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Cannabis advocates say banks still refuse their business, fuelling the illicit market and hurting the industry

Cannabis advocates say banks still refuse their business, fuelling the illicit market and hurting the industry

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Cannabis NewsJanuary 5, 2024

Even the Cannabis Council of Canada, an industry lobby group, can't open an account with any of Canada's five major banks. The refusal of Canada’s major banks to work with the legal cannabis industry represents a troubling lack of accountability while bolstering the black market, say industry

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Cannabis ETFs Spike on Marijuana Classification Review

Cannabis ETFs Spike on Marijuana Classification Review

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Cannabis NewsJanuary 5, 2024

DEA's Review of Cannabis Reclassification Sparks Surge in Marijuana Stocks and ETFs. Marijuana stocks spiked following the report that the US Drug Enforcement Administration (“DEA”) is reviewing the potential reclassification of cannabis from Schedule I to Schedule III. This development, initiated

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Unlocking the appetite-stimulating secrets of Cannabis through rodent brain studies

Unlocking the appetite-stimulating secrets of Cannabis through rodent brain studies

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Cannabis NewsJanuary 3, 2024

Inhaled Cannabis Influences Feeding Behavior and Neurobiological Mechanisms in Rodents, Study Finds. In a recent study published in the journal Scientific Reports, researchers investigated how cannabinoid-1 receptor (CB1R) expressing neurons in the mediobasal hypothalamus ( MBH) regulate the

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How the federal government has milked the Cannabis business almost to death

How the federal government has milked the Cannabis business almost to death

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Cannabis NewsJanuary 2, 2024

The historic policy shift remains Trudeau’s most significant feat, but the onerous excise tax has marred the journey to sunny days. A few weeks after Canada’s fifth anniversary of cannabis legalization, industry executives gathered in the Crystal Ballroom of the Omni King Edward Hotel in downtown

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Verona Collective dispensary to hold soft opening this week

Verona Collective dispensary to hold soft opening this week

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Cannabis NewsJanuary 2, 2024

Turning Stone's Verona Collective Set to Elevate Cannabis Experience with Grand Opening on January 3. Oneida Indian Nation Homelands — On January 3, Verona Collective will open its first dispensary with a soft opening featuring a selection of the products most desired by cannabis aficionados. Verona

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Snoop Dogg Drops Exclusive Scoop on Game-Changing Cannabis Beverage Line

Snoop Dogg Drops Exclusive Scoop on Game-Changing Cannabis Beverage Line

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Cannabis NewsDecember 21, 2023

Snoop Dogg Talks New Cannabis Beverage Line: ‘Not Everyone Wants To Smoke Or Vape To Get High but Drinking Is Familiar’. "Healthy living and self-care is in," says Snoop Dogg, the renowned rapper and entrepreneur, in an exclusive interview as he discusses the launch of the hemp-infused Do It Fluid

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Easing Marijuana possession expungement under consideration now that pot is legal in Ohio

Easing Marijuana possession expungement under consideration now that pot is legal in Ohio

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Cannabis NewsDecember 19, 2023

Owning and using marijuana has been legal in Ohio for nearly two weeks. Now, those convicted of minor possession violations in the past are left wondering what will happen to their criminal records? Ohio residents convicted of minor marijuana possession could already get their records sealed or

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Kent State University Contracts with Green Flower for Cannabis Education Courses

Kent State University Contracts with Green Flower for Cannabis Education Courses

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Cannabis NewsDecember 18, 2023

Kent State University is breaking into cannabis education, and courses begin as soon as next month. To do this, KSU is partnering with Green Flower, an online education platform founded in 2014 in Ventura, California, by CEO Max Simon. “Education has been my background. But I’ve also been using

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Ohio Mayor Ends Pre-Employment Drug Testing for Pot

Ohio Mayor Ends Pre-Employment Drug Testing for Pot

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Cannabis NewsDecember 18, 2023

Mayor Justin Morris Bibb updated the city’s rules to accommodate for changes in state law. Cleveland, Ohio’s mayor announced the city would end its “antiquated” rules for employment, specifically removing the practice of drug-testing job applicants for cannabis. Mayor Justin M. Bibb announced Dec. 7

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Cannabis Marketing Could Win Big if 280E Goes Away

Cannabis Marketing Could Win Big if 280E Goes Away

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Cannabis NewsDecember 15, 2023

It’s one piece of the cannabis industry that gets left out of the 280E conversation and this is the marketing side of the business. Since companies can’t deduct marketing expenses, when it’s time to tighten the belt, that’s the first place the cuts happen. Public relations, advertising, sponsoring

