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Only 24.4% of Cannabis Operators Profitable Due to 280E, Other Challenges

new report The U.S. cannabis market paints a pretty dire picture of how the cannabis industry is doing financially, with just 24.4% of survey respondents saying their business is profitable.…

U.K.-Based Hemp Farm Shuts Down Due to THC in CBD Products

in the British Isles, jersey hemp It is the only farm permitted to grow cannabis. CBD products are licensed to manufacture, but the UK government recently closed the farm Trace…

New Hampshire Rep. Goes from Republican to Independent Due to Rejection of Pot Legalization Bill

Dan Hynes, a member of the New Hampshire House of Representatives, made the announcement on Thursday. Facebook He said he was officially changing party affiliation from Republican to independent because…

Virginia Adult-Use Cannabis Plans Halted Due to Failed Bills

Virginia’s adult-use cannabis sales were scheduled to begin no later than January 1, 2024, but the state’s plans to sell adult-use cannabis have stalled for the foreseeable future. Initially, adult-use…