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NBA Players face risk when partnering with Cannabis Companies

NBA Players face risk when partnering with Cannabis Companies

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Cannabis NewsJune 30, 2023

The relationship between professional sports and cannabis has long been complicated, with leagues and teams often taking a hardline stance against marijuana use by players. But times are changing, and the NBA is at the forefront of this shift by shattering the grass ceiling. On April 26, the NBA and

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City prepares to evacuate as Western Hemp Fire spreads

City prepares to evacuate as Western Hemp Fire spreads

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Cannabis NewsJune 30, 2023

FORT HUACHUCA - According to Fort Huachuca a wildfire is spreading near Canelo and Western Hemp roads. Huachuca City's evacuation status is at SET. According to Fort Huachuca, the fire was caused by mowing but all mowing has been stopped. The fire is now at 1000 acres. Canelo Rd. is closed at the

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International Cannabis leaders descend on Berlin

International Cannabis leaders descend on Berlin

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Cannabis NewsJune 29, 2023

Global cannabis leaders are arriving in Berlin this week to attend the International Cannabis Business Conference. The events series’ flagship business-to-business (B2B) event is taking place on June 29th and 30th at the iconic Estrel Berlin Hotel. In addition to the two-day B2B event, which is the

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The evolution of curing Cannabis

The evolution of curing Cannabis

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Cannabis NewsJune 29, 2023

The need for innovation begins with the everyday. A practice of repetition results in a powerful realization: your routine could improve exponentially if you just tweak the process a little. For cannabis, innovation centers on an optimized consumer experience – a.k.a., various modifications that

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Cannabis sales growth sputters

Cannabis sales growth sputters

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Cannabis NewsJune 29, 2023

Canopy Growth's $3 billion loss epitomizes spiraling struggles in the Canada's cannabis industry. Canada’s still-nascent cannabis industry is facing an existential dilemma. On one hand, the market has seen impressive sales growth and an expanding ecosystem of brands since the nation legalized

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Minnesota Cannabis tax goes into effect July 1st

Minnesota Cannabis tax goes into effect July 1st

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Cannabis NewsJune 28, 2023

MOORHEAD - Minnesota cannabis retailers will soon charge a ten percent cannabis tax. It begins July 1st and currently only edible cannabinoid products and nonintoxicating topical products are legal to sell. The state sales tax at just under seven percent and any local sales taxes will also apply to

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Is the European Union set to change its stance on Cannabis?

Is the European Union set to change its stance on Cannabis?

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Cannabis NewsJune 28, 2023

THE wind has been taken out of the sails of European cannabis recently with Germany opting to curtail its ambitions of a fully-fledged domestic, adult-use market. Following a January 18 meeting between the European Commission Director-General for Migration and Home Affairs Monique Pariat and its

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Licensed Recreational Weed sales launch in Maryland on Saturday

Licensed Recreational Weed sales launch in Maryland on Saturday

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Cannabis NewsJune 28, 2023

Regulated sales of recreational cannabis begin in Maryland on Saturday, July 1, only seven months after voters approved a ballot measure to legalize adult-use pot. Regulated sales of recreational marijuana begin in Maryland on Saturday, leaving retailers with only days to prepare for the launch of

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UK Minister admits to smoking Pot in past

UK Minister admits to smoking Pot in past

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Cannabis NewsJune 28, 2023

Minister Michael Gove said he toked up in the ‘80s at the University of Oxford on the Times Radio podcast. UK Secretary of State for Levelling Up, Housing and Communities and Minister for Intergovernmental Relations Michael Gove admitted smoking cannabis while he was a student at University of

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How others’ mistakes could help Maryland get Cannabis Legalization right

How others’ mistakes could help Maryland get Cannabis Legalization right

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Cannabis NewsJune 28, 2023

A state of New York notice posted at a business announces the seizure of “illicit cannabis” at a New York City business as authorities crack down on unlicensed smoke shops on June 16, 2023. Maryland may be later than many other states in legalizing cannabis, but those who wrote the state’s laws hope

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Tech Firm offers safe cash handling toolkit as Oregon Cannabis remains hotbed for crime

