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Cannabis sales hit record high but profits another story

Cannabis sales hit record high but profits another story

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Cannabis NewsAugust 21, 2023

The Michigan Cannabis Regulatory Agency reports record-high revenue, but there is little profit to show for it. According to the most recent monthly report from the Michigan Cannabis Regulatory Agency, Michigan cannabis sales reached a record in July, recording $276 million in sales, with the lion’s

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Cresco CEO still believes federal reform is possible

Cresco CEO still believes federal reform is possible

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Cannabis NewsAugust 21, 2023

Cresco Labs CEO Optimistic About Federal Marijuana Reform Despite Delays, Anticipates Positive Progress in DC. During the Chicago-based company’s most recent earnings call, Cresco Labs CEO Charles Bachtell strongly implied that he believes federal marijuana reform is still on the horizon, despite

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Middle-aged US adults binge drinking and using Marijuana at record levels

Middle-aged US adults binge drinking and using Marijuana at record levels

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Cannabis NewsAugust 18, 2023

Alarming Surge: Binge Drinking, Vaping, Marijuana Use Record High Among US Adults, University of Michigan Study Finds. Binge drinking, vaping, marijuana use, and hallucinogen consumption reached an all-time high among US adults in 2022, showing a significant upward trajectory in substance use in

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Middle-aged US adults binge drinking and using Marijuana at record levels

Middle-aged US adults binge drinking and using Marijuana at record levels

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Cannabis NewsAugust 18, 2023

Alarming Surge: Binge Drinking, Vaping, Marijuana Use Record High Among US Adults, University of Michigan Study Finds. Binge drinking, vaping, marijuana use, and hallucinogen consumption reached an all-time high among US adults in 2022, showing a significant upward trajectory in substance use in

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US adults see smoking Cannabis as safer than Tobacco

US adults see smoking Cannabis as safer than Tobacco

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Cannabis NewsAugust 18, 2023

Study Reveals Growing Perception Among US Adults: Cannabis Smoking Deemed Safer Than Tobacco, Defying Scientific Consensus. U.S. adults increasingly perceive daily smoking of cannabis and secondhand exposure to cannabis smoke as safer than tobacco smoke, according to a study published online Aug. 11

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Minnesota bans Pot smoking in Public Parks

Minnesota bans Pot smoking in Public Parks

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Cannabis NewsAugust 18, 2023

The ordinance extends a ban on vaping and tobacco. Officials in Duluth, Minnesota this week approved an ordinance that will ban smoking marijuana in all city parks. The passage of the measure came about two weeks after a new state law allowing recreational cannabis use for adults aged 21 and older

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Dropping prices and heavy tax burden will mean Cannabis industry

Dropping prices and heavy tax burden will mean Cannabis industry

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Cannabis NewsAugust 18, 2023

Producers and retailers say current federal tax is not sustainable for the industry. With high taxes, a saturated market and few options, some of Canada's legal cannabis producers are struggling. When the federal government legalized the sale of recreational cannabis in October 2018, retail

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Dropping prices and heavy tax burden will mean Cannabis industry

Dropping prices and heavy tax burden will mean Cannabis industry

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Cannabis NewsAugust 18, 2023

Producers and retailers say current federal tax is not sustainable for the industry. With high taxes, a saturated market and few options, some of Canada's legal cannabis producers are struggling. When the federal government legalized the sale of recreational cannabis in October 2018, retail

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California locals block Cannabis store from opening

California locals block Cannabis store from opening

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Cannabis NewsAugust 18, 2023

A proposed Embarc location was far enough away from a school, but locals appealed its permit to open, saying it’s a nuisance because of smell and security. After bending over backwards to meet the criteria for compliance, residents in Pinedale, a neighborhood of Fresno, California, rallied in Fresno

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California locals block Cannabis store from opening

California locals block Cannabis store from opening

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Cannabis NewsAugust 18, 2023

A proposed Embarc location was far enough away from a school, but locals appealed its permit to open, saying it’s a nuisance because of smell and security. After bending over backwards to meet the criteria for compliance, residents in Pinedale, a neighborhood of Fresno, California, rallied in Fresno

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Senior citizens are the fastest-growing Cannabis clientele

