How Michigan’s booming marijuana industry is affecting customers, businesses
The legalization of recreational marijuana in Michigan has had quite an impact. June was a record month with recreational sales of over $254 million, and medicinal sales close to $7 million. With all that cash flowing, the tax dollars from those sales are also making...
NY favors drug felons over disabled veterans to sell marijuana, suit claims
Four New Yorkers who served in the U.S. Armed Forces have sued Gov. Kathy Hochul’s administration, accusing state officials of favoring convicted drug felons over disabled vets in the awarding of licenses to sell legal marijuana. The lawsuit alleges regulators...
Diddy’s $185M Deal With Cannabis Company Goes Up In Smoke
HipHopWired Featured Video Source: Variety / Getty The legal cannabis business is all the rage these days and with your favorite Hip-Hop artists getting in on the game, Diddy decided it was the perfect time to buy his way into the business. Unfortunately, things...
Pontiac cannabis redevelopment collapses into massive lawsuit with city
It’s the latest twist in a yearslong fight between Rubicon — whose members are Brown, Rita Bolis, Manuel Ferraioulo and Brad Klintworth — and Pontiac, where the development group was supposed to turn the decrepit 26.5-acre property northeast of downtown into a...
Florida Attorney General Says Voters Are Too Stupid To See Through Marijuana Company’s ‘Monopolistic’ Legalization Push
Florida’s attorney general is suggesting that voters are too stupid to understand that marijuana would remain federally illegal even if they approved a cannabis legalization initiative at the state’s ballot next year—and therefore they can’t be trusted to decipher 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.
Cannabis business owned by Cherokees in North Carolina to begin sales to any adult in September
The marijuana retailer owned by the Eastern Band of Cherokee Indians on western North Carolina tribal lands announced Thursday that it will begin selling cannabis products to anyone age 21 or over …
Former Democratic operative settles $1.2 million debt with South Dakota cannabis growers
The case ends a two-year saga that began when Hailer approached 605 Cannabis founder Ned Horsted with an attractive business opportunity for him and the two founders of another cannabis company, …
CEO of Minnesota’s largest adult-use marijuana operation reflects on one year of legalization
Today marks one year of legalized recreational marijuana. MPR News host Cathy Wurzer spoke with Zach Wilson, CEO of the White Earth operation known as Waabigwan Mashkiki, to reflect on this first year …
Eastern Band of Cherokee announce opening date for recreational marijuana; 1st in NC
The Great Smoky Cannabis Co. run by the Eastern Band of Cherokee Indians announced the early September opening on social media Aug. 1.
Former Oregon Marijuana Regulator Claims Governor Ousted Him At Behest Of Cannabis Business Owner
He claims a cannabis business owner used campaign contributions as “leverage” to have him “pushed out of office when his work concerning Oregon’s cannabis industry stood in her way.” By Lynne Terry, Oregon Capital Chronicle Gov. Tina Kotek (D) faced pressure from...
Demystifying the dormant commerce clause’s considerations for cannabis
August 2, 2023 – While we all sit around and twiddle our thumbs waiting for the Congress to de-schedule cannabis, some western states are quietly investigating the possibility of interstate cannabis markets. It appears some states now feel comfortable enough to...
How many dispensaries need to open – and by when – to meet NY’s cannabis tax revenue projections
Join NY Cannabis Insider at our next industry networking event on Aug. 15 at Madame Mikette’s in NYC. Tickets will sell out. This guest column is from Paula Collins, EA, Esq., a tax attorney dedicated to the cannabis industry and a co-founder of the NY Consortium of...
Recreational marijuana is now legal in Minnesota, but the state is still working out retail sales
MINNEAPOLIS — Minnesota’s legalization of recreational marijuana went into effect Tuesday, allowing people 21 and older to legally possess and grow their own marijuana for recreational purposes, subject to limits as the state establishes a legal cannabis...
What’s Killing Social Equity In Cannabis? Lack Of Banking
Sean Berte and Armani White are the poster children for cannabis social equity businesses. Boston natives both, the duo set out to use the well intentioned social equity regulations to obtain a license and open a store in their hometown. Firehouse’s Sean Berte...
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