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....
‘Ready for war’: Auburn-area cannabis businesses remain open after raid
David Wilcox The two unlicensed cannabis dispensaries in the Auburn area that were raided by authorities on Tuesday remain open, and their owner declared that he’s “ready for war” with the state. David Tulley, of Lyons, told The Citizen on Friday...
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.
World Drug Day: The evidence is clear: invest in prevention
On June 26, the world observed the International Day against Drug Abuse and Illicit Trafficking, also known as World Drug Day, centered around the theme “The evidence is clear: invest in prevention.” …
Delaware moves to kick-start retail weed industry and give $6.2M to social equity licensees
State officials say letting medical providers begin growing marijuana this fall will let the retail industry open in April. Others say it gives them an unfair boost.
July 15 Daily Briefing: Cannabis retailers struggle, Section 14 documents sought, library fundraising, and more
In today’s Daily Briefing we look at the current state of the city’s retail cannabis business, report on a call for Section 14 information, and highlight an effort to raise funds for the library.
NY’s medical cannabis sales in decline as retail ramps up
The company’s latest New York forecast for 2025 is $119 million in medical marijuana sales compared to $1.4 billion in recreational use sales. And in 2026, medical sales are expected to drop to $108 …
Tobacco Vs. Cannabis: Why Doesn’t The U.S. Government Want Our Money?
Legalizing cannabis presents an opportunity for the federal government to tap into a valuable source of revenue. Instead of relying solely on sales taxes, the integration of the cannabis industry into the legal space can generate substantial personal and corporate...
Osseo Mulls Cannabis Business Moratorium Through 2025
4:07 PM | Thursday, June 29, 2023 Osseo residents aren’t likely to find recently-legalized cannabis products at their local corner store in the near future. But THC-based edibles that were legalized last year might be available in a limited number of stores as early...
Contamination, PFAS, and the Cannabis Industry
Per- and polyfluoroalkyl substances (PFAS) are a class of man-made chemicals used in various industries, such as food packaging, cosmetics, and household products. More than 10,000 chemical substances can be classified as PFAS in the United States. However, despite...
Top Labor Union Urges Biden Admin To Support Marijuana Workers And Stop Industry Monopolization While Ending Prohibition
A leader of one of the country’s largest labor unions is calling on the Biden administration to enact a complete end to federal marijuana prohibition—and couple that reform with specific policies that address the harms of the drug war, protect cannabis workers and...
California Voice: State’s legal cannabis market could soon implode
The chief financial officer of the cannabis company MariMed was recently asked where her team was considering expanding. Her reply: “Not California.” Susan Villare is not alone in that sentiment. Numerous well-capitalized businesses are pulling up...
Recent Comments