Senior citizens are the fastest-growing Cannabis clientele

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Cannabis NewsAugust 18, 2023

Seniors, and not the high-school kind, are the fastest-growing population of cannabis users, a trend that illustrates what a long, strange trip the legalization movement has been. The share of over-65 Americans who have used marijuana nearly tripled in a decade, from 11 percent in 2009 to 32 percent

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Senior citizens are the fastest-growing Cannabis clientele

Senior citizens are the fastest-growing Cannabis clientele

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Cannabis NewsAugust 18, 2023

Seniors, and not the high-school kind, are the fastest-growing population of cannabis users, a trend that illustrates what a long, strange trip the legalization movement has been. The share of over-65 Americans who have used marijuana nearly tripled in a decade, from 11 percent in 2009 to 32 percent

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Women-led Cannabis farmers market opens in Columbia County

Women-led Cannabis farmers market opens in Columbia County

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Cannabis NewsAugust 18, 2023

After cannabis sales lagged in New York, marijuana growers are coming together to participate in the state’s Cannabis Growers Showcase’ initiative in hopes of getting their stockpiled crops sold. Many cannabis growers have been struggling to get last year’s crop on the shelves due to a lack of

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Former NBA All-Star Dwyane Wade releases exclusive Cannabis Box

Former NBA All-Star Dwyane Wade releases exclusive Cannabis Box

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Cannabis NewsAugust 18, 2023

The limited-edition box coincides with Dwyane Wade’s recent induction into the NBA Hall of Fame. Former NBA athlete and Hall of Famer Dwyane Wade recently announced the details regarding his special cannabis box launch in collaboration with Jeeter. “My partners, Jeeter and I, have created this

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Former NBA All-Star Dwyane Wade releases exclusive Cannabis Box

Former NBA All-Star Dwyane Wade releases exclusive Cannabis Box

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Cannabis NewsAugust 18, 2023

The limited-edition box coincides with Dwyane Wade’s recent induction into the NBA Hall of Fame. Former NBA athlete and Hall of Famer Dwyane Wade recently announced the details regarding his special cannabis box launch in collaboration with Jeeter. “My partners, Jeeter and I, have created this

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Blockchain is transforming Cannabis Industry

Blockchain is transforming Cannabis Industry

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Cannabis NewsAugust 18, 2023

In recent years, blockchain technology has emerged as a powerful tool with the potential to revolutionize various industries. A partnership between ACS Laboratory, the largest hemp and cannabis testing facility in the eastern United States, and Blockticity, a leader in guaranteed certificates of

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Blockchain is transforming Cannabis Industry

Blockchain is transforming Cannabis Industry

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Cannabis NewsAugust 18, 2023

In recent years, blockchain technology has emerged as a powerful tool with the potential to revolutionize various industries. A partnership between ACS Laboratory, the largest hemp and cannabis testing facility in the eastern United States, and Blockticity, a leader in guaranteed certificates of

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With Cannabis industry expanding, a Baltimore company sees an opportunity to clean up

With Cannabis industry expanding, a Baltimore company sees an opportunity to clean up

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Cannabis NewsAugust 17, 2023

Maryland cannabis companies reported tossing a little over 29 tons of green waste in 2022, according to the Maryland Cannabis Administration, a total that will expand with the legalization of recreational use by adults earlier this year. That’s a germinating problem for the industry: Businesses

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Ohio Cannabis Legalize initiative pending for November Ballot

Ohio Cannabis Legalize initiative pending for November Ballot

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Cannabis NewsAugust 17, 2023

Valid ballot initiative signatures have been submitted, and “massive turnout” is expected this November for cannabis and abortion rights. The Ohio-based advocacy group known as Coalition to Regulate Marijuana Like Alcohol (CRMA) is working on a citizen-initiative to legalize cannabis cultivation

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Ocean View considers prohibition of Marijuana sales

Ocean View considers prohibition of Marijuana sales

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Cannabis NewsAugust 17, 2023

The Town of Ocean View is considering regulations on marijuana months after the Delaware General Assembly voted to legalize its recreational use and sale. The conversation in Ocean View comes after a number of coastal communities voted to ban the sale of the drug in town. The Town of Dewey Beach was

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