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California's New Hemp Rules Could Reshape Cannabis: 'A Different Set Of Rules In Every State'

Cannabis In Europe: From Marijuana Busts To New Industry Partnerships, Here's What's New In Poland, Greece And UK

NY Cannabis Market Soars To $654M But Equity Licensees Are Left Behind, Report Finds Image Cannabis NewsOctober 4, 2024 Despite increasing revenue, over 200 retail license holders, especially social equity programs, remain in limbo. A report filed with the New York State Legislature on Oct. 1 by the Office of Cannabis Management (OCM) and the Cannabis Control Board (CCB) reveals significant growth in the state's Marijuana Business News by Franca Quarneti

Ohio Cannabis Market Soars To $76M In Less Than 2 Months But Michigan Remains The Leader Image Cannabis NewsOctober 3, 2024 When Ohio recreational cannabis shops officially opened their doors on Aug. 6, sales zoomed to over $22.5 million in the first 12 days. Ohio's recreational marijuana industry is gaining momentum, with sales reaching $76.3 million as of the end of September. When recreational cannabis shops Marijuana Business News by Maureen Meehan

Colorado among states with biggest decline in cannabis tax revenue as more states legalize Image Cannabis NewsOctober 3, 2024 Colorado's marijuana sales and tax revenue are back on the decline after a hopeful end to 2023, indicating there's more fueling the market than simply recovering from the pandemic. The falling demand is largely due to two main factors: decreased consumption following a pandemic-fueled surge and the Marijuana Business News by MMJ Daily

UK Could Net Up To $12.6B Annually From Cannabis Legalization Image Cannabis NewsOctober 2, 2024 Cannabis legalization in the UK could generate $4.38 to $12.6 billion in annual tax revenue, according to a report by advocacy group CLEAR. The United Kingdom could generate between $4.38 billion and $12.6 billion annually in tax revenue by legalizing and regulating cannabis for adult use, according Marijuana Business News by Juan Spinelli

Cannabis Company TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan Image Cannabis NewsOctober 2, 2024 TerrAscend Corp. cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially announced in August 2024. The new funds were used to pay down higher Marijuana Business News by Rolando Garcia

Slipping Weed Sales In Florida's Market: Is This $100M Bet Really Worth The Hype? Image Cannabis NewsOctober 2, 2024 Despite pouring millions into the push for adult-use cannabis legalization, Florida's cannabis market is showing signs of strain. According to a recent report from Beacon Securities, financial backing for the legalization campaign has surged, yet dispensary sales have slipped during the third Marijuana Business News Cannabis Jobs by Nicolas Jose Rodriguez

Pesticide-Free Food Tastes Better—Wait Until You Try Clean Cannabis This Autumn Image Cannabis NewsOctober 1, 2024 As consumers embrace pesticide-free food for its health and taste benefits, Autumn Brands is bringing similar clean practices to cannabis. The women-owned, family-operated company based in Santa Barbara California is setting new standards in sustainable, pesticide-free cultivation. Co-founded by Marijuana Business News by Nicolás Jose Rodriguez

Rhode Island Officials Consider Letting Marijuana Packages Have More Color Image Cannabis NewsOctober 1, 2024 Drive along the highway and you'll see plenty of big, attention-grabbing billboards with bright colors advertising Rhode Island's few licensed cannabis retailers. But go inside one of those stores and you'll be met with a sea of neutral colors: white, gray or black. Occasionally, there's navy blue Marijuana Business News by MMJ Daily

Can Small Cannabis Companies In Illinois Break Into The Medical Marijuana Market? Image Cannabis NewsOctober 1, 2024 Medical marijuana patients in Illinois can now purchase cannabis grown by small businesses as part of their allotment, according to Erin Johnson, the state’s Cannabis Regulation Oversight Officer. Illinois boasts the “most diverse cannabis business ownership” in the country, at least according to Marijuana Business News by Rolando Garcia

