High hopes: German cannabis farm plans growth once pot is legal
© DPA Young plants growing at the Demecan warehouse not far from Dresden, Germany. Sebastian Kahnert/dpa Cannabis is growing steadily in a distant part of rural Germany but it is a gradual process so don’t hold your breath. The plants are growing in labyrinthine...
Cannabis business leaders call on government to review excise tax as prices decline
With cannabis now selling for much less than the anticipated $10 per gram, the excise tax – levied at the moment of manufacture, rather than at retail – is taking a much larger chunk of producers’ profits.Ted S. Warren/The Associated Press Cannabis business leaders...
Costa Mesa to consider first two cannabis store permits Monday
Costa Mesa officials are about to take up the first two proposals from a deluge of applications for opening retail cannabis shops. A storefront proposed on Harbor Boulevard and one on Newport Boulevard – the streets where nearly two-thirds of the 65 proposed...
420 Property considers the real estate side of the cannabis industry
Ryan George is blazing a new path on an often-overlooked aspect of the country’s growing cannabis industry: real estate. George launched 420 Property in 2016 and it has since become the premier platform for growers, dispensaries, retailers and distributors to find...
Grand Junction receives 47 applications for recreational marijuana stores
The city of Grand Junction has received 47 applications for recreational marijuana business licenses, and is now going through the process of narrowing the field to 10. Grand Junction City Clerk Amy Phillips said the application period went well, with a lot of...
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.
Budding Potential: 3 Cannabis Stocks Poised for Growth in 2024
InvestorPlace – Stock Market News, Stock Advice & Trading Tips In the bustling stock markets, the cannabis industry has emerged as a dynamic arena, captivating investors with its promise of rapid evolution and immense growth potential. As the smoke clears...
Some business owners seek clarity, others embrace the new legal status of marijuana in Ohio
COLUMBUS, Ohio — The owner of a wood-fired pizza shop in Columbus near Italian Village said he wants to create a safe space for his customers to smoke marijuana. “It’s just such an interesting transition,” said Nick Gore, the owner of GoreMade Pizza. This week,...
Sales of recreational marijuana hit $15.3 million in November
HARTFORD — Recreational sales of marijuana in Connecticut continued to grow in November, setting another monthly high since the legal market opened in early January. The state Department of Consumer… Connect With Purchase a Subscription and Register Previous...
St. Charles County joins court battle to defend Missouri county taxes on marijuana sales
ST. CHARLES COUNTY, Mo. – Officials in St. Charles County will head to court with hopes of defending the right for Missouri counties to collect a 3% sales tax on recreational marijuana purchases. St. Charles County announced the efforts Thursday in tandem with St....
Marijuana has companies rethinking workplace testing
LANSING — American workers are consuming more marijuana — a lot more, according to a new analysis by Quest Diagnostics, a provider of health diagnostic information services. According to the analysis, the rate of positive drug test results rose last year to its...
Here’s how some Evansville businesses are cashing in on the cannabis market
EVANSVILLE, Ind. — Marijuana may still be illegal in Indiana, but that hasn’t stopped local businesses from cashing in on the multi-billion dollar cannabis industry. A new class of hemp-based products purport to offer users the same high and medical...
Cannabis management chair on rolling out New York’s newest industry
In September 2021 former attorney and state Assemblywoman Tremaine Wright was chosen by Gov. Kathy Hochul to lead the official rollout of the state’s controlled cannabis industry through the Marijuana Regulation and Taxation Act. The law, enacted in March 2021,...
Dutchie, The Cannabis Industry’s Highest-Flying Software Company, Falls Back To Earth
© Provided by Forbes Pass The Dutchie: Some investors are looking to exit the cannabis software company, but founders Ross and Eric Lipson deny it. Pedro Oliveira for Forbes Once valued at $3.7 billion, the Oregon-based ecommerce platform recently laid off 8% of its...
Cannabis Lobby Days: Marijuana Banking Within Reach, But Not Assured
Two weeks ago, the push for Congressional action on cannabis banking reform heated up as members of the National Cannabis Business Association descended on Congress for four days of lobby meetings. Meetings were held over Zoom, as many Congressional offices maintain...
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