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New Jersey Governor signs bill extending tax deductions to Cannabis Companies

New Jersey Governor signs bill extending tax deductions to Cannabis Companies

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Cannabis NewsMay 11, 2023

New Jersey Gov Phil Murphy has signed legislation to separate state tax law from federal regulations that deny standard tax deductions for cannabis businesses. New Jersey Governor Phil Murphy this week signed legislation to grant standard business tax deductions to licensed cannabis companies in a

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Cannabis opponents voice concerns at public hearing

Cannabis opponents voice concerns at public hearing

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Cannabis NewsMay 11, 2023

Cheshire’s Planning and Zoning Commission has been looking for feedback from the public as it weighs whether to allow commercial cannabis uses, such as a recreational retail establishment, in town. The group got some of what it was looking for during a public hearing on Monday, May 8. Over a dozen

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Is Medical Cannabis treatment associated with improvements in health-related quality of life?

Is Medical Cannabis treatment associated with improvements in health-related quality of life?

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Cannabis NewsMay 11, 2023

In a recent study published in JAMA Network Open, researchers investigated whether cannabis treatment could improve the health-associated quality of life (QoL) over time in Australia. Medical cannabis encompasses a wide spectrum of products, including dried flowers, oils, and edibles that contain

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Legendary CT high school football coach finds new challenge: The state’s first Cannabis delivery company

Legendary CT high school football coach finds new challenge: The state’s first Cannabis delivery company

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Cannabis NewsMay 11, 2023

With eight state championships at three different schools, Jack Cochran is one of the most successful coaches in Connecticut high school football history. Controversy often came with his high achievements, but when it came to results, Cochran delivered. Now 57, Cochran is in the delivery business

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Hemp farmers say proposed bill would 'cripple' the CBD industry

Hemp farmers say proposed bill would 'cripple' the CBD industry

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Cannabis NewsMay 11, 2023

Connecticut’s hemp farmers and CBD product producers say a bill intended to curb sales of illegal cannabis edibles would significantly affect their business. “This will cripple my business,” said Duncan Markovich, co-founder of Better Ways CBD, a Branford-based cannabis therapeutics brand. “The

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Jake Paul and Nate Diaz Fight takes an unexpected turn, fighter subjected to Marijuana testing

Jake Paul and Nate Diaz Fight takes an unexpected turn, fighter subjected to Marijuana testing

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Cannabis NewsMay 11, 2023

It looks like Nate Diaz may have to lay off the weed, at least while he gets ready to box Jake Paul later this summer. Wednesday, the Texas Department of Licensing and Regulation, which is in charge of overseeing combat sports in the state, told MMA Junkie, following an initial report by MMA

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Denmark’s open hash trade under threat on ‘pusher street’

Denmark’s open hash trade under threat on ‘pusher street’

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Cannabis NewsMay 10, 2023

Pusher Street’s run of open cannabis and hash trade in Copenhagen, Denmark could come to an end. While open drug trade of cannabis, hash, and soft drugs is tolerated in Christiania, an autonomous region in Copenhagen, Denmark, that all could end if the area can’t clean up its act, the capital city’s

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New bill could help Black farmers get Medical Marijuana licenses

New bill could help Black farmers get Medical Marijuana licenses

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Cannabis NewsMay 10, 2023

Gov Ron DeSantis is slated to review a bill that would give Black farmers an entry into Florida’s flourishing medical marijuana industry. Black farmers who didn’t make the cut last year could have another opportunity to vie for medical-marijuana licenses, under a bill approved by lawmakers in the

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Could RI pot shops soon advertise on billboards

Could RI pot shops soon advertise on billboards

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Cannabis NewsMay 10, 2023

Rhode Island marijuana shops could soon join their Massachusetts competitors advertising on billboards throughout the Ocean State. The Rhode Island House of Representatives voted unanimously Tuesday to give the state's cannabis regulation office the power to make rules on marijuana advertising while

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Recreational Marijuana enthusiasts get closer to legalizing Weed in Ohio

Recreational Marijuana enthusiasts get closer to legalizing Weed in Ohio

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Cannabis NewsMay 10, 2023

Recreational marijuana advocates have started to collect signatures to put weed on the ballot this November. The Regulate Marijuana Like Alcohol Coalition is now collecting petition signatures from people like Sam from Cleveland to change state law. “Yeah, I’m for it,” she said. “I think people can