Vermont regulators to stop accepting new retail cannabis applications next month Image Cannabis NewsSeptember 30, 2024 The state panel that regulates Vermont’s cannabis industry voted Wednesday to temporarily stop accepting applications for new retail licenses, a move that comes amid growing concerns the market has become oversaturated in some cities and towns. The decision, which is set to take effect Oct. 25 Marijuana Business News by Shaun Robinson

US (CA): Cheech and Chong sue to overturn hemp ban Image Cannabis NewsSeptember 30, 2024 Members of the hemp industry—including Cheech and Chong's cannabis company—filed a lawsuit on Tuesday seeking to overturn new California regulations that outlaw most consumable hemp products in the state, including those containing any intoxicating cannabinoids derived from the plant. The suit says Marijuana Business News by MMJ Daily

IRS Attorney: There Is No End Run Around 280E Image Cannabis NewsSeptember 27, 2024 Cannabis companies underpaying or withholding taxes based on presumed nullification of Internal Revenue Code Section 280E after rescheduling are setting themselves up for costly disappointment and the potential for asset seizure, according to an attorney at the Internal Revenue Service (IRS). Senior Marijuana Business News by Sue Dehnam

Bridging the Generation Gap: Key Insights for Dispensaries and Brands Image Cannabis NewsSeptember 27, 2024 Cannabis retailers may want to reconsider their merchandise mix and sales approaches in light of a new multigenerational survey of cannabis consumers. Conducted by Sanctuary Wellness in May and released this week, the survey’s data reveals a stark divide between age-related demographics. According Marijuana Business News by Brittany Gambrell

NBA's Al Harrington: 'We Don't Forget Those Harmed By Cannabis Prohibition,' Our Mission Is Impact Before Profit Image Cannabis NewsSeptember 26, 2024 Al Harrington’s Village Dispensary focuses on empowering communities impacted by prohibition. For NBA star turned cannabis entrepreneur Al Harrington, the opening of Village Dispensary in Hoboken, New Jersey, represents much more than just business expansion. It’s part of a mission to rectify Marijuana Business News by Javier Hasse

States Without Legalized Cannabis Have Higher Rate of Poison Control Calls for Delta-8 THC Products, Says Recent Study Image Cannabis NewsSeptember 26, 2024 Products containing Delta-8 THC may be leading to an increase in calls to poison control centers, according to a recent study. A recent study published in the Journal of Medical Toxicology (1), titled, “Delta-8 Tetrahydrocannabinol Exposures Reported to US Poison Centers: Variations Among US States Marijuana Business News by Madeline Colli

Verano Holdings Corp. Set to Begin “Save the Bits” Campaign for Lynn Sage Breast Cancer Foundation Image Cannabis NewsSeptember 26, 2024 Multi-state cannabis company, Verano Holdings Corp., started a fundraising campaign with their BITS™ edibles product for Breast Cancer Awareness Month with a portion of the proceeds going to the Lynn Sage Breast Cancer Foundation. As the month of October comes around, fall colors aren’t the only Marijuana Business News by Madeline Colli

Global Cannabis Seeds Market Projected To Reach $6.5 Billion By 2031 Image Cannabis NewsSeptember 25, 2024 The global cannabis seed market is projected to experience significant growth between now and 2031 according to a market report by Allied Market Research. The market researchers estimate that the value of the worldwide cannabis seed market was $1.3 billion in 2021 and that the sector’s value will Marijuana Business News by Cannabis & Tech Today

Non-Hallucinogenic Psychedelic Treatment For Anxiety And Depression In Pre-Clinical Models: Enveric Biosciences' Breakthrough Research Image Cannabis NewsSeptember 25, 2024 Enveric Biosciences has presented research highlighting the its lead compound, EB-003 at the 7th Neuropsychiatric Drug Summit. Psychedelics biotech company Enveric Biosciences ENVB has presented research highlighting its lead compound, EB-003 at the 7th Neuropsychiatric Drug Summit showing Marijuana Business News by Jelena Martinovic