moxie, a pioneer in the world of cannabis concentrates, has officially launched its medical products in The Buckeye State. Moxie, California’s first licensed cannabis brand, has launched its premium medical cannabis products in Ohio. Moxie is one of the original, premium California-based brands

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Overcoming challenges as a woman CEO in the Cannabis Industry

Overcoming challenges as a woman CEO in the Cannabis Industry

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Cannabis NewsJuly 7, 2023

Exploring the challenges and strategies to overcome bias is essential to fostering a more diverse and inclusive cannabis industry. THE CANNABIS INDUSTRY has experienced remarkable growth and transformation in recent years, attracting entrepreneurs and investors from diverse backgrounds. However

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Weed sales in decline in largest drop since legalization

Weed sales in decline in largest drop since legalization

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Cannabis NewsJuly 6, 2023

Denver reported a 22% decline in marijuana sales from 2021 to 2022 as weed sales cool across the state. DENVER — Denver's weed sales are coming down from a high – and they're coming down fast. A new report from the City and County of Denver shows a 22% decline in annual marijuana sales revenue from

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Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization

Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization

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Cannabis NewsJuly 6, 2023

BALTIMORE - Days after recreational cannabis became legal in Maryland, dispensaries across the state continue to see record sales. The Maryland Cannabis Administration reported $10.4 million in sales over the Fourth of July weekend. Eight years ago, Christi Kekich, owner of GreenLabs in Baltimore

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Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse

Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse

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Cannabis NewsJuly 6, 2023

MedMen appoints Ellen Deutsch as CEO in Last-Ditch effort to salvage company amid impending financial collapse. Cannabis firm MedMen announced Wednesday its fifth CEO since 2020 with the appointment of Ellen Deutsch, who will be tasked with turning around the once-industry-leading company that now

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From $3k to $15k: the remarkable journey of ASX Cannabis Stock

From $3k to $15k: the remarkable journey of ASX Cannabis Stock

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Cannabis NewsJuly 5, 2023

Investing in the cannabis industry has been a rollercoaster ride for many, but ASX cannabis stocks, including Incannex (ASX: IHL), have showcased remarkable growth potential in recent years. Incannex, a biopharmaceutical company specializing in cannabis-based therapies, has seen its stock surge from

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CBD promises health benefits without the Buzz

CBD promises health benefits without the Buzz

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Cannabis NewsJuly 5, 2023

Since Ohio legalized CBD in 2019, there has been a significant decrease in farming and producing medical hemp but an increase in the quality of CBD products and distribution. CBD – cannabidiol – is derived from medical hemp, which is a cannabis sativa plant with less than 0.3% THC – the compound

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Oklahoma Medical Cannabis firms file suit to block fee increases

Oklahoma Medical Cannabis firms file suit to block fee increases

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Cannabis NewsJuly 5, 2023

A group of Oklahoma cannabis advocates has challenged new higher fees assessed on the state’s medical marijuana providers. An Oklahoma cannabis activist has joined forces with three of the state’s medical marijuana providers to file a lawsuit against increased regulatory fees that went into effect

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Scientists identify viroid-resistant Purple Cannabis Strain

Scientists identify viroid-resistant Purple Cannabis Strain

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Cannabis NewsJuly 5, 2023

A strain of cannabis appears to be resistant to HLVd, and turns purple as it fights the viroid. While humans battle COVID, cannabis plants face an equally devastating threat: Hop latent viroid (HLVd), a viroid that occurs worldwide in hops, but in recent years jumped to cannabis, destroying THC

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Zelensky urges Ukraine’s parliament to legalize Medical Cannabis

Zelensky urges Ukraine’s parliament to legalize Medical Cannabis

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Cannabis NewsJuly 5, 2023

Ukraine's President Volodymyr Zelensky calls MPs to speed the process to legalize medical cannabis amid the war against Russia’s invasion. In a speech in front of the Verkhovna Rada, the unicameral Parliament of Ukraine, on the occasion of Constitution Day on June 28, Zelensky stressed the need to

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Ohio has plenty of Medical Pot but not enough buyers

Ohio has plenty of Medical Pot but not enough buyers

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Cannabis NewsJuly 5, 2023

Ohio has plenty of medical marijuana but not enough people buying it. Levels of marijuana flower ready for sale as well as bulk flower held by suppliers — bulk material could be sold as flower or processed into other products — have each about doubled in the year between June 2022 and June 2023

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What does ‘Plan B’ mean for the German Cannabis industry?

What does ‘Plan B’ mean for the German Cannabis industry?

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Cannabis NewsJuly 4, 2023

The International Cannabis Business Conference (ICBC) Berlin 2023 returned to the Estrel Berlin Hotel last week, welcoming thousands of guests, speakers and exhibitors. Coming just weeks after the German government announced a major shift in its plans to launch a commercial cannabis market, the

Marijuana Business News

12-story ‘Hempcrete’ hotel will be the world’s highest building made with Cannabis

12-story ‘Hempcrete’ hotel will be the world’s highest building made with Cannabis

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Cannabis NewsJuly 4, 2023

The Hemp Hotel, scheduled to open in Cape Town, South Africa, is being touted as the world’s tallest building made with industrial hemp — a material with great potential for Earth-conscious construction. At 12 stories tall, the 54-room hotel features views of Cape Town’s massive Table Mountain and a

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DeSantis launches anti-Marijuana crusade

DeSantis launches anti-Marijuana crusade

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Cannabis NewsJuly 4, 2023

The pot prohibitionists may be losing the wider war, but they haven’t given up launching quixotic battles. Florida Governor Ron DeSantis (R), an ultra-conservative culture warrior and 2024 Republican presidential candidate, recently made moves that stunned marijuana advocates and health

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