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7 years in, what PA doctors still want to know about Medical Marijuana

7 years in, what PA doctors still want to know about Medical Marijuana

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Cannabis NewsMay 10, 2023

Those kinds of studies don't exist with these products,” says a prescribing doctor, “because it has been illegal to study them for most of the last 100 years. Seven years after its legalization, the medical marijuana industry in Pennsylvania is booming. According to data from the Pennsylvania

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Missouri Cannabis sales top $1 Billion

Missouri Cannabis sales top $1 Billion

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Cannabis NewsMay 10, 2023

Adult-use sales in Missouri began in February, Missouri has a new billion-dollar industry. Cumulative sales for marijuana reportedly topped that lofty threshold in the Show Me State earlier this month, just three months after the adult-use marijuana market launched there, and nearly three years

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Illinois marijuana sales stalled in April

Illinois marijuana sales stalled in April

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Cannabis NewsMay 10, 2023

SPRINGFIELD - Marijuana sales in Illinois flattened out last month for the first time since the state legalized recreational use in 2020. April sales totaled $132 million, only $200,000 higher than the same period last year. Crain’s reported that it is partly because pot prices are dropping. People

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North Carolina Cherokee Chief rejects $64 Million proposal for state’s first dispensary

North Carolina Cherokee Chief rejects $64 Million proposal for state’s first dispensary

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Cannabis NewsMay 9, 2023

The so-called marijuana superstore is scheduled to open later this year in North Carolina. A tribal chief in North Carolina has reportedly vetoed a proposed $64 million in additional spending for what is expected to be the state’s first medical cannabis dispensary. The Charlotte Observer reports

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Weed stores could face exponentially higher license renewal fees under new bill

Weed stores could face exponentially higher license renewal fees under new bill

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Cannabis NewsMay 9, 2023

HELENA - Beginning January 1, marijuana retailers in Montana will see their licensing and renewal fees jump dramatically if a bill passed by the 2023 Legislature gets signed into law by Gov Greg Gianforte. House Bill 903, sponsored by Rep. Mike Hopkins, R-Missoula, would raise license renewal fees

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Legal pot is more potent than ever and still largely unregulated

Legal pot is more potent than ever and still largely unregulated

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Cannabis NewsMay 9, 2023

Marijuana and other products containing THC, the plant's main psychoactive ingredient, have grown more potent and more dangerous as legalization has made them more widely available. Although decades ago the THC content of weed was commonly less than 1.5%, some products on the market today are more

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Vermont regulators weigh in on how SAFE Banking Act could affect Cannabis industry

Vermont regulators weigh in on how SAFE Banking Act could affect Cannabis industry

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Cannabis NewsMay 9, 2023

MONTPELIER - Vermont regulators aren’t sure what kind of impact the SAFE Banking Act would have here. The Department of Financial Regulation says they continue to hear banking for the cannabis industry is a hurdle for growers and retailers. They believe the SAFE Banking Act would provide some relief

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Whistleblower claims FBI and DCC ignored multi-million dollar Cannabis Diversion

Whistleblower claims FBI and DCC ignored multi-million dollar Cannabis Diversion

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Cannabis NewsMay 9, 2023

Former employee said FBI, DCC declined to act on the information provided. As California continues to grapple with the problem of its cannabis being smuggled as far away as New York City, one longtime West Coast industry insider says authorities have declined to act on information about his former

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How advertisers are building up their Cannabis ad budgets as Marijuana regulations loosen

How advertisers are building up their Cannabis ad budgets as Marijuana regulations loosen

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Cannabis NewsMay 8, 2023

This past 4/20, Gbemi Maiyegun was surprised to see just how many mainstream brands were celebrating with cannabis-friendly ads, partnerships and marketing messages. There were the usual suspects like Jack in the Box and Ben & Jerry’s (whose campaign called for justice regarding long-standing

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Grandma who supplied Cannabutter in Australia sentenced

Grandma who supplied Cannabutter in Australia sentenced

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Cannabis NewsMay 8, 2023

A great-grandmother in Australia was sentenced to a two-year bond, based on good behavior, avoiding a 3,5-year sentence for supplying cannabutter to a minor. One grandma in Australia found healing benefits through cannabis-infused butter, but it backfired when her teen great-grandson used it to bake

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