Why Many Cannabis Businesses Are Cautionary Tales – And How a Growth Industry Can Learn from Growing Pains
© Provided by Benzinga It’s well-known that the cannabis industry is undergoing a rapid and massive transformation as revenue projections for the nascent, legalized industry expect to reach $50 billion in the next three years. Yet despite this economic promise,...
Seattle cannabis marketplace Leafly to cut 56 jobs
© Provided by Geekwire Leafly CEO Yoko Miyashita. (Leafly Photo) Leafly, the Seattle-based online cannabis marketplace, is cutting 56 positions, or 21% of its workforce, the company announced this week. APPLE INC. +2.58 +1.80% CONSTELLATION BRANDS, INC. +0.59 +0.26%...
Why commitment, efficiency are important for budding cannabis sector
Insurance is frequently seen by those in the industry as a black-and-white numbers game — the prevailing sentiment often being, the more people, businesses and industries you can serve, the better. While I believe diversification has its place in selling some...
Germany Cannabis Legalization Draft Leaks, Criticism Rolls in
© Provided by TheStreet Put it back in! The legislation to legalize cannabis in Germany isn’t done yet. APPLE INC. -0.47 -0.33% CONSTELLATION BRANDS, INC. -0.73 -0.33% TESLA, INC. -14.76 -6.65% AMAZON.COM, INC. +0.18 +0.16% Any writer will tell you that the...
First Illinois cannabis infusers open in Hazel Crest and Pekin as industry slowly begins to take off
The opening of the first two licensed cannabis infusers in Illinois shows that having startup money and making business connections are crucial to overcome some of the obstacles facing the industry. Infusers buy cannabis oil from growers, and infuse it into edibles,...
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.
Police bust one of Michigan’s largest illegal marijuana grow operations to date
Despite Michigan’s bountiful, and inexpensive, legal market that sold more than $3 billion of marijuana last year, Michigan’s illicit market is thriving, according to the Michigan State Police.
Marijuana REIT Chicago Atlantic reports 17% interest income increase for 2023
Senior management of marijuana REIT Chicago Atlantic Real Estate Finance said federal reform is growing investment and improving equity.
Minnesota cracks down on illegal sales of raw cannabis flower
selling raw cannabis flower is currently illegal because OCM has not yet issued any cannabis business licenses. OCM has received complaints of retailers selling cannabis flower under the label of hemp …
Biden Continues To Block Weed Sales In DC After Touting Marijuana Rescheduling And Pardons In SOTU
Washington, D.C. won’t be able to legalize recreational cannabis sales as part of the budget proposal for Fiscal Year 2025 that the Biden-Harris administration submitted to Congress on Monday. The D.C …
Fact Check: Will Marijuana be Sold in Florida Gas Stations in 2023?
People with a prescription for medical marijuana use in Florida may have a more convenient avenue for purchasing the item next year. Recreational marijuana use is still illegal in the Sunshine State, but medical use is legal. Dispensaries must be licensed to sell...
Albuquerque to host first major cannabis trade expo since recreational legalization
© Provided by KRQE Albuquerque Albuquerque to host first major cannabis trade expo since recreational legalization ALBUQUERQUE, N.M. (KRQE) – Roughly six months from the start of legal recreational cannabis sales in New Mexico, Albuquerque is set to host a major...
Spotlight on N.J. cannabis businesses: The Cannabis Place
With the legalization of cannabis and billions of dollars to be made here, state legislation made promises to allow local New Jerseyans an opportunity to make it in the market with an eye towards economic justice. More than 500 licenses have been awarded to local...
1 Cannabis Stock to Buy and 1 to Avoid in This Bear Market
The S&P 500 recently hit a near-two-year low, and the Dow Jones has fallen into bear market territory. For savvy investors, buying stocks in this environment might not be such a bad move. There are plenty of beaten-down equities that look like excellent long-term...
Biden order adds momentum to bipartisan marijuana bill
© Provided by The Hill President Biden’s move to reevaluate marijuana’s legal status and pardon federal weed convictions has reinvigorated momentum for congressional action to boost the ailing cannabis industry. Lawmakers see the lame-duck session as their best...
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