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Morocco begins legal cultivation of Cannabis

Morocco begins legal cultivation of Cannabis

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Cannabis NewsMay 19, 2023

This month marked the start of the country’s first legal growing season for cannabis. In May 2023, the Moroccan government allowed farmers to begin cultivation of cannabis for the legal market, two years after allowing farming for medical, industrial, and export purposes (1,2). The move was also

Marijuana Business News

In States where it’s legal, most people get their Weed from the store

In States where it’s legal, most people get their Weed from the store

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Cannabis NewsMay 19, 2023

New survey paints a bleak picture for the traditional pot dealer in legal states. More than half of cannabis consumers in states where weed is legal get their stuff at the store, according to newly released survey data. The survey, which comes via New Frontier Data, found that “52% of current

Marijuana Business News

With $64 million voted down, can NC Cherokee Marijuana Dispensary open?

With $64 million voted down, can NC Cherokee Marijuana Dispensary open?

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Cannabis NewsMay 19, 2023

The principal chief of the Eastern Band of Cherokee Indians says his recent veto of $64 million will affect the tribe’s plans to open a medical marijuana dispensary this summer. Chief Richard Sneed will meet in the next week with tribal officials who run the EBCI’s medical cannabis operation to

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Record number of US workers test positive for Cannabis

Record number of US workers test positive for Cannabis

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Cannabis NewsMay 19, 2023

As the number of cannabis-friendly states across the US has grown, so, too, has the drug's usage among American workers. An annual analysis from Quest Diagnostics medical lab and testing company shows the percentage of general U.S. employees, who tested positive for cannabis in 2022 reached the

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Fluence extends its partnership with Innexo to support Cannabis Research

Fluence extends its partnership with Innexo to support Cannabis Research

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Cannabis NewsMay 19, 2023

Fluence announced an extension of its research partnership with Dutch organization Innexo BV. (Benzinga) Innexo is leveraging Fluence’s VYPR Broad R4 LED solution to support its new Acceleration Platform for Innovation (API) program. API empowers innovative, small-scale companies adjacent to the

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Shocking Scandal: Alderman Exposed in Cannabis Investment Fraud!

Shocking Scandal: Alderman Exposed in Cannabis Investment Fraud!

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Cannabis NewsMay 19, 2023

Several investors and a Colorado firm are alleging they are victims of a scheme to strip them of funds and ownership stakes in a St. Louis cannabis venture. One of their targets: newly re-elected St. Louis Alderman Bret Narayan. A lawsuit filed Friday in St. Louis County Circuit Court alleges that

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Licensed Cannabis transporters say illegal deliveries are happening without consequence

Licensed Cannabis transporters say illegal deliveries are happening without consequence

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Cannabis NewsMay 18, 2023

CHICAGO - Legally in Illinois, marijuana is supposed to be transported in a vehicle with cameras, GPS, and no rear windows or markings. But illegal deliveries are allegedly happening by those without licenses in minivans and other noncompliant vehicles – with little consequence. In a new lawsuit

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Nevada Cannabis operators finally see hope with federal banking changes

Nevada Cannabis operators finally see hope with federal banking changes

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Cannabis NewsMay 18, 2023

LAS VEGAS - Nevada’s Democratic Senators, Catherine Cortez Masto and Jacky Rosen, have both signed onto the federal SAFE Banking Act in an effort to finally overhaul federal banking restrictions on cannabis businesses. The bill had a hearing in the Senate Banking, Housing, and Urban Affairs

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Woodstock approves Cannabis dispensary

Woodstock approves Cannabis dispensary

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Cannabis NewsMay 18, 2023

No discussion took place on the item before it was voted on at City Council meeting. A new marijuana dispensary in Woodstock could open by the end of this year after the City Council approved a special use permit for one in town at its meeting Tuesday. The approval is not the first that Michigan

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DEA states new rules for synthetic Cannabinoids

DEA states new rules for synthetic Cannabinoids

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Cannabis NewsMay 18, 2023

A recent DEA presentation discusses current challenges with synthetic CBD and delta-8 THC and the possibility of rescheduling. The Drug Enforcement Administration (DEA) recently announced at the 2023 Supply Chain Conference in Houston, Texas that it will soon unveil new rules regarding synthetic

