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Southwest Michigan hits high point in Marijuana tax revenue
Business & Finance
Southwest Michigan hits high point in Marijuana tax revenue Image Cannabis NewsMarch 21, 2024 Berrien County gets $1,2 million in 2023 from eligible licenses. Southwest Michigan municipalities and counties where marijuana was sold in 2023 received more than $4.6 million in marijuana tax revenue. That’s up from the $3.5 million they received the pre
Fat Joe discusses marijuana laws with Kamala Harris: Unpacking the inequities
Business & Finance
Fat Joe discusses marijuana laws with Kamala Harris: Unpacking the inequities Image Cannabis NewsMarch 21, 2024 When the VP calls me, I stop everything. In an unprecedented meeting of hip-hop and politics, Fat Joe and Vice President Kamala Harris recently convened to tackle the contentious issue of marijuana possession laws. On Friday, March 15, th
FDA says Marijuana has a legitimate medicinal purpose
Business & Finance
FDA says Marijuana has a legitimate medicinal purpose Image Cannabis NewsMarch 21, 2024 As a Schedule 1 drug, marijuana is currently in the same category as some of the hardest drugs, like heroin and LSD. The FDA released a report saying that marijuana does have a legitimate use for medical purposes and recommended the US Drug Enforcement Agency to
Medical Marijuana testing facility opens in Rapid City
Business & Finance
Medical Marijuana testing facility opens in Rapid City Image Cannabis NewsMarch 20, 2024 Western South Dakota's first medical marijuana testing facility is opening in Rapid City. Triverty Analytical will conduct compliance testing for the state’s cannabis industry, to test the potency of medical marijuana and to scan for contaminants like pesticide
Kansas bill pushes pilot program for Medical Cannabis
Business & Finance
Kansas bill pushes pilot program for Medical Cannabis Image Cannabis NewsMarch 20, 2024 After numerous failed attempts to make marijuana legal in Kansas, a new effort is underway. Kansas Natural Remedies harvests hemp plants in the state. While hemp and marijuana plants are the same species, due to the low amount of THC in hemp, it does not classif
NY’s quarterly tax payments for Cannabis businesses ‘threatens the viability’ of all operators
Business & Finance
NY’s quarterly tax payments for Cannabis businesses ‘threatens the viability’ of all operators Image Cannabis NewsMarch 20, 2024 Urgent Need for Reform: New York's Cannabis Tax Payment System. As the April 1 state budget deadline looms in Albany, all cannabis tax discussions have been on the THC potency tax repeal-and-replace proposals. We are than
Legal Marijuana in other states hurts livelihood of California growers
Business & Finance
Legal Marijuana in other states hurts livelihood of California growers Image Cannabis NewsMarch 19, 2024 While marijuana is associated with millions in tax revenue, it has not led to growth in the communities that first brought pot to popularity. Tax dollars have always been seen as one of the best parts of marijuana legalization. In a three-county
How the United States became a major supplier of Weed to Ireland
Business & Finance
How the United States became a major supplier of Weed to Ireland Image Cannabis NewsMarch 18, 2024 Irish gangs are sourcing cannabis from American suppliers after its legalisation in 24 states. Drug trafficking is rapidly evolving in terms of both smuggling methods and money-laundering America has become a significant source of cannabis being smugg
Combined Medical And Adult-Use Cannabis Sales In Colorado Reach $115.4M In January
Business & Finance
Combined Medical And Adult-Use Cannabis Sales In Colorado Reach $115.4M In January Image Cannabis NewsMarch 18, 2024 Colorado Cannabis Sales Hold Steady in January, Year-Over-Year Decline Continues. January cannabis sales in Colorado came in flat compared to December, according to data released by the Colorado Department of Revenue. Combined medica
More funding needed for New York’s Cannabis social equity entrepreneurs
Business & Finance
More funding needed for New York’s Cannabis social equity entrepreneurs Image Cannabis NewsMarch 18, 2024 Challenges and Calls for Equity in New York's Cannabis Industry. In 2023, some 6,900 New Yorkers applied for adult-use recreational licenses, competing for approximately 900 to 1,500 licenses expected to be issued by the NYS Office of Cannabis
Lansing Marijuana business loses licenses over 'illicit' products
Business & Finance
Lansing Marijuana business loses licenses over 'illicit' products Image Cannabis NewsMarch 18, 2024 Michigan Marijuana Business Surrenders Licenses for Mixing Legal and Illicit Products. The Michigan Cannabis Regulatory Agency Thursday announced that a Lansing marijuana business would surrender its medical and adult-use processor licenses because i
Flipping the script: Cannabis lawyer turns Cannabis entrepreneur
Business & Finance
Flipping the script: Cannabis lawyer turns Cannabis entrepreneur Image Cannabis NewsMarch 15, 2024 From Lawyer to Cannabis Entrepreneur: Blake Mensing's Career Shift in Massachusetts. When Massachusetts voters passed a ballot initiative legalizing recreational marijuana in 2016, it opened the door for Blake M. Mensing to establish what would turn o
California Cannabis tax collections are down 20% over two years
Business & Finance
California Cannabis tax collections are down 20% over two years Image Cannabis NewsMarch 15, 2024 Debate Over California's Cannabis Taxes Intensifies as Groups Clash Over Raising Rates. California’s cannabis taxes have long been attacked for being unsustainably high, to the point that even state Attorney General Rob Bonta has called for lowering th
New Buffalo Township pausing new Marijuana dispensary applications
Business & Finance
New Buffalo Township pausing new Marijuana dispensary applications Image Cannabis NewsMarch 15, 2024 New Buffalo Township Puts Pause on Marijuana Dispensary Considerations Amid Surge in License Applications. New Buffalo Township is putting a pause on considering more marijuana dispensaries... after already getting 35 license applications. Currently
CBD startups see opportunity in Georgia’s hazy Cannabis Laws
Business & Finance
CBD startups see opportunity in Georgia’s hazy Cannabis Laws Image Cannabis NewsMarch 15, 2024 Recreational cannabis-based goods try to capture a market that’s still adjusting to legal hemp products. It wasn’t a typical product launch party. Hundreds of guests gathered last weekend at a swanky rooftop lounge in downtown Atlanta to sample drinks, wa
Delta-8 THC Is Getting Popular Among Teens At School
Business & Finance
Delta-8 THC Is Getting Popular Among Teens At School Image Cannabis NewsMarch 15, 2024 The use of Delta-8 THC is becoming significant among high school students, according to a new national survey. The findings published this week in the Journal of the American Medical Association (JAMA) reveal that 11.4% of high school students used delta-8 THC in

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