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Smoker Sesh App Wins Cannabis Start-Up Competition at Boston University
Business & Finance
Smoker Sesh App Wins Cannabis Start-Up Competition at Boston University Image Cannabis NewsNovember 15, 2023 Boston University’s Cannabis Start-Up Competition is finding the next game-changing start-up. In last week’s seventh annual Cannabis Start-Up Competition at Boston University (BU) in Massachusetts, on the same night Ohio became the 24th stat
Maine Marijuana stakeholders join forces: 'We want this industry to succeed'
Business & Finance
Maine Marijuana stakeholders join forces: 'We want this industry to succeed' Image Cannabis NewsNovember 14, 2023 There is a new and unusual union in the state of Maine, and its officers and members recently held their first meeting in Sanford. Since unions are common – for firefighters, teachers, electrical workers, and more have them – you might
Pro-Cannabis alliance hires first firm as reform momentum builds
Business & Finance
Pro-Cannabis alliance hires first firm as reform momentum builds Image Cannabis NewsNovember 14, 2023 The Cannabis Freedom Alliance has hired its first lobbying firm, the Bose Public Affairs Group, to work on issues related to marijuana reform. The coalition, which includes the Koch-backed Americans for Prosperity and the R Street Institute, aims t
Farm Bill Sees One-Year Extension
Business & Finance
Farm Bill Sees One-Year Extension Image Cannabis NewsNovember 14, 2023 The House of Republicans has agreed on a stopgap funding bill that will see a one-year extension to the 2018 Farm Bill. In October, Senator John Boozman warned that the renewal of the 2018 Farm Bill may not be achieved by the end-of-year deadline and proposed an extension of one
NYC Bank Funds Over 50 Illegal Chinese Marijuana Grow Houses in Rural Maine
Business & Finance
NYC Bank Funds Over 50 Illegal Chinese Marijuana Grow Houses in Rural Maine Image Cannabis NewsNovember 14, 2023 Asian transnational criminal organizations operate more than 270 illegal marijuana cultivation sites in Maine, according to a leaked US Department of Homeland Security memo. An investigation by the Maine Wire has identified more than 100
Newmarket gets its first-ever Cannabis Store, despite town's ban
Business & Finance
Newmarket gets its first-ever Cannabis Store, despite town's ban Image Cannabis NewsNovember 13, 2023 Store opens in defiance of the Town of Newmarket opting out of retail cannabis outlets, police investigating. Newmarket now has its first-ever retail cannabis location, but authorities say it is operating illegally. Newmarket Smokes Out opened at t
Five years after adult-use dispensaries opened, Massachusetts Cannabis Businesses have more banking options
Business & Finance
Five years after adult-use dispensaries opened, Massachusetts Cannabis Businesses have more banking options Image Cannabis NewsNovember 13, 2023 After a ballot initiative to legalize medical marijuana was approved by Massachusetts voters in the 2012 election, finding a bank that was willing to provide services to a cannabis business was a bit like
Canopy Delivers Third Consecutive Quarter of Revenue Growth
Business & Finance
Canopy Delivers Third Consecutive Quarter of Revenue Growth Image Cannabis NewsNovember 13, 2023 Canopy Growth has announced its financial results for Q2 2024, showing it has delivered its third consecutive quarter of organic revenue growth. Canopy Growth’s second quarter has seen impressive revenue growth, bolstered gross margins, and a strategic
New York Senators say they now know what’s wrong with the state’s Cannabis Industry. What will they do next?
Business & Finance
New York Senators say they now know what’s wrong with the state’s Cannabis Industry. What will they do next? Image Cannabis NewsNovember 13, 2023 New York State Senate Subcommittee on Cannabis Reevaluates Enforcement and Social Equity Investment Fund Amid Slow Market Rollout. After hearing from state cannabis regulators, law enforcement leaders and
CBD industry faces ‘existential crisis’
Business & Finance
CBD industry faces ‘existential crisis’ Image Cannabis NewsNovember 13, 2023 Bethany Gomez, managing director of the Brightfield Group, spoke with NutraIngredients-USA about the difficulties the cannabidiol industry is experiencing when it comes to defining itself. “The CBD industry is always in motion. It's always changing, moving, fluctuating. Ri
Dozens of Cannabis Startups are struggling to get fully licensed
Business & Finance
Dozens of Cannabis Startups are struggling to get fully licensed Image Cannabis NewsNovember 13, 2023 As adult-use cannabis dispensaries continue to open across Connecticut, other types of marijuana businesses have been slow to begin operations. As of Nov. 1, 55 cannabis companies had licenses pending, according to the state’s online licensing data
Oklahoma begins process of shutting down 165 medical marijuana grow facilities
Business & Finance
Oklahoma begins process of shutting down 165 medical marijuana grow facilities Image Cannabis NewsNovember 10, 2023 The Oklahoma Medical Marijuana Authority (OMMA) is seeking to revoke the licenses of 165 grow facilities in the state for failing to post signage on their property. Senate Bill 1737 took effect a year ago, and it requires commercial g
Trees Corp Scraps merger with 420 Investments
Business & Finance
Trees Corp Scraps merger with 420 Investments Image Cannabis NewsNovember 8, 2023 Canadian cannabis company Trees this week announced that its scheduled merger with 420 Investments, announced in July this year, has now been ‘unilaterally terminated’. The pair announced the news in a short press release earlier this week, but offered little insight
Ohio becomes 24th state to embrace Weed Legalization
Business & Finance
Ohio becomes 24th state to embrace Weed Legalization Image Cannabis NewsNovember 8, 2023 There are now 24 states in the country where weed use is allowed for adults. Ohio voters comfortably approved a marijuana legalization referendum on the ballot Tuesday. The vote makes Ohio the 24th state in the U.S. to legalize adult-use marijuana and furthers
Broadway citizens voting on ballot measure that would ban Marijuana
Business & Finance
Broadway citizens voting on ballot measure that would ban Marijuana Image Cannabis NewsNovember 7, 2023 Residents in Broadview will vote on an ordinance that would ban marijuana sales in the city limits. From January of 2022, when adult-use sales began through August of this year, the Montana has seen more than 516 million dollars in total sales. T
Beaches act first as Delaware towns consider Marijuana regulations before stores arrive
Business & Finance
Beaches act first as Delaware towns consider Marijuana regulations before stores arrive Image Cannabis NewsNovember 7, 2023 Delaware legislators spent years debating whether to permit recreational marijuana use and create a regulated industry in the state. After Gov. John Carney stood down his opposition in April allowing legalization bills to pass

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