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US Cannabis Stocks Rally as Harris Urges Quick DEA Decision on Rescheduling

US Cannabis Stocks Rally as Harris Urges Quick DEA Decision on Rescheduling

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Cannabis NewsMarch 21, 2024

US Cannabis Stocks Rally As VP Calls On DEA To Come To Rescheduling Decision ‘Quickly’, Amid More Rumors Of Imminent Decision. US cannabis stocks rallied on Friday after Vice President Kamala Harris called on the Drug Enforcement Administration (DEA) to come to a decision on cannabis rescheduling

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These Medical Marijuana cards let you buy for kids or others

These Medical Marijuana cards let you buy for kids or others

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Cannabis NewsMarch 21, 2024

A Medical Marijuana Card isn't the only way to purchase legal marijuana in Florida. If you have children under 18 who are eligible for medical marijuana or if you care for someone eligible in a medical capacity, you can apply to become a Medical Marijuana Caregiver for them. This allows you to buy

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Southwest Michigan hits high point in Marijuana tax revenue

Southwest Michigan hits high point in Marijuana tax revenue

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Cannabis NewsMarch 21, 2024

Berrien County gets $1,2 million in 2023 from eligible licenses. Southwest Michigan municipalities and counties where marijuana was sold in 2023 received more than $4.6 million in marijuana tax revenue. That’s up from the $3.5 million they received the previous year. According to the Michigan

Marijuana Politics Marijuana Business News

Fat Joe discusses marijuana laws with Kamala Harris: Unpacking the inequities

Fat Joe discusses marijuana laws with Kamala Harris: Unpacking the inequities

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Cannabis NewsMarch 21, 2024

When the VP calls me, I stop everything. In an unprecedented meeting of hip-hop and politics, Fat Joe and Vice President Kamala Harris recently convened to tackle the contentious issue of marijuana possession laws. On Friday, March 15, the Bronx-bred rapper moderated a closed-door discussion with

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FDA says Marijuana has a legitimate medicinal purpose

FDA says Marijuana has a legitimate medicinal purpose

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Cannabis NewsMarch 21, 2024

As a Schedule 1 drug, marijuana is currently in the same category as some of the hardest drugs, like heroin and LSD. The FDA released a report saying that marijuana does have a legitimate use for medical purposes and recommended the US Drug Enforcement Agency to change its classification from

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Medical Marijuana testing facility opens in Rapid City

Medical Marijuana testing facility opens in Rapid City

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Cannabis NewsMarch 20, 2024

Western South Dakota's first medical marijuana testing facility is opening in Rapid City. Triverty Analytical will conduct compliance testing for the state’s cannabis industry, to test the potency of medical marijuana and to scan for contaminants like pesticides or heavy metals. Officials with the

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Kansas bill pushes pilot program for Medical Cannabis

Kansas bill pushes pilot program for Medical Cannabis

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Cannabis NewsMarch 20, 2024

After numerous failed attempts to make marijuana legal in Kansas, a new effort is underway. Kansas Natural Remedies harvests hemp plants in the state. While hemp and marijuana plants are the same species, due to the low amount of THC in hemp, it does not classify as cannabis making it legal. Kansas

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NY’s quarterly tax payments for Cannabis businesses ‘threatens the viability’ of all operators

NY’s quarterly tax payments for Cannabis businesses ‘threatens the viability’ of all operators

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Cannabis NewsMarch 20, 2024

Urgent Need for Reform: New York's Cannabis Tax Payment System. As the April 1 state budget deadline looms in Albany, all cannabis tax discussions have been on the THC potency tax repeal-and-replace proposals. We are thankful that the governor and legislature have all offered substantial replacement

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Legal Marijuana in other states hurts livelihood of California growers

Legal Marijuana in other states hurts livelihood of California growers

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Cannabis NewsMarch 19, 2024

While marijuana is associated with millions in tax revenue, it has not led to growth in the communities that first brought pot to popularity. Tax dollars have always been seen as one of the best parts of marijuana legalization. In a three-county region of Northern California known as the "Emerald

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How the United States became a major supplier of Weed to Ireland

How the United States became a major supplier of Weed to Ireland

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Cannabis NewsMarch 18, 2024

Irish gangs are sourcing cannabis from American suppliers after its legalisation in 24 states. Drug trafficking is rapidly evolving in terms of both smuggling methods and money-laundering America has become a significant source of cannabis being smuggled into Ireland following the legalisation of

