Hancock owns 5% of a cannabis company. What happens now that cannabis is legal?
Long known for its apples and peaches, the town of Hancock may have found a new cash crop: cannabis. Hancock already profited hundreds of thousands of dollars from its stake in the Maryland arm of Trulieve, the largest cannabis company in the United States, and...
Medical, but hold the marijuana: new CBD source found in Brazil
Rio de Janeiro (AFP) – In a laboratory tucked away on a sprawling university campus in Rio de Janeiro, Brazilian molecular biologist Rodrigo Moura Neto is running tests on a seemingly ordinary plant with a potent secret. Issued on: 04/07/2023 – 04:04Modified:...
Missouri Holds Outreach Events As State Prepares For Marijuana Microbusiness Licensing Lottery
“Equity is not really mentioned in the microbusiness program, as far as the constitution is concerned, but I think that’s where we go back to the spirit of things.” By Rebecca Rivas, Missouri Independent Missouri’s cannabis industry is the new “gold rush,” said St....
SMALL CAP IDEA: Cannabis businesses
Two years ago, the London stock market was gripped with excitement about medical cannabis, with companies queuing up for a public listing. After the initial buzz, investors did not see many highs for the following year or so, but a budding revival has been apparent in...
Marijuana businesses sue to block new fees that will cost the industry millions of dollars
A group of medical marijuana businesses and an advocate for the industry have sued the state over fee increases they argue violate the Oklahoma Constitution. A new fee structure that went into effect June 1 raises licensing fees for dispensaries, processors,...
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.
SNDL’s ‘Aggressive’ Loan-To-Own Strategy Forces Delta 9 Cannabis Co. To Seek CCAA Protection
Delta 9 Cannabis Inc. (OTC: DLTNF) said on Monday that it had obtained an initial order for creditor protection from the Court of King’s Bench of Alberta under the Companies Creditors Arrangement Act …
Legal marijuana, big tax cuts and minimum wage: This year’s losers in the Pennsylvania budget
As they wrapped up votes on Pennsylvania’s new $47.6 billion budget last week, lawmakers agreed the plan wouldn’t make anyone completely happy. The deal increases spending on public education for this …
How long does marijuana stay in your system? What weed-users should know
The nationwide push to legalize marijuana got a major boost when the Biden administration announced a plan to reclassify marijuana from a Schedule I drug to a Schedule III drug in April 2024.
These Two Cannabis Stocks Face Setback Following Pennsylvania Budget Approval: What You Need To Know
Pennsylvania’s recent budget approval excludes the legalization of recreational cannabis, marking a significant setback for cannabis companies like Jushi Holdings (OTC: JUSHF) and TILT Holdings (OTC: …
Maryland law allowing recreational marijuana takes effect
Recreational marijuana use became legal for adults in Maryland on Saturday, allowing residents 21 and older to purchase, use, possess and cultivate limited quantities of the substance. Maryland residents voted for recreational cannabis use in a referendum in...
As a Business, Psilocybin Will Be a Bust, Law Firm Says
Looking to make money in psychedelics? Look elsewhere. That’s the message from lawyer Griffen Thorne at Harris Bricken Sliwoski LLP, a Portland firm that specializes in the legal cannabis industry, and, more recently, psychedelics. “Anyone familiar with the cannabis...
Recreational marijuana is legal in Maryland. Can Pennsylvanians buy it?
By BRIAN WITTE, The Associated Press ANNAPOLIS, Md. (AP) — Maryland is becoming the latest state to legally sell recreational marijuana to adults 21 and older, as businesses aim to tap into July Fourth festivities to kick off sales. About 100 stores that already have...
State’s cannabis equity fund finds a $150M investor
After a year of anticipation and delays, the state announced Friday that fundraisers secured an investor for a social equity fund that will help cannabis entrepreneurs launch recreational pot shops. Chicago Atlantic Admin LLC, which operates a publicly traded...
Legal Marijuana In Maryland Starts July 1, Businesses Gear Up
SILVER SPRING, MD — Starting Saturday, July 1, adults 21 and older in Maryland will be able to purchase cannabis from licensed dispensaries for recreational use. On May 3, Gov. Wes Moore signed into law the Cannabis Reform Act, making Maryland the 25th state or U.S....
Recent Comments