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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

Cannabis Technology News Marijuana Business News

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

Marijuana Business News

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

Marijuana Business News Cannabis Jobs

Medical Marijuana pioneered legal weed in Michigan and now it's withering away

Medical Marijuana pioneered legal weed in Michigan and now it's withering away

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Cannabis NewsAugust 17, 2023

The reality is there are fewer dispensaries selling medical marijuana in Michigan as demand for adult-use recreational marijuana dominates. Michigan's medical marijuana industry is wilting. The portion of the cannabis business that stood up legal weed in the state is now at its lowest point since

Medical Cannabis News Marijuana Politics Marijuana Business News

Organizers hope to raise funds for flooded Vermont Cannabis pot shops

Organizers hope to raise funds for flooded Vermont Cannabis pot shops

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Cannabis NewsAugust 17, 2023

The Cannabis Retailers Association of Vermont, and others plan to help raise funds for flooded cannabis businesses. “Historic” flooding in Vermont is causing an unprecedented number of landslides in the state, impacting businesses including those in the cannabis industry. After Vermont cannabis

Cannabis Technology News Marijuana Business News

New York Cannabis retailers find roadblocks in obtaining licenses and opening shops

New York Cannabis retailers find roadblocks in obtaining licenses and opening shops

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Cannabis NewsAugust 16, 2023

Some entrepreneurs in the first round of licensing have found it difficult to navigate applications, find retail space. Bronx resident Jesus Fontanez was 18 years old when he began taking care of his younger brother after their mother’s passing. It was the late 1990s and Fontanez was living on his

Marijuana Business News

State faces pushback from Missouri Marijuana industry over product recall

State faces pushback from Missouri Marijuana industry over product recall

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Cannabis NewsAugust 16, 2023

A company is accused of bringing illegal marijuana product into the Missouri market and obstructing the state’s investigation by staging a robbery at its facility. Twice this summer, Andrew Mullins emailed state marijuana regulators to make sure they knew about a potential problem. Mullins, the

Marijuana Business News

Large Cannabis ETF to close as investors lose interest in Marijuana industry

Large Cannabis ETF to close as investors lose interest in Marijuana industry

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Cannabis NewsAugust 16, 2023

A leading exchange-traded fund in the cannabis space will close up shop as investor interest in the legally restricted industry wanes. AdvisorShares, the largest cannabis fund manager, said its Poseidon Dynamic Cannabis ETF will see its final day of trading Aug. 25. The fund will liquidate assets

Marijuana Business News Cannabis Jobs

Oregon Governor rejects Cannabis banking bill

Oregon Governor rejects Cannabis banking bill

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Cannabis NewsAugust 15, 2023

The bill would have created a task force to investigate the pros and cons of a public bank to serve cannabis businesses. Oregon Gov. Tina Kotek recently rejected a bill that would have created a State Public Bank Task Force. The 19-person team would have studied the pros and cons related to a

Marijuana Business News

Vermont Hemp farmers say the state failed to support them

Vermont Hemp farmers say the state failed to support them

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Cannabis NewsAugust 14, 2023

'Fool's errand for most': Why Vermont hemp farmers label state program 'complete failure'. HARDWICK ― Once upon a time − in 2018 - hemp was going to save Vermont dairy farmers from the vagaries of supply and demand for milk, and the resulting hardship and economic depravation, by providing a

Marijuana Business News

Marijuana legalization in Ohio could boost the Weed Industry

Marijuana legalization in Ohio could boost the Weed Industry

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Cannabis NewsAugust 14, 2023

High in the heart of it all. Ohio’s status as America’s heartland — and its heavy marijuana users — are giving the cannabis industry hope as a potential vote on legalization approaches this fall. A last-minute push to get enough signatures for a ballot initiative is encouraging lawyers, investors

Marijuana Business News

Too many Cannabis shops, too much production: the industry’s perennial problem

Too many Cannabis shops, too much production: the industry’s perennial problem

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Cannabis NewsAugust 14, 2023