Marijuana Business News

Combined Medical And Adult-Use Cannabis Sales In Colorado Reach $115.4M In January

Combined Medical And Adult-Use Cannabis Sales In Colorado Reach $115.4M In January

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Cannabis NewsMarch 18, 2024

Colorado Cannabis Sales Hold Steady in January, Year-Over-Year Decline Continues. January cannabis sales in Colorado came in flat compared to December, according to data released by the Colorado Department of Revenue. Combined medical and adult-use marijuana sales earned $115.4 million in January

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More funding needed for New York’s Cannabis social equity entrepreneurs

More funding needed for New York’s Cannabis social equity entrepreneurs

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Cannabis NewsMarch 18, 2024

Challenges and Calls for Equity in New York's Cannabis Industry. In 2023, some 6,900 New Yorkers applied for adult-use recreational licenses, competing for approximately 900 to 1,500 licenses expected to be issued by the NYS Office of Cannabis Management this year. It’s essential to acknowledge the

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Lansing Marijuana business loses licenses over 'illicit' products

Lansing Marijuana business loses licenses over 'illicit' products

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Cannabis NewsMarch 18, 2024

Michigan Marijuana Business Surrenders Licenses for Mixing Legal and Illicit Products. The Michigan Cannabis Regulatory Agency Thursday announced that a Lansing marijuana business would surrender its medical and adult-use processor licenses because it had been mixing legal and illicit products for

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Flipping the script: Cannabis lawyer turns Cannabis entrepreneur

Flipping the script: Cannabis lawyer turns Cannabis entrepreneur

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Cannabis NewsMarch 15, 2024

From Lawyer to Cannabis Entrepreneur: Blake Mensing's Career Shift in Massachusetts. When Massachusetts voters passed a ballot initiative legalizing recreational marijuana in 2016, it opened the door for Blake M. Mensing to establish what would turn out to be a booming legal practice advising

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California Cannabis tax collections are down 20% over two years

California Cannabis tax collections are down 20% over two years

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Cannabis NewsMarch 15, 2024

Debate Over California's Cannabis Taxes Intensifies as Groups Clash Over Raising Rates. California’s cannabis taxes have long been attacked for being unsustainably high, to the point that even state Attorney General Rob Bonta has called for lowering the burden. However, at least one powerful group

Marijuana Business News

New Buffalo Township pausing new Marijuana dispensary applications

New Buffalo Township pausing new Marijuana dispensary applications

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Cannabis NewsMarch 15, 2024

New Buffalo Township Puts Pause on Marijuana Dispensary Considerations Amid Surge in License Applications. New Buffalo Township is putting a pause on considering more marijuana dispensaries... after already getting 35 license applications. Currently, only two dispensaries are open in the township

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CBD startups see opportunity in Georgia’s hazy Cannabis Laws

CBD startups see opportunity in Georgia’s hazy Cannabis Laws

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Cannabis NewsMarch 15, 2024

Recreational cannabis-based goods try to capture a market that’s still adjusting to legal hemp products. It wasn’t a typical product launch party. Hundreds of guests gathered last weekend at a swanky rooftop lounge in downtown Atlanta to sample drinks, watch dancers twirl flaming batons and ride in

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Delta-8 THC Is Getting Popular Among Teens At School

Delta-8 THC Is Getting Popular Among Teens At School

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Cannabis NewsMarch 15, 2024

The use of Delta-8 THC is becoming significant among high school students, according to a new national survey. The findings published this week in the Journal of the American Medical Association (JAMA) reveal that 11.4% of high school students used delta-8 THC in the past year. What Is Delta-8 THC

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Self-proclaimed 'master greensmith' creates life-like Cannabis plants for television shows and films

Self-proclaimed 'master greensmith' creates life-like Cannabis plants for television shows and films

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Cannabis NewsMarch 14, 2024

London Director's Artificial Cannabis Props Prompt Police Visit. Marko Washke, 56, the company director of Sugavision, suppliers of hyper-realistic, artificial cannabis plants and botanical props, who lives in Brixton, London created cannabis props for the first time in 1999, for the 2000 comedy

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High cost of banking hits Marijuana retailers

High cost of banking hits Marijuana retailers

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Cannabis NewsMarch 14, 2024

Challenges and Hopes for Cannabis Retailers in Washington: The Impact of the SAFER Banking Act. It's been more than a decade since Colorado and Washington became the first states to legalize recreational marijuana. Since then, 19 states have followed. But along the west coast, which dominated the

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