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Cannabis retail expands in Redwood City with two new dispensary openings

Cannabis retail expands in Redwood City with two new dispensary openings

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Cannabis NewsDecember 15, 2023

MMD and Airfield Supply Company Mark Their Entry into Redwood City. Redwood City is set to see the opening of two new cannabis dispensaries this weekend. MMD, an established California cannabis brand, and Airfield Supply Company, a significant player in the cannabis retail market, are expanding

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Yooma Wellness Files for Bankruptcy

Yooma Wellness Files for Bankruptcy

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Cannabis NewsDecember 15, 2023

Yooma Wellness, a Canadian multi-brand CBD and wellness company, has officially filed for bankruptcy. The company, which boasted a portfolio of companies collectively worth US$60m just two years ago, has become the latest cannabis casualty of 2023 following an extended period of ‘significant

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Police's crime lab test does not tell the difference between legal Hemp and illegal Marijuana

Police's crime lab test does not tell the difference between legal Hemp and illegal Marijuana

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Cannabis NewsDecember 14, 2023

A viral Charlotte Mecklenburg Police arrest is now raising questions about how the department tests marijuana. Can CMPD’s crime labs tell the difference between legal hemp and illegal marijuana? Christina Pierre and Anthony Lee claimed they were smoking legal hemp at a bus stop on West Arrowood in

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Cannabis certification courses coming to Kent State University

Cannabis certification courses coming to Kent State University

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Cannabis NewsDecember 13, 2023

Kent State University is rolling out new cannabis certification courses now that recreational marijuana is legal in Ohio. “Even before legalization even took place, Kent State said this is an industry they wanted to help develop the new workforce,” said Max Simon, CEO of Green Flower. According to

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UK’s Largest Medical Cannabis Study Announces New Industry Partners

UK’s Largest Medical Cannabis Study Announces New Industry Partners

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Cannabis NewsDecember 12, 2023

Three New Industry Partners Join Drug Science's T21 Medical Cannabis Study in the UK. Drug Science is pleased to welcome three new industry partners to its groundbreaking medical cannabis study, T21 (formerly Project TWENTY21). They are SOMAí Pharmaceuticals, Blackpoint Biotech and 4Clabs who will

Cannabis Technology News

Cannabis is a threat to the city, but not in the way you think

Cannabis is a threat to the city, but not in the way you think

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Cannabis NewsDecember 12, 2023

Cannabis has been the city of Sacramento’s new-found pot of gold. With the most permissive regulatory environment in the region for cultivating, distributing and selling cannabis, the existing 4% tax on the industry now dwarfs all revenue from all parking lots city-wide. Cannabis businesses are

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Minnesota industrial hemp license applications now open for 2024

Minnesota industrial hemp license applications now open for 2024

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Cannabis NewsDecember 11, 2023

Applications for licenses to grow and process industrial amounts of hemp in Minnesota are now open. The licenses, made available through the Minnesota Department of Agriculture (MDA), are required for individuals and businesses. Requirements to be approved for a license include passing a criminal

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Mix Up Your Holiday Cheer With a Sparkling Cannabis Experience

Mix Up Your Holiday Cheer With a Sparkling Cannabis Experience

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Cannabis NewsDecember 11, 2023

Elevate your holiday festivities with non-alcoholic cocktail recipes made with Mini Soda! Naturally sweetened with cane sugar, these gentle THC sodas are the perfect beverage for your celebrations. As the winter season wraps us in its festive embrace, Mini Soda is here to add a twist of joy and

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Cannabis Professionals Predict Exciting And Bumpy Ride For Industry In 2024

Cannabis Professionals Predict Exciting And Bumpy Ride For Industry In 2024

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Cannabis NewsDecember 11, 2023

Cannabis Industry Predictions for 2024: Rescheduling, M&A Surge, and Regulatory Drama. As the legal cannabis industry entered the post-pandemic age in 2023, the downturn that shadowed so many companies, gave way to a ray of light as more U.S. markets legalized, a Senate Committee had finally

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Police seeking info on suspects after series of Cannabis store robberies

Police seeking info on suspects after series of Cannabis store robberies

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Cannabis NewsDecember 8, 2023

Calgary police are looking for help to identify multiple suspects they believe are connected to a series of cannabis store armed robberies. Since Nov. 14, a dozen cannabis store robberies have happened in Calgary, including one where police said the suspects kicked the store clerk unconscious and

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