Cannabis Industry Woes: It’s Not Just Skymint, Another 4 Michigan Weed Companies Now In Receivership
© Provided by Benzinga Michigan’s Skymint is not the only cannabis operator under the control of a receiver, according to Crain’s Detroit Business. At least another four marijuana companies are in receivership. APPLE INC. -2.09 -1.39% CONSTELLATION BRANDS,...
Congressional Bill Punishing Illegal Marijuana Grows Aims To Protect Consumers From Pesticides, Sponsors Say
Bipartisan congressional lawmakers have refiled a bill to combat illicit marijuana grows on federal lands, framing it as a way that the federal government can help protect cannabis consumers’ health from banned pesticides that are often used in unregulated...
This Cannabis Stock Is Making Good Moves, But Debt Load Is Still High, Says Analyst
Ayr Wellness Inc. (OTCQX:AYRWF) reported its financial results Thursday for the fourth quarter and full year of 2022, with annual revenue of $465.6 million and increase of 30.3% compared to $357.6 million in 2021. Q4 2022 Financial Highlights...
First-of-its-kind cannabis lounge opens in Montgomery County — here’s what to know
A new lounge has residents in Burtonsville, Maryland talking. Ceylon House is a cannabis lounge. Never heard of anything like this? Well, this cannabis lounge in Montgomery County is the first in the state of Maryland. Essentially, it is a bar-type hangout...
Cannabis grant awarded to 27 small Colorado businesses
For small business owners in the cannabis industry, it can often be difficult to find traditional funding sources due to the nature of the marijuana industry and its illegal federal status. The Cannabis Business Office, within the Colorado Office of Economic...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Illinois cannabis business weighs in on Kentucky medical cannabis legislation
Medical marijuana is coming to Kentucky next year. In the neighboring state of Illinois, it’s been legal for more than 10 years. Cannabis business owners there said this new Kentucky …
DEA Rescheduling, Pa. Legalization Efforts May Breathe New Life Into Cannabis Practices
There’s not a legal practice area that hasn’t touched or worked for our cannabis practice here,” said Duane Morris cannabis practice co-leader Paul Josephson.
Cannabis industry’s economic impact could be harmed by legislation
Concerns grow about the legislation, given the industry’s economic impact on the state. The current law allows the sale of items with up to eight milligrams, but under Sen. Thomas Pressly’s Senate …
Cannabis Stocks Soar as U.S. Eases Regulations: What Investors Need to Know Now
The U.S. decision to reschedule cannabis is revitalizing the industry’s stock market, lowering entry barriers, enhancing investment, and promising growth through innovation and expanded consumer bases …
Hundreds of Vendors to Set Up at New England Cannabis Convention in Boston
© Provided by NBC Boston The cannabis industry is evolving in Massachusetts, with competition eating away profits and prices plummeting per ounce as more dispensaries enter the market. “Everybody’s looking at that newest technology to maximize...
BUSINESS BEAT: New medical cannabis dispensary coming to downtown Huntington
HUNTINGTON — A new medical cannabis dispensary is coming soon to the 900 block of 3rd Avenue in downtown Huntington, across from Pullman Square in the former Battlearium location. Pending all of its needed approvals, Cannabist is expected to open toward the end of the...
The 22 states that have legalized recreational marijuana — and the four holdouts
A handful of states are making strides to legalize marijuana for recreational use in 2023. They are introducing either legislation or ballot initiatives to expand its usage beyond medical purposes, but not every locality is embracing the march toward legalization. The...
Implement Standard Operating Procedures For Your Cannabis Business And Minimize Risks
© Provided by Benzinga On International Women’s Day, we’re thrilled to share a look at the amazing work being done by Kady Cravens, CEO and founder of BuildMySOP.com, an interactive software that supports the cannabis industry with standard...
Cannabis Business In Trouble? Learn About Accessing Capital, Get Back On Track With Canaccord
© Provided by Benzinga Looking to access global capital markets and connecting the right idea with the right client at the right time? We have the contacts and expertise to help you find just the right investors. After the overwhelming success of last year’s...
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