Hundreds of new legal weed shops could soon open in NY in cannabis lawsuit settlement
A settlement has been reached in a lawsuit that has placed a blockade on New York’s legal cannabis market, paving the way for hundreds of new pot shops to open. The settlement is expected to bring an end to an injunction that has ground the rollout of licensed weed...
22nd Century Group selling cannabis business
22nd Century Group, which is aiming to cut costs, will sell its cannabis and hemp business to a Nevada-based buyer. Buffalo-based 22nd Century Group has agreed to sell its GVB Biopharma to Specialty Acquisition Corp., in a deal valued at $2.25 million. The transaction...
22nd Century plans to exit cannabis business at steep loss
Richard Craver 22nd Century Group Inc. is exiting the hemp/cannabis sector after less than 1½ years at a steep financial cost. 22nd Century, based in Buffalo, has its cigarette-manufacturing operations in a 62,000-square-foot plant in Mocksville. The manufacturer...
Cannabis board OKs settlement of lawsuit that had delayed rollout of stores
ALBANY — New York’s marijuana regulators approved a settlement Monday that could speed up the opening of stores that had been in limbo because of a lawsuit. The Cannabis Control Board, in a five-minute proceeding, voted 5-0 to approve an agreement that could end a...
Cannabis Execs Raking In Over $400K A Year As Salaries Soar Into 2024
Loading… Loading… Loading… Chief executive officers at the largest cannabis companies by revenue have moved past the $400,000 base salary threshold with annual salaries topping $416,000 —almost ten times what mid-level managers in the...
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.
Yelp, Google Should Remove Illegal Weed Shops Says Los Angeles Initiative To Clean Up Cannabis Search Results
Search engines and GPS platforms like Google and Apple Maps give legitimacy to unlicensed cannabis business in California by not distinguishing them from licensed dispensaries in respective search …
Vermont State University program prepares cannabis entrepreneurs for an expanding industry
Though still illegal under federal law, cannabis sales in states is a multi-billion dollar industry. And as the business and its culture continue to develop, a university in the Green Mountain State …
3 Cannabis Stocks That May Be Worth Investing In Before November
Nobody, not even those living under a rock, are unaware of the current election cycle, with a new president set to be elected this November. With plenty of anticipation around what a Democrat versus …
Dispensaries rethinking business strategies in Colorado
A local college professor said she has been in demand, consulting cannabis dispensaries across the country, competing in a crowded field.
Cannabis is just another job
When cannabis (what the people buying it call “weed”) became legal in Massachusetts, it was like the Summer of Love all over again, dude. Happy stoners twined flowers in each other’s hair. Happy politicians twined wreaths of new tax income in each other’s remaining...
Investors Aren’t Yet Diving Into Cannabis Stocks
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...
Voice of Business: Marijuana law task force preparing resources for local businesses
On Nov. 7 Ohio voters approved an initiated statute that authorizes limited homegrown marijuana plants and the use of recreational marijuana for Ohioans 21 years of age and over with exceptions. This is the first major change to the Ohio marijuana law since 2016, when...
Minnesota still without a permanent cannabis director, but work to set up industry continues
Minnesota is still without a permanent cannabis director more than two months after Gov. Tim Walz’s first pick for the job resigned under scrutiny. Walz first named cannabis entrepreneur Erin DuPree as director of Minnesota’s new Office of Cannabis...
Recreational cannabis an economic benefit for West Wendover, mayor says
WEST WENDOVER, Nevada — Business appears to be doing well at West Wendover’s lone cannabis dispensary. “We get them from all over the place,” said Janie Carder, the retail manager at Deep Roots Harvest. “Idaho, Nevada, Utah. They like to come...
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