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Cannabis use is on the rise in the US – except among younger teens

Cannabis use is on the rise in the US – except among younger teens

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Cannabis NewsNovember 13, 2023

Cannabis is more popular in North America than anywhere else and its use continues to grow – but, somewhat surprisingly, not among adolescents. Cannabis is the most used illicit substance in the world, with an estimated 219 million people using it in 2021. Nowhere is it more popular than in the US

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Newmarket gets its first-ever Cannabis Store, despite town's ban

Newmarket gets its first-ever Cannabis Store, despite town's ban

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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 the plaza at 17817 Leslie St. Oct. 20, offering 24

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Five years after adult-use dispensaries opened, Massachusetts Cannabis Businesses have more banking options

Five years after adult-use dispensaries opened, Massachusetts Cannabis Businesses have more banking options

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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 trying to buy marijuana before it was legal. To put it simply, you had to know someone. After

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Five years after adult-use dispensaries opened, Massachusetts Cannabis Businesses have more banking options

Five years after adult-use dispensaries opened, Massachusetts Cannabis Businesses have more banking options

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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 trying to buy marijuana before it was legal. To put it simply, you had to know someone. After

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Florida’s Supreme Court Hears Arguments on Adult Use Legalisation Bill

Florida’s Supreme Court Hears Arguments on Adult Use Legalisation Bill

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Cannabis NewsNovember 13, 2023

Florida’s Supreme Court justices heard oral arguments on Wednesday as to whether a bill proposing adult-use cannabis legalisation should be included on the 2024 ballot. As Business of Cannabis reported last month, the Adult Personal Use of Marijuana amendment was put forward by Smart & Safe Florida

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Canopy Delivers Third Consecutive Quarter of Revenue Growth

Canopy Delivers Third Consecutive Quarter of Revenue Growth

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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 reduction in debt, which the company says

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Kentucky Approves Emergency Rule to Regulate Hemp-Derived Cannabinoids

Kentucky Approves Emergency Rule to Regulate Hemp-Derived Cannabinoids

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Cannabis NewsNovember 13, 2023

Kentucky’s General Assembly Administrative Regulations Review Subcommittee has approved an emergency rule to regulate Delta-8 THC and other intoxicating hemp-derived cannabinoid products in the state. The rule aims to regulate products that are for adult use only and separate the products from those

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New York Senators say they now know what’s wrong with the state’s Cannabis Industry. What will they do next?

New York Senators say they now know what’s wrong with the state’s Cannabis Industry. What will they do next?

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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 adult-use licensees, members of the New York State Senate Subcommittee on Cannabis are now

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New York Senators say they now know what’s wrong with the state’s Cannabis Industry. What will they do next?

New York Senators say they now know what’s wrong with the state’s Cannabis Industry. What will they do next?

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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 adult-use licensees, members of the New York State Senate Subcommittee on Cannabis are now

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CBD industry faces ‘existential crisis’

CBD industry faces ‘existential crisis’

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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. Right now, it's really facing

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CBD industry faces ‘existential crisis’

CBD industry faces ‘existential crisis’

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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. Right now, it's really facing

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CBD industry faces ‘existential crisis’

CBD industry faces ‘existential crisis’

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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. Right now, it's really facing

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Dozens of Cannabis Startups are struggling to get fully licensed

Dozens of Cannabis Startups are struggling to get fully licensed

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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 database, with 40 of those businesses having received

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Dozens of Cannabis Startups are struggling to get fully licensed

Dozens of Cannabis Startups are struggling to get fully licensed

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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 database, with 40 of those businesses having received

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Medical Cannabis Legalization Nears Approval in Ukrainian Parliament

Medical Cannabis Legalization Nears Approval in Ukrainian Parliament

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Cannabis NewsNovember 10, 2023

A bill is awaiting approval in the Ukrainian parliament that would legalize the use of cannabis to treat medical conditions. In July 2023, a preliminary version of bill #7457 was approved with 268 votes out of the 450 member Ukrainian parliament, the Verkhovna Rada. More than 800 amendments have

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Study Finds Cannabis Treatments for Autism Improved Patients’ Quality of Life

Study Finds Cannabis Treatments for Autism Improved Patients’ Quality of Life

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Cannabis NewsNovember 10, 2023

A small study shows patients with autism taking customized cannabis treatments improved dramatically. A new study has determined that customized cannabis treatments can improve the quality of life for patients with autism spectrum disorder. The study of 20 patients with autism found that

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Study Finds Cannabis Treatments for Autism Improved Patients’ Quality of Life

Study Finds Cannabis Treatments for Autism Improved Patients’ Quality of Life

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Cannabis NewsNovember 10, 2023

A small study shows patients with autism taking customized cannabis treatments improved dramatically. A new study has determined that customized cannabis treatments can improve the quality of life for patients with autism spectrum disorder. The study of 20 patients with autism found that

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Ohio just legalized Cannabis and now comes the hard part

Ohio just legalized Cannabis and now comes the hard part

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Cannabis NewsNovember 10, 2023

Ohio certainly wasn’t the first state to legalize recreational cannabis. 23 other states have done so since 2012 — but the Buckeye State’s arrival on that list could ultimately be quite consequential for the growing industry. Ohio voters’ approval of a legalization measure on Tuesday comes just

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Nearly 100,000 Marijuana expungements since amendment 3 passed last year

Nearly 100,000 Marijuana expungements since amendment 3 passed last year

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Cannabis NewsNovember 10, 2023

Nearly 100,000 criminal convictions involving marijuana offenses have been expunged in Missouri since Amendment 3 was passed last year. TV Station KMBC in Kansas City reports that local governments across Missouri are behind on erasing both felony and misdemeanor marijuana offenses, but the state is

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Missouri's recreational cannabis industry balloons to $1.5 billion in less than a year: A look at the boom

Missouri's recreational cannabis industry balloons to $1.5 billion in less than a year: A look at the boom

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Cannabis NewsNovember 10, 2023

Wednesday, November 8 marked a year since Missourians voted to legalize recreational marijuana and took a historic step towards embracing adult-use recreational cannabis. It also marks nine months since the opening weekend of those sales, turning a million-dollar industry into a billion-dollar one

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