Help shape our annual “Diversity in Cannabis” special report by filling out our business survey here! Marijuana prices in Oregon have dropped to their lowest levels ever because of the oversupply resulting from last year’s record-breaking harvest. Nearly 12.3 million pounds of marijuana was harvested in the state in 2024, but demand for cannabis products is flat at $960 … [Read more...] about Oregon’s marijuana glut leads to lowest prices ever, regulator says
cannabis
Revealing “Dirty Weed”: Pesticides in Cannabis Raises Health Concerns, as Advocates Advance Organic Solution
Months after publishing a June 2024 study regarding concentrations of pesticides discovered in legal (and illegal) cannabis products in California, the Los Angeles Times has released a follow-up exposé highlighting extensive pesticide contamination, including from “hidden” pesticides that regulators have not monitored. The authors conclude that in California’s legal weed … [Read more...] about Revealing “Dirty Weed”: Pesticides in Cannabis Raises Health Concerns, as Advocates Advance Organic Solution
Downtown San Francisco store to close after owner shot in jarring daytime attack
A longstanding cannabis store in downtown San Francisco is set to close its doors Saturday after its founder was shot seven times in front of the shop in broad daylight last week. The store’s owner was released from the hospital but told the San Francisco Standard that he is still dealing with injuries and trauma from the jarring daytime attack. Martin Olive was taking a smoke … [Read more...] about Downtown San Francisco store to close after owner shot in jarring daytime attack
iAnthus Sells 5 Arizona Cannabis Facilities for $36.5 Million
iAnthus Capital Holdings Inc., which owns, operates and partners with regulated cannabis operations across the United States, announced that certain iAnthus subsidiaries entered into definitive agreements (the “purchase agreements”) with a leading Arizona cannabis operator, Pitchfork Enterprises LLC, d/b/a Sonoran Roots, and its affiliates to sell three dispensaries and two … [Read more...] about iAnthus Sells 5 Arizona Cannabis Facilities for $36.5 Million
Not Cool, Man: Senate Proposal to Expand 280E Taxes on Cannabis Businesses Even if Rescheduled
Anyone who thought that the momentum towards federal liberalization of marijuana would be a straight line found themselves with a cold dash of water to the face. Late last week Republican senators filed a bill, entitled the “No Deductions for Marijuana Businesses Act,” which would preserve a punitive federal tax policy that bars cannabis companies from taking ordinary business … [Read more...] about Not Cool, Man: Senate Proposal to Expand 280E Taxes on Cannabis Businesses Even if Rescheduled
Less Than 1.5% of New York’s Banks Credit Unions Service Cannabis Industry
As the number of cannabis businesses serving New York’s adult-use market continues to grow, the number of banking opportunities for these businesses remains limited.The New York Office of Cannabis Management (OCM) launched a cannabis banking directory at the bottom of its Social Economic and Equity (SEE) page on its website on Feb. 5. This directory allows industry licensees to … [Read more...] about Less Than 1.5% of New York’s Banks Credit Unions Service Cannabis Industry
Indoor cannabis farms in US use more energy than all other agriculture
Indoor cannabis cultivation in the US uses more energy than all outdoor agriculture in the country combined. This generates a large and growing emissions footprint that often goes unrecognised. “Consumers are led to believe that this is ‘nature’s medicine’ and that it’s ‘green’ in every sense of the word,” says Evan Mills at Energy Associates, a consultancy in California. … [Read more...] about Indoor cannabis farms in US use more energy than all other agriculture
Cannabis regulators warn against potentially unsafe marijuana from two companies
Days after a prominent cannabis testing laboratory filed a lawsuit against its competitors over allegations of fraud, Massachusetts cannabis regulators have sounded the alarm over potentially harmful products sold by two marijuana companies, who are both pushing back against the need for the notice and the state’s haphazard testing system. The Massachusetts Cannabis Control … [Read more...] about Cannabis regulators warn against potentially unsafe marijuana from two companies
Naked Oregon man wounded by exploding weed pen, lawsuit claims
A man who was getting baked while bare of any clothes was seriously injured when his weed pen exploded, a lawsuit filed Friday claims. Gustavo Mendes now seeks $230,000 from the manufacturer of the malfunctioning marijuana vaporizer and the Eugene pot shop where he bought it, according to allegations in the Lane County Circuit Court suit. H/T: www.oregonlive.com You can view … [Read more...] about Naked Oregon man wounded by exploding weed pen, lawsuit claims
South Portland drug bust raises concerns over lookalike packaging
SOUTH PORTLAND, Maine — A routine traffic stop in South Portland led to a significant drug bust, drawing attention to a growing concern—illegal drugs being disguised in what appears to be legal marijuana packaging. The South Portland Police Department stopped a vehicle on Saturday and found two men from Massachusetts allegedly transporting large amounts of drugs, including … [Read more...] about South Portland drug bust raises concerns over lookalike packaging
