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NY Cannabis agencies sued by Medical Marijuana providers accused of overreach

NY Cannabis agencies sued by Medical Marijuana providers accused of overreach

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Cannabis NewsMarch 21, 2023

ALBANY - A coalition that includes some of New York's medical marijuana companies sued state cannabis regulators Thursday in an effort to open up licensing to all retail dispensary applicants immediately. The lawsuit, filed in state court in Albany, claims that state cannabis regulators exceeded

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THCa will get you high, but is it legal in Texas?

THCa will get you high, but is it legal in Texas?

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Cannabis NewsMarch 21, 2023

Another hemp-derived cannabinoid has hit the market in Texas. This one is called THCa, short for tetrahydrocannabinolic acid. THCa is naturally occurring in the hemp plant and is a precursor to delta-9 THC, the chief psychoactive ingredient in marijuana that gets users high. THCa isn’t psychoactive

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How Twitter’s new Cannabis advertising policy is reshaping the industry’s future

How Twitter’s new Cannabis advertising policy is reshaping the industry’s future

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Cannabis NewsMarch 21, 2023

One of the major challenges faced by the cannabis industry is limitations on its ability to advertise, due to a combination of state and federal regulations as well as platform-specific rules. Key channels where cannabis brands have had to work around tight restrictions include social media, where

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Japan’s Toyoshima invests in US Hemp fibre producer

Japan’s Toyoshima invests in US Hemp fibre producer

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Cannabis NewsMarch 21, 2023

Japanese textile producer Toyoshima & Co is investing in FyberX to support the industrial-scale US production of its regenerative hemp fibre. Toyoshima has invested in hemp fibre producer FyberX through its corporate venture capital fund, Fashion & Technology No.2 Investment Enterprise Partnership

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How the farm bill could curb the chaos around Hemp products

How the farm bill could curb the chaos around Hemp products

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Cannabis NewsMarch 21, 2023

Five years ago, Congress used the farm bill to legalize hemp production, creating a booming industry but leaving gaping legal loopholes around interstate commerce and derivative cannabis products. Now, advocates in the cannabis industry and lawmakers are hoping to make things right in the next

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How Cannabis technology companies help dispensaries find payment solutions when the Government will not

How Cannabis technology companies help dispensaries find payment solutions when the Government will not

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Cannabis NewsMarch 21, 2023

The United States is witnessing a boom in cannabis retail, which is expected to reach $31.8 billion in annual sales by the end of 2023. (Benzinga) Fueling this growth are cannatech companies that innovate and lead technological advancements within a highly competitive and regulated industry

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A new funding source in the illicit Cannabis industry: China

A new funding source in the illicit Cannabis industry: China

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Cannabis NewsMarch 21, 2023

Multiple states in the West are seeing an increase in Chinese workers and funding at unlicensed cultivation operations. A few days before Christmas, a joint law enforcement task force found nearly 9,000 pounds of cannabis worth almost $15 million during a raid in a suburban neighborhood in Antioch

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Santa Cruz Cannabis warehouse robbed of half a million dollars worth of Marijuana

Santa Cruz Cannabis warehouse robbed of half a million dollars worth of Marijuana

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Cannabis NewsMarch 21, 2023

SANTA CRUZ - Police are looking for the thieves they believe are responsible for recently robbing two cannabis businesses in Santa Cruz. Surveillance video shows multiple cars drive up to a marijuana warehouse around 2:30 a.m. on Thursday, March 16 on Fair Avenue. Thieves in masks get out and begin

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Consumers and businesses need better regulation of Cannabinoids

Consumers and businesses need better regulation of Cannabinoids

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Cannabis NewsMarch 17, 2023

Attorneys Pamela Epstein of Terpene Belt and Andrew Kline of Perkins Coie call on Congress to modernize the 2023 Farm Bill to regulate all intoxicating cannabinoids and protect the safety of businesses and consumers. Our democracy is driven by both laws and fundamental freedoms. Americans expect

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Inflated THC levels and price gouging would be banned under California Bill

Inflated THC levels and price gouging would be banned under California Bill

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Cannabis NewsMarch 17, 2023

AB 1610 would create transparency and tackle inflated THC levels, which leads to price gouging. Enormous pressure to maximize THC levels falls upon cultivators, manufacturers, and labs. And when THC levels are inflated, it creates unrealistic expectations for higher numbers, and it erodes trust in

