Business

Missouri Cannabis Revenue Allocates $15 Million to Key Beneficiaries

By / May 30, 2024 /

Missouri’s thriving cannabis industry has generated significant revenue, leading to a substantial $15 million being allocated to three primary beneficiaries. This funding aims to support key programs and services that…

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Monitoring the Evolving Business Landscape of Weed

By / May 29, 2024 /

The Massachusetts Cannabis Control Commission (CCC) recently shared that the state collected $1.8 billion in cannabis sales during 2023. This figure reflects a combined total of recreational cannabis sales ($1.56…

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Martha’s Vineyard Dispensary Sues for Right to Deliver Cannabis from Mainland Massachusetts

By / May 29, 2024 /

Martha’s Vineyard, an island off the coast of Massachusetts, is renowned for its 23 miles of scenic hills and beaches. It’s a popular destination for summer vacationers, known for its…

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The Impact of Marijuana Reclassification on Banking Services for Businesses

By / May 29, 2024 /

The Department of Justice’s move to reclassify marijuana as a less dangerous drug, on which it began formal proceedings on May 16, will not legalize state-level adult use and medical…

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Agrify Regains Nasdaq Compliance: A Milestone for the Cannabis Tech Firm

By / May 29, 2024 /

Cannabis technology firm Agrify announced that it has regained compliance with Nasdaq’s stock listing rules following the conversion of $13.8 million of debt to equity. “The $13.8 million debt-to-equity conversion…

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Data Reveals Increase in Native American Tribal Cannabis Business Owners

By / May 29, 2024 /

25% Increase in Tribally Owned Cannabis Retailers Since January 2023, we’ve witnessed a 25% increase in tribally owned retailers throughout the country, with budding markets like Minnesota potentially offering more…

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Goodness Growth Pursues $860M Claim After Terminated Cannabis Merger

By / May 29, 2024 /

In the wake of a failed merger that would have created one of the largest operators in the cannabis market, one party is seeking a significant amount in damages. Goodness…

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Understanding THCA: Why the DEA Doesn’t Consider It Legal Hemp

By / May 29, 2024 /

On May 13, the US Drug Enforcement Agency (DEA) sent a letter explaining why tetrahydrocannabinolic acid (THCA) doesn’t meet the definition of legal hemp. This letter was addressed to Shane…

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U.S. Drug Policy Director Addresses Cannabis Rescheduling Impact

By / May 29, 2024 /

Dr. Rahul Gupta, the Director of the Office of National Drug Policy (ONDCP) and President Joe Biden’s appointed “drug czar,” recently commented on the ongoing discussion of rescheduling cannabis. In…

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Kowloon Partners with Cannabis Beverage Brand to Launch Mai Tai Seltzer

By / May 29, 2024 /

LEVIA, a cannabis beverage brand based in Massachusetts, is partnering with Kowloon Restaurant to debut a limited-edition seltzer. AYR Wellness, LEVIA’s parent company, announced this collaboration on Tuesday. The Mai…

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Jelly Roll’s Journey: Cannabis as a Path to Sobriety

By / May 28, 2024 /

In a recent interview with Taste of Country, singer Jelly Roll opened up about his journey to sobriety and how marijuana has played a pivotal role in his recovery. Finding…

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Legendary Partnership: Bob Marley Family Teams Up with Company for Exclusive Cannabis Offering

By / May 28, 2024 /

JAMAICA (WKRC) – In a groundbreaking collaboration, cannabis company Jeeter has teamed up with the family of legendary musician Bob Marley to introduce a unique cannabis line. This special release…

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