Industry

HHS Recommends Rescheduling Cannabis, Surprising an Entire Industry

In the most unexpected development to hit the cannabis industry in years, U.S. Department of Health and Human Services (HHS) Secretary Xavier Becerra has announced that, based on data and…

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Cannabis Industry Banks Still at Risk Without Passage of the Safe Banking Act

Here we cross our fingers again and hope the Senate approves the bill. Safe and fair enforcement banking law (SAFE Banking Act). The law provides banks with regulatory protections, allowing…

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Is the Cannabis Industry Sitting On An Untouched Gold Mine Of Innovation?

Universities across the country are working on all areas of research and development to advance cannabis cultivation, medicine, drug delivery and technology. But these innovations are gathering dust because universities…

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Catalonia Crackdown: Spanish Region Reins In Cannabis Industry

Interesting article published by Reuters on Wednesday Focused on law enforcement responses to illegal cannabis production and trafficking in the Catalonia region of Spain. “Heavy-armed police arrived in a wealthy…

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Colorado Cannabis Industry Continues to Face Uncertainty

Recent reports from denver post Analyzing the post-pandemic impact on the cannabis industry in Colorado. Combined recreational and medical cannabis sales in the state once peaked at $226 million, but…

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Cannabis Industry Paid $1.8 Billion in Excess Taxes in 2022

The cannabis industry paid more than $1.8 billion in additional taxes in 2022 alone, according to data from cannabis research firm Whitney Economics. And, spoiler alert: This article does not…

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Oklahoma Senate Passes Bill Targeting Illegal Weed Industry

On Tuesday, the Oklahoma Senate approved a law targeting the illegal cannabis industry, requiring medical marijuana businesses to provide proof that they legally occupy the land on which they operate.…

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San Diego Receives Cannabis Equity Grant To Boost Local Weed Industry

Finally, San Diego received a grant from the state as part of a program designed to help the city boost its local cannabis industry. Southern California cities last month received…

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California Announces New Grant Program To Bolster Cannabis Industry

California offers millions of dollars in grants to expand access to the regulated cannabis industry. the country announced last week. cannabis control bureau Said The grant program is the first…

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Oregon Cannabis Industry in ‘Weakest Economic Position’ Since Launch in 2016

Oregon’s recreational cannabis industry is at its “weakest” economy since the legal market began in 2016. According to a new report released by state regulators. A report released last week…

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Argentina Launches New Agency To Boost Cannabis Industry

Argentina formally inaugurated a new government agency Wednesday as part of an effort to bolster the country’s medical marijuana and hemp industries. Reuters report The agency, known as the Regulatory…

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Cannabis Industry Gives Back This Holiday Season

Seasonal slogans like ‘holiday spirit’ and ‘season of giving’ serve as yearly reminders to give back to those in need. Below is a great example of how the cannabis business…

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Cannabis Industry Comes Together To Offer Free Turkeys, Canned Food Drives for Thanksgiving

Cannabis has always paired well with Thanksgiving, either as a way to enjoy the holidays with those we love, or as a way to help build tolerance for certain skeptical,…

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Rep. Pete Sessions Compares Weed Industry to Slavery

Republican Rep. Pete Sessions (R-Texas) faces universal backlash from officials and NORML leaders after making “shameful” remarks comparing the cannabis industry to slavery. House Oversight Committee Hearings November 15th in…

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Medical Cannabis Donations From Within the Industry Help Reduce Opioid Use

A recent California law provides a legal channel for licensed cannabis businesses to donate surplus or expired product to eligible patients at no charge. One of the longest-running chapters of…

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Legislative Report Projects $72 Billion Cannabis Industry By 2030

A new legislative report submitted to Maryland legislators this week projects that the national market for legal cannabis could reach $72 billion annually by 2030, which is the current market…

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California Cannabis Industry Association White Paper Discusses Dangers of Unregulated Hemp Products

California Cannabis Industry Association white paper Address the cannabinoid market situation. Whitepaper “Pandora’s Box: The Dangers of the Unregulated Hemp-Derived Intoxicating Cannabinoid Market,” Featuring Principal Author Tiffany Devitt and Other…

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Former Arkansas Gov. Mike Huckabee Slams Cannabis Industry, Says It Targets ‘Gullible’ People

In a series of videos, former Arkansas Gov. Mike Huckabee warned that legalizing adult-use marijuana in Arkansas would help drug cartels and the cannabis industry “make money from gullible people.”…

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Nevada Cannabis Industry Rings Up Nearly $1 Billion in Yearly Sales

Nevada’s cannabis industry will generate more than $965 million in taxable sales in fiscal 2022, down slightly from the previous year’s record $1 billion. The regulated sale of marijuana has…

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Seattle Mayor Introduces Bills to Enhance Equity in Cannabis Industry

People are asking, voices are being heard calling for a fairer cannabis industry, and leaders in Seattle, Washington are making changes. Seattle Mayor Bruce Harrell introduced three new bills A…

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