He spent 14 years in prison for medical marijuana. Is change in federal law overdue?
Luke Scarmazzo is back home in California after serving more than 14 years in federal prison for helping to run a nonprofit medical marijuana collective – an everyday business under state law but forbidden, then and now, by the U.S. government, which classifies the...
Putting dampers on the cannabis business
Health regulator’s classification has set back growth, say industry insiders. But the president says urgent work was being finalised by government to create an enabling environment 12 February 2023 – 07:20 The health regulator has been slammed for...
Illegal marijuana store prospers across the street from City Hall
An unlicensed Big Apple weed shop is blowing off authorities and brazenly keeping the good times — and joints — rolling, right under City Hall’s nose. Jungle Boys smugly operates out of the landmarked Broadway building that’s also home to some of Mayor Eric Adams’...
Spain’s Cannabis Cultivation Authorization: Patients Left Behind?
© Provided by Benzinga By Lucia Tedesco Via El Planteo APPLE INC. +0.37 +0.25% CONSTELLATION BRANDS, INC. +1.42 +0.63% TESLA, INC. -10.43 -5.03% AMAZON.COM, INC. -0.63 -0.64% Last year, an opinion was approved to implement the regulation of medicinal cannabis in...
First NYS adult-use cannabis dispensary in Upstate NY, Southern Tier opens for business
“We want to make sure this goes smooth all the time and set a good example for the days to come,” On Point Cannabis CEO Damien Cornwell says. BINGHAMTON, N.Y. — The first adult-use cannabis dispensary north of New York City opened for business Friday on...
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.
Cannabis rescheduling may boost market, but banking uncertainties loom
The Drug Enforcement Administration’s early moves to reschedule cannabis could spur some banks to get interested in the market, but experts say without a legislative fix the fundamental risks to …
Marijuana ‘theme park’ was scam to make man $600,000, feds say. ‘Bud and breakfast’
Nearly two dozen investors were duped by a salesman’s “wildly optimistic” promises about a marijuana “theme park” in Alaska, according to federal prosecutors. Those promises cost them more than …
How Many Americans Work In The Legal Cannabis Industry In 2024?
This article was originally published on Cannabis.net and appears here with permission. The marijuana industry now employs over 440,000 Americans and the plant is still Federally illegal.
High Hopes: U.S. Marijuana Stocks Eye Exchange Listing
The recent announcement by the Drug Enforcement Agency (DEA) regarding its intention to reclassify marijuana stocks may have opened the door for …
Illinois Announces Launch of Cannabis Disparity Study
Illinois Announces Launch of Cannabis Disparity Study | High Times Total 12...
Greene man gets 41 months for marijuana trafficking
PORTLAND — A Greene man was sentenced Thursday to 41 months in federal prison for his role in an illegal marijuana growing and distribution scheme in Auburn under the guise of Maine’s medical marijuana program. Tyler Poland in 2018 Androscoggin County Jail photo In...
Cannabis Business Loans that Support Your Business
As a cannabis business owner, you understand that you need the right conditions to see your company thrive and grow. A cannabis business loan can give you the working capital you need to develop your business and remain competitive in an increasingly competitive...
Former Business Insider cannabis reporter starts Cultivated newsletter
Jeremy Berke Former Business Insider cannabis reporter Jeremy Berke has started a newsletter called Cultivated to cover the industry. “While I believe my primary audience will serve those who work in the cannabis industry, I want it to be generally...
Why Cannabis Taxes Will Be Hard To Predict
cannabis legalization and decisions on how to tax it getty When a state legalizes cannabis, it also needs to decide how to tax the new industry. Should taxes be levied on the sale price of marijuana, or maybe its weight, or potency? How high should taxes be? Here are...
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