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Facebook updates policy to allow CBD ads

Facebook updates policy to allow CBD ads

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Cannabis NewsJuly 13, 2023

A Meta spokesperson clarified the implications for the new CBD-related ad policy. Major social media platforms continue to gradually warm up to cannabis. As Meta rival Twitter announced it will allow some CBD and THC ads last February, Meta is taking steps as well by continuing to loosen up

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Cannabis start-ups likely to face banking roadblocks

Cannabis start-ups likely to face banking roadblocks

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Cannabis NewsJuly 12, 2023

Any time a new industry is in its earliest stages of development, there are likely to be unforeseen obstacles. That’s certainly true of the fledgling recreational cannabis industry in Minnesota. However, among the biggest obstacles is one everyone is aware of but can’t do much about. Most federally

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Canadian study examines potency and duration of joints

Canadian study examines potency and duration of joints

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Cannabis NewsJuly 12, 2023

The results of a recent study show interesting results regarding the potency of ground flower based on different particle sizes. Researchers at DELIC Labs recently published a study analyzing how the size of ground cannabis flower in today’s cannabis joints can impact a consumer when smoking. DELIC

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Leaders vote to stop new Medical Marijuana dispensaries to set up shop in West Palm Beach

Leaders vote to stop new Medical Marijuana dispensaries to set up shop in West Palm Beach

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Cannabis NewsJuly 11, 2023

West Palm Beach Mayor Keith James cast the tie-breaking vote on a final motion to prohibit new medical marijuana dispensaries to open and operate in the city limits during Monday night’s meeting. In a 3-to-2 vote, the city commission made it official to ban future shops. This will not impact the

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Dispensary challenges Rhode Island Cannabis law

Dispensary challenges Rhode Island Cannabis law

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Cannabis NewsJuly 11, 2023

A Rhode Island cannabis dispensary is challenging the state's legalization law. The Boston Globe reported that Greenleaf Compassionate Care Center in Portsmouth is fighting the requirement that retailers must enter into labor agreements to sell recreational cannabis. Workers at Greenleaf voted to

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Cannabis Legalization Bill put forward in Pennsylvania

Cannabis Legalization Bill put forward in Pennsylvania

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Cannabis NewsJuly 11, 2023

Senate Bill 846 has been introduced in Pennsylvania which aims to legaise cannabis in a bis to generate tax revenue and create new jobs. The bill – introduced by Sens. Dan Laughlin (R-49) and Sharif Street (D-3) – addresses safety by setting the minimum cannabis consumption age at 21 years old. It

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Kentucky’s Hemp industry is beginning to struggle

Kentucky’s Hemp industry is beginning to struggle

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Cannabis NewsJuly 11, 2023

LEXINGTON - The hemp industry in Kentucky was said to be the replacement for tobacco, but it failed to meet expectations. The industry is struggling, and candidates for Kentucky Agriculture Commissioner agree that it is not in good shape. “I hope that there is a way that we can make this a very

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Arkansas Medical Marijuana sales hit record $141M in first 6 months of 2023

Arkansas Medical Marijuana sales hit record $141M in first 6 months of 2023

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Cannabis NewsJuly 11, 2023

Medical marijuana sales broke a record in the first six months of 2023, showing a progressive increase in the popularity of cannabis since the first dispensary opened four years ago. From January to June of 2023, Arkansans spent $141 million on medical marijuana products, totaling 29,057 pounds of

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Cannabis Companies quietly downsizing

Cannabis Companies quietly downsizing

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Cannabis NewsJuly 11, 2023

4Front and Trulieve both disclosed declines in staffing for June. Despite a quieting of headline-making layoffs in the cannabis industry over the past year, the industry continues to face challenges ranging from a robust illicit market to the lack of any progress on federal legislation. And as a

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Unpaid regulatory fees in Canada jump 225%

Unpaid regulatory fees in Canada jump 225%

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Cannabis NewsJuly 10, 2023

Canada has seen a dramatic increase in the amount of unpaid regulatory fees owed by cannabis companies to the federal government over the last year. According to Health Canada figures published by MJBizDaily, in the fiscal year 2022-2023 overdue fees jumped by 225% from C$1.2m to C$3.9m. This figure

