Cannabis Manufacturer Applies For Cinnaminson Facility
CINNAMINSON, NJ — A cannabis business has its eyes on Cinnaminson for a manufacturing facility. Capitol Extracts NJ, LLC applied to open the facility in the Cinnaminson’s Industrial Zoning District, where the township allows for the zoning of certain cannabis...
State Supreme Court judge grants exemptions to injunction in cannabis lawsuit
Aug 25, 2023, 9:31pmUpdated 3h ago By: News 12 Staff A handful of recreational cannabis retailers, whose business plans were stopped in their tracks by a lawsuit against the state’s licensing program, have been given new life. A veterans group is suing the state...
Innovative Industrial: Top Cannabis Pick With 9% Dividend Yield
halbergman Innovative Industrial Properties (NYSE:IIPR) is a curious phenomenon. The cannabis REIT is generating enviable 83.3% free cash flow margins yet continues to trade near a double-digit dividend yield. The source of the weakness appears due to the never-ending...
Do cannabis farms count as agriculture? The answer could cost Michigan schools.
The state’s funding sources for education come from a variety of places, including sales tax, use tax, tobacco taxes and the lottery. But agricultural properties in the state are given exemptions from certain local school operating taxes, which can tax up to 18...
Little Falls may allow marijuana sales businesses within its borders
LITTLE FALLS — The township is reviewing an ordinance that if passed, will allow for the retail sale of cannabis within its borders. While the township currently allows other classifications of cannabis commercial activities such as wholesaling and manufacturing, 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.
Utility company’s proposal to rat out hidden marijuana operations to police raises privacy concerns
A Maine utility wants to be an ally with law enforcement in the crackdown on illegal marijuana grow operations — if it can overcome privacy concerns.
3 Beaten-Down Stocks Trading Below Book Value. Are They Deals or Value Traps?
Three stocks that are trading below their book values today are Tilray Brands (NASDAQ: TLRY), Walgreens Boots Alliance (NASDAQ: WBA), and Kraft Heinz (NASDAQ: KHC). Here’s a look at how far below book …
Cannabis shop owner accuses police of dawdling on $389,000 marijuana theft arrest
The co-owner of a state-licensed cannabis shop has accused Blasdell Police of “dragging their feet” in an investigation into the Feb. 23 theft of $389,000 in marijuana products from the business.
Directors of licensing, testing leave Cannabis Control Commission
The Cannabis Control Commission’s directors of licensing and testing have left their jobs, the latest personnel shakeup at a state agency that has been beset by leadership changes and a call from the …
3 Millionaire-Maker Cannabis Stocks to Hold Through Thick and Thin
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Cannabis stocks are far from creating sustainable values. There have been two instances when cannabis stocks have skyrocketed on hopes of robust growth and legalization in the last five years....
Allen Iverson’s marijuana strains to be sold in Pennsylvania this fall
Allen Iverson’s impact on the game of basketball is well-documented, and the former NBA MVP is still lauded as one of the most influential players 13 years after his last game. The Answer, as he is affectionately known, also has a cultural influence that extends...
NY’s stalled cannabis industry awaits Friday hearing
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Do first cannabis tax collections understate the size of the hemp-derived edibles business?
The first taxes collected from Minnesota’s new cannabis tax that took effect July 1 show that the hemp-derived market is smaller than estimated, or a lot of people selling edibles and beverages have not yet reported their taxes. In the first month, the 10% sales tax...
First month of Minnesota’s cannabis tax nets the state nearly $600K
Minnesota’s first batch of state cannabis taxes paints the clearest picture yet of just how much money residents and visitors are spending on legal hemp-derived THC gummies and drinks: At least $6 million last month. If July proves to have been a typical month...
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