While the use of cannabis dates back to the third millennium BC, the ways that humans have experienced the plant haven’t changed dramatically. With legal medicinal dispensaries being welcomed into our communities, the selection and quality of cannabis products has improved vastly - but the fundamental experience of ingestible products has stayed basically the same. At long last, that’s about to change.
Maine’s recreational marijuana market continued its eye-popping growth in June, the state has reported.
Sales of cannabis for recreational, adult use topped $6.47 million for the month, up from $5.36 million in May, according to new data from the Maine Office of Marijuana Policy. More than 86,000 purchases took place during June.
The value of June sales is the highest monthly total since Maine’s recreational marijuana market launched last October, and represents a 20.6% increase over the dollar amount in May. That’s slightly less than the 23.2% growth in May over the previous month.
To date, sales have totaled nearly $30 million, according to the OMP. June sales were roughly six times the total in the first month.
EcoCaNN, the first social media for medical cannabis patients, was launched officially in Israel this morning. The app allows patients and their families to consult and to get assistance by the best professionals in the medical cannabis field, and to get specific answers to their questions 24/7. EcoCaNN is based on a free digital platform and the information in the app is protected, anonymous, and confidential.
Delta Agriculture, the country's largest industrial producer and processor of hemp raw goods, today announced the launch of its hemp fiber line, marking a transitional growth from leader in hemp flower production into a full-scale industrial hemp supplier. The company also unveiled a new logo as part of an extensive rebrand initiative focused on its goal to make hemp the nation's leading raw good supply source, with the ultimate mission to ensure America's trajectory towards a carbon-negative future.
The Cannabinoid Institute (TCI) launched a Spanish version of their well-respected online medical cannabis training certification for Mexican physicians and other healthcare providers on Friday, July 23. TCI is focusing on helping physicians who prescribe cannabis in Mexico to meet the demands of their patients since both medical and recreational cannabis became legal this past month. Legalization in Mexico comes after years of stigmatization.
Democratic Gov. Ned Lamont signed a law in June to legalize, tax and regulate cannabis for in Connecticut. The legislation, sponsored by Senate President Martin Looney and House Speaker Matt Ritter, received final approval from both chambers of the state legislature in a special session.
BOISE — Idaho officials are working on a hemp plan to submit to federal officials this fall so that farmers can grow it next year.
State Department of Agriculture Deputy Director Chanel Tewalt told the Capital Press in a story last week that the state intends to submit its plan to the U.S. Department of Agriculture by Sept. 1.
Idaho lawmakers earlier this year approved the growing and selling of hemp products containing 0.3 percent or less of THC, the cannabis compound that gives marijuana its high.
The move is likely to come as a relief to cannabis cultivators, who have struggled to sell their crops for THC due to the significantly cheaper cost of converting hemp-derived CBD isolate.
Cannabis processing facilities in Washington state will be prohibited from converting hemp-derived cannabidiol (CBD) into delta-9 tetrahydrocannabinol (THC) for the legal market, according to a statement from the state’s regulatory body.
Delta 8 THC is becoming more popular every day. As more people get to know about the benefits of delta 8 THC, the demand for the products is increasing rapidly. After all, when the product is so effective, everyone will naturally want to try it out. You can buy Delta-8 THC online pretty quickly and get the product delivered to your doorstep. With delta 8 THC products, there is some ambiguity regarding the legality. The legality of THC products evolves rapidly, so it is not easy to keep track of it. If you are in Florida, you might be wondering about the current legal status of delta 8 THC.
A new report suggests having accessible weed can add to your property value.
If you’ve been shopping around for a new home recently, you’ve probably noticed that real estate prices have increased. This is true, particularly in weed-friendly states. But with 91% of American adults who support cannabis legalization, it will only continue to spread throughout the country and there is no doubt it will have an impact on real estate prices.
As more and more states have legalized recreational marijuana use in recent years, there’s been a lot of “buzz” in the travel industry about the future of cannabis vacations and what shape this would take. But like everything else in the world of travel, the global coronavirus pandemic and spread of COVID-19 changed the landscape and slowed everything down. Now, slowly but surely, travel is coming back, and Northern California’s Scotia Lodge is front and center as an instant hotspot for those whose travel decisions are influenced by all things cannabis.
London-listed marijuana business Kanabo (KNB.L) has struck a deal that it says will make it Europe's biggest publicly traded cannabis company.
Kanabo said on Monday it had agreed terms to buy the European operations of Canada's Materia, a cannabis processor and supplier. Exact terms weren't disclosed but Kanabo said the deal would be paid for through shares and subject to performance-related goals.
"The only part that we’re not involved in now in the supply chain is cultivation," Kanabo's chief executive Avihu Tamir told Yahoo Finance UK. "Our belief is that cultivation will be a commodity like other agricultural products. We believe the value is in the last mile."
https://www.benzinga.com/markets/cannabis/21/07/22112492/advocacy-coalit... York Cannabis United is calling on both the Cuomo Administration and New York State Legislators to uphold the promises made in the new law by swiftly appointing leadership to the Cannabis Control Board.
By Imani A. Dawson
In a warehouse outside Chicago, a crop of hemp grows to produce a controversial substance that some people call “weed light.”
The plants fall under the same Cannabis sativa species that produce marijuana. But like all legal hemp, they have been bred to contain less than .3% delta-9-THC, the main ingredient that gets users stoned. Instead, the hemp is used to produce the popular supplement CBD, and a derivative called delta-8-THC — said to give users a milder high without brain fog or anxiety.
CHAPEL HILL – As North Carolina’s General Assembly debates the legalization of medical marijuana, hemp farmers and retailers have already found a legal alternative: Delta-8 THC.
Otherwise known as “Weed’s Little Brother,” Delta-8 THC, or D-8, is the hottest cannabinoid on the market right now, especially in states like North Carolina, where marijuana remains illegal.
“We started selling our first Delta-8 brand in November, and it blew up,” said Tanya Durand, owner of The Hemp Store on Franklin Street in Chapel Hill, in an interview with WRAL TechWire. “The response has definitely been overwhelming.”
The North Carolina Senate keeps advancing a bill that would legalize medical marijuana here, as the state remains one of the few holdouts in the country without such a law.
Senators in the Finance Committee passed the bill Wednesday, after a brief discussion about the taxes and other revenue it might bring to North Carolina if passed. No one had a solid estimate, but based on other states, it would likely bring in tens of millions of dollars a year.
Amazon’s Jeff Bezos just went to space. Now his company looks poised to embark on a new frontier—marijuana legalization.
It was just last month that Amazon officially announced that it was doing away with drug screening for pot, while also throwing its support behind proposed legislation that would finally legalize weed on the federal level. And now, there are mounting signs that the world’s largest online retailer is ready to put its ample financial resources behind the effort.
CHARLOTTE, Mich. — Charlotte's City Council has decided that they're not going to allow marijuana shops in the city anytime soon, but the community could see marijuana growing and processing facilities.
On average, each dispensary brings in about $28,000 in tax revenues to a community according to Mayor Michael Armitage. City officials didn't move forward with dispensaries because they didn't believe those revenues would offset the administrative burden, he said.