Bartholomew County’s representation at the Statehouse, all Republicans, are divided as to whether they will support a Republican-backed effort to legalize recreational marijuana in Indiana. But make no mistake about why the GOP is now looking favorably on the issue — it’s really all about the money. Republicans, who have a majority in Indiana government, are having some budget … [Read more...] about Indiana and legal marijuana? All about the money
cannabis
German customs find marijuana and hash in Christmas presents
A mixture of tobacco and cannabis is prepared for a joint. Marijuana and hashish to the value of more than €500,000 ($530,000) have been found concealed in miniature Christmas trees and toys, German customs officers at Cologne/Bonn airport reported on Saturday. Hannes P Albert/dpa Marijuana and hashish to the value of more than €500,000 ($530,000) have been found concealed in … [Read more...] about German customs find marijuana and hash in Christmas presents
The Weed Industry Isn’t Feeling Too Anxious About Trump 2.0
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
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
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’
‘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
States Without Legal Cannabis Are Missing Out On Billions In Annual Tax Revenue, New Analysis Shows
Since Colorado and Washington took the historic step of legalizing recreational cannabis in 2014, the marijuana industry has rapidly expanded, with tax revenue emerging as one of the most significant financial outcomes.The growing legal cannabis market across the U.S. has generated billions of dollars in tax revenue, benefitting state budgets, funding essential services and … [Read more...] about States Without Legal Cannabis Are Missing Out On Billions In Annual Tax Revenue, New Analysis Shows
