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6 Lessons for Success in New York Cannabis

6 Lessons for Success in New York Cannabis

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Cannabis NewsJanuary 19, 2024

Essential Advice for Those Looking to Enter the New York Cannabis Industry. Over the past week I’ve received many calls from in- and out-of-state residents looking to enter the New York cannabis industry. Some have applied for licenses and are stuck in processing hell, awaiting confirmation from the

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Will Virginia lawmakers legalize retail Marijuana sales this year?

Will Virginia lawmakers legalize retail Marijuana sales this year?

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Cannabis NewsJanuary 18, 2024

Dustin Weekley has a wide variety of CBD products on the shelves at Bountifuel Utopia in Norfolk, but there's one thing not on the shelves — actual marijuana. "There would definitely be a market for it," he told News 3 earlier this month. Despite marijuana possession becoming legal in Virginia in

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Canopy Growth Raises $35M Selling Units

Canopy Growth Raises $35M Selling Units

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Cannabis NewsJanuary 18, 2024

Canopy Growth Announces US$35 Million Private Placement Offering. Canopy Growth Corporation, today announced that it has entered into subscription agreements (the “Subscription Agreements”), dated as of January 18, 2024, with certain institutional investors (the “Investors”) in a private placement

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New Cannabis Dispensary 'NOXX Cannabis' Opens in East Peoria

New Cannabis Dispensary 'NOXX Cannabis' Opens in East Peoria

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Cannabis NewsJanuary 18, 2024

Now Open, NOXX Cannabis Offers 25% Off the Entire Store as it Prepares for its Grand Opening Celebration. The newest cannabis dispensary in East Peoria, NOXX Cannabis is now open and serving recreational marijuana customers. Located at 300 S Main St, the dispensary is currently offering 25% off the

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DeWine looks to keep ‘intoxicating Hemp’ away from children

DeWine looks to keep ‘intoxicating Hemp’ away from children

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Cannabis NewsJanuary 18, 2024

Delta-8 THC is a compound that can be found hemp. When concentrated or manipulated, it can give people a high when consumed, just like marijuana. “Well, Delta-8 has gotten a lot easier to get now,” said Gary Wenk, a professor of behavioral science at Ohio State University. It can be easily

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Colorado Springs Marijuana dispensaries closing after failure of recreational sales question

Colorado Springs Marijuana dispensaries closing after failure of recreational sales question

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Cannabis NewsJanuary 18, 2024

Dispensaries Closing in Colorado Springs After Voters Reject Legalization. Since voters declined to legalize recreational marijuana sales in Colorado Springs in November 2022, dispensaries in town have started to close as proponents of the ballot question predicted. The number of medical marijuana

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Should Oregon put limits on Marijuana producers?

Should Oregon put limits on Marijuana producers?

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Cannabis NewsJanuary 18, 2024

Marijuana producers want the state of Oregon to step in and limit the number of marijuana producers. They say there’s more farms, processors and sellers than Oregon needs at more than 3,000 licenses. It creates a glut of pot. It makes it challenging for businesses to stay afloat. The Cannabis

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Cannabis company files appeal with the Alabama Supreme Court

Cannabis company files appeal with the Alabama Supreme Court

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Cannabis NewsJanuary 18, 2024

A company awarded an integrated license has asked the Alabama Supreme Court to toss out a restraining order. The fight over Alabama medical cannabis licenses is headed to the state’s supreme court. Trulieve AL, Inc., on Wednesday, filed notice of an appeal with the Alabama Supreme Court, stating its

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FDA Review Finds Marijuana Eligible For Less Strict Classification

FDA Review Finds Marijuana Eligible For Less Strict Classification

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Cannabis NewsJanuary 18, 2024

Federal Review Finds Marijuana Eligible for Less Strict Classification Under Drug Laws. A federal review of cannabis research has determined that marijuana is eligible for less strict classification under federal drug laws, according to documents released last week by the U.S. Department of Health

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Cannabis Hydroponics Firm Embroiled in SEC Stock Fraud Case

Cannabis Hydroponics Firm Embroiled in SEC Stock Fraud Case

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Cannabis NewsJanuary 17, 2024

A classic case of pump n' dump. The Securities and Exchange Commission has filed a lawsuit against three individuals, Jonathan Farber, Aarif Jamani, and Brian Keasberry, for their involvement in a sophisticated stock manipulation scheme involving County Line Energy Inc., a small public company based

Marijuana Business News

Will legal Marijuana make Ohio colleges grow?

