Old Orchard Beach considers lifting cap on marijuana businesses
Linda LeBlanc of Newton, Massachusetts packs up her lawn chair and leaves the beach in Old Orchard Beach on the evening of September 21. Shawn Patrick Ouellette/Staff Photographer Old Orchard Beach leaders are considering lifting the cap on the number of retail...
First marijuana dispensary opens in Teller County
CRIPPLE CREEK • The first marijuana dispensary in Teller County opened its doors last week. The owners of High Stakes Leafery in Cripple Creek said they made more than $12,000 in sales in their first two days of opening and had more than 150 customers. Laura and...
This Black Women-Led Cannabis Company Is Standing Out In The Illinois Industry: ‘Aligning To Answer What Social Equity Needed’
On June 25, 2019, Governor J.B. Pritzker signed the Illinois Cannabis Regulation and Tax Act to legalize recreational marijuana. Since the bill took effect on Jan. 1, 2020, the industry has boomed in the area. The city was projected to bring in $1.5 billion, according...
Unfinished business
Hello everyone! Been a heck of a week with the Statehouse and the storm. Now there’s also been a storm of bills with the dawn of another two-year session of the state Legislature. We talk about some of the ones that have been introduced, in addition to what else can...
Cannabis operators report sales spike ahead of forecasted blizzard
West Michigan residents are stocking up on the essentials ahead of expected blizzard conditions Friday and into Saturday: Food, water, batteries — and cannabis. Dispensary operators in Grand Rapids and along the lakeshore, where wind gusts could reach up to 45 miles...
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.
Flora Growth Teams Up With Cannabis Giant Canopy To Enter $94M Australian Medical Marijuana Market
Flora Growth Corp. (NASDAQ:FLGC) signed a distribution agreement with Canopy Growth Corp. (NASDAQ:CGC) for the distribution of Canopy’s Storz & Bickel medical line of vaporizers in Australia. Flora’s …
The U.S. may soon change how marijuana is classified. Here’s what that means for local cannabis businesses.
Changing the federal classification of marijuana could have major implications for small businesses in the industry.
Report: States struggle to balance revenue, risks around cannabis taxation
“Recreational marijuana taxation is one of the hottest policy issues in the U.S.,” said Adam Hoffer, co-author of the report. “Many states have elected to regulate and tax legal marijuana sales, …
82 cannabis stores opened in Illinois, but social equity owners remain on the margins
Eighty-two new cannabis stores opened in Illinois in the past fiscal year, marking “explosive growth” in sales outlets for an industry that surpassed $2 billion in sales, the state reported. State …
Budding Prospects: 3 Cannabis Stocks Primed for Growth
InvestorPlace – Stock Market News, Stock Advice & Trading Tips According to industry analysts, the American cannabis market is expected to grow to $46.90 billion through 2027. This growth is due to several factors, such as an increase in the number of...
Want a job in cannabis? Kent State University offering marijuana certification courses
Ohio’s recent legalization of recreational cannabis has brought about opportunities not only for existing cannabis businesses, but also for jobseekers looking to break into the industry. To meet that demand and prepare for industry growth, Kent State University...
‘People come here to feel good,’ first marijuana dispensary opens in Teller County
CRIPPLE CREEK, Colo. — The first marijuana dispensary in Teller County opened its doors this week. The owners of High Stakes Leafery in Cripple Creek said they’ve made more than $12,000 in sales in their first two days of opening and had more than 150 customers....
Tilray Sees Cannabis Rescheduling as Gateway to U.S. Medical Market
Tilray Brands believes it can get into the medical marijuana business in the U.S. pretty quickly if the Biden administration reclassifies cannabis as a Schedule 3 drug sometime this year, CEO Irwin Simon tells WSJ. As one of the largest medical cannabis businesses in...
Cannabis Industry Growth Potential for 2024
Each year, new legal cannabis legislation or ballot referendums open new markets in the rapidly expanding cannabis industry. For many entrepreneurs and small business owners, this represents an opportunity to pivot toward an international, high-growth industry with...
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