29,000 marijuana plants seized from business bust
Federal agents said the business in Wayne County sold marijuana to local companies but had no license to do so.
Gavin Newsom’s Budget Keeps Cannabis Tax Hike: Can It Be Stopped? What’s Next For Operators?
California confirms cannabis excise tax will rise to 19% on July 1, sparking backlash from operators and renewed legislative pushback.
New marijuana commissioner confirmed by Senate, will take the reins of struggling industry
Joshua Sanderlin is a lawyer and lobbyist in the cannabis industry. Sanderlin is the founder of Washington, D.C.-based Sanderlin Strategies, which offers legal and business assistance, as well as …
Whoopi Goldberg to launch tea during N.Y. cannabis industry event
Award-winning actress, comedian, television host and entrepreneur Whoopi Goldberg will headline the Cannabis Means Business event next month in New York City.
New York City Celebrates Closure of 1,400 Illicit Dispensaries, Promotes Legal Cannabis Business Growth
NYC celebrates closing 1,400 illegal pot shops and seizing $95M in products, with plans to repurpose the spaces.
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.
Smoking Tree owner sues Albert Lea for denying cannabis shop registration
The owner of Albert Lea’s “The Smoking Tree” is suing the city of Albert Lea for denying his application for a cannabis business registration. The lawsuit, filed in Freeborn County on Monday, claims …
Rhode Island Marijuana Dispensary License Application Process Officially Launches
Today is a significant day for the commission and Rhode Island. This milestone represents the culmination of years of work and collaboration.” By Christopher Shea, Rhode Island Currant For nearly …
Cannabis generates $1 billion a year for New Brunswick GDP, chamber study says
Large and small cannabis producers in New Brunswick say there could be great growth potential for the industry if the federal government lowered a tax that takes away about a third of their revenue.
Congressional Committee Schedules Hearing On Chinese ‘Invasion’ Through ‘Illegal Marijuana’ Operations
A GOP-controlled congressional committee has scheduled a hearing to discuss what’s described as a Chinese “invasion” of the U.S. through illicit marijuana operations. The House Homeland Security …
‘I Thought He Wanted To Be A Drug Dealer,’ How Cannabis Healed A Father-Son Rift And Sparked Two Thriving Businesses
After cannabis healed their rift, Los Arias and his father launched Flostar Group. Now he’s speaking at Benzinga’s June conference.
The US Marijuana Industry Lost Jobs Last Year Even As Sales Grew To A New Record High, Industry Analysis Shows
Jobs in the U.S. legal marijuana industry fell roughly 3.4 percent percent between 2023 and 2024, according to the latest annual industry report on employment in the cannabis sector. That marks the …
Michigan recreational cannabis sales drop in April, even with 4/20 boost
Sales of recreational marijuana products dropped to $270 million, down from $276 million the month prior, according to Michigan’s cannabis regulator.
Oregon cannabis industry lost third of jobs since 2021
If it’s any consolation to the battered industry, the rate at which it’s losing jobs has slowed — from 21% in 2022 to 7% in 2023 and 6% last year.
NYPD: Brooklyn business hid 30+ pounds of cannabis products inside shoe boxes
The discovery took place at Box 52 Incorporated at 201 Troy Ave., according to the Sheriff Joint Compliance Task Force.
Recent Comments