Will legal Marijuana make Ohio colleges grow?

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Cannabis NewsJanuary 17, 2024

Ohio voters approved adult-use marijuana in November. It became legal to use and possess cannabis products last month. Republicans in the Ohio Senate's attempted to make major changes to the law but the House has not taken the bill up. Lawmakers are expected to revisit the issue. Colleges in states

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Sunland Park leads El Paso border towns in Marijuana sales

Sunland Park leads El Paso border towns in Marijuana sales

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Cannabis NewsJanuary 17, 2024

Sunland Park, New Mexico remains a significant driver of marijuana sales in the El Paso area. The introduction of New Mexico's cannabis industry to El Paso has facilitated easy access to legal marijuana, and Sunland Park dispensaries consistently attract a significant share of their customers from

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Marijuana dispensary opens on Arkansas-Missouri border

Marijuana dispensary opens on Arkansas-Missouri border

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Cannabis NewsJanuary 17, 2024

Flora Farms Opens New Cannabis Dispensary in Pineville, Missouri, Near Arkansas Border. Flora Farms, a M issouri-based company that sells cannabis, has opened a new dispensary in Pineville, Mo., a town just across the Arkansas state line north of Bella Vista along U.S. Highway 71. The new location

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US Cannabis Stock Prices up 25% Since Publication of Rescheduling Recommendation

US Cannabis Stock Prices up 25% Since Publication of Rescheduling Recommendation

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Cannabis NewsJanuary 17, 2024

US Cannabis Stocks Surge Over 25% Following the Publication of Cannabis Rescheduling Recommendation. US cannabis stock prices have rallied once again this week following the publication of the fully unredacted 252-page cannabis rescheduling recommendation. While speculation and punditry has moved at

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Recalls increase for tainted Marijuana, as the industry calls for a study

Recalls increase for tainted Marijuana, as the industry calls for a study

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Cannabis NewsJanuary 16, 2024

There’s so much mold and fungus in the world that scientists believe people probably breathe a little in everyday. But Colorado still doesn’t want it in cannabis. Last year, there was a sharp increase in health and safety advisories from the state’s Marijuana Enforcement Division. The sweeping

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New Ontario Cannabis rules could have ‘Amazon effect’ on industry

New Ontario Cannabis rules could have ‘Amazon effect’ on industry

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Cannabis NewsJanuary 16, 2024

Small cannabis retailers are calling on the Ford government to reconsider recent changes to industry rules that some businesses fear could crush mom-and-pop operations in Ontario. In a New Year’s Day regulation, the Ontario government increased the cap on the number of stores a licensed company can

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State Updates Actions on Unlicensed Cannabis Shops

State Updates Actions on Unlicensed Cannabis Shops

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Cannabis NewsJanuary 15, 2024

New York State Cannabis Enforcement Actions: December 2023 Recap. Inspections & Seizures: During the month of December, investigators from OCM and the Department of Taxation and Finance (DTF) inspected 48 shops, including 17 re-inspections, suspected of selling unlicensed cannabis. These inspections

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Volume and new stores help legal Cannabis revenue soar in BC, despite price declines

Volume and new stores help legal Cannabis revenue soar in BC, despite price declines

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Cannabis NewsJanuary 12, 2024

BC had 490 cannabis stores at end of September, 8,4% more than one year earlier. Legal cannabis sales in B.C. continue to soar five years after the first legal cannabis stores opened in Vancouver. The problem for operators is that there is much more competition, and prices for the products have

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Curaleaf CEO on why partnerships matter for the state's nascent weed industry

Curaleaf CEO on why partnerships matter for the state's nascent weed industry

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Cannabis NewsJanuary 12, 2024

Curaleaf is one of six licensed medical marijuana companies in New York to receive the green light to begin recreational operations. As of mid-December, Curaleaf Holdings was one of six licensed medical marijuana companies in New York to receive the formal green light to begin recreational

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Unrolling confusion: Ohio's new Marijuana laws stir up questions and ambiguity

Unrolling confusion: Ohio's new Marijuana laws stir up questions and ambiguity

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Cannabis NewsJanuary 11, 2024

Two months after Ohioans voted to pass it, a lot of questions are being asked regarding the legalization of marijuana. Mike Petrella, owner of Ohio Valley Natural Relief who advocated for Issue 2's passing, says it has come with a puff of confusion. "We funnel a lot of phone calls, emails of just

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