This year’s presidential election was a historic one for weed, with both major presidential candidates endorsing marijuana legalization for the first time ever. Kamala Harris said that she would legalize adult-use cannabis at the federal level. At the same time, Donald Trump announced that he was backing Florida’s Amendment 3, which would have legalized recreational weed in the … [Read more...] about The Weed Industry Isn’t Feeling Too Anxious About Trump 2.0
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Elton John Says Legalizing Weed Is ‘One of the Greatest Mistakes’
Elton John, who has been sober since 1990, believes marijuana never should’ve been legalized. “I maintain that it’s addictive,” he said in a new interview with Time, which named him Icon of the Year. “It leads to other drugs. And when you’re stoned — and I’ve been stoned — you don’t think normally. Legalizing marijuana in America and Canada is one of the greatest mistakes of … [Read more...] about Elton John Says Legalizing Weed Is ‘One of the Greatest Mistakes’
Connecticut cannabis sales climb, prices fall in November
The state continues to face competition from neighboring markets in Massachusetts and Rhode Island. Connecticut’s adult-use cannabis sales reached $17.6 million in November, the second-highest monthly total since the state’s recreational market launched in January 2023, according to data from the Department of Consumer Protection. Medical marijuana sales totaled $6.7 million … [Read more...] about Connecticut cannabis sales climb, prices fall in November
LeafLink acquisition of Leaf Trade to expand reach in wholesale cannabis
The combined LeafLink and Leaf Trade enterprise is expected to generate an annual gross merchandise volume (GMV) of $9 billion. B2B marketplace LeafLink has made an acquisition, taking in Leaf Trade, a wholesale platform serving multi-state operators (MSOs) and enterprise cannabis companies. New York-based LeafLink was founded in 2016. The companies did not disclose terms of … [Read more...] about LeafLink acquisition of Leaf Trade to expand reach in wholesale cannabis
Wisconsin Governor Says Marijuana Legalization Should Be A Priority In 2025 Session After Democrats Picked Up Legislative Seats
The governor of Wisconsin says marijuana legalization is one of several key priorities the state should pursue in the 2025 session, as lawmakers work with a budget surplus. During a budget listening tour stop last week, Gov. Tony Evers (D) laid out his administration’s post-election agenda, putting “legalizing marijuana” second on a list of items he’d like to see implemented in … [Read more...] about Wisconsin Governor Says Marijuana Legalization Should Be A Priority In 2025 Session After Democrats Picked Up Legislative Seats
House Dems take another shot at legalizing marijuana
House Reps. Dan Frankel, D-Allegheny, and Rick Krajewski, D-Philadelphia, are circulating a co-sponsorship memorandum for legislation they are drafting. It’s the latest in a string of legislation over the past few years aiming to legalize marijuana. Frankel and Krajewski want to expunge convictions for those affected by the state’s drug laws, reinvest money into communities … [Read more...] about House Dems take another shot at legalizing marijuana
Feds uncover 2 massive marijuana grow operations ‘hidden in plain sight’ in Southeast Georgia; 8 arrested
PIERCE COUNTY, Ga. – Eight Chinese nationals were arrested following the discovery of two “massive” illegal indoor marijuana grow operations in Pierce and Brantley counties. According to a federal indictment, the eight defendants worked together to distribute tons of marijuana. Federal investigators estimated that the operation existed between July 1, 2023, up to about Feb. … [Read more...] about Feds uncover 2 massive marijuana grow operations ‘hidden in plain sight’ in Southeast Georgia; 8 arrested
Mass. marijuana regulators propose 3 types of ‘social consumption spaces’
Massachusetts is inching closer to opening its first cannabis cafes, nearly a decade after voters authorized them as part of the 2016 legalization of marijuana. The state’s Cannabis Control Commission held a meeting last week to finally nail down the regulations for what they’re calling “social consumption spaces.” Based on the new rules, residents can expect three different … [Read more...] about Mass. marijuana regulators propose 3 types of ‘social consumption spaces’
Investigators haul away more than 45 tons of marijuana from San Bernardino County property
OAK HILLS, Calif. (KABC) -- Authorities seized some 90,000 pounds of processed marijuana, valued at more than $100 million, from a property in San Bernardino County. County investigators served a search warrant around 7 a.m. Monday at a five-acre property on Honeyhill Road in Oak Hills. Inside a newly-built metal structure on the property they say they found a massive … [Read more...] about Investigators haul away more than 45 tons of marijuana from San Bernardino County property
‘Teetering on the edge’: California pot shops owe $1.3 billion in back taxes
San Francisco’s Vapor Room cannabis dispensary has faced plenty of foes since it opened in 2003. It brawled in federal courtrooms with the IRS and was hit during crackdowns by the U.S. Justice Department. But now that weed is legal, it appears the one thing the storied dispensary can’t survive is California’s legal weed market. The dispensary is at risk of going out of business … [Read more...] about ‘Teetering on the edge’: California pot shops owe $1.3 billion in back taxes
