You don’t have to like cannabis to bank cannabis
The cannabis industry is known for having passionate supporters, business owners, and customers who proudly advocate for their product and its benefits. So, does that mean you have to be “pro-cannabis” to bank cannabis-related businesses (CRBs)? No. You just have to...
Cannabis Legalization In 2022? Green Thumb And Tilray To Benefit
Darren415/iStock via Getty Images Cannabis stocks have been trending higher heading into the release of a cannabis legalization bill. The bill is very similar to the draft presented one year ago and there is arguably little hope for it to pass the Senate vote. But...
Detroit City Council President Pro Tem Says Recreational Marijuana Ordinance Ensures Social Equity
(CBS DETROIT) — A move to get Detroiters in the recreational marijuana business is sparking backlash, but Detroit Council President Pro Tem James Tate says the ordinance is meant to ensure ownership opportunities for residents. “Currently, in the city of Detroit we...
Senate Democrats introduce bill to end federal prohibition on cannabis: View it here
WASHINGTON – Senate Democrats introduced a bill that would end the federal prohibition on cannabis by removing it from the federal list of controlled substances. The bill, the Cannabis Administration and Opportunity Act (CAOA), would send the decision back to the...
Saving the Cannabis Industry From a Downward Trajectory
Opinions expressed are solely those of the author and do not reflect the views of Rolling Stone editors or publishers. From my perspective, I think nearly every business operator in the legal California cannabis space would agree the industry is struggling to...
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 Black Women-Led Cannabis Company Is Standing Out In The Illinois Industry: ‘Aligning To Answer What Social Equity Needed’
On June 25, 2019, Governor J.B. Pritzker signed the Illinois Cannabis Regulation and Tax Act to legalize recreational marijuana. Since the bill took effect on Jan. 1, 2020, the industry has boomed in the area. The city was projected to bring in $1.5 billion, according...
Unfinished business
Hello everyone! Been a heck of a week with the Statehouse and the storm. Now there’s also been a storm of bills with the dawn of another two-year session of the state Legislature. We talk about some of the ones that have been introduced, in addition to what else can...
Congressional Resolution Urges Equity In Legal Marijuana Markets And Pushes Biden To Advocate For Global Cannabis Reform At UN
The Democratic co-chairs of the Congressional Cannabis Caucus have reintroduced a resolution “urging action to increase equity within cannabis policy and the legal cannabis marketplace,” calling not only for state and local decriminalization but also encouraging the...
Cannabis operators report sales spike ahead of forecasted blizzard
West Michigan residents are stocking up on the essentials ahead of expected blizzard conditions Friday and into Saturday: Food, water, batteries — and cannabis. Dispensary operators in Grand Rapids and along the lakeshore, where wind gusts could reach up to 45 miles...
Could New Marijuana Finance Regulations Threaten Innovative Industrial Properties Stock?
© Provided by The Motley Fool Could New Marijuana Finance Regulations Threaten Innovative Industrial Properties Stock? Raising capital is a constant challenge for U.S. cannabis companies. Because marijuana remains illegal under federal law, financial institutions are...
How Michigan cannabis companies navigate growing competition
HAZEL PARK, Mich. (WXYZ) — Increasing competition in the cannabis industry is forcing some companies to change their business model while others are keeping the course. According to state data, there have been nearly 140 new recreational retailers opening in...
Potential Ventura cannabis businesses make their case
Mathew Shoemaker presents information about his cannabis distribution company, Ventura’s Finest, at a meeting in Ventura Monday. Promises of community donations, increased tax revenue and public safety were all made Monday as cannabis...
Curbside marijuana pickup in Ann Arbor may be here to stay
A curbside sign outside the Mission marijuana dispensary on Main Street in downtown Ann Arbor on July 19, 2022.Ryan Stanton | The Ann Arbor News ANN ARBOR, MI — Curbside marijuana pickup in Ann Arbor was a byproduct of the COVID-19 pandemic as businesses adapted, but...
New cannabis business in Cheektowaga hoping to increase safety and stop stigma
CHEEKTOWAGA, N.Y. (WKBW) — The cannabis community continues to grow in WNY. With licensing on the way, it’s changing the way people consume and creating new businesses. “They will roll joints for you, they will pack bongs, they will provide you...
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