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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
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
Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse Image Cannabis NewsJuly 6, 2023 MedMen appoints Ellen Deutsch as CEO in Last-Ditch effort to salvage company amid impending financial collapse. Cannabis firm MedMen announced Wednesday its fifth CEO since 2020 with the appointment of Ellen Deutsch, who will b
From $3k to $15k: the remarkable journey of ASX Cannabis Stock Image Cannabis NewsJuly 5, 2023 Investing in the cannabis industry has been a rollercoaster ride for many, but ASX cannabis stocks, including Incannex (ASX: IHL), have showcased remarkable growth potential in recent years. Incannex, a biopharmaceutical company specializing in cannabis-b
CBD promises health benefits without the Buzz Image Cannabis NewsJuly 5, 2023 Since Ohio legalized CBD in 2019, there has been a significant decrease in farming and producing medical hemp but an increase in the quality of CBD products and distribution. CBD – cannabidiol – is derived from medical hemp, which is a cannabis sativa plant with less than
Oklahoma Medical Cannabis firms file suit to block fee increases Image Cannabis NewsJuly 5, 2023 A group of Oklahoma cannabis advocates has challenged new higher fees assessed on the state’s medical marijuana providers. An Oklahoma cannabis activist has joined forces with three of the state’s medical marijuana providers to file a lawsuit against in
Scientists identify viroid-resistant Purple Cannabis Strain Image Cannabis NewsJuly 5, 2023 A strain of cannabis appears to be resistant to HLVd, and turns purple as it fights the viroid. While humans battle COVID, cannabis plants face an equally devastating threat: Hop latent viroid (HLVd), a viroid that occurs worldwide in hops, but in recent yea
Zelensky urges Ukraine’s parliament to legalize Medical Cannabis Image Cannabis NewsJuly 5, 2023 Ukraine's President Volodymyr Zelensky calls MPs to speed the process to legalize medical cannabis amid the war against Russia’s invasion. In a speech in front of the Verkhovna Rada, the unicameral Parliament of Ukraine, on the occasion of Constitution
Ohio has plenty of Medical Pot but not enough buyers Image Cannabis NewsJuly 5, 2023 Ohio has plenty of medical marijuana but not enough people buying it. Levels of marijuana flower ready for sale as well as bulk flower held by suppliers — bulk material could be sold as flower or processed into other products — have each about doubled in the year b
What does ‘Plan B’ mean for the German Cannabis industry? Image Cannabis NewsJuly 4, 2023 The International Cannabis Business Conference (ICBC) Berlin 2023 returned to the Estrel Berlin Hotel last week, welcoming thousands of guests, speakers and exhibitors. Coming just weeks after the German government announced a major shift in its plans to launc
12-story ‘Hempcrete’ hotel will be the world’s highest building made with Cannabis Image Cannabis NewsJuly 4, 2023 The Hemp Hotel, scheduled to open in Cape Town, South Africa, is being touted as the world’s tallest building made with industrial hemp — a material with great potential for Earth-conscious construction. At 12 stories tall, the 54-room
DeSantis launches anti-Marijuana crusade Image Cannabis NewsJuly 4, 2023 The pot prohibitionists may be losing the wider war, but they haven’t given up launching quixotic battles. Florida Governor Ron DeSantis (R), an ultra-conservative culture warrior and 2024 Republican presidential candidate, recently made moves that stunned marijuana advocates
Petition filed in Oklahoma calling for end to higher Cannabis fees Image Cannabis NewsJuly 4, 2023 A number of cannabis organisations have launched a petition calling for the state’s Supreme Court to repeal House Bill 2179 which implemented a tiered licensing system for growers and processors. The law came into effect on June 1. Oaklahomans for Res
Cannabis and the second amendment: a word of warning Image Cannabis NewsJuly 4, 2023 Cannabis users, friends, please stop compromising your freedom by advertising your guns on social media. The ATF released clarification on May 30 to firearm owners after the passage of cannabis legalization in Minnesota, reminding them that until federal law change
Skittles settles with Cannabis Company over trademark Image Cannabis NewsJuly 4, 2023 Wrigley, the maker of multi-coloured fruit-flavoured Skittles candies, has settled a lawsuit accusing a seller of cannabis-related merchandise of trademark infringement for marketing products under the "ZKITTLEZ" name. Under a proposed permanent injunction filed o
What will Baltimore do with millions in Cannabis reparation funds? Image Cannabis NewsJuly 3, 2023 What will Baltimore spend cannabis community reinvestment funds on? We won’t know until 2024. Our nonprofit news organization is made possible by subscribers and donors who value storytelling that impacts and uplifts communities. Thank you for support
