Hull town meeting voters turn a new leaf in support of recreational marijuana
HULL − Five years after the town banned recreational marijuana dispensaries, residents have turned a new leaf. An overwhelming majority of more than 300 voters at a special town meeting Thursday supported allowing the sale of recreational marijuana. Such sales will...
Changes to cannabis laws could see return of community impact fees
After years of demanding cannabis businesses pay up to open up in Massachusetts, with municipalities charging community impact fees that reached 3% of gross yearly profits in anticipation of problems, the state Legislature clarified the laws surrounding host community...
Proposal Sent To Federally Reclassify Marijuana As Schedule 3 Drug
Currently, marijuana is a Schedule 1 drug and on the level with heroin and methamphetamine. But, the proposal asks the DEA to reclassify it as Schedule 3 — still illegal and restricted — but on level with anabolic steroids or ketamine. Sunday, September 3rd 2023,...
Medical marijuana companies slam Hochul over NY’s legal weed rollout mess: ‘Abused authority’
Medical marijuana sellers have urged Gov. Kathy Hochul to allow them to peddle their product to all adult consumers — after being blocked from the Empire State’s law legalizing pot sales. The four medical cannabis operators — who were the first in New York to be...
Rescheduling Won’t End The War On Cannabis, But Could Open A New Battlefront If We’re Not Careful (Op-Ed)
“Lacing up for a victory lap over rescheduling is premature and short-sighted while federal cannabis prohibition is still alive and well.” By Khurshid Khoja, Greenbridge Corporate Counsel Contrary to decades of reefer madness propagated by our federal government, 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.
Recreational marijuana sales brings questions around quality assurance
Prior to the start of recreational sales, the Department of Cannabis Control issued a product alert at the end of July on a cannabis-infused edible produced by Buckeye Relief, which has a 60,000 …
Cannabis Lender Safe Harbor Q2: Net Income Hits $0.9M Amid Cost Cuts, Adjusted EBITDA Up 14.5%
SHF Holdings, Inc. (NASDAQ:SHFS), doing business as Safe Harbor Financial, a provider of financial services and credit solutions for the cannabis industry, announced its financial results Wednesday …
Small business owners complain outsiders are trying to corner market on medical marijuana in Kentucky
Jason Smith and his partners are certain outsiders are working together to create separate LLC’s and then applying for a license on the exact same property.
California seizes 2.2 million illicit cannabis packages designed to look like candy, sweets
California’s Unified Cannabis Enforcement Taskforce seized the packages during a sting operation targeting 11 downtown Los Angeles businesses, according to state officials.
3 Cannabis Stocks Soaring on HHS’ Recommendation to DEA
On Wednesday, the U.S. Department of Health and Human Services (“HHS”) sent its recommendations to the Drug Enforcement Administration (“DEA”) that marijuana be reclassified as a lower-risk drug. This development will boost the budding cannabis business, which has...
Rescheduling marijuana is the wrong approach. It should be descheduled entirely
The global cannabis industry, regulators and activists are abuzz with what Politico is referring to as “potentially the biggest change in federal drug policy in decades:” Department of Health and Human Services Secretary Xavier Becerra has recommended to...
Cannabis Culture Redefining Business Models: Insights From Benzinga Cannabis Conference
Ever wondered how the fusion of cultural values and cannabis business models could amplify your financial gains? Curious about how cannabis culture’s evolution could impact your investment portfolio? Chicago is gearing up to host the Benzinga Cannabis Capital...
Social equity portal verifies first round eligibility for cannabis business licenses
ANNAPOLIS, Md. — A new portal created by the State of Maryland will verify an applicant’s social equity status before they can become eligible for a cannabis business license. The portal was introduced Friday by the Maryland Cannabis Administration, and will be...
Rescheduling of Cannabis Could Reshape Banking, Affect FinCEN and IRS Regulations, according to the Cannabis Banking experts at StandardC
SAN FRANCISCO, Sept. 1, 2023 /PRNewswire/ — The U.S. Health & Human Services Department (HHS) recommendation to reschedule cannabis from a Schedule I to a Schedule III drug1 will transform the cannabis industry and create new opportunities for banking...
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