Business

NY Weed Sales Expected to Surpass $1B Despite Initial Struggles

NY Weed Sales Expected to Surpass $1B Despite Initial Struggles

By / September 17, 2024 /

New York’s Cannabis Market Eyes $1 Billion in Sales After Slow Start New York’s regulated cannabis market is showing signs of life after a rocky start. From January to August…

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Spirit Rising House Owners Accused of Selling Cannabis to Minors

Spirit Rising House Owners Accused of Selling Cannabis to Minors

By / September 17, 2024 /

Spirit Rising House Owners Charged with Distributing Cannabis to Minors Four owners of the Manitoba-based foster care provider, Spirit Rising House, were charged on Monday with distributing illicit cannabis and…

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Cannabis Rescheduling: A New Era for Banking and Capital Markets

Cannabis Rescheduling: A New Era for Banking and Capital Markets

By / September 17, 2024 /

Federal Rescheduling: What It Could Mean for Cannabis Banking and Capital Markets As cannabis rescheduling progresses, discussions about its implications for banking and capital markets have gained momentum. Pablo Zuanic,…

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Trump’s High-Stakes Bet: The Surprising Cannabis Gamble

Trump’s High-Stakes Bet: The Surprising Cannabis Gamble

By / September 17, 2024 /

Trump’s Pro-Cannabis Shift: A Strategy to Attract Key Democratic Voters? Donald Trump, known for abstaining from alcohol, is turning to cannabis as a potential electoral asset in 2024. Recently, the…

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Nixon Secretly Admitted Cannabis Isn't Dangerous, New Tapes Show

Nixon Secretly Admitted Cannabis Isn’t Dangerous, New Tapes Show

By / September 16, 2024 /

Richard Nixon Secretly Admitted Cannabis Is ‘Not Particularly Dangerous’ Two years after launching the War on Drugs and labeling substance use as “public enemy No. 1,” President Richard Nixon privately…

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1 in 4 Older Michiganders Now Use Cannabis as Stigma Fades

1 in 4 Older Michiganders Now Use Cannabis as Stigma Fades

By / September 16, 2024 /

Older Michiganders Embrace Cannabis, but Some Face Risks of Dependence As cannabis becomes increasingly popular among Michiganders aged 50 and older, its use for relaxation, pain relief, and mental health…

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Michigan Cannabis Sales Surge as Ohio Enters Cannabis Market

Michigan Cannabis Sales Surge as Ohio Enters Cannabis Market

By / September 16, 2024 /

Ohio’s Legal Cannabis Sales Begin, but Michigan’s Cannabis Market Remains Strong As recreational marijuana sales began in Ohio last month, the cannabis industry in Michigan wondered how this new market…

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Six U.S. States Set New Cannabis Sales Records This Month

Six U.S. States Set New Cannabis Sales Records This Month

By / September 16, 2024 /

Six U.S. States Report Record-Setting Cannabis Sales in August August 2024 — Officials in Connecticut, Maine, Maryland, Michigan, Missouri, and New York have reported hitting their highest-ever monthly marijuana sales…

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DEA's Progress on Cannabis Rescheduling: An Update

DEA’s Progress on Cannabis Rescheduling: An Update

By / September 12, 2024 /

DEA Moves Forward with Cannabis Rescheduling Amid Public Comment and Legal Challenges As readers of this column know, earlier this year the Drug Enforcement Administration (DEA) finally acted on President…

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Volkswagen Explores Hemp Materials for Sustainable Cars

Volkswagen Explores Hemp Materials for Sustainable Cars

By / September 11, 2024 /

Hemp’s Long History: From Ancient Uses to Modern Prohibition For centuries, the hemp plant has played a crucial role in human history. It has been cultivated for a wide variety…

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Smoky Dispensary Launches Cannabis Sales in Cherokee Territory

Smoky Dispensary Launches Cannabis Sales in Cherokee Territory

By / September 11, 2024 /

North Carolina’s First Recreational Marijuana Sales Kick Off on Eastern Band of Cherokee Indians Land, Drawing Crowds While State Laws Remain Unchanged In a historic event for North Carolina, the…

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Trio Confess Involvement in £1M Stevenston Cannabis Operation

Trio Confess Involvement in £1M Stevenston Cannabis Operation

By / September 11, 2024 /

Three Albanian Men Plead Guilty to Drugs Production After £1 Million Cannabis Factory Raid in Stevenston Three Albanian men have pleaded guilty to producing cannabis following a major police raid…

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