Tech Firm offers safe cash handling toolkit as Oregon Cannabis remains hotbed for crime

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Cannabis NewsJune 28, 2023

PORTLAND - Narrowport is a financial technology startup that is pioneering financial solutions that aim to make cash-intensive businesses safer - starting with cannabis. Because of recent violent incidents, the company has launched a new asset for the cannabis industry in Oregon, called the Safe

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Marijuana supply chain: profits and headaches

Marijuana supply chain: profits and headaches

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Cannabis NewsJune 28, 2023

The marijuana supply chain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, there is one caveat in the marijuana supply chain that makes things a bit trickier: in most states, cannabis products can only be sold and

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DeSantis ally takes bold stand against 2024 Pot Legalization vote

DeSantis ally takes bold stand against 2024 Pot Legalization vote

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Cannabis NewsJune 28, 2023

Florida Attorney General Ashley Moody, a close ally of Republican Gov Ron DeSantis, asked the state Supreme Court to nix a proposed constitutional amendment that would legalize pot in the state. The petition, dated Monday, comes less than a week after DeSantis, a 2024 candidate for president, said

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Sydney’s first Cannabis dispensary isn’t far away

Sydney’s first Cannabis dispensary isn’t far away

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Cannabis NewsJune 27, 2023

The medicinal cannabis market is booming, but getting dispensaries open is still a slog. Sydney is one approval away from getting its first cannabis dispensary as medicinal cannabis use booms – but there’s a race to be the first on the market. Medicinal cannabis is legal Australia-wide for anyone

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6 ways Philadelphia's Medical Marijuana industry has changed since city's first dispensary opened

6 ways Philadelphia's Medical Marijuana industry has changed since city's first dispensary opened

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Cannabis NewsJune 26, 2023

Restore was the first and only medical marijuana dispensary in Philadelphia when it opened for business in Fishtown in May 2018. Flash forward five years and the city is now home to 16 medical marijuana dispensaries, with 59 across Southeastern Pennsylvania. Following several years of industry

Marijuana Business News

Cannabis delivery services could help jump-start CT adult-use sales

Cannabis delivery services could help jump-start CT adult-use sales

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Cannabis NewsJune 26, 2023

When John “Jack” Cochran visited the Virginia home of his former player and retired NFL star Jordan Reed several years ago for a birthday party, he had no idea he’d leave with a business idea and entrepreneurial mindset. But that’s exactly what happened. Cochran — who coached high school football

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Class-action lawsuit launched against Canopy Cannabis over financial reporting

Class-action lawsuit launched against Canopy Cannabis over financial reporting

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Cannabis NewsJune 26, 2023

The lawsuit says the company admitted that it overstated revenue for its BioSteel subsidiary, causing investors economic loss. A B.C. investor has launched a class-action lawsuit against Canopy Growth Corp., one of Canada’s largest cannabis companies. The filing in B.C. Supreme Court is the first

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Missouri to be testing ground on plain Cannabis packaging

Missouri to be testing ground on plain Cannabis packaging

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Cannabis NewsJune 23, 2023

For decades, there's been a global movement urging "plain packaging" on tobacco products - or packaging with limited colors and frills - after numerous studies found it makes cigarettes less appealing to young people. Missouri will soon be a testing ground to see if plain packaging has the same

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Anti-Cannabis group sues New York in effort to nullify Cannabis Legislation

Anti-Cannabis group sues New York in effort to nullify Cannabis Legislation

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Cannabis NewsJune 23, 2023

The State of New York is now being sued by a collection of anti-cannabis campaign groups in an effort to force a rollback on legalization. On June 20th, a lawsuit was filed targeting the State of New York, its Governor Kathy Hochul, the Cannabis Control Board and the Office of Cannabis Management

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Legal Weed sales in Minnesota expected to hit $1.5 Billion

Legal Weed sales in Minnesota expected to hit $1.5 Billion

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Cannabis NewsJune 23, 2023

The regulated cannabis market in Minnesota is expected to grow to more than $1,5 billion per year by the end of the decade, according to a projection from Vicente LLP. The regulated marijuana market in Minnesota is expected to grow to more than $1.5 billion per year by 2029, according to a

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