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Mexican President Says Country Won’t Combat Cartels on Orders From U.S.

Mexican President Says Country Won’t Combat Cartels on Orders From U.S.

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Cannabis NewsMarch 27, 2024

Mexico's President Asserts Sovereignty, Rejects US Drug Policy Interference. The president of Mexico issued a defiant message to the United States last week, saying that the country will not fight the powerful drug cartels on the orders from his neighbor to the north. At a conference last week

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Cops forced to return $800,000 in Pot after controversial raid

Cops forced to return $800,000 in Pot after controversial raid

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Cannabis NewsMarch 27, 2024

California Police Forced to Return Seized Cannabis in Legal Battle with Distributor. American police have been seizing cannabis for decades, but the tables were turned last week, when law enforcement in a California city was forced to return hundreds of pounds of cannabis to a pot distributor. Costa

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Switzerland Shares First Data on ‘ZüriCan’ Adult-Use Cannabis Pilot Study

Switzerland Shares First Data on ‘ZüriCan’ Adult-Use Cannabis Pilot Study

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Cannabis NewsMarch 26, 2024

Switzerland's Adult-Use Cannabis Pilot Program Reveals Early Consumer Trends and Insights. The adult-use cannabis pilot program in Switzerland is alive and well, and the country has shared its first batch of initial insights surrounding consumer trends, product sales and more. European countries are

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From Glitzy Pioneer to Teetering Giant: The Rise and Fall of MedMen in California's Cannabis Market

From Glitzy Pioneer to Teetering Giant: The Rise and Fall of MedMen in California's Cannabis Market

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Cannabis NewsMarch 26, 2024

MedMen: The Highs and Lows of a Cannabis Industry Pioneer. In the summer of 2018, MedMen opened a boutique cannabis dispensary on Abbot Kinney Boulevard in Venice — “the coolest block in America,” as the company hyped in a press release at the time. With natural light pouring through floor-to

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2024 U.S. Cannabis Sales Projected To Exceed $31 Billion

2024 U.S. Cannabis Sales Projected To Exceed $31 Billion

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Cannabis NewsMarch 26, 2024

Sales of legal weed in the United States are expected to top $31 billion this year, according to a new economic projection. Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast from a firm specializing in cannabis and

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Nebraska Bill Aims To Increase Taxes on CBD, Hemp Products by 100%

Nebraska Bill Aims To Increase Taxes on CBD, Hemp Products by 100%

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Cannabis NewsMarch 26, 2024

Nebraska legislators will soon debate one of the largest tax increases in its history. A recent property tax relief bill in Nebraska is seeking to create new income opportunities for the state, including a variety of sales tax exemptions. This includes adding sales taxes for products like candy and

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Biden, at risk with young voters, is racing to shift Marijuana policy

Biden, at risk with young voters, is racing to shift Marijuana policy

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Cannabis NewsMarch 26, 2024

Biden Administration's Incremental Approach to Cannabis Reform Sparks Debate and Hope. Vice President Kamala Harris looked up from prepared remarks in the White House’s ornate Roosevelt Room this month to make sure the reporters in the room could hear her clearly: “Nobody should have to go to jail

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Backlash to D.C. Marijuana shops moves into the Palisades

Backlash to D.C. Marijuana shops moves into the Palisades

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Cannabis NewsMarch 26, 2024

DC's new medical marijuana rules are being tested with the proliferation of new shops, including one in the Palisades neighborhood. Why it matters: The shop, which wants to create a "higher-end safe retail space" for medical marijuana, is the latest proposed cannabis business to face backlash due to

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Hyperspectral imaging and machine learning classify Medical Cannabis

Hyperspectral imaging and machine learning classify Medical Cannabis

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Cannabis NewsMarch 26, 2024

University of the Basque Country project assists control of cannabis production. Growing acceptance of medical cannabis has led to a worldwide increase in production of the plant, but some of the associated legal and regulatory framework has not kept pace. According to a project at the University of

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Woman who accidentally gave out Cannabis edibles to trick-or-treaters sentenced to $5K in fines

Woman who accidentally gave out Cannabis edibles to trick-or-treaters sentenced to $5K in fines

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Cannabis NewsMarch 26, 2024

Tammy Sigurdur previously pleaded guilty to handing out THC-laced candy to kids in 2022. A woman who accidentally put cannabis candies in bags to hand out on Halloween after running out of loot for trick-or-treaters in 2022 broke down crying in a Winnipeg courtroom on Monday, as a judge asked her to

