Call for ‘recommitment’ as medicinal cannabis industry makes profit for the first time
JERSEY’S medicinal cannabis industry turned a profit for the first time last year with over £12m of revenue, almost £50m of investment and 70 people working in the sector. There is now a burgeoning …
Cannabis industry files new legal challenge to Michigan’s 24% marijuana wholesale tax
The Cannabis Industry Association says the 24% wholesale tax effectively sets a higher rate on marijuana sales than the 6% sales tax rate set in the Michigan Constitution.
Minnesota cannabis: New rules mixing medical, recreational and hemp operations face mixed reviews
Cannabis and hemp businesses in Minnesota are bracing for new rules that could reshape the industry, sparking debate among business owners, lawmakers and tribal leaders.
Michigan marijuana industry files second lawsuit over 24% tax
The second lawsuit challenges the legality of the taxing structure set up by the state, which the cannabis association says will create a “pyramiding” tax structure.
White House Schedules More Meetings On Cannabis Product Enforcement Policy From FDA For This Week
The White House now scheduled a total of four meetings with cannabis industry and research stakeholders this week to discuss a proposed enforcement policy for CBD products. The Office of Information …
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.
This insider says reclassification could revitalize Arizona’s medical marijuana industry
The Trump administration has reclassified medical marijuana — moving it from a Schedule I to a Schedule III drug.
Federal marijuana reclassification could expand research, ease tax burden for cannabis businesses
The change could also bring financial relief to the cannabis industry, which has long faced heavy tax burdens under federal law. “It will allow state-licensed cannabis businesses to be able to start …
WA dispensaries celebrate federal reclassification of medical marijuana
We see a lot of businesses that are really struggling right now, that just really aren’t profitable.” On Thursday, the federal rescheduling of medical marijuana offered a silver lining for the …
Does Cannabis Legalization Spur More Innovation Than Medical Research?
The rescheduling of medical cannabis marks one of the most significant U.S. drug policy shifts in years, potentially easing barriers for researchers studying cannabis.
A Michigan resort town wants to reverse course on cannabis businesses
Several marijuana retail stores have opened in New Buffalo Township and residents say the community’s character has changed.
A Lake Michigan resort town rethinks cannabis expansion
Several marijuana retail stores have opened in New Buffalo Township and residents say the community’s character has changed.
Cannabis regulators urged to freeze new cultivation licenses as prices hit record lows
The BBJ’s editorial board has called on the Mass. Cannabis Control Commission should freeze new cultivation licenses in an effort to stabilize an oversaturated market and protect small towns relying …
Albert Lea, LeRoy communities welcome new cannabis dispensaries
Cannabis has been a budding industry in SE Minnesota as recently, both Albert Lea and LeRoy have expanded their local markets.It was not an overnight development to bring in the new business to LeRoy.
Marijuana delivery extended to midnight in town north of Ann Arbor
NORTHFIELD TWP., MI — Owners of a marijuana business north of Ann Arbor are happy that local officials extended delivery hours after they faced violations for state regulators. Northfield Township, …
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