Business

Minnesota’s First Year of Hemp Sales Brings in Nearly $10M

By / July 8, 2024 /

Minnesota’s Hemp Industry: A $130 Million Business in Its First Year of Tax Collections Nearly a year into collecting taxes from Minnesota’s burgeoning hemp industry, new data reveals that the…

Potential Tax Deductions for Cannabis Companies Without 280E

By / July 5, 2024 /

Potential Rescheduling of Cannabis Could Revolutionize Industry Finances The cannabis industry has long been constrained by Section 280E of the Internal Revenue Code, which prohibits companies dealing with substances classified…

4Front Appoints Co-Founder Krane as Board Chair

By / July 5, 2024 /

Leadership Transition at 4Front Ventures Arizona-based 4Front Ventures, a vertically integrated cannabis multistate operator, has announced the promotion of Kris Krane to the position of board chair. Krane succeeds Robert…

Eight Iowa Companies Sue State Over Hemp Cannabinoids Law

By / July 5, 2024 /

Second Group of Companies Sues Iowa Over New Hemp Law Limiting THC Levels A second group of companies is suing the State of Iowa over a new hemp law that…

Controversy Erupts Over Bill to Regulate Hemp Industry

By / July 5, 2024 /

New Bill on Governor Murphy’s Desk Could Transform New Jersey’s Hemp Market Big changes may be on the horizon for New Jersey’s hemp market. A bill currently awaiting Governor Phil…

Ex-Trooper Turned Cannabis Grower Seeks Action on Fake Weed

By / July 5, 2024 /

Former Highway Patrol Leader Says Cannabis Posing as Hemp Breaks Existing Laws Alan Welsh wasn’t just any cop; he was a significant figure in law enforcement. After an illustrious career…

New Law Permits Breweries to Sell Hemp THC-Infused Drinks

By / July 5, 2024 /

Headflyer Brewing in Northeast Minneapolis Now Serving Hemp-Derived THC-Infused Drinks on Tap In an exciting development for cannabis enthusiasts, Headflyer Brewing in northeast Minneapolis is now serving hemp-derived, THC-infused drinks…

Silly Nice Cannabis Lights Up 47 New York Cities This 4th of July

By / July 3, 2024 /

As the 4th of July Approaches, Silly Nice Cannabis Products Light Up New York As the 4th of July approaches, residents of New York are gearing up to celebrate with…

Maryland Hits $1.1 Billion in First Year of Legal Cannabis Sales

By / July 3, 2024 /

Maryland’s Adult-Use Cannabis Market Surpasses $1.1 Billion in Sales Since Maryland’s adult-use cannabis market launched in July of last year for sales, licensed retailers have sold more than $1.1 billion…

California’s Cannabis Sales Slump Bypasses Certain Areas

By / July 3, 2024 /

While Overall Cannabis Sales Have Been Falling in California, Some Areas are Breaking the Trend by Growing Transaction Dollars While overall cannabis sales have been declining in California since early…

Exploring the Link: Can Cannabis Use Lower Diabetes Risk?

By / July 3, 2024 /

The Complex Connection: How Cannabis Could Impact Diabetes and Overall Health Cannabis users may have a “healthier inflammatory cytokine profile, better insulin sensitivity, and higher levels of physical activity than…

Court Denies New Bid to Dismiss Medical Cannabis Case

By / July 3, 2024 /

The Most Meaningful Action Taken by Anderson Was to Deny the AMCC’s Motion to Dismiss the Lawsuit Some drastic options were on the table for consideration Tuesday in the court…