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Montana’s Senate election complicates Cannabis legislation

Montana’s Senate election complicates Cannabis legislation

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Cannabis NewsJuly 10, 2023

Democrats are accusing Republicans of playing politics with a package of veterans bills spearheaded by Montana Senator Jon Tester. The road for veterans’ cannabis research — and potentially control of the Senate — runs through Montana. Sen. Jon Tester (D-Mont.) is the lead author of a bill to

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As more states legalize Pot, their uneven safety rules can pose a risk

As more states legalize Pot, their uneven safety rules can pose a risk

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Cannabis NewsJuly 10, 2023

Tests for marijuana potency and contamination vary across state lines. Amid the growing acceptance and legalization of cannabis use across the country, a concerning reality has emerged: The state-by-state patchwork of safety regulations can leave marijuana consumers wandering through a haze of

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Ayr Wellness, well-known Cannabis advocates team to launch brand

Ayr Wellness, well-known Cannabis advocates team to launch brand

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Cannabis NewsJuly 10, 2023

Ayr Wellness partners with Cannabis advocates Stanley Okoro and Brendon Robinson. Multistate operator Ayr Wellness is teaming up with well-known cannabis advocates Stanley Okoro and Brendon Robinson for the launch of a brand that’ll help support the lifelong friends’ mission to give minorities a

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Cannabis now and where it goes next

Cannabis now and where it goes next

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Cannabis NewsJuly 10, 2023

Cannabis sales in the US are continuing their run of impressive growth. Sales hit $30 billion in 2022, and by New Frontier Data’s account they will reach between $58 billion and $70 billion by 2030 depending on the pace of legal reform. Legal cannabis is still expanding its geographical footprint as

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Houston distillery is making Texas’s first Hemp seed vodka

Houston distillery is making Texas’s first Hemp seed vodka

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Cannabis NewsJuly 7, 2023

Highway Vodka is rich and flavorful - unlike your typical vodka. Vodka often goes one of two routes. Either it’s bland and boring, or it’s loaded with artificial flavors and arguably unfit for consumption (you’ll never convince me that raspberry vodka is marketed to adults). The best harness their

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Moxie launches in Ohio

Moxie launches in Ohio

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Cannabis NewsJuly 7, 2023

Moxie, a pioneer in the world of cannabis concentrates, has officially launched its medical products in The Buckeye State. Moxie, California’s first licensed cannabis brand, has launched its premium medical cannabis products in Ohio. Moxie is one of the original, premium California-based brands

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Overcoming challenges as a woman CEO in the Cannabis Industry

Overcoming challenges as a woman CEO in the Cannabis Industry

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Cannabis NewsJuly 7, 2023

Exploring the challenges and strategies to overcome bias is essential to fostering a more diverse and inclusive cannabis industry. THE CANNABIS INDUSTRY has experienced remarkable growth and transformation in recent years, attracting entrepreneurs and investors from diverse backgrounds. However

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Weed sales in decline in largest drop since legalization

Weed sales in decline in largest drop since legalization

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Cannabis NewsJuly 6, 2023

Denver reported a 22% decline in marijuana sales from 2021 to 2022 as weed sales cool across the state. DENVER — Denver's weed sales are coming down from a high – and they're coming down fast. A new report from the City and County of Denver shows a 22% decline in annual marijuana sales revenue from

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Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization

Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization

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Cannabis NewsJuly 6, 2023

BALTIMORE - Days after recreational cannabis became legal in Maryland, dispensaries across the state continue to see record sales. The Maryland Cannabis Administration reported $10.4 million in sales over the Fourth of July weekend. Eight years ago, Christi Kekich, owner of GreenLabs in Baltimore

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Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse

Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse

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Cannabis NewsJuly 6, 2023

MedMen appoints Ellen Deutsch as CEO in Last-Ditch effort to salvage company amid impending financial collapse. Cannabis firm MedMen announced Wednesday its fifth CEO since 2020 with the appointment of Ellen Deutsch, who will be tasked with turning around the once-industry-leading company that now

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