San Diego County Supervisors Take First Step Toward Marijuana Ballot Initiative
A marijuana plant. Times of San Diego photo The San Diego County Board of Supervisors voted 3-1 Wednesday to take an early step toward placing a marijuana business tax proposal on the November ballot. The board approved a draft resolution calling for a 75-word ballot...
Business
Buddy Boy Brands’ seven metro-area dispensaries will shutter their doors permanently on Friday, with the owner blaming a market downturn and high costs. John Fritzel took over Buddy Boy in June 2014. Buddy Boy’s locations dot the Denver area, selling flower,...
U.S. Cannabis Market to be Worth $40.0 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, June 15, 2022 /PRNewswire/ — The U.S. cannabis market size is expected to reach USD 40.0 billion by 2030 and is expected to expand at a CAGR of 14.9% over the forecast period, according to a new report by Grand View Research, Inc. The...
Dems eye marijuana bill as vehicle for justice measures
Senate Democrats are eyeing a cannabis banking bill that has bipartisan support as a potential vehicle for long-sought restorative justice measures. Prominent Democrats have been pushing to pass the SAFE Banking Act, which would enable legally operating cannabis firms...
Cannabis Reg. Update: FDA To Review CBD Again, DEA Wins In Hemp Extract Case & More
FDA To Review CBD Once Again The U.S. Food and Drug Administration’s Science Board is expected to review the idea of incorporating cannabinoids into dietary supplements on Tuesday at the public advisory committee meeting. However, broad market sentiment is not that...
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.
2024 Could Make or Break Cannabis Stocks
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most...
Get ready to roll – legislators can’t settle on changes to marijuana law: Thomas Suddes
The circus — doing business as the Ohio General Assembly — left the Statehouse last week, aiming to stay home until sometime in 2024. Given that Ohio’s primary election will be held March 19 — 2 1/2 months into the New Year — don’t expect much Capitol Square...
Deadline looms for New York’s adult-use cannabis business license applications
For individuals aiming to enter New York’s burgeoning adult-use marijuana industry, the state Office of Cannabis Management has set an imminent deadline for license applications. Prospective entrepreneurs and businesses have until 5 p.m. on Monday, December 18, to...
Altria Group: Cannabis Could Grant Them A Life Cycle Extension
Mario Tama Thesis A friend of mine is retiring this month and asked me to point him in the direction of companies with attractive yield on cost potential. My first response was that he should check out Altria Group, Inc. (NYSE:MO). They have significant cash flow and...
Ethos Cannabis medical marijuana dispensary open in Harmar
A medical marijuana dispensary has made its way to the bustling food plaza in Harmar along Freeport Road. Ethos Cannabis, a Philadelphia-based firm, opened a third regional location in the former Kings Restaurant building on 5 Alpha Drive East in late April, according...
Michigan Reports Cannabis Sales Dip 4% Sequentially in May
Michigan cannabis sales fell 4% compared to April and increased 25% year-over-year to $186.4 million in May: The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 47.7% from a year ago to $23.3 million, down...
NYS cannabis entrepreneurs need banking reforms to access financial services
Perhaps you’ve heard — banking is an issue in cannabis. With more states legalizing cannabis, including New York, entrepreneurs seeking entry into the industry felt hope and excitement. However, once they faced the many obstacles and risks of being involved in...
Checks & Imbalances: Trump’s Business, The Gun-Control Deal And Legal Weed
Welcome to the Checks & Imbalances newsletter. Today we look at Trump’s deals with the Saudis and Tiffany, lobbying that helped seal the gun-control deal and the Biden administration’s hypocrisy on legal cannabis. Trump, Saudis Join Forces To Stick It To The PGA...
Lawmakers Discuss Cannabis Bill That Would Have It All — Banking, Research, Veterans
Will there be an omnibus cannabis legalization bill enacted this year in the U.S.? According to recent discussions, anything is possible. On the heels of a recent discussion between Sen. Chuck Schumer (D-N.Y.) and GOP House Rep. Dave...
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