Cannabis Reclassification Would Expand Banking Access to Industry, Advocate Says
That shift could accelerate movement in the Senate to pass the Safer Banking Act, he said, which would allow cannabis businesses to open accounts at federally insured banks, get small-business loans …
DEA sets hearing on cannabis rescheduling and delays decision until after the election
The Drug Enforcement Administration has scheduled a Dec. 2 hearing on its proposal to lower the classification of marijuana to the less-dangerous level of Schedule III, according to a public …
Cannabis Stocks Plummet By Up To 16% On DEA Rescheduling Delay: Could This Be The Buying Opportunity Of 2024?
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DEA Delays Marijuana Rescheduling Decision Until After The Election
They want cannabis legalized. This is more of the same: delay, over regulate, over tax.” Ian Rice, CEO of cannabis business consulting firm Envirocann, says the “DEA’s decision to hold a hearing on …
DEA Delays Cannabis Rescheduling Decision Until After November Presidential Election
Get Benzinga’s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. If you’re serious about the business, you can …
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.
State cannabis tax revenue down by 13% in 4th quarter
California’s cannabis tax revenue for Q4 2024 declined over 13% reportedly due to ongoing challenges such as wildfires and the illicit market.
San Diego Increases Retail Cannabis Tax Rates from 8% to 10% Amid Budget Shortfall
The San Diego City Council Monday voted to increase the tax rate for cannabis businesses from 8% to 10% as the city faces a looming budget deficit.
Cannabis regulators ask for bigger budget to ensure safety
As the Bay State cannabis market expands, the state’s regulatory commission is asking for its budget to increase by about a third — without which its executive director says “the commission’s ability …
The Risky Business of Regular Cannabis and Alcohol Use
What the latest research findings tell us about the risks of habitually using these common recreational substances.
Michigan switching to surprise state inspections for cannabis businesses
The state’s Cannabis Regulatory Agency is doing away with its semi … “It will be a flexible process, open to corrective action plans,” Cooley said, adding that business owners will “have some …
DeSantis in middle of Florida feud pitting marijuana against hemp
Five years later, Florida is still not among the nation’s top hemp producers. But hemp is big business: One recent study by the cannabis and hemp consulting firm Whitney Economics reported that hemp …
Social Equity In Cannabis Gets $27M Boost In MA, But Will Federal Changes Leave Some Behind?
Massachusetts Social Equity Fund hits $27M as Harris-backed reforms could drive further state-level cannabis legalization.
EXCLUSIVE: Can Minnesota Keep Its Cannabis Industry Local Amid Out-Of-State Pressure? Legal Expert Weighs In
As Minnesota prepares to roll out its cannabis licensing in 2025, the influx of out-of-state applicants to the social equity business licenses has raised a few eyebrows and sparked debate over who …
Prediction: Aurora Cannabis Will Be Worth More Than Canopy Growth in 5 Years
While these stocks are both highly risky investments, Aurora Cannabis may be in a better position right now than its longtime rival.
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