A New Report Explains How California Screwed Up Marijuana Legalization
Six years after California legalized recreational marijuana, the black market still accounts for roughly two-thirds of the state’s cannabis sales. Since legalization was supposed to eliminate the black market, that embarrassing situation represents a stark...
Majority of California cannabis business licenses remain ‘provisional’ from bureaucratic backlog
It’s been a few years since California rolled out its cannabis licensing and tax program. But the state is still ironing out the kinks. As of now the state has issued 12,691 licenses, three-quarters of which are provisional, used by cannabis businesses to operate...
Why Work in Weed? Amid the Great Resignation, Legal Cannabis May Offer Perks Other Industries Cannot
Opinions expressed are solely those of the author and do not reflect the views of Rolling Stone editors or publishers. They’re calling it the Great Resignation: a mass exodus of employees from their current jobs in search of new, brighter career opportunities. It may...
Why Are So Many Cannabis Businesses Losing Money Hand Over Fist?
This article originally appeared on Cannabis.net and has been reposted with permission. According to New Frontier Data, the United States cannabis industry is poised to be worth a staggering $30 billion each year by 2025. Cannabis legalization continues to spread...
Funding NY’s social equity cannabis businesses more than an Albany problem
NY Cannabis Insider is hosting an in-person conference in Albany on May 20th. The event will feature panel discussions led by industry experts, as well as networking opportunities, a vendor fair, lightning round consultations and more. Tickets are available now. It’s...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
The Cannabis Beverage Market, Projecting a 17% CAGR Surge from US$ 1.2B to US$ 5.9B by 2033 Fueled by CBD’s Ascendancy
Explosive growth in the Cannabis Beverages Market is driven by changing consumer preferences and legalization trends. Anticipated to grow at a 17% CAGR, sales are expected to soar from $1.2 billion in 2023 to $5.9 billion in 2033. Rising demand for CBD-infused...
Local Businesses’ Collaborative Event Features Food, Drink, and Cannabis-Infused Gravy
A blazing fire pit, colorful Christmas lights, and live music created an ambiance of festivity in local pub Dunn-Gaherin’s Food and Spirits on Wednesday night, where a collaborative event with Redi Marijuana Dispensary served community members food, drinks, and...
Democrats urge feds to update banking ‘red flags’ on legal marijuana businesses
The federal government unfairly penalizes state-legal marijuana businesses whose owners have been convicted of marijuana-related crimes, restricting them from loans and other banking tools, a group of U.S. Senate and House Democrats wrote to the Treasury...
A father and son shot, dismembered and burned. This is the dark side of California cannabis.
Family photos of Ulises, and of Chino while still in Dallas, fascinated by snow. (Gary Coronado/Los Angeles Times/TNS) PÁTZCUARO, Michoacán — In a small square crypt behind frosted glass in subtropical Michoacán is incontrovertible proof of the cost of California...
This Web3 platform could help craft cannabis compete against big business
Written by Greg Nichols, Contributor Greg Nichols Contributor Greg Nichols covers robotics, AI, and AR/VR for ZDNet. A full-time journalist and author, he writes about tech, travel, crime, and the economy for global media outlets and reports from across the U. Full...
How much will medical marijuana cost and who pays?
Mississippi’s new medical marijuana program is ramping up. There is a list of diseases and ailments for patients looking for relief from chronic pain and to help them cope. “Pretty much, it’s been the anguish of being in the hospital,” said...
Brokerages Anticipate Aurora Cannabis Inc. (NYSE:ACB) to Post -$0.16 Earnings Per Share
Analysts predict that Aurora Cannabis Inc. (NYSE:ACB – Get Rating) will announce earnings of ($0.16) per share for the current quarter, according to Zacks. Four analysts have made estimates for Aurora Cannabis’ earnings. The highest EPS estimate is ($0.13) and the...
Legal cannabis businesses are hurting. Will Stanislaus County reduce their fees?
May 3—At least one retired Stanislaus County supervisor, who was critical of California’s legal cannabis initiative, might be saying, “I told you so.” APPLE INC. +0.74 +0.47% CONSTELLATION BRANDS, INC. -4.44 -1.76% TESLA, INC. -7.63 -0.87%...
Cannabis cultivation, sales to be allowed in many town zoning districts
BRATTLEBORO — While state law prohibits the sale of cannabis within 500 feet of a school property, the town lacks authority to expand buffer zones further for cannabis establishments. The Brattleboro Planning Commission was told Monday night that the town has no...
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