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Leaders vote to stop new Medical Marijuana dispensaries to set up shop in West Palm Beach
Business & Finance
Leaders vote to stop new Medical Marijuana dispensaries to set up shop in West Palm Beach Image Cannabis NewsJuly 11, 2023 West Palm Beach Mayor Keith James cast the tie-breaking vote on a final motion to prohibit new medical marijuana dispensaries to open and operate in the city limits during Monday night’s meeting. In a 3-to-2 vote, the city comm
Dispensary challenges Rhode Island Cannabis law
Business & Finance
Dispensary challenges Rhode Island Cannabis law Image Cannabis NewsJuly 11, 2023 A Rhode Island cannabis dispensary is challenging the state's legalization law. The Boston Globe reported that Greenleaf Compassionate Care Center in Portsmouth is fighting the requirement that retailers must enter into labor agreements to sell recreational cannabis. W
Cannabis Legalization Bill put forward in Pennsylvania
Business & Finance
Cannabis Legalization Bill put forward in Pennsylvania Image Cannabis NewsJuly 11, 2023 Senate Bill 846 has been introduced in Pennsylvania which aims to legaise cannabis in a bis to generate tax revenue and create new jobs. The bill – introduced by Sens. Dan Laughlin (R-49) and Sharif Street (D-3) – addresses safety by setting the minimum cannabis
Kentucky’s Hemp industry is beginning to struggle
Business & Finance
Kentucky’s Hemp industry is beginning to struggle Image Cannabis NewsJuly 11, 2023 LEXINGTON - The hemp industry in Kentucky was said to be the replacement for tobacco, but it failed to meet expectations. The industry is struggling, and candidates for Kentucky Agriculture Commissioner agree that it is not in good shape. “I hope that there is a way
Arkansas Medical Marijuana sales hit record $141M in first 6 months of 2023
Business & Finance
Arkansas Medical Marijuana sales hit record $141M in first 6 months of 2023 Image Cannabis NewsJuly 11, 2023 Medical marijuana sales broke a record in the first six months of 2023, showing a progressive increase in the popularity of cannabis since the first dispensary opened four years ago. From January to June of 2023, Arkansans spent $141 million
Cannabis Companies quietly downsizing
Business & Finance
Cannabis Companies quietly downsizing Image Cannabis NewsJuly 11, 2023 4Front and Trulieve both disclosed declines in staffing for June. Despite a quieting of headline-making layoffs in the cannabis industry over the past year, the industry continues to face challenges ranging from a robust illicit market to the lack of any progress on federal legi
Unpaid regulatory fees in Canada jump 225%
Business & Finance
Unpaid regulatory fees in Canada jump 225% Image Cannabis NewsJuly 10, 2023 Canada has seen a dramatic increase in the amount of unpaid regulatory fees owed by cannabis companies to the federal government over the last year. According to Health Canada figures published by MJBizDaily, in the fiscal year 2022-2023 overdue fees jumped by 225% from C$1
Montana’s Senate election complicates Cannabis legislation
Business & Finance
Montana’s Senate election complicates Cannabis legislation Image Cannabis NewsJuly 10, 2023 Democrats are accusing Republicans of playing politics with a package of veterans bills spearheaded by Montana Senator Jon Tester. The road for veterans’ cannabis research — and potentially control of the Senate — runs through Montana. Sen. Jon Tester (D-Mon
As more states legalize Pot, their uneven safety rules can pose a risk
Business & Finance
As more states legalize Pot, their uneven safety rules can pose a risk Image Cannabis NewsJuly 10, 2023 Tests for marijuana potency and contamination vary across state lines. Amid the growing acceptance and legalization of cannabis use across the country, a concerning reality has emerged: The state-by-state patchwork of safety regulations can leave
Ayr Wellness, well-known Cannabis advocates team to launch brand
Business & Finance
Ayr Wellness, well-known Cannabis advocates team to launch brand Image Cannabis NewsJuly 10, 2023 Ayr Wellness partners with Cannabis advocates Stanley Okoro and Brendon Robinson. Multistate operator Ayr Wellness is teaming up with well-known cannabis advocates Stanley Okoro and Brendon Robinson for the launch of a brand that’ll help support the li
Cannabis now and where it goes next
Business & Finance
Cannabis now and where it goes next Image Cannabis NewsJuly 10, 2023 Cannabis sales in the US are continuing their run of impressive growth. Sales hit $30 billion in 2022, and by New Frontier Data’s account they will reach between $58 billion and $70 billion by 2030 depending on the pace of legal reform. Legal cannabis is still expanding its geogra
Houston distillery is making Texas’s first Hemp seed vodka
Business & Finance
Houston distillery is making Texas’s first Hemp seed vodka Image Cannabis NewsJuly 7, 2023 Highway Vodka is rich and flavorful - unlike your typical vodka. Vodka often goes one of two routes. Either it’s bland and boring, or it’s loaded with artificial flavors and arguably unfit for consumption (you’ll never convince me that raspberry vodka is mark
Moxie launches in Ohio
Business & Finance
Moxie launches in Ohio Image Cannabis NewsJuly 7, 2023 Moxie, a pioneer in the world of cannabis concentrates, has officially launched its medical products in The Buckeye State. Moxie, California’s first licensed cannabis brand, has launched its premium medical cannabis products in Ohio. Moxie is one of the original, premium California-based brands
Overcoming challenges as a woman CEO in the Cannabis Industry
Business & Finance
Overcoming challenges as a woman CEO in the Cannabis Industry Image Cannabis NewsJuly 7, 2023 Exploring the challenges and strategies to overcome bias is essential to fostering a more diverse and inclusive cannabis industry. THE CANNABIS INDUSTRY has experienced remarkable growth and transformation in recent years, attracting entrepreneurs and inve
Weed sales in decline in largest drop since legalization
Business & Finance
Weed sales in decline in largest drop since legalization Image Cannabis NewsJuly 6, 2023 Denver reported a 22% decline in marijuana sales from 2021 to 2022 as weed sales cool across the state. DENVER — Denver's weed sales are coming down from a high – and they're coming down fast. A new report from the City and County of Denver shows a 22% decline
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization
Business & Finance
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization Image Cannabis NewsJuly 6, 2023 BALTIMORE - Days after recreational cannabis became legal in Maryland, dispensaries across the state continue to see record sales. The Maryland Cannabis Administration reported $10.4 million in sales over the Fourth o

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