New rules break down barriers in NJ’s growing cannabis industry
The New Jersey Cannabis Regulatory Commission (CRC) voted to adopt the first set of rules that will guide the cultivation, manufacture, and sale of recreational cannabis in the state. The rule adoption paves the way for the opening of applications for cannabis...
Bastrop will be home to new $8 million medical marijuana facility
Bastrop will be home to new $8 million medical marijuana facility Texas Original Compassionate Cultivation is building a new facility to keep up with increased demand as the state’s medical marijuana program expands. BASTROP, Texas – One of three medical...
Novato moves toward changing cannabis business rules
Novato is considering changes to how close certain cannabis businesses can set up shop near neighborhoods, schools and day care centers. On Tuesday, the City Council directed staff to draft amendments that would further restrict where cannabis delivery businesses can...
Marijuana-Related Business Prosecuted for Making False Statements to Open Bank Account
7raysmarketing / Pixabay A commentary from pros in the cannabis regulatory space on a recent case: a Marijuana-related business pled guilty last week to opening a bank account under false pretenses. Get Our Activist Investing Case Study! Get the entire 10-part series...
Vernon bans cannabis use in all public places
Troubled by people smoking marijuana around children and families and the effects of second-hand smoke, Vernon’s town council has banned cannabis use in all public places. The prohibition was added to the town ordinance regulating alcohol on public property. The rule...
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.
Chicago investment firm commits $150 million to New York social equity fund
The funding deal delivers on a pledge made by Hochul in March 2022 to provide conditional adult use retail dispensary (CAURD) licensees with shops as a major leg up on their new road to entrepreneurship. Those shops were to be largely paid for by the $200...
The State of the Market for Cannabis
Friday, June 30, 2023 Evidence suggests cannabis, also known as marijuana, has been in use for thousands of years beginning with ancient civilizations. However, the modern history of cannabis arguably began in the early 20th century. It can generally be defined by a...
New NBA collective bargaining agreement allows players to invest in NBA and WNBA teams
The NBA has released its new collective bargaining agreement, consisting of 676 pages. The agreement introduces several significant changes, including the ability for NBA players to invest in NBA and WNBA teams. However, players can only own a minority share,...
The Face of Cannabis Business
Faces of Detroit 2023 Special Section MARK SAVAYA — LEAF AND BUD 14470 LIVERNOIS, DETROIT, MI 48238 | LEAFANDBUD.COM Mark Savaya is the visionary behind Leaf and Bud, an indoor cannabis-growing and processing company based in Detroit. With a passion for horticulture...
St. Joseph’s budding medical marijuana business blossoms
(ST. JOSEPH, Mo.) The medical marijuana industry is trying to blaze a trail through St. Joseph as product sales hit an all time high in Missouri. Missouri legalized medical cannabis in 2018. The state began selling the product in October 2020. In the last ten months...
How To Evaluate U.S. Cannabis License Opportunities
Submitted by The Cannabis Business Advisors With the U.S. cannabis market expected to reach more than $30 billion by 2025, license opportunities abound for investors and current license holders. There are six states in the midwest and south with new medical cannabis...
NECANN: Northeast B2B Cannabis Conventions
In 2015, medical cannabis was legal in Massachusetts but dispensaries had yet to open. Simultaneously, the push for adult-use legalization was losing its momentum. The regulatory standstill frustrated the founders of NECANN, who were long-time believers in the power...
Cannabis Firm Plans South Africa IPO, Magic Mushroom Expansion
(Bloomberg) — Cilo Cybin Pharmaceutical Ltd. is considering an initial public offering in the next 12 months after becoming the first South African company to win the right to grow, process and package cannabis products. The firm, named after the psychoactive...
Aurora passes marijuana zoning, consumption licensing
BEIJING (AP) — China’s microblogging platform Sina Weibo on Monday closed 145 accounts, some of which had defended pop star Kris Wu over his rape allegations, for publishing what it called “information harmful for maintaining social order.” Wu, a Chinese-Canadian pop...
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