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Man arrested after breaking into Sandy cannabis company, attempting to steal CBD gummies

Man arrested after breaking into Sandy cannabis company, attempting to steal CBD gummies

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Cannabis NewsDecember 28, 2022

SANDY - A 40-year-old man was arrested Monday after police say he broke into a Sandy cannabis oil extraction plant and attempted to steal about $900 worth of CBD gummies and hemp. Sandy police say Brennen Scott Deherrera forced entry into the business by breaking an office window about 4:27 p.m

Marijuana Business News

Only 10 medical cannabis applications received as deadline looms, says Medical Cannabis director John McMillan

Only 10 medical cannabis applications received as deadline looms, says Medical Cannabis director John McMillan

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Cannabis NewsDecember 28, 2022

Thursday afternoon marks the application deadline for anyone hoping to get in on the medical cannabis business in Alabama. Though the Alabama Medical Cannabis Commission (AMCC) received nearly 600 requests for an application, Executive Director John McMillan said on Midday Mobile that just 10 have

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The 10 biggest NY Cannabis stories in 2022

The 10 biggest NY Cannabis stories in 2022

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Cannabis NewsDecember 28, 2022

NY Cannabis Insider launched in March, less than a year after the state passed the Marijuana Regulation and Taxation Act. In roughly nine months, our reporters have covered every facet of the state’s evolving cannabis industry, including lab testing and social equity, business data and legal

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The Sinaloa Cartel is borrowing ideas from California's dispensaries

The Sinaloa Cartel is borrowing ideas from California's dispensaries

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Cannabis NewsDecember 28, 2022

SINALOA - Someone walking around the Mexican city of Culiacán, the capital of Sinaloa state and home turf of the cartel of the same name, could be forgiven for thinking marijuana had been legalized. Ten years ago, weed was still being sold in dark alleys or delivered by shady dealers in old cars

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Recalled jerky that led to health complaints, positive cannabis tests in 2020 is now the subject of lawsuits

Recalled jerky that led to health complaints, positive cannabis tests in 2020 is now the subject of lawsuits

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Cannabis NewsDecember 27, 2022

Plaintiffs claim jerky made by Whitehorse shop led to unpleasant effects for consumers. The allegedly THC-laced jerky that prompted a recall of meat products made by a Whitehorse shop in 2020 has now prompted a pair of lawsuits from people who ate the jerky and were incapacitated by its effects. Two

Marijuana Business News

Inflation trimming back Cannabis spending, say retailers

Inflation trimming back Cannabis spending, say retailers

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Cannabis NewsDecember 27, 2022

'We have folks who are altering their buying habits and they're getting better quality products for less' Inflationary pressures are leading cannabis consumers to prune back their spending, say Calgary pot retailers. Even with the price of cannabis largely escaping inflation plaguing other goods

Marijuana Business News

Find out what is causing Cannabis prices to drastically plummet in legal states

Find out what is causing Cannabis prices to drastically plummet in legal states

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Cannabis NewsDecember 27, 2022

Even as the industry continues to suffer endless miseries, there seems to be one winner in all of this: cannabis consumers. Weed glut has become pervasive in many legal states, causing the price of weed to plummet drastically. The problem is pronounced in New York where about 300,000 pounds of weed

Marijuana Politics Marijuana Business News

NCCC hosting first SUNY Cannabis Conference

NCCC hosting first SUNY Cannabis Conference

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Cannabis NewsDecember 27, 2022

Niagara County Community College will be hosting the first cannabis conference on a State University of New York campus, covering the “seed to sale” lifespan in the cannabis business. It will take place starting at 9 a.m. on Jan. 10 in the campus dining commons and dining room. Brian Michel, the

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Hong Kong police investigating indoor Marijuana farm syndicate after 2 arrests made and 991 Cannabis plants seized in New Territories raid

Hong Kong police investigating indoor Marijuana farm syndicate after 2 arrests made and 991 Cannabis plants seized in New Territories raid

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Cannabis NewsDecember 22, 2022

Hong Kong police are investigating a drug ring after a raid on an indoor marijuana farm in the New Territories led to two arrests and the seizure of 991 cannabis plants, which the force says were destined for local consumption. Inspector Chu Siu-lung of the Narcotics Bureau on Thursday revealed

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With Recreational Weed legal, officials expect Medical Marijuana licenses to dwindle

With Recreational Weed legal, officials expect Medical Marijuana licenses to dwindle

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Cannabis NewsDecember 22, 2022

