Cannabis Companies Get Some State Tax Relief: This Week in Cannabis Investing
© Getty Images null Connecticut’s legal adult-use cannabis market may be young, but it is already experiencing great success. In May, adult-use recreational marijuana sales eclipsed medical sales for the first time in state history. This is a great milestone for...
Cannabis industry stakeholders share their thoughts on proposed marijuana rule changes
© Mandi Wright Mid-Michigan-based cannabis company Green Peak Industries, which operates under the brand name Skymint, went into receivership in March 2023 after a lender sued the company, claiming it is owed more than $127 million. A lengthy list of proposed rule...
Brooklyn Center Council Approves Cannabis Business Moratorium Through 2024
5:11 PM | Thursday, June 15, 2023 The Brooklyn Center City Council approved a cannabis business moratorium on June 12. It runs through the end of 2024. The decision comes after the state legislature approved a law legalizing recreational cannabis effective Aug. 1....
Syracuse’s first cannabis dispensary ready for newbies to weed
Mike Flynn created the logo for Syracuse’s newest small business in 2019, long before he knew his business would even be allowed to open. On Friday it will. The FlynnStoned Cannabis Company is the first in Syracuse with a license to sell state-sanctioned, highly...
Is cannabis really such a terrible weed to Earth?
Smoke it. Eat it. Rub it on. Marijuana products have become more ubiquitous in recent years as recreational use and cultivation have been legalized in many states and cities across the country. With access and demand both increasing, it begs the question, is it...
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.
NYC Illegal marijuana shops facing surprise raids, big fines. Here’s what we saw on a ride-along.
Some smoke shop owners have filed a lawsuit against the city, arguing the raids are a violation of their due process rights. Adams talked about how the legalization of marijuana in New York was about …
The state of medical marijuana in Oklahoma: ‘Painful’ rightsizing of industry, official says
Jul 6, 2024 Jul 6, 2024 Updated 2 hrs ago 0 Oklahoma’s once high-flying medical marijuana industry has gone from boom to near bust in the past three years, and a “painful” rightsizing reflected by …
State agencies make efforts to raise confidence in marijuana industry, oversight
While some course corrections have been made, Oklahoma Medical Marijuana Authority Executive Director Adria Berry said a lot of work remains, and some who are in the business now may not be in a few …
Marijuana facility prepares for $1B market in Ohio
A local community has been experiencing the benefits of the marijuana business. Read on for what this means for Ohio and the Dayton region. A local community has been experiencing the benefits of the …
More Money, More Problems? Cannabis Industry Highlights Cash-Based Risks of Emerging Markets
Last month, Minnesota became the 23rd state to legalize recreational use of cannabis, and observers expect at least a couple of other states to follow suit this year. But while cannabis legalization efforts continue on the state level, the drug remains criminalized...
Top Cannabis Stocks for June 2023
SNDL leads for value and growth, while GTBIF leads for...
Cannabis company, after $6M capital raise, makes acquisition
Green Check Verified, a Bonita Springs fintech company focused on the cannabis industry, has acquired Komplyd, a San Jose, California-based cannabis data compliance company. Terms of the deal weren’t disclosed. Komplyd, according to a statement, is billed...
San Jose to loosen cannabis rules
The San Jose City Council approved changes to existing regulations on dispensaries, expanding where they can set up shop and relaxing expensive annual audit requirements. APPLE INC. -0.48 -0.26% CONSTELLATION BRANDS, INC. +2.97 +1.22% TESLA, INC. +8.88 +3.55%...
With R.I. cannabis commission confirmed, more stores could open in 2024
© Kylie Cooper for The Boston Globe From left, Robert B. Jacquard, Kimberly R. Ahern and Olayiwola Oduyingbo pose for a photo after being appointed to the Rhode Island Cannabis Control Commission during a state Senate meeting at the State House in Providence, R.I. on...
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