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New York aims to crack down on 'unjust' illegal Cannabis Stores

New York aims to crack down on 'unjust' illegal Cannabis Stores

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Cannabis NewsJune 23, 2023

Gov Kathy Hochul announced results of new enforcement actions to crack down on illegal cannabis shops in New York. Hochul said those stores are a barrier to creating a thriving and equitable cannabis industry. "They are driven by individuals who are flagrantly violating the law," Hochul said. "They

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USA Cannabis industry in crisis

USA Cannabis industry in crisis

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Cannabis NewsJune 23, 2023

A new report from Whitney Economics Report has found that only 24.4% of U.S. cannabis businesses are profitable. Whitney Economics, a cannabis economics data, consulting and research firm, has published its second annual Cannabis Operator Sentiment and Business Conditions survey report. The survey

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Industrial hemp prospects light up in tropics

Industrial hemp prospects light up in tropics

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Cannabis NewsJune 21, 2023

THE potential to grow industrial hemp in the tropics is showing promise, with the second year of field trials flourishing at Kununurra. A recent field day at the Department of Primary Industries and Regional Development’s Frank Wise Horticulture Research Institute showcased the progress of an

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Hemp tea market increasing demand with leading player

Hemp tea market increasing demand with leading player

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Cannabis NewsJune 21, 2023

The global hemp tea market revenue was around US$ 56,7 million in 2021 and is estimated to reach US$ 393,9 million by 2031, growing at a compound annual growth rate (CAGR) of 22,1% during the forecast period from 2022 to 2031. Hemp tea is a particular variety of herbal tea prepared from the leaves

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Cornbread Hemp lands 70-store deal with Fresh Thyme

Cornbread Hemp lands 70-store deal with Fresh Thyme

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Cannabis NewsJune 21, 2023

A Louisville-based CBD company has expanded its retail footprint in a big way. Cornbread Hemp recently inked a deal with Fresh Thyme Market, a natural health food retailer headquartered in Downers Grove, Illinois, making its products available in 70 locations throughout the Midwest. That includes

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Hydrogen utopia takes option over Medical Cannabis grower

Hydrogen utopia takes option over Medical Cannabis grower

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Cannabis NewsJune 21, 2023

The investment will generate cash flow for its core business, said a statement. Hydrogen Utopia International PLC (HUI) has taken out an option over a 49% stake in Carbon Capture and Sequestration (CCS), which has just agreed to acquire 95% of a medical cannabis cultivator in North Macedonia. CCS is

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Nevada introduces new Cannabis regulations

Nevada introduces new Cannabis regulations

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Cannabis NewsJune 21, 2023

Senate Bill 277 has been approved by Nevada Governor Joe Lombardo that makes a number of reforms to the state’s cannabis laws. A major task included in the Bill is for the Cannabis Advisory Commission to conduct a review of the potential implications for the cannabis industry if cannabis was removed

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Medical Cannabis patients who feel 'high' report greater symptom relief but increased negative side effects

Medical Cannabis patients who feel 'high' report greater symptom relief but increased negative side effects

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Cannabis NewsJune 20, 2023

In a recent study published in the journal Frontiers in Pharmacology, researchers from The University of New Mexico, in collaboration with Releaf App™, explored the impact of feeling "high" on medical cannabis patient outcomes. In a new study titled, “Understanding Feeling ‘High’ and Its Role in

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NY losing millions in taxes from lackluster legal Marijuana sales

NY losing millions in taxes from lackluster legal Marijuana sales

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Cannabis NewsJune 20, 2023

New York isn’t high on the list of states making money when it comes to harvesting revenues from legal weed sales. The Empire State is not even on track to make a predicted $56 million in its first year of legal weed sales – and that’s just a fraction of what other states made after legalization

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NBA to allow players to consume and invest in Cannabis

NBA to allow players to consume and invest in Cannabis

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Cannabis NewsJune 20, 2023

Despite the multi-billion dollar enterprises that the four large professional sports leagues in America have become, many of those organizations have long held prohibitionist views when it comes to recreational and even medical cannabis usage. Beyond solely just the organizations themselves having a

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Man jailed after Cannabis factory in his flat leaked into café below

