For banks, cannabis rescheduling would change little
The Department of Health and Human Services’ recommendation last month that the Drug Enforcement Administration reschedule cannabis from a Category I to a Category III substance will have little impact on legal cannabis businesses or the banks that serve them —...
Ex-Giuliani associate Lev Parnas freed from prison, allowed to use medical marijuana while on probation
An ex-associate of Rudy Giuliani’s who was convicted of helping funnel money from a Russian oligarch toward a bid to open a cannabis business will be able to enjoy the leafy plant while on probation following a stint in federal prison, a judge decided Monday....
Major Capital Market Crisis In Cannabis Industry? Here’s What TerrAscend’s Jason Wild Says
Jason Wild, executive chairman of TerrAscend Corp TRSSF, spoke at the Benzinga Cannabis Capital Conference in Miami. The discussion primarily revolved around the state of the industry and its future outlook. Wild emphasized the resilience of firms navigating...
Big Changes Coming To New Jersey’s Cannabis Market And Weed Giants Pay Fines
Cannabis regulators in New Jersey will begin accepting applications later this month for three more marijuana license categories. Starting September 27, the New Jersey Cannabis Regulatory Commission (NJ-CRC) will exclusively accept applications from social equity...
The memory business: Ernest Camera Shoppe to close end of September
After 40 years of helping customers see their memories come to life, Ernest Camera Shoppe will be closing its doors. Owner Terry Ernest said when he first bought his business in 1984, he thought he was in the camera business. However, he quickly realized he was...
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.
As Federal Rescheduling Gains Traction, This Cannabis Entrepreneur Wonders How Banking Factors In
As federal cannabis rescheduling gains traction in discussions, industry leaders evaluate how this potential shift could impact the business world. One such voice is Will Bowden, founder and CEO of …
Ohio recreational marijuana sales surpass $11.5 million during first week
Ohio legal weed sales topped $11.5 million in less than a week. The state’s total recreational marijuana sales was $11,530,708 as of Aug. 10, according to the Ohio Department of Commerce Division of …
EXCLUSIVE: How Can Virtual CFOs Future-Proof Cannabis Companies And Unlock Profits?
Explore how a virtual CFO can revolutionize profitability for cannabis companies with Guillermo Rodriguez’s expert insights.
Ohio recreational marijuana sales exceeding expectations after first week
After the first week of adult-use recreational marijuana across Ohio, the numbers have exceeded the expectations of even some retailers who are doing business in other states. The Ohio Division of …
New York Cannabis Store Rollout for Formerly Convicted Business Owners Could Be in Jeopardy
New York’s program placing the first 150 retail cannabis dispensary licenses into the hands of entrepreneurs with past marijuana convictions is now on pause as a lawsuit into the legitimacy of the program leaves New York Cannabis social equity in limbo. The state’s...
CT’s recreational marijuana sales top $68 million
Since recreational marijuana sales started in January, $68,979,910 worth of products have been sold, an average of about $9.8 million per month. CT MIRROR Recreational marijuana sales since January 2023. CT MIRROR In the first month, there were about $5 million in...
Cannabis activists urge NY regulators to delay weed licenses for big companies
Pot activists on Friday pressed state regulators to delay the entry of major medical marijuana companies into New York’s budding legal cannabis market, warning that larger players could snuff out smaller sellers. In a letter to the state Cannabis Control Board, the...
Maryland’s First Adult-Use Marijuana License Applications Will Open For Social Equity Businesses In November, Regulators Announce
Maryland officials have announced that the first round of applications for new adult-use marijuana dispensary, cultivation and processing licenses will open on November 13—reserved exclusively for social equity businesses. The Maryland Cannabis Administration (MCA)...
First Round of Maryland Cannabis Business License Applications Announced
MARYLAND – The Maryland Cannabis Administration has announced the first application round for cannabis business licenses, including those for social equity applicants in Maryland. The application round is set to begin on November 13 for social equity...
Recent Comments