Would Issue 2 erase marijuana crimes and more, today’s top stories | Daily Briefing
Happy November! This is Haley BeMiller with The Enquirer’s statehouse bureau, and I’m back to talk about Ohio Issue 2. Voters will decide on Tuesday whether to legalize recreational marijuana for adults 21 and older. We’ve talked a lot about where...
Cannabis businesses face persistent tax issues, but that could change
The continued classification of marijuana as a Schedule I controlled substance has put cannabis businesses in a bind as far as federal taxes go, even as more states have moved to legalize recreational and medical use of marijuana. The Department of Health and Human...
Banning Clamps Down On Illegal Cannabis Biz, $9M Worth Of Weed Found
BANNING, CA — An illegal cannabis operation in Banning was shut down by authorities, the city announced Tuesday. The business in the 200 block of E. John Street was shuttered this month after approximately 7,500 cannabis plants and 800 pounds of processed marijuana...
Massachusetts Cannabis Businesses File Lawsuit Against the U.S. Attorney General
A handful of cannabis companies recently initiated a lawsuit with U.S. Attorney General Merrick Garland regarding the negative effects of federal prohibition, which hinders their business. According to the plaintiffs, which includes Massachusetts-based Canna...
Multi-Million Dollar Real Estate Deal Slashes Debt For Toronto Cannabis Maker
Loading… Loading… Loading… Heritage Cannabis Holdings Corp. CANN HERTF has entered into binding agreements to sell its real estate properties in Ontario and British Columbia to BJK Developments Ltd. for a net purchase price of $9,714,475 and lease...
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.
Southfield City Council changes marijuana hours of operation
Aug. 26 to amend its zoning laws to change the permitted hours of operation of marijuana businesses in the city.
Local marijuana dispensaries have sold more than $50M
Since the start of legalized sales of marijuana one month ago, local dispensaries have sold more than $50 million worth of product.
Canada’s Largest Cannabis Retailer High Tide Partners To Bring Marijuana Offerings To Events
Canadian cannabis retailer High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) entered into a joint venture with Positive Intent Events (PIE) to position itself in Canada’s nascent cannabis …
Former owners of a Pennsylvania medical marijuana business defrauded their partner and owe her $24.5 million, a Philly judge ruled
Shannon Hexter claimed in a 2020 lawsuit that she gave up shares in Ilera’s Pennsylvania company before a major sale based on false financial information.
Palm Springs Puts Temporary Hold on New Cannabis Licenses
The Palm Springs City Council voted last week to put a temporary moratorium on issuing new cannabis licenses while civic leaders consider steps to rein in the growth of the regulated weed industry. The council voted 4-0 to issue the 45-day moratorium, with...
CT cannabis dispensaries concentrate in high-density areas 10 months into adult-use sales
After almost 10 months of recreational marijuana sales in Connecticut, the number of dispensaries in the state has slowly climbed, with retail outlets heavily concentrated in or close to metropolitan areas, and along major highways, according to a Hartford Business...
Cannabis Industry’s Growth Secret: Manufactured Products vs. Flowers Discussed At Benzinga Conference
Loading… Loading… Loading… A panel of experts convened at the recent Benzinga Cannabis Capital Conference in Chicago to explore the advantages of manufacturing cannabis products such as vapes and edibles, contrasting them with traditional...
7 Cannabis Stocks to Buy Before They Burn Higher
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Over the last few months, the allure of cannabis stocks has gained momentum. Since mid-2023, many top-tier cannabis companies have experienced rejuvenation in pricing and demand. Consequently,...
Cannabis businesses sue over federal prohibition
NORTHAMPTON — A coalition of cannabis businesses is suing the U.S. attorney general over the federal government’s prohibition of pot cultivation, manufacture, possession and distribution, saying it penalizes activities that are legal under state law. Federal...
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