A major problem underlying the cannabis industry’s continuing financial struggles has been overcapacity. In provinces that allow private retailers, there are too many shops competing for too few customers to cover costs. And nationwide, producers have been making more cannabis than the retailers

Marijuana Business News Cannabis Jobs

Oklahoma-grown Marijuana fuels the black market in other states

Oklahoma-grown Marijuana fuels the black market in other states

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Cannabis NewsAugust 14, 2023

One evening in mid-July, state drug enforcement agents intercepted a semi-truck leaving an Oklahoma City warehouse bound for New York. The truck was hauling 7,000 pounds of Oklahoma-grown marijuana, concealed in produce boxes, which would have been worth about $28 million on the East Coast. The same

Marijuana Business News Cannabis Jobs

Hemp retailers hit with fines

Hemp retailers hit with fines

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Cannabis NewsAugust 11, 2023

Virginia is handing out fines to hemp retailers in the state that are selling unauthorised products. From 1 July 2023, amendments to Virginia’s Industrial Hemp Law will direct the manufacturing and retail sale of certain hemp-derived products. Under the law, hemp product may not exceed 0.3% THC, and

Marijuana Business News Cannabis Jobs

Former Weed dealer cuilt the ‘Budega’ Brand then copycats moved in

Former Weed dealer cuilt the ‘Budega’ Brand then copycats moved in

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Cannabis NewsAugust 11, 2023

Alex Norman’s fight to protect the brand he created is part of a trend that industry lawyers say threatens small cannabis businesses. In the fall of 2021, an acquaintance of Alex Norman, the founder of a cannabis apparel and lifestyle brand called Budega NYC, reached out to congratulate him on

Marijuana Business News Cannabis Jobs

NY Cannabis growers can take advantage of Manufacturer Credit

NY Cannabis growers can take advantage of Manufacturer Credit

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Cannabis NewsAugust 11, 2023

New York cannabis cultivators and manufacturers face more challenges than most businesses in the Empire State. At the federal level, the IRS imposes an onerous tax burden on cannabis businesses due to Section 280E of the tax code. The illegal cannabis market also is booming, and legitimate cannabis

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Harvest New York releases Manual for NYS Hemp Growers

Harvest New York releases Manual for NYS Hemp Growers

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Cannabis NewsAugust 10, 2023

While the manual is geared toward growers and producers, a thriving hemp industry would impact the entire state. A new, first-of-its-kind manual will provide guidelines and best practices for NYS hemp growers – a crop with the potential to revitalize economies while revolutionizing industries from

Marijuana Business News Cannabis Jobs

Death Row Cannabis brings a 90s brand to new heights

Death Row Cannabis brings a 90s brand to new heights

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Cannabis NewsAugust 10, 2023

“In the city, city of Compton … ” Go ahead, let your brain sing the rest of the song. 2Pac and Dr. Dre’s Grammy-Award-winning track “California Love” topped the charts in the mid-90s, adding to Death Row Records’ acclaim as a hit-making label. The West Coast franchise launched in 1992 under the

Recreational Marijuana News Marijuana Business News

Tilray expanding into beer business with $85M deal

Tilray expanding into beer business with $85M deal

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Cannabis NewsAugust 10, 2023

Deal will vault company into the 5th-largest craft brewer in America, with 12 million cases a year. Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. In a filing with the U.S. Securities and Exchange

Recreational Marijuana News Marijuana Business News Cannabis Jobs

Medical Marijuana patients face delays as demand grows in Georgia

Medical Marijuana patients face delays as demand grows in Georgia

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Cannabis NewsAugust 9, 2023

Georgia adds call center and THC card pickup locations. Demand for medical marijuana is on the rise in Georgia now that dispensaries are finally open, but some patients say they’re still unable to buy the product because of government delays. Patients dealing with severe seizures and other illnesses

Medical Cannabis News Marijuana Business News


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