Illinois’ first marijuana consumption lounge set to open Saturday at former Sesser bank
A former bank in Sesser, Illinois, a small town roughly 300 miles south of Chicago, is set to become the site of the state’s first legal “cannabis consumption lounge” when it opens this weekend. For an entry fee of $4.20, patrons of the Luna Lounge will be able to...
Aurora Cannabis Takes 19.9% Stake in Cannabis Retailer Choom As Part Of Debt Restructuring And Raises $3.5M
Canadian cannabis retailer Choom Holdings Inc. (CSE:CHOO) (OTCQB:CHOOF) reported Thursday that it has finalized the restructuring of its roughly $25.9 million in outstanding debt. This includes the $21.8 million that the company owes to Aurora Cannabis Inc....
Denver Receives First Cannabis Delivery Application
Denver recently legalized cannabis delivery and smoking lounges, after years of debate following Colorado’s early legalization. Now, the first business in the city looking to deliver has officially submitted an application. The business, Doobba LLC, applied for...
Reefer round-up: Here’s the status of each Taunton marijuana business getting started
TAUNTON — After years of debate over the number of retail marijuana licenses the city will give out and fraught meetings with potential retailers, Taunton is getting close to having its first retail marijuana shop open. While it’s unclear who will be...
Florida’s Cannabis Market: What Investors And Entrepreneurs Need To Know
Florida’s medical cannabis market is a top performer, with a booming industry backed by a sizable patient count. Solid sales and patient counts serve as an appeal to would-be investors and entrepreneurs. Data from the 2021 Marijuana Business Factbook projects...
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.
Massachusetts pot shops closing in Worcester, Framingham, Northampton; a worker had died after packaging cannabis into pre-rolls
© Chris Christo/Boston Herald/TNS The Trulieve dispensary in Worcester will be closing, along with the company’s pot shops in Framingham and Northampton. After the recreational marijuana market exploded in recent years across the Bay State, more pot shops will...
Slow start to New York’s legal pot market leaves farmers holding the bag
Seth Jacobs has about 100 bins packed with marijuana flower sitting in storage at his upstate New York farm. And that’s a problem. There aren’t enough places to sell it. Advertisement The 700 pounds (318 kilograms) of pungent flower was harvested last year as part of...
This Beaten Up Cannabis ETF Is Not Attractive
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...
First Cannabis-Friendly Hotel Opens in Las Vegas
© Elevations Hotels and Resorts The Lexi hotel What is being billed as the “first cannabis-friendly hotel in Las Vegas has opened. The Lexi Las Vegas, located in the former, Artisan Hotel Boutique property has reimagined its guest experience. The hotel...
Authorities seize $1.19B in illegal marijuana in largest LA County bust
LOS ANGELES — Officials in Los Angeles County seized more than 16 tons of harvested marijuana from illegal grows last month, authorities said Wednesday. >> Read more trending news The estimated street value of the seized plants is estimated at $1.19 billion,...
The Business of Cannabis
News of American sprinter Sha’Carri Richardson being banned for one-month, after testing positive for cannabis, is one of the latest stories to illuminate the dark underbelly of doping in sport. Given the sordid history of substance abuse in sport, from cyclist Lance...
Op-ed: Technology is driving the cannabis industry’s biggest growth opportunity
Cannabis plants grow at a craft grow operation outside of Nelson, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Images In less than two decades, cannabis has emerged from the shadows to become a major industry, achieving legalized status in 16 states and...
2 Underrated Cannabis Stocks That Can Double Your Money
© Provided by The Motley Fool 2 Underrated Cannabis Stocks That Can Double Your Money Big-name cannabis stocks like Trulieve, Curaleaf, and Green Thumb Industries are among the hottest investments in the sector right now. However, with combined market...
Legal gray area allows opening of cannabis-friendly campground in Harrison
HARRISON — Trinity Madison sits at the picnic table at her campground’s common area, her mouth pressed to a bong. She lifts her head, breathes out a plume of smoke, and laughs. It’s 4:20 p.m., and for Madison, it’s just another day at the office. Madison is the...
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