Advice to cannabis business hopefuls: Have plenty of capital
The recreational marijuana business will be lucrative for local municipalities and business owners but the upfront costs could be expensive — if you’re lucky enough to obtain a license to grow, distribute or sell weed, a panel of experts said during a Newsday...
3 Top Cannabis Stocks to Buy as State Legalization Grows
These three cannabis stocks are worth buying after a steep correction ahead of potential rallies as more states legalize marijuana. Tilray (TLRY): Revenue target of $4 billion by 2024 and a strong position in the medicinal cannabis segment in Europe. Cronos (CRON):...
Want to start a legal marijuana business? Here’s what you need to know before you begin.
Apr 29, 2022, 2:55amUpdated 3h ago By: News 12 Staff Now that a dozen marijuana dispensaries have been selling recreational cannabis for a week, can smaller businesses be far behind? The New Jersey Cannabis Regulatory Commission has awarded more than 100 conditional...
Marijuana businesses grow in Lower Arkansas Valley
BENT COUNTY, Colorado — It’s been nearly a decade since Colorado voters passed Amendment 64 authorizing the sale of recreational marijuana. Bigger cities like Pueblo, Denver, and Boulder quickly drafted regulations to allow for the drug to be sold locally, but...
How Much Did New Jerseyans Spend On First Day Of Cannabis Sales? Yes, There Was Enough Weed For Everyone
Last week New Jersey kicked off long-awaited recreational cannabis sales. On the first day of sales, April 21, over 12,000 customers spent nearly $2 million for cannabis, according to NJ’s Cannabis Regulatory Commission (CRC). Some worried...
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.
Mississippi Makes It a Crime to Advertise Legal Medical Marijuana Businesses
Clarence Cocroft is the owner of a legal medical marijuana business in Olive Branch, Mississippi. However, while his business is perfectly legal, the state is hell-bent on making it practically impossible for him to actually stay afloat. How? By making it a felony for...
Santa Cruz cannabis business owner chases thieves, arrested for attempted murder
The owner of Decibel Gardens, which grows and packages marijuana in Santa Cruz, was arrested by police after attacking multiple masked people who are still on the loose. Derek Hubbard was arrested on four counts of attempted murder Monday after police reviewed...
HHS Rescheduling, SAFER Banking Act May Change the Marijuana Landscape
In late August 2023, the Department of Health and Human Services (HHS) recommended rescheduling marijuana from a Schedule I substance to a Schedule III substance under the Controlled Substances Act (CSA), signaling the potential for drastic change in the marijuana...
Missouri cannabis social equity licensees face funding hurdles
Samantha Blum campaigned for years to legalize marijuana in Missouri. Now, she is among the 48 winners of a cannabis microbusiness license awarded by the Missouri Department of Health and Senior Services last month to underrepresented communities. Blum, a stay-at-home...
Black Cannabis Entrepreneurs Getting Smoked Out, Account For Less Than 2% Of The Industry
Black people have long been the targets of the war on drugs, but as the cannabis market is becoming in more states, Black cannabis entrepreneurs are being left behind. According to Leafly’s Jobs Report 2021, the legal cannabis industry supports more than 321,000...
Jamestown Area CBD Business Granted License To Grow Marijuana
Under the terms of the license, a business is allowed either one acre of outdoor growing area, or a 25,000 square foot greenhouse space to grow the plants. The Releaf Market plans to utilize an old factory on Water Street in Jamestown to continue their hemp business,...
Making News in Business, April 21
The Source+ opens on Pleasant Street in Northampton NORTHAMPTON — The Source+ opened its first East Coast dispensary in at 58 Pleasant St. on April 20, the cannabis industry holiday. Simon Nankervis, CEO of The Source+, said the company chose Northampton because the...
Commentary: SAFE Banking Act would boost cannabis industry in more ways than one
Distributing cannabis-selling licenses to meet goals related to equity concerns has merit. But safety should be the public policy priority. The increase in violent crime sweeping through cities and communities across the nation puts a premium on passing new laws to...
Officials say quest for cannabis sales equity in New Jersey is a top priority
NEWARK, N.J. — New Jersey legislators have received more than 700 applications for recreational marijuana dispensaries. The state says it is prioritizing residents who have been most impacted by the war on drugs. CBS2’s Ali Bauman takes a look at what it...
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