A new Missouri law might make it easier to get a marijuana business loan. Here’s how
Missouri Gov. Mike Parson recently signed a new law that will make it easier for some banks to grant loans to marijuana businesses. The new law will also require those businesses to submit fingerprints for all marijuana company employees to the state highway patrol...
Newest cannabis dispensary licensees join hunt for retail space on Long Island
Years after serving time for selling weed, newly-licensed cannabis vendors are searching for property on Long Island, where they may openly return to the trade. Two Long Islanders in their 40s, who pivoted into legit careers once out of prison, were among 24...
Berkeley enacts a tax holiday for struggling cannabis industry
Berkeley’s cannabis industry is back in business. A new temporary “tax holiday,” lasting from January 2023 until July 2025, aimed at supporting legal chains was passed unanimously by city council on July 11. The tax poses a new solution to the long-lasting challenges...
Detroit to accept applications for recreational marijuana retail licenses Aug. 1
CBS News Detroit Digital Brief for July 24, 2023 CBS News Detroit Digital Brief for July 24, 2023 02:33 (CBS DETROIT) – The city of Detroit will soon begin accepting a second wave of applications for marijuana business licenses. The application period will...
Cannabis legalization at the federal level won’t happen soon, analyst predicts, even as more states open up to adult-use market
Further consolidation of the cannabis industry and more cross-border transactions and listings on the Toronto Stock Exchange are likely over the next 18 months, but full U.S. legalization is not, cannabis analyst Pablo Zuanic said Monday. “We do not expect major...
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.
New York Improves Cannabis Advertising Rules
New York’s Cannabis Control Board (“CCB”) proposed amendments to cannabis advertising and marketing rules and regulations. If approved, these …
Denver’s Marijuana Mansion closes, property sells to developer
A historic mansion in Denver’s Capitol Hill neighborhood recently sold for $1 million.Nicknamed the Marijuana Mansion, the 5,716-square-foot property at 1244 N. Grant St. has 13 bedrooms and has been …
Only 27% Of U.S. Cannabis Businesses Are Profitable, Survey Shows
Cannabis businesses in the U.S. are struggling to break even—let alone become profitable—and a new survey illustrates the problem in terms of numbers.
Saratoga Springs welcomes woman-owned cannabis business as first dispensary
Saratoga Springs’ first adult-use marijuana dispensary is celebrating their opening today, made possible by a partnership …
Woodland Cannabis Dispensary holds open house in downtown Woodland
The Woodland Cannabis Dispensary held its second open house Friday at 163 Court St. in an attempt to engage with interested or concerned community members. “We are a group of local longtime holistic health practitioners who are focused on providing high-quality...
Rochester council to continue cannabis ordinance review Monday
ROCHESTER — Discussion of delaying the start of new cannabis retail businesses in Rochester will resume Monday. The Rochester City Council is slated to resume the public hearing on a proposed ordinance to prohibit operation of new cannabis businesses in the city...
Grow business: Cannabis cultivator and product manufacturer finds a home in the suburbs
You’ve probably seen the adult-use cannabis dispensaries that have popped up around Illinois since the state legalized recreational marijuana use in January 2020. Today, Illinois has 113 of them, according to the Illinois Department of Financial and Professional...
You can’t use a credit card to buy marijuana at a metro Detroit dispensary. What to know
Michigan voters legalized the recreational use of marijuana in 2018 for anyone who is at least 21 years old, setting up a state system that licenses, regulates and taxes the businesses involved. Since then, hundreds of recreational dispensaries have opened around the...
Some Minnesota hemp growers see new marijuana law as a threat to their industry
ZUMBROTA, Minn. — Do not count Ted Galaty of Zumbrota a fan of Minnesota’s new marijuana law. On Aug. 1, a red-letter day for marijuana advocates will arrive. Adults will be able legally to smoke weed under a new law that is expected to ignite a new home-grown...
Recent Comments