Man jailed after Cannabis factory in his flat leaked into café below

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Cannabis NewsJune 20, 2023

A MAN has been jailed for nine months after a cannabis factory in his flat leaked into the café below causing £600 damage. Lukasz Wudzinski was pinned down and arrested at his home after the landlady called the police when she discovered the locks had been changed. He pleaded guilty to the

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Alabama makes shocking decision to halt Cannabis license process

Alabama makes shocking decision to halt Cannabis license process

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Cannabis NewsJune 20, 2023

Just four days after announcing plans to issue 21 licences to cannabis businesses across the state, Alabama has made a shock U-turn. The Alabama Medical Cannabis Commission AMCC has now voted to halt the progress of all proceedings relating to the medical cannabis business. These included the

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Philly City Council members want to restrict conversion of Marijuana dispensaries

Philly City Council members want to restrict conversion of Marijuana dispensaries

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Cannabis NewsJune 20, 2023

City Council is moving to pass a bill that would limit medical weed distributors from becoming recreational sellers in future. Two Philadelphia City Council members — Republican Brian J. O’Neill and Democrat Curtis Jones Jr. — are moving to block existing medical marijuana dispensaries in their

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Using Credit Card to pay for Marijuana could soon be allowed in Missouri

Using Credit Card to pay for Marijuana could soon be allowed in Missouri

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Cannabis NewsJune 20, 2023

Using plastic to pay for marijuana could soon be allowed in Missouri. Since marijuana is not legalized at the federal level, banks and credit card companies typically won’t allow a credit card for cannabis purchases. But the Missouri Legislature passed a bill this year that would change this. St

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Tennessee to begin taxing sale of hemp based CBD products in July

Tennessee to begin taxing sale of hemp based CBD products in July

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Cannabis NewsJune 20, 2023

CHATTANOOGA - Starting in July the state of Tennessee will begin taxing the sale of hemp-based CBD products. It will be a 6% sales tax, according to the Tennessee Department of Revenue. The TDOR says this is in addition to the standard 7% state sales tax rate and the applicable local option sales

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Your gun or your Ganja: It’s illegal for Marijuana users to own a gun

Your gun or your Ganja: It’s illegal for Marijuana users to own a gun

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Cannabis NewsJune 19, 2023

NEWPORT NEWS - You can own a gun, and you can use marijuana (at least in the states that have legalized it) - but you can’t do both at the same time, regardless of where you live. “If you’re a normal, everyday Virginian who uses marijuana regularly, whether it’s lawfully or unlawfully, it doesn’t

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Two United Airlines employees charged with stealing Marijuana from passenger luggage

Two United Airlines employees charged with stealing Marijuana from passenger luggage

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Cannabis NewsJune 19, 2023

It is reported that the scheme ran for years. Last Friday, the United States Department of Justice charged two United Airlines staff members for stealing marijuana from passenger luggage at San Francisco International Airport. The two are now out on bail and awaiting a trial date. Stealing weed from

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‘Business as usual’ for Superior police ahead of Marijuana Legalization in MN

‘Business as usual’ for Superior police ahead of Marijuana Legalization in MN

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Cannabis NewsJune 15, 2023

23 states across the country have made it legal to purchase, smoke and grow marijuana, and Minnesota will soon be the 24th. While commercial sales are at least a year away, will the change in Minnesota law cause problems for law enforcement in neighboring states? The Chief of police in Superior

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Authorities raid NY shops allegedly selling black-market Cannabis

Authorities raid NY shops allegedly selling black-market Cannabis

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Cannabis NewsJune 15, 2023

Authorities raided five storefronts in upstate New York for allegedly selling illicit cannabis without a state license earlier this week as part of a recent crackdown on black-market marijuana sales. Enforcement teams with the state Office of Cannabis Management inspected the unlicensed marijuana

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Missouri's Cannabis program's success

Missouri's Cannabis program's success

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Cannabis NewsJune 15, 2023

As the cannabis industry continues to expand across the United States, Missouri has emerged as a beacon of successful state-level regulation. (Benzinga) Despite cannabis still being illegal on the federal level, Missouri has implemented a medical cannabis program that has been incredibly successful

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