Biden’s marijuana pardons still don’t undo racist drug-arrest disparities
On Thursday, a month before a pivotal midterm election, President Joe Biden delivered on a campaign promise by pardoning thousands of people for the federal crime of simple marijuana possession, saying “too many lives have been upended because of our failed approach...
Tilray Looks to Germany as Canada’s Cannabis Industry Falters
© Provided by TheStreet High inventory and increased competition is making Canadian cannabis companies look elsewhere for growth. The cannabis industry has been in rough waters after catching a tailwind during the pandemic lockdowns. The good times that rolled...
Three Reasons Biden’s Marijuana Policy Is Good For The Economy
Hundreds of pro-cannabis demonstrators march in New York City. Getty Images This week, President Biden announced plans to pardon thousands of people who have federal convictions for marijuana possession on their records. He is also asking his administration to explore...
Canna Business Resources: Update from Benzinga Cannabis Capital Conference
As a New York-based cannabis financing firm, Canna Business Resources is a definitive resource for cannabis operators in the United States, having provided more than $100 million in financing in 2021 for operators in nearly every state and every vertical and on pace...
President Biden Says It’s Time To Change America’s Cannabis Laws
© Provided by Forbes Weed The People: President Biden’s executive order to pardon people convicted of marijuana possession fulfills a campaign promise. OLIVIER DOULIERY/AFP via Getty Images The President’s sweeping pardon for ‘simple possession’ is major step...
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.
Missouri to accept applications for 2nd round of cannabis ‘microbusiness’ licenses
The second round of microbusiness license applications will be accepted via an online portal from April 15-29.
State: Legal cannabis sales hit $1 billion (with a B)
Early in the decade, financial analysts studying a number of bills pushing for the legalization of recreational cannabis estimated the industry would produce up to $25 million in revenue in its first …
Puff, puff, pay: Business offers competitive salary to smoke weed as a cannabis connoisseur
DaySavers, a smoking accessories company, is offering a full-time position to someone who can aid in graphic design and other media production while allowing them to smoke on the job.
One Of America’s Biggest Banks Spearheads Cannabis Support With $1M Credit Line
First Citizens Bank’s (NYSE:BAC) cannabis banking business provided a $1 million working capital line of credit to MC Nutraceuticals, a global supplier of hemp-derived cannabinoids. The news comes on …
Biden’s marijuana pardons a step toward racial equality, advocates say
© Provided by The Hill President Joe Biden’s decision to pardon thousands convicted of marijuana possession represents a step toward securing racial equality, advocates and lawmakers said Thursday. “It’s a really long time coming,” said Toi Hutchinson,...
Pot twist: Cannabis firm says federal judge can’t order it pay nearly $1M in back rent because its business isn’t legal under federal law
Sued for nearly $1 million in back rent, a national cannabis chain says a federal judge can’t order it to pay up because its business isn’t even allowed to operate under federal law. The rental contract for a Fulton Market storefront therefore “cannot be enforced in...
Cannabis business left in the lurch as Connecticut regulators give second chances for licenses
After giving hope to denied cannabis companies last week, Connecticut regulators said they sent feedback on Monday that would allow applicants another chance at licensure — at least one company is left waiting as the state’s marijuana industry grows. The Connecticut...
Cannabis Has Cost Constellation Brands Over a Billion Dollars
© Provided by TheStreet Constellation’s $4 billion investment in Canopy Growth hasn’t had the positive impact the company hoped for. APPLE INC. -0.97 -0.66% CONSTELLATION BRANDS, INC. -3.43 -1.45% TESLA, INC. -2.68 -1.11% AMAZON.COM, INC. -0.65 -0.54%...
Star Buds Becomes First Predominantly Black-Owned Licensed Cannabis Company To Open Shop In Illinois
Illinois has welcomed its first licensed predominantly Black-owned cannabis business thanks to the helping hand of a disrupter in the space. Star Buds, a weed company based in Colorado, partnered with SB IL Grow LLC to help them get their feet wet in Illinois....
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