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Cannabis industry challenges In 2023

Cannabis industry challenges In 2023

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Cannabis NewsApril 19, 2023

These are some of the challenges that the Cannabis industry must overcome in 2023. The cannabis industry has experienced exponential growth in recent years thanks to legalization in several countries and states, and is expected to continue to grow in the coming years. However, the success of the

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Outrageous loans, plummeting prices spell trouble for Cannabis industry

Outrageous loans, plummeting prices spell trouble for Cannabis industry

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Cannabis NewsApril 17, 2023

CBR Funding lent Transcend $3.7 million in March 2022 to acquire at least portion of the Harvest Park property. The property is att 10310 Harvest Park Drive, east of General Motor’s Delta Township plant, from its original developers. The promise of riches brought thousands to the Michigan marijuana

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Majority of South Carolina adults support Cannabis

Majority of South Carolina adults support Cannabis

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Cannabis NewsApril 14, 2023

A survey found that the majority of South Carolina adults are in favor of legal medical cannabis and adult-use cannabis. It appears that adults in South Carolina are backing legal medical cannabis, and the majority also support recreational use, according to a new poll. The poll, conducted by

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Majority in Finland favour cannabis decriminalisation

Majority in Finland favour cannabis decriminalisation

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Cannabis NewsApril 14, 2023

For the first time in the survey's 30-year history, more people said they think that using cannabis regularly is not as risky as weekly binge drinking. Negative attitudes towards recreational drugs appear to be in decline, according to a survey by the Institute for Health and Welfare (THL). The

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Study finds alterations in brain connectivity among young adult Cannabis users

Study finds alterations in brain connectivity among young adult Cannabis users

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Cannabis NewsApril 13, 2023

Globally, cannabis use has increased in recent years. According to the World Health Organization (WHO), about 147 million people, or 2.5% of the world population, consume cannabis. The neurobiological mechanisms of cannabis are yet to be identified, particularly in youth. Cannabis dependence has

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Top 5 benefits of Medical Cannabis

Top 5 benefits of Medical Cannabis

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Cannabis NewsApril 13, 2023

Medical cannabis, also known as medical marijuana, is a form of treatment that uses cannabis plants or its extracts to alleviate symptoms of various medical conditions. It has been gaining attention in recent years due to its potential health benefits. The plant contains compounds called

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Medical Cannabis Doctor sues state health department

Medical Cannabis Doctor sues state health department

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Cannabis NewsApril 12, 2023

A Florida doctor who was targeted by the health department is suing for “grossly exceeding their authority” and $50,000 in damages. Florida-based medical cannabis doctor, Dr. Joseph Dorn, is suing state health officials for attempting to strip him of his medical license, prohibit him from

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Council approves $64 million for Medical Cannabis business

Council approves $64 million for Medical Cannabis business

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Cannabis NewsApril 11, 2023

EBCI (Eastern Band of Cherokee Indians) Enterprises, LLC will receive $64 million for its medical cannabis business for operational costs including staffing, increased infrastructure at its grow site, and to finish a retail facility. The money, approved by Tribal Council during its regular meeting

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CBD show great promise for autism spectrum disorder

CBD show great promise for autism spectrum disorder

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Cannabis NewsApril 11, 2023

CBDV is currently being studied on adults and children with autism spectrum disorder. Learn more about CBDV and CBD studies here. Autism Spectrum Disorder affects millions of people across the globe, and there is a real need for new medications that can help with the social and behavioral challenges

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How ‘equity’ ruined Cannabis legalization in New York

How ‘equity’ ruined Cannabis legalization in New York

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Cannabis NewsApril 10, 2023

New York’s legal weed experiment is going about as poorly as possible. Earlier this week, the state finally signed off on a handful of new dispensary licenses, a full two years after legalization. Illegal pot shops, meanwhile, have gotten so common — and so attractive to criminals — that Gov. Hochul

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Study exposes barriers, safety concerns for Medical Cannabis use in Canada

