Police executed simultaneous raids at nine vape stores in North Texas earlier this week, making more than a dozen arrests after investigators allegedly found products being sold to minors and at significantly higher THC levels than allowed under state law. In an industry made up of a wide spectrum of intents, the dark cloud of raids hangs over the heads of all. Workers at … [Read more...] about As Texas cannabis stores get raided, workers live under dark cloud
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Pre-Rolls Could Overtake Cannabis Flower And Vape Pens As Consumers Spend Billions On Ready-To-Smoke Joints
Pre-rolls are holding their own and then some as one of the most popular marijuana product types in the U.S. That's according to a recent study by product manufacturer Custom Cones USA which found that pre-rolls accounted for over $4.1 billion in sales revenue with more than 394 million units during 2023 and the first half of 2024. Based on point-of-sale data from the cannabis … [Read more...] about Pre-Rolls Could Overtake Cannabis Flower And Vape Pens As Consumers Spend Billions On Ready-To-Smoke Joints
Cherokee nation expands dispensary to sell recreational marijuana
A Cherokee nation marijuana retailer will begin selling cannabis products to anyone over the age of 21 on Sept. 7, following a three year effort to legalize marijuana for the tribe. On April 20, the Great Smoky Cannabis Company — North Carolina’s first marijuana dispensary — began selling medical marijuana to anyone 21 or older with a tribal medical marijuana card or a valid … [Read more...] about Cherokee nation expands dispensary to sell recreational marijuana
2 Million Brits Are Self Medicating With Cannabis, The Market Soars 10% Monthly – Will National Health Service Prescriptions Catch Up?
The UK’s medical cannabis market is expanding rapidly, with growth estimated at around 10% per month, according to Jon Robson, CEO of Mamedica, a leading medical cannabis clinic. Despite this impressive growth, access to medical cannabis remains largely confined to illicit channels and a limited private sector, as National Health Service (NHS) prescriptions remain highly … [Read more...] about 2 Million Brits Are Self Medicating With Cannabis, The Market Soars 10% Monthly – Will National Health Service Prescriptions Catch Up?
Trump suggests he supports marijuana legalization in Florida
Amendment 3 will be on the ballot in the November general election. A political expert with the University of Central Florida believes there was a political strategy behind Trump's post. "If people are supportive of marijuana, that gives him a way to say Donald Trump is not so conservative. I can still vote for Donald Trump and vote for marijuana and I can have it both ways," … [Read more...] about Trump suggests he supports marijuana legalization in Florida
Pot stocks fall as US DEA pushes cannabis reclassification hearing to December
(Reuters) - Shares of cannabis companies sank on Tuesday after the U.S. Drug Enforcement Administration (DEA) postponed its cannabis reclassification hearing to Dec. 2, after the U.S. presidential election. The Department of Justice, which oversees the DEA, said Attorney General Merrick Garland recommended cannabis be reclassified as a Schedule three drug instead of Schedule … [Read more...] about Pot stocks fall as US DEA pushes cannabis reclassification hearing to December
Citrus, Marijuana May Replace Vanishing South African Coal Jobs
South Africa could replace coal and power-station jobs by investing in citrus and marijuana plantations to produce hemp in its coal belt as the nation, which is the world’s 15th-biggest producer of greenhouse gases, tries to wean itself off dependency on the dirtiest fossil fuel, a study showed. The eastern Mpumalanga province, which accounts for 87% of the South Africa’s … [Read more...] about Citrus, Marijuana May Replace Vanishing South African Coal Jobs
Medical marijuana is on the ballot in counties and cities across Kentucky
Voters in dozens of cities and counties across Kentucky will vote in November on whether to allow medical cannabis businesses to operate there. Kentucky’s new medical marijuana program will go into effect on Jan. 1 next year, but where licensed businesses will be able to operate within the state is up to voters in dozens of local ballot referendums this fall. Passed into law in … [Read more...] about Medical marijuana is on the ballot in counties and cities across Kentucky
Budr loses second bid to open Bridgeport cannabis dispensary at amphitheater
BRIDGEPORT — Zoning officials for the second time have rejected an attempt by Budr Cannabis to open a year-round retail marijuana location within the Hartford HealthCare Amphitheater. "It was definitely disappointing," said Carl Tirella Jr. the company's co-founder, of the zoning commission's denial Tuesday of Budr's application. "This location itself ... is really a perfect … [Read more...] about Budr loses second bid to open Bridgeport cannabis dispensary at amphitheater
As some cannabis businesses struggle to launch, license sales emerge as exit strategy
Thomas Macre (right), founder of Connecticut cannabis dispensary chain Still River Wellness, said his company has been approached by delivery service companies looking to sell their licenses. With Connecticut’s adult-use cannabis market nearing its second anniversary in January, merger-and-acquisition activity could ramp up as more companies reach the final licensure stage and … [Read more...] about As some cannabis businesses struggle to launch, license sales emerge as exit strategy
