Coming Sunday: Business without banking; the cannabis industry conundrum
A variety of pipes in a case are displayed at a local medical marijuana store in Lewiston. Russ Dillingham/Sun Journal LEWISTON — The cannabis industry in Maine is a big moneymaker. In 2020, Maine’s medical marijuana industry generated $266 million in sales, according...
Why Aurora Cannabis Stock Spiked Today
What happened Aurora Cannabis‘ (ACB 7.75%) stock had ratcheted upward by more than 8.1% on Friday at 10:11 a.m. ET after a Cantor Fitzgerald analyst, Pablo Zuanic, adjusted his outlook on the company from neutral to overweight, citing its favorable positioning...
Cannabis Stocks ACB, TLRY Heat Up on European Expansion Hopes
Cannabis stocks Aurora Cannabis (NASDAQ:ACB) and Tilray (NASDAQ:TLRY) are climbing today. A note from an analyst appears to have made investors more optimistic about the companies’ opportunities in Europe. In early trading, ACB stock was jumping 8.5% to $1.54, while...
Done right, cannabis legalization can transform Maryland’s poorest neighborhoods | GUEST COMMENTARY
Legalization of recreational cannabis in Maryland is a done deal. The referendum scheduled on the issue this November will pass. After it does, the real fight starts. The state legislature will have until April 10, 2023, to decide how to regulate the industry. There...
The Latest Research on Cannabis Social Equity Programs
Cannabis social equity programs are designed to increase licensure and employment opportunities for lower income and BIPOC (Black, Indigenous, and people of color) communities impacted by cannabis prohibition. As more states legalize cannabis and implement social...
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.
Cannabis 2024 economic forecast: Businesses to struggle
“Chaos” was the infamous word used by suspended Massachusetts Cannabis Control Commission Chair Shannon O’Brien when she attempted to ring alarm bells over former Executive Director Shawn Collins’ departure from the agency last summer. This word would probably be a...
The King Of Cones: Inside The Cannabis Industry’s $75 Million Pre-Roll Empire
Bryan Gerber’s Hara Supply produces more than 100 million cones a month for mainstream brands such as Jeeter and Zig-Zag in one of the fastest-growing segments of the marijuana market. By Will Yakowicz, Forbes Staff When Bryan Gerber grinds cannabis to roll a joint,...
Broken promises: How marijuana legalization failed communities hit hardest by the drug war
In the long and contentious fight for marijuana legalization, lawmakers across the country won over skeptical colleagues by promising social justice: The economic benefits of cannabis sales would be targeted at communities marred by decades of racist drug enforcement...
‘Good for the industry’: What Biden’s pardons may foreshadow for Oregon’s cannabis distributors
Cannabis industry leaders say these types of decisions are helpful, but just the beginning in terms of destigmatizing and expanding the business. PORTLAND, Ore. — On Friday, President Joe Biden pardoned people convicted of certain federal marijuana offenses. The...
Entrepreneurs hope to build cannabis ‘campus’ in Hartford
Two entrepreneurs are hoping to create a hub for cannabis businesses in Hartford with a new campus that could house several different brands and businesses. Serial entrepreneur David Salinas and Hartford native Janice Flemming-Butler are the co-founders of Let’s Grow...
Strike Force: Final cannabis bill of the season is a doozy
In another legislative session that is dragging on to the monsoons of summer, one lone cannabis bill has settled over the statehouse like a dusty haboob, as strike-everything House Bill 2050 provides an olio of legislative fixes that have drawn mixed reactions from...
New York rolls out green carpet for cannabis dealers
New York officials are rolling out the green carpet for convicted weed sellers who are now going legit. The state Dormitory Authority of New York is getting ready to spend some $200 million in public funds to rent out locations where the ex-cons can set up shop and...
Grand Haven to allow recreational cannabis businesses with major zoning limitations
Grand Haven will join dozens of communities statewide that allow cannabis sales for adult recreational use, though local officials have placed significant zoning restrictions on where retailers and other facilities could operate. The land use ordinance the Grand Haven...
Freehold Borough OKs agreement for medical cannabis dispensary
FREEHOLD – Members of the Borough Council in Freehold Borough have authorized a developer’s agreement with Monmouth Wellness and Healing, LLC (doing business as NJ Leaf), to operate a medical cannabis dispensary at 546 Park Ave., a short distance east of South Street....
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