Study exposes barriers, safety concerns for Medical Cannabis use in Canada

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Cannabis NewsApril 6, 2023

A majority of Canadians who require medical cannabis are obtaining their products through the recreational market rather than the medical system, raising health and safety concerns, according to a massive new study led by a UM researcher. The 5,744-participant study, titled Medical Cannabis Access

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Elite athletes tolerate topical CBD treatment with minor side effects

Elite athletes tolerate topical CBD treatment with minor side effects

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Cannabis NewsApril 6, 2023

A new study found that topical CBD significantly benefits elite athletes struggling with chronic lower extremity pain, opening up new possibilities for safe and effective pain management in sports. The use of CBD in sports is not new, as it has catalyzed the interests of many athletes at different

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Virginia lawmakers to weigh Youngkin’s changes to hemp bill

Virginia lawmakers to weigh Youngkin’s changes to hemp bill

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Cannabis NewsApril 12, 2023

RICHMOND - Gov. Glenn Youngkin has proposed a rewrite of a bill that aimed to ban the recreational sales of intoxicating hemp-derived products, seeking to ensure the continued availability of certain therapeutic CBD formulations. Youngkin’s proposed changes came after hemp industry advocates and

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Technology leading the way in Cannabis industry efficiency

Technology leading the way in Cannabis industry efficiency

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Cannabis NewsApril 12, 2023

The Fourth Industrial Revolution is a game-changer for cannabis businesses, providing leaders with the tools they need to grow and scale their operations effectively and profitably. THE CANNABIS INDUSTRY is booming, and businesses are racing to maximize efficiency and profitability through the

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Kentucky lawmakers approve Medical Cannabis access legislation

Kentucky lawmakers approve Medical Cannabis access legislation

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Cannabis NewsApril 5, 2023

“Today is an incredible victory for Kentucky,” said Matthew Bratcher, Executive Director of Kentucky NORML. “For years, Kentuckians have been calling for medical cannabis legalization, and with this passage they will soon have the freedom to safely access regulated, therapeutic products right here

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Brazilian states take lead on medicinal cannabis legislation as federal government drags its feet

Brazilian states take lead on medicinal cannabis legislation as federal government drags its feet

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Cannabis NewsApril 4, 2023

São Paulo, Brazil – Due to an increase in medical cannabis prescriptions, Brazilian states have passed laws to regulate the distribution of cannabis by the public health system, a step the federal government has failed to take for eight years while national legislation is being debated in Congress

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Voters around Kansas City are deciding on higher taxes for weed

Voters around Kansas City are deciding on higher taxes for weed

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Cannabis NewsApril 4, 2023

On the April 4 municipal ballot, Kansas City voters will be asked to add an additional 3% tax onto sales of recreational marijuana within city limits. Voters in other municipalities around the metro — including Jackson County, Grandview and Liberty — will have a similar question to answer. From a

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Despite increased demand, Marijuana experts not concerned about shortages

Despite increased demand, Marijuana experts not concerned about shortages

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Cannabis NewsApril 4, 2023

Even with the demand for recreational marijuana exceeding expectations, experts say Missouri customers don’t need to worry about major shortages or price hikes for now. Andrew Mullins, executive director of the Missouri Cannabis Trade Association, also known as MoCann Trade, said while Missouri saw

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Before focusing on recreational, we must make more progress in Medicinal Cannabis

Before focusing on recreational, we must make more progress in Medicinal Cannabis

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Cannabis NewsApril 3, 2023

A year has passed in which Bill 21,388 on Cannabis for medicinal and therapeutic use and hemp for food and industrial use was approved. Do you remember? For this reason, we spoke exclusively with the former deputy of the Costa Rican Legislative Branch, ZoilaVolio, who informed us of the progress of

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Legal or illegal, Marijuana is anything but benign

Legal or illegal, Marijuana is anything but benign

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Cannabis NewsApril 3, 2023

Illinois is what I would call a pot-friendly state. Sales at the state's 113 dispensaries reached a record $1.5 billion in 2022 and added $462 million in tax revenue to the state's coffers. A first in the nation, Illinois is in the process of expunging an estimated 700,000 marijuana-related police

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