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Bill to restrict Marijuana packaging appealing to children gains support in assembly

Bill to restrict Marijuana packaging appealing to children gains support in assembly

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Cannabis NewsMay 18, 2023

A bill to restrict marijuana products with packaging that appeals to children continued to gain traction in the Assembly, with more votes shifting in favor of the bill in recent weeks. Assembly Bill 1207, authored by Assemblywoman Jacqui Irwin (D-Thousand Oaks), would build upon provisions in the

Marijuana Business News

Supreme Court review for Florida Recreational Cannabis bill set in motion

Supreme Court review for Florida Recreational Cannabis bill set in motion

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Cannabis NewsMay 17, 2023

Legal, recreational cannabis in Florida is one step closer to securing its place on the 2024 ballot, though the state’s attorney general has stated her intent to challenge the proposed amendment in the upcoming Supreme Court review. The political committee Smart & Safe Florida is sponsoring the

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Google launches AI Tools to speed up Drug development process

Google launches AI Tools to speed up Drug development process

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Cannabis NewsMay 17, 2023

Google Cloud’s two new AI-powered tools could help biotech and pharmaceutical companies develop new drugs faster. The way drugs are developed is being rewritten as we speak. Discovering and approving new drugs is a lengthy process that requires years of development and a dismal success rate, but

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Thailand’s election results may reverse Cannabis policy

Thailand’s election results may reverse Cannabis policy

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Cannabis NewsMay 16, 2023

The winners of the election may reverse the recent policy that made Thailand the first Asian country to decriminalize recreational cannabis. Thai voters have delivered a surprising and stunning verdict in favor of an opposition party that advocates for significant institutional reforms in the

Marijuana Business News

Long Island Cannabis dispensary stuck in zoning limbo

Long Island Cannabis dispensary stuck in zoning limbo

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Cannabis NewsMay 16, 2023

When Brian Stark found out his application for a cannabis retail dispensary license was one of the first to be approved in New York, he was thrilled. Then came zoning limbo. The state approved Stark’s application and 27 others in November through the Conditional Adult-Use Retail Dispensary program

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A new high for Cannabis finance

A new high for Cannabis finance

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Cannabis NewsMay 16, 2023

This Firm Has Received The Industry's First 'A' Credit Rating. (Benzinga) In a key development for the regulated cannabis sector, Pelorus Capital Group has announced that its 7% senior secured notes have achieved an "A" institutional rating, the highest ever seen in the cannabis industry. This

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Mike Tyson launches partnership with Israeli Medical Marijuana company InterCure

Mike Tyson launches partnership with Israeli Medical Marijuana company InterCure

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Cannabis NewsMay 16, 2023

InterCure will distribute Tyson's edible products to international markets. Boxing legend Mike Tyson is punching his way into the business world, announcing a partnership with Israeli medical marijuana company InterCure. InterCure will exclusively cultivate, manufacture and distribute the former

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Connecticut takes in $21 Million in Legal Weed sales for April

Connecticut takes in $21 Million in Legal Weed sales for April

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Cannabis NewsMay 12, 2023

Sales in Connecticut were split nearly 50-50 between medical and adult-use pot. Legal marijuana sales in Connecticut remain stable, with the state reporting $21 million in revenue from medical and adult-use cannabis in April. The figures, reported on Wednesday by the state Department of Consumer

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416 Marijuana plants found when truck is stopped by authorities

416 Marijuana plants found when truck is stopped by authorities

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Cannabis NewsMay 12, 2023

When police and truck inspectors made a recent stop, they were surprised to find what the truck was hauling. Ontario Provincial Police assisted Ontario Ministry of Transportation inspectors when they pulled over a truck on the Queen Elizabeth Way near Burlington, Ontario, Canada. When they opened

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New York Cannabis regulators approve 50 more licenses

New York Cannabis regulators approve 50 more licenses

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Cannabis NewsMay 12, 2023

Cannabis regulators in New York on Thursday issued 50 additional licenses to operate an adult-use marijuana business in the state, growing the number to 215 licenses awarded since the marketplace went into effect. The new licenses were announced as a social equity and economic plan, a move meant to

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