Recreational marijuana is legal in the state of Missouri, as of Thursday, Dec. 8. And while the implementation of the voter-approved change is ongoing, state officials say it's likely to lead to a noticeable decline in medical marijuana licensing. As it charts next steps, the Missouri Division of

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NBA Star and Ex-congressmember team up to solve Cannabis banking issue

NBA Star and Ex-congressmember team up to solve Cannabis banking issue

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Cannabis NewsDecember 21, 2022

Token Hifi offers a new banking solution to help business owners. Former Rep. Dan Donovan, who held his position as a New York House representative between 2015-2019, and former Indiana Pacers NBA athlete David Harrison, recently announced their partnership to create a new banking solution called

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Comparing Marijuana Policies: Why Russia Has the Right to Ignore American criticism

Comparing Marijuana Policies: Why Russia Has the Right to Ignore American criticism

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Cannabis NewsDecember 20, 2022

Americans are not exactly the most self-aware people on the planet. Our politicians and pundits debated endlessly about the detention by the Russians of basketball player Brittney Griner: But here’s an issue that I didn’t see addressed: What if the basketball shoe were on the other foot? What would

Marijuana Politics Marijuana Business News

Cheap Weed has become a big problem in the Pot Industry

Cheap Weed has become a big problem in the Pot Industry

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Cannabis NewsDecember 19, 2022

Rock-bottom weed? Marijuana keeps getting cheaper, and that’s becoming a growing problem for the industry. If you thought regulatory issues were the cannabis industry’s biggest challenges going into 2023, take a closer look at the price of raw marijuana flower. Retail and wholesale prices have

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Almost all Missouri Marijuana facilities applied for new license

Almost all Missouri Marijuana facilities applied for new license

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Cannabis NewsDecember 19, 2022

KANSAS CITY - One week after marijuana became legal in Missouri, nearly all of the state’s dispensaries, manufacturing, and cultivation facilities have applied to change their licenses. The businesses when through an application process to secure a Missouri medical marijuana license when it became

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Ex-drug felons get first Cannabis licenses in New York

Ex-drug felons get first Cannabis licenses in New York

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Cannabis NewsDecember 19, 2022

NEW YORK - Naiomy Guerrero’s brother was stopped by police often and was once convicted on drug charges when marijuana was illegal in New York. Now, she is setting up a legal cannabis business, a promising new market fraught with pitfalls. New York state is offering its first 150 licenses for the

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Cannabis concerns grow with recreational sales set to start next month

Cannabis concerns grow with recreational sales set to start next month

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Cannabis NewsDecember 19, 2022

Some members of Connecticut’s medical marijuana community are concerned about the recreational market with sales expected to start on Jan. 10, 2023. They are also concerned about the mold threshold allowed under Connecticut law. Right now there are four medical marijuana growers in the state and at

Marijuana Business News Cannabis Jobs

Colorado Marijuana has never been cheaper

Colorado Marijuana has never been cheaper

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Cannabis NewsDecember 16, 2022

DENVER - Housing might be out of reach for many Coloradans, but at least pot is cheap. The average market price for a pound of Colorado marijuana bud has been falling since early 2021, according to the Colorado Department of Revenue figures released this week. The price of a pound of bud was at its

Marijuana Business News

DA charges operators of unlicensed mobile Cannabis Dispensary

DA charges operators of unlicensed mobile Cannabis Dispensary

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Cannabis NewsDecember 16, 2022

Two Rockaway Park men were charged with operating an unlicensed mobile cannabis dispensary and their converted school bus was impounded by the New York City Sheriff’s Office, Queens District Attorney Melinda Katz announced Thursday, Dec. 15. Omar Herrera, 32, and David Reilly, 47, both of Beach

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QNS

Is Weed More Profitable Than Booze? This State Says It Is, Expects $30.7M In Tax Revenue

Is Weed More Profitable Than Booze? This State Says It Is, Expects $30.7M In Tax Revenue

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Cannabis NewsDecember 16, 2022

Tax revenue from pot sales is forecasted to reach $50.7 million in the 2024 fiscal year, and $57.7 million in 2025 for the general fund, as per the new budget proposal. (Benzinga) Which vice brings in more in taxes — weed or alcohol? It depends on the state, the local trend and the taxes set up on

Medical Cannabis News Recreational Marijuana News Marijuana Business News

Detroit not releasing applications for recreational Cannabis Licenses

Detroit not releasing applications for recreational Cannabis Licenses

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Cannabis NewsDecember 16, 2022

The city is not releasing the 90 applications it received for pot retail and lounge licenses. Detroit denied our Freedom of Information Act request for the application documents that businesses submitted seeking the 60 available recreational cannabis licenses as the city rolls out its much-delayed

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