San Diego’s long-awaited cannabis equity program finally unveiled
SAN DIEGO — San Diego officials are proposing a cannabis equity program that would make it easier for people of color to break into the lucrative business with start-up loans, fee waivers, help finding business sites and other incentives. The program, which...
Why Tilray, Canopy Growth, and Aurora Cannabis Are Stumbling Today
What happened Canadian cannabis stocks are under pressure yet again today. As of 1:12 p.m. ET Friday, Tilray (NASDAQ: TLRY) stock was down by 5.4%, Canopy Growth‘s (NASDAQ: CGC) equity was in the red by 7.3%, and Aurora Cannabis‘ (NASDAQ: ACB) shares...
Cannabis Demand Sees Nominal Impact by Surge in U.S. Inflation
Summary: ● Inflation is having only a nominal impact on retail cannabis demand ● While states have experienced a decrease in demand, this decline is simply the returning to pre-pandemic consumption levels ● Cannabis demand has remained...
As New York’s Cannabis Business Lights Up, Will There Be Enough Dispensary Licenses to Go Around?
We walked 10 blocks of 9th Avenue yesterday afternoon and counted eight smoke shops. As Hell’s Kitchen fills with these new stores, the city has announced that they plan to grant only 22 licenses to open recreational marijuana dispensaries across the whole of...
Statehouse Holdings Q2 Revenue Doubles Sequentially After Business Combination to $34.6 Million
StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results and Provides Additional Business Updates Company expects to be EBITDA positive in 2023 SAN DIEGO and TORONTO, Aug. 25, 2022 /PRNewswire/ – StateHouse Holdings Inc....
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.
Pennsylvania governor seeks billions for schools and development in budget that envisions legal marijuana
HARRISBURG, Pa. — Gov. Josh Shapiro’s second budget proposes significant increases to education and economic development and would regulate adult use marijuana, while leaning heavily on Pennsylvania’s flush reserves to underwrite his vision. The Democrat on Tuesday...
One state has a shortage of marijuana. Its neighbor had too much. What to do?
HARTFORD, Conn. — Marijuana retailers in Connecticut say a dearth of licensed growers in the state’s fledgling legal pot industry has left them with a shortage of product to sell. The supply problem has appeared after slow retail growth in neighboring New...
Golden Nuggets: Vision, Market And Sales Figures Of California’s Major Weed Stocks In A Regulatory Storm
Six years after legalization, California’s vast cannabis market faces mixed results. While generating over $5.7 billion in taxes, it falls short of financial expectations due to oversupply, illicit trade and local bans. Proposition 64’s implementation...
Pa. governor seeks billions for schools and development in budget that envisions legal marijuana
HARRISBURG, Pa. (AP) – Gov. Josh Shapiro’s second budget proposes significant increases to education and economic development and would regulate adult use marijuana, while leaning heavily on Pennsylvania’s flush reserves to underwrite his vision. The Democrat on...
Cannabis products firm Love Hemp hit by trading suspension
PR Newswire MAURICE icIEF ESTABLISHED AS A GREEN METHOD FOR CHARACTERIZATION OF AAV IDENTITY AND STABILITY Bio-Techne Corporation (NASDAQ: TECH) announced the publication of a study in the Green Analytical Chemistry journal, titled Establishment of a Platform Imaged...
Parachute sees drop in cannabis business
Parachute once garnered coverage from the Washington Post and Good Morning America when it opened the nation’s first drive-thru weed window. It also has the highest concentration of cannabis dispensaries per capita in Garfield County. Parachute’s notable ambrosia of...
The WellFlower marijuana store’s grand opening to feature former Pistons star John Salley
Employees at The WellFlower are busy this week stocking shelves with cannabis products and getting ready for a grand opening Saturday that will feature an appearance by retired Detroit Pistons “Bad Boy” John Salley. The recreational marijuana store is the...
Jim Belushi Is Growing Weed And All He Wants Is To Break Even: ‘Cannabis Serves The Greater Good’
Jim Belushi first ventured into the cannabis industry as a legal cannabis farmer with a 48-plant crop in 2015. Nowadays, the “According to Jim” star runs the massive Belushi’s Farm in southern Oregon, which is featured in the Discovery WBD...
Cannabis May Be An Essential Service – But Securing Funding Is Still An Uphill Battle
As the masks went on and the lights went out in businesses across the country during the COVID-19 pandemic, 2020 was shaping up to be a watershed year for legal cannabis. Marijuana was deemed an essential service, and consumption boomed in legal markets across the...
Recent Comments