Jukebox will replace the Copperstate cartridge line and expand the product suite to include cartridges, pre-rolls, edibles and pre-packed flower.

If you’re looking for more than a sugar rush from a baked good, Holly Teegarden’s business might be your new favorite sweet spot.

She runs Moodedibles, an online bakery specializing in hemp-derived edibles that will soon be popping up around Pittsburgh.

Inside a small commissary kitchen in Sewickley, the treats are made with CBD, Delta-8 THC and other minor cannabinoids that reportedly offer therapeutic, non-intoxicating benefits.

By June, her food trailer will be showing up around town, dispensing information along with goodies. It is already booked for the second and fourth Saturdays at the Terminal in the Strip District.

Teegarden says she’s not in the business of getting people messed up.

Last week New Jersey kicked off long-awaited recreational cannabis sales.

On the first day of sales, April 21, over 12,000 customers spent nearly $2 million for cannabis, according to NJ's Cannabis Regulatory Commission (CRC). (Benzinga)

Some worried about the availability of cannabis for both the recreational and medical markets, but there was plenty to go around. The MMJ supply remained strong, with 64,000 ounces of products sold to patients and their caregivers over the past month.

Packaging that mirrors major brands called 'unscrupulous' and potentially dangerous for children. 

At first glance, there is little indication the snack-size bag of Trix is meant to get a user stoned. Every detail of the packaging has been copied from General Mills' cereal, and the company's logo even adorns the corner.

But the cannabis edible recently pulled from the market was a "copycat" product with a combined 1,000 milligrams of THC, the main intoxicating compound in marijuana. (A standard dose is 10 mg.)

The Consumer Brands Association and several major food companies, including Minnesota-based General Mills and Post Consumer Brands, are urging Congress to crack down on the practice.

The 2022 Pennsylvania Hemp Summit ran Tuesday and Wednesday in Lancaster, featuring nearly 100 hemp growers and entrepreneurs.

Industrial hemp is grown for fiber and seed. It is a different variety of the plant that produces marijuana and became regulated with marijuana in the 1950s and 1960s. Industrial hemp must maintain a concentration of the psychoactive chemical tetrahydrocannabinol below the 0.3 percent legal threshold.

“Industrial hemp is an economic driver delivering innovative approaches to everyday challenges,” Agriculture Secretary Russell Redding said, opening the trade show.

The concept made its first trip through a Kreider Farms brainstorming session about six years ago. Hemp products were only an exciting idea then. Not yet a legal possibility.

Eggs were a natural starting point for Kreider, which was already producing a wide range of organic and brown options. That led to a question.

“Why not throw some hemp in there, see if we can get some elevated omegas and some elevated nutrients?” said Khalee Kreider, the company’s marketing manager. “It seemed like it would fit into what we already had going on.”

A seismic shift came two years later. The 2018 Farm Bill authorized the production of hemp and removed hemp and hemp seeds from the Drug Enforcement Administration’s list of controlled substances.

The Garden State raked in the green during the state’s first day of recreational marijuana sales.

More than 12,000 people headed to dispensaries and bought nearly $1.9 million worth of cannabis and cannabis products, according to the New Jersey Cannabis Regulatory Commission. In the days since sales started on Thursday, lines have been steady at dispensaries.

“We expected sales to be substantial and the data shows that the market is effectively serving both adult-use consumers and patients,” Jeff Brown, executive director of the NJ-CRC, said. “We continue to monitor inventory and access for patients and are prepared to take enforcement action against any ATC that does not meet the requirements for patient access and supply.”

Illinois could have realized an additional $600 million in revenue from recreational marijuana sales, according to an analysis by the Illinois Policy Institute.

The group said it found a complicated tax system and restrictive licensing has cut into the state's revenue stream. In 2021, Illinois took in $317 million from cannabis taxes despite the demand for the product due to the pandemic.

Illinois lawmakers had projected in 2019 that revenue could produce $440 million to $676 million in annual tax revenue. The number of dispensary licenses has also been a problem.

In March, Arizona generated more tax revenue from legal marijuana than from tobacco and alcohol, reported Marijuana Moment. (Article Originally Appeared on: Benzinga)

The state receives Marijuana Tax revenues from three different sources: 1) the 16% Recreational Marijuana Excise Tax; 2) Sales Tax applied to Recreational Marijuana purchases; and 3) Sales Tax applied to Medical Marijuana purchases.