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Germany to introduce bill to legalize Cannabis in the coming weeks

Germany to introduce bill to legalize Cannabis in the coming weeks

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Cannabis NewsMarch 16, 2023

Germany's plan to legalize cannabis has received positive feedback from the European Union. According to Health Minister Karl Lauterbach, who announced that a bill for the legalization of cannabis would be introduced in the coming weeks. Germany is moving forward with its plan to legalize cannabis

Marijuana Business News

North Shore Community College to offer certificate in "Cannabis operations"

North Shore Community College to offer certificate in "Cannabis operations"

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Cannabis NewsMarch 16, 2023

LYNN - North Shore Community College is now offering a Cannabis Cultivation and Retail certificate. The college, which has campuses in Lynn and Danvers, said students will need to complete a 16-credit, two-semester program to earn the certificate. The program will be held at the Lynn campus. "This

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Bill to legalize Marijuana gets addition to regulate Hemp edibles

Bill to legalize Marijuana gets addition to regulate Hemp edibles

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Cannabis NewsMarch 16, 2023

ST PAUL - Legislation to legalize recreational marijuana for adults in Minnesota underwent a major rewrite. Tuesday the addition of new language to regulate and protect the state’s burgeoning industry in low-potency edibles and drinkables was made. Low-potency products containing THC derived from

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UFC fighter Sean O’Malley wants to surpass Connor McGregor in earnings and Cannabis is part of his plan

UFC fighter Sean O’Malley wants to surpass Connor McGregor in earnings and Cannabis is part of his plan

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Cannabis NewsMarch 16, 2023

O'Malley believes getting into cannabis with his own signature strain could be a '$100 million venture'. Connor McGregor was the sports world’s highest-paid athlete in 2021, earning more than US$181 million, according to Forbes. The majority of those earnings were attributed to McGregor selling his

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Slow pace of dispensary openings leaves Fresno, CA. with budget shortfall

Slow pace of dispensary openings leaves Fresno, CA. with budget shortfall

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Cannabis NewsMarch 16, 2023

Fresno, California is facing a budget shortfall of more than $3 million caused by the slow pace of cannabis dispensary openings in the city. The slow pace of retail cannabis dispensary openings in Fresno, California has led to a budget shortfall of more than $3 million for 2023, prompting city

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UN issues ‘warning’ to USA over Cannabis laws suggesting repeal

UN issues ‘warning’ to USA over Cannabis laws suggesting repeal

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Cannabis NewsMarch 16, 2023

The International Narcotics Control Board issued a “warning” about USA adult-use cannabis laws. The United Nations’ (UN) narcotics watchdog issued a press release on March 9, saying that U.S. adult-use cannabis laws are out of sync with the 1961 Single Convention on Narcotic Drugs, (with roots in

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Legal adult-use Cannabis poses challenges to employers

Legal adult-use Cannabis poses challenges to employers

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Cannabis NewsMarch 15, 2023

What is deemed "off-duty" and how do you tell if someone might be impaired on the clock? Employers are learning fast that some answers are complicated. Employers in New York have a lot of questions now that adult-use cannabis is legal, and it will likely require internal reviews of company policies

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Maine agencies bristle at Cannabis social clubs proposal

Maine agencies bristle at Cannabis social clubs proposal

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Cannabis NewsMarch 15, 2023

An effort to allow cannabis to be consumed at the same place it’s sold is running into opposition from Maine’s attorney general and highway safety bureau. State lawmakers have wrestled with allowing on-site consumption of cannabis ever since Maine voters legalized adult use of the drug in 2016. That

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Mississippi farmers pivot from Hemp to Pot

Mississippi farmers pivot from Hemp to Pot

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Cannabis NewsMarch 15, 2023

The state of Mississippi legalized medical cannabis last year. With medical cannabis now officially live in Mississippi, a local newspaper is spotlighting a family that brought the newly legal crop to their county––and their farm. The Daily Leader of Brookhaven, Mississippi has the story out of

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Legal Weed sales projected to grow 14% in 2023

Legal Weed sales projected to grow 14% in 2023

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Cannabis NewsMarch 15, 2023

Legal sales of cannabis in the United States are expected to grow by 14% this year, according to a leading industry market data analysis firm. Sales of legal cannabis in the United States are projected to grow by 14% in 2023, according to a recent report from Colorado-based cannabis industry market

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