Connecticut is just a few weeks away from legal recreational cannabis sales. “The purpose of our organization is to help all the new people in this space, all the new businesses,” Connecticut Cannabis Chamber of Commerce President Adam Wood said. On Wednesday, the Connecticut Cannabis Chamber of Commerce hosted its first ever Together We Grow event. President Adam Wood said … [Read more...] about ‘Together We Grow’: Businesses Prepare for Legal Recreational Cannabis Sales
Why Marijuana Stocks Keep Going Down
What happened The news keeps getting worse for investors in marijuana stocks. Yesterday, cannabis news website Marijuana Moment warned of trouble getting the SAFE Banking Act (a bill to legalize banks providing banking services to marijuana companies) through Congress. Today, it appears that this warning was all too accurate. SAFE Banking will not be passed as part of a … [Read more...] about Why Marijuana Stocks Keep Going Down
Business Report: Cannabis lounges, strong NJ tourism
New Jersey’s cannabis industry continues to take shape with several new developments. And the latest thing could be cannabis consumption lounges. The Cannabis Regulatory Commission approved proposed rules at its meeting last Friday that would allow any cannabis retailer to have indoor or outdoor enclosed consumption lounges. Under the rules, the lounges would be open to those … [Read more...] about Business Report: Cannabis lounges, strong NJ tourism
Mark Zuckerberg Sued For ‘Aiding And Abetting Aggravated’ Marijuana Investment Fraud
CEO Mark Zuckerberg. The lawsuit argues that the Facebook platform has a responsibility for its role in a recent marijuana investment scheme, JucyFields. According to Olofsson, the rapid decision by the court, in just 36 hours of the filing, is already a “massive win” that will “send a message to the others we have in our legal path that we are proceeding ahead, full steam, … [Read more...] about Mark Zuckerberg Sued For ‘Aiding And Abetting Aggravated’ Marijuana Investment Fraud
Company behind “Death by Gummy Bears” marijuana edibles accused of selling products 50 times more powerful than allowed
The Minnesota pharmaceutical board filed a civil lawsuit this week alleging that a cannabis retailer sold edible products containing more than 50 times the state's legal limit for THC. The retailer, a business conglomerate called Northland Vapor, was specifically accused of violating Minnesota's edible cannabinoid laws with marijuana items marketed under its "Death by Gummy … [Read more...] about Company behind “Death by Gummy Bears” marijuana edibles accused of selling products 50 times more powerful than allowed
Marijuana banking left out of national defense bill; cannabis multi-state operators fall
The SAFE Banking Act, legislation that would allow legal cannabis businesses to work with the US financial system, will be left out of the National Defense Authorization Act, Politico reported. Inclusion in the bill was seen as a promising vehicle to get the banking legislation passed. Senate Minority Leader Mitch McConnell (R-Ky.) criticized Democrats' attempts to include any … [Read more...] about Marijuana banking left out of national defense bill; cannabis multi-state operators fall
Jacksons follows Circle K with cannabis retailer partnership
Jackson BevCo, Inc. has entered into an agreement with CordovaCann, a cannabis-focused consumer products and retail company, to facilitate the opening and operation of cannabis retail stores within or beside convenience stores owned and operated by the company. Cordova is set to facilitate the opening of cannabis retail stores in all aspects requested by Jacksons, but with … [Read more...] about Jacksons follows Circle K with cannabis retailer partnership
Out of the shadows: How legalized cannabis left would-be Northern California entrepreneurs bitter, broke and angry
HONEYDEW — In the decades before legalization, Gary and LaDonna Haga secretively grew marijuana in the coastal redwood forests of Northern California because why wouldn’t they when it sold for $4,000 a pound? They knew their isolated corner of Humboldt County like the backs of their hardworking hands. They hid plants from law enforcement helicopters and crafted elaborate … [Read more...] about Out of the shadows: How legalized cannabis left would-be Northern California entrepreneurs bitter, broke and angry
Poison center reports for child marijuana use rose 245% in last 20 years: Study
ABC News Between 2000 and 2020, reports to poison centers for child and teen marijuana use increased by 245%, according to a new study from the Oregon Health and Science University. The researchers analyzed more than 330,000 reports in the National Poison Data System over the last 20 years and found the increase in marijuana rates was the most of any substance, with the … [Read more...] about Poison center reports for child marijuana use rose 245% in last 20 years: Study
Study Finds Weed Cases Are Clogging Pennsylvania Courts
HighTimes Marijuana-related criminal cases are clogging local courts in Pennsylvania and putting an unnecessary burden on scarce law enforcement resources, according to a new study from a justice reform advocacy organization. The Lehigh Valley Justice Institute, a nonpartisan research and advocacy group based in Allentown, Pennsylvania, reviewed 27,826 criminal cases of all … [Read more...] about Study Finds Weed Cases Are Clogging Pennsylvania Courts