The state collected $11.9 million in dedicated marijuana excise taxes in March and $94.3 million in fiscal years to date.

On Monday night, the Billings City Council brought its marijuana laws in line with state marijuana laws and lowered the age a person can work for or own a marijuana business from 21 to 18.

The city has the right to establish an age requirement for marijuana business license holders and their employees, but voted 8-3 to lower the minimum age to 18.

The 21-year-old age requirement prompted the Billings dispensary, Montana Advanced Caregivers, to file a lawsuit against the city earlier this month. The dispensary employs three people who are older than 18, but not yet 21.

This could give new meaning to Big Apple pizza joints.

New York State officials are weighing whether to allow pizzerias and other eateries to sell fresh cannabis-infused grub and packaged pot edibles, The Post has learned.

Aaron Ghitelman, a spokesman for the state Office of Cannabis Management, confirmed there have been discussions about awarding such licenses to food preparers — raising the possibility of offerings such as pesto pot pizza or pepperoni with sweet weed sauce.

However, “the regulations regarding infused food products have not been released yet,” Ghitelman stressed.

BlueKudu's artisanal infused chocolates will be available at all 45 Curaleaf locations statewide

Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today announced the launch of BlueKudu infused chocolates at all 45 Curaleaf locations in Florida. Acquired by Curaleaf in 2020, BlueKudu was founded in Colorado as one of the state's original and most experienced edible manufacturers known for utilizing culinary experts to create artisanal cannabis products. The expansion marks BlueKudu's first launch outside of Colorado and Curaleaf's entrance into Florida's infused chocolate category.

Regulators' plan for a cannabis market that benefits communities that suffered from criminalization is taking longer to set up

Moke Mokotoff, the 72-year-old behind a Columbia County hemp farm newly licensed to grow marijuana for recreational use this summer, is hurriedly preparing to cultivate for New York's first legal recreational sales next winter, even as dispensaries in neighboring New Jersey prepare to make their first adult-use cannabis sales on Thursday. 

Fifth-generation family bedmaker Harrison Spinks has confirmed its expansion into new North Yorkshire farmland to support its growth and sustainability plans, which will increase the company’s hemp production.

The new Ryther-based farmland spans 80 acres and will be used to increase the company’s production of industrial hemp. The increase in hemp production will see the company producing in excess of 1000 tonnes of hemp straw annually, making Harrison Spinks the largest grower of industrial hemp in the UK.

Hemp fibre, a key component of the company’s mattresses, is one of the strongest natural fibres – it is used in Harrison Spinks’ fillings and is known for its fresh and absorbent properties.

Delta 9 Cannabis Inc. was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 1,500 shares, a drop of 25.0% from the March 15th total of 2,000 shares. Based on an average trading volume of 24,700 shares, the days-to-cover ratio is presently 0.1 days.

Shares of DLTNF traded down $0.01 during trading hours on Monday, reaching $0.25. 35,300 shares of the stock traded hands, compared to its average volume of 13,241. The company’s 50-day moving average price is $0.23 and its two-hundred day moving average price is $0.26. Delta 9 Cannabis has a 52-week low of $0.20 and a 52-week high of $0.49.

Since cannabis remains illegal in much of the world, raising investment can be tricky. This week, guest writer Ken Parks takes a look at how one Luxembourg-based company with operations in Latin America is looking at a new method to solve this problem. 

Using blockchain in a quest for growth

A fund that invests in Latin American cannabis companies is planning to use a novel way of raising cash to expand, with a sale of a type of crypto asset known as security tokens to private investors.

Are These Marijuana Stocks Now Long-Term Investments?

Which marijuana stocks will people invest in this week?. As New Jersey and New York start the sale of legal cannabis will the sector see some upward momentum? Some feel there is a chance on that day some marijuana stocks with businesses in the state could possibly see better trading. Mainly MSO marijuana stocks have the ability to set up operations in other legal markets. Still, the cannabis industry is currently waiting for Chuck Schumer to present his bill.

Although United States (US) cannabis companies have been under pressure so far this year, we believe the market is in the early innings of hyper-growth cycle and are of the opinion that many operators (large and small) are undervalued. (Click here for article)

Since 2020, several states have legalized recreational cannabis and we have been impressed by the growth of these markets. We consider Illinois and Michigan to be burgeoning recreational cannabis markets and are bullish on the long-term potential that is associated with the two midwestern states.