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Harley-Davidson Pivots to Hemp in Electric Vehicle Division’s Sustainability Push

Harley-Davidson Pivots to Hemp in Electric Vehicle Division’s Sustainability Push

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Cannabis NewsMarch 26, 2024

LiveWire, the Harley-Davidson electric vehicle division, released a new cruiser with parts made from hemp. What’s the most unique aspect of the recently unveiled S2 Mulholland electric performance cruiser released by LiveWire, Harley-Davidson’s electric division? Some of its major components are

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Drug agents fighting back against Chinese organized crime linked to illegal marijuana industry

Drug agents fighting back against Chinese organized crime linked to illegal marijuana industry

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Cannabis NewsMarch 26, 2024

Oklahoma Bureau of Narcotics (OBN) is cracking down on international crime tied to the illegal medical marijuana industry. As first reported in The Frontier, Chinese organized crime is dominating the market. The investigative report points to gangsters from the far-east as being the driving force in

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New Cannabis 'Gifting' Shops in the Neighborhood Spark Regulatory Discussions

New Cannabis 'Gifting' Shops in the Neighborhood Spark Regulatory Discussions

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Cannabis NewsMarch 25, 2024

At least one cannabis gifting shop is opening in the neighbourhood. Canna Art, which placed its sign above the door at 5008 Connecticut Avenue last November, had an artist adorn the walls inside. And on March 12th, a sign posted at the former Wells Fargo at 4302 Connecticut indicated a gifting shop

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Hermiston council to consider Cannabis licenses

Hermiston council to consider Cannabis licenses

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Cannabis NewsMarch 25, 2024

Hermiston City Council Considers Marijuana Measure and Commercial Naming Rights. The Hermiston City Council will consider placing a measure on the November ballot that would allow marijuana businesses to operate in the city. The move, which will be decided by the voters, was suggested as a way to

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Cannabis stocks get buzzed on Germany’s easing of laws

Cannabis stocks get buzzed on Germany’s easing of laws

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Cannabis NewsMarch 25, 2024

Germany's Cannabis Legalization Spurs Stock Surges and Industry Expansion Plans. Last week, Germany’s upper house, the Bundesrat (made up of federal state delegates), passed legislation to legalize cannabis starting April 1, 2024, but with limitations. The move prompted several cannabis stocks to

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Oregon State receives grant to work with 13 Tribes on Hemp economic development

Oregon State receives grant to work with 13 Tribes on Hemp economic development

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Cannabis NewsMarch 25, 2024

Oregon State University's Hemp Innovation Center Secures $10M Grant to Boost Native American Economic Development. Oregon State University’s Global Hemp Innovation Center has received a $10 million grant to work with 13 Native American Tribes to spur economic development in the western United States

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Manufacturing skis from Hemp tapes

Manufacturing skis from Hemp tapes

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Cannabis NewsMarch 25, 2024

Bio-based composites were winners of this year's JEC Composites Innovation Award, including a snowboard made from hemp tapes from Fuse GmbH. In the reinforcement of composites, natural fibres are becoming increasingly important as an efficient, sustainable alternative to synthetic high-performance

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Colorado’s cooling Marijuana industry leaves many smaller industrial buildings vacant

Colorado’s cooling Marijuana industry leaves many smaller industrial buildings vacant

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Cannabis NewsMarch 25, 2024

In late 2022, real estate broker Jake Malman listed a former marijuana grow facility at 890 Navajo St, in Denver for $9 million. It would sell for $4.1 million a year later. “The market dictates pricing ultimately, and they beat it down,” said Malman, the owner of Malman Commercial Real Estate

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Treasury Secretary Yellen Calls for Action on Marijuana Banking Conflict

Treasury Secretary Yellen Calls for Action on Marijuana Banking Conflict

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Cannabis NewsMarch 25, 2024

Treasury Secretary Janet Yellen Pushes for Legislation to Resolve Marijuana Banking Conflict. U.S. Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would rectify the conflict between federal and state laws on the sale and use of marijuana that is preventing

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Schumer Petition Aims to Rally Support for Marijuana Banking Reform

Schumer Petition Aims to Rally Support for Marijuana Banking Reform

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Cannabis NewsMarch 25, 2024

The Chuck Schumer Cannabis Banking Push: Key Insights and Strategic Moves. Chuck Schumer is rallying support for the marijuana banking bill, emphasizing its necessity for business safety. The SAFER Banking Act seeks to provide crucial financial services to legal marijuana businesses, as pushed by

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