In-Depth Marijuana Industry News and More
Industrial hemp and it’s blossoming future in Texas is a popular topic these days, admits Joshua McGinty, AgriLife crops expert. “There’s a lot of people who show up for and against hemp production,” said McGinty, an assistant professor and extension agronomist at Texas A&M. “But either way, they show up – and pay attention.” At […]
Nevada officials have begun to crack down on marijuana businesses amid allegations of possible corruption and lax regulation in the state’s young but lucrative industry. This week, members of a new task force have conducted unannounced spot inspections at several of the state’s licensed marijuana testing laboratories. Those inspections follow allegations of marijuana testing manipulation and concerns over how […]
Buoyed by wide-scale public support, legislation to legalize and properly regulate cannabis in the U.S. on the state and federal level continues to gain steam. So why are commercial and investment banks moving in the opposite direction? And what are the risks to U.S. companies and workers who are trying to build out this high […]
Cannabis has been anointed by Wall Street as one of the fastest-growing industries on the planet. After sales more than tripled worldwide between 2014 and 2018, Wall Street has forecast a roughly fivefold to 18-fold increase in global annual revenue by the time 2030 rolls around. This type of growth is impossible for Wall Street […]
The governors from several Northeastern states said Thursday they want to work together to regulate marijuana and vaping, including possible regional restrictions on flavored vaping products. Democratic governors from New York, Connecticut, New Jersey and Pennsylvania met in New York City with health and legislative officials. Representatives from Massachusetts and Colorado were also on hand […]
A new report into the German cannabis market estimates the total number of patients has risen 60,000 in less than two years since first approved for medical use. The ‘Germany Cannabis Report’ from Prohibition Partners also states that within a few years that number will have risen to one million patients. And, it estimates the […]
Baking, cooking and mixing food and drink with cannabis extracts and concentrates is a fine art that can take a really long time to perfect. It’s science, after all. With the right techniques, you can skate by even as a beginner. Use this list to make sure your knowledge is up to speed as a […]
Why do consumers love drinkable cannabis? Let us count the ways. It’s discreet, it requires no special equipment, it tastes good, and it’s a familiar and safe delivery system. Weed-infused drinks make up one of the fastest-growing segments of the cannabis market. It’s a sprawling category that includes tinctures to mix with cocktails; non-alcoholic alternatives to […]
Six months after Gov. Brian Kemp signed a law allowing companies to grow and sell medical marijuana in Georgia for the first time, the program remains stalled because he and other top politicians still haven’t appointed members of a commission to oversee the expansion. Aides to Kemp, Lt. Gov. Geoff Duncan and House Speaker David […]
From legalization to legal sales, Maine is inching toward the slowest adult-use marijuana rollout in the U.S., with economists saying the three-year wait for stores to open will have cost Maine more than $82 million in taxes and 6,100 industry jobs. The delay has caused some investors and industry experts to take their dollars and […]
Florida voters may have the opportunity to legalize recreational marijuana at the ballot box next year, and a new study may help bolster the advocates’ case. The study, conducted by New Frontier Data, a Washington, D.C.-based think tank dedicated to providing empirical research on cannabis, suggests that the state could see a significant uptick in […]
For many New York cannabis businesses operating in the illicit or gray market, preparing to go mainstream is essential. Some have made the move and are ready to share their wisdom. For those who haven’t, preparing during the lead up to the state’s eventual adult-use legalization could prove critical to securing a place in the […]
Cannabis companies looking to move product should market to millennial males, according to a new consumer demographics study by Headset. In “The Demographics of Cannabis Consumers 2019” the Washington-based cannabis data analytics company looked at the state’s online cannabis sales from Jan. 1 to Aug. 31, 2019 and found millennials make up over half of […]
Cresco Labs was awarded licenses to sell recreational marijuana from its five existing Illinois stores starting in January, but it’s uncertain whether sales will begin in Chicago Jan. 1. Black Caucus Chairman Ald. Jason Ervin, 28th, introduced a proposed ordinance Wednesday that would push back the start of marijuana sales in the city from Jan. […]
For those who follow the pot stock market, they know that the past few months have been less than kind to the industry. This is due to a variety of factors. As pot stocks are still very much an infant market, it seems as though any news that comes out can adversely or positively affect […]
At this time last year, marijuana stocks were the greatest thing since sliced bread. Growth projections for legal marijuana were off the charts, with one analyst on Wall Street forecasting up to $200 billion in global annual sales by 2030. But oh, how the tables have turned. One Wall Street investment bank sees significant downside […]
Those who keep a close eye on the marijuana stock market have seen there be better days in the past few months. This, however, is shadowed by the multi-billions worth of growth that is supposed to occur in the near future. With projections showing the market reaching triple-digit billions within the next ten years, it […]
The marijuana stock market is reportedly worth double-digit billions in the present day around the world. With so much money pouring into an industry that was only just legalized a few years ago, it seems as though we are on the cusp of something large. Many of the most popular pot stocks to watch have […]
California may have been the first in the country to pioneer cannabis law reform, but the Golden State is still struggling to eliminate the black market and sell affordable, legal pot, writes Erin Hiatt. In 1996, California voters passed Prop 215 to legalize medical marijuana. In the years immediately following its passage, medical cannabis was […]
A proposal unveiled Wednesday for legal marijuana sales throughout New Mexico would use taxes to subsidize medical pot purchases for low-income patients and set aside money for police and loans to cannabis startup companies. A panel appointed by Gov. Michelle Lujan Grisham, a Democrat, published recommendations for legalization that take cues from other states that regulate recreational marijuana markets. […]
