A critical goal of Minnesota’s first lottery for people seeking cannabis business licenses was to give a select number of cultivators the opportunity to immediately begin growing, helping establish a supply chain of marijuana ahead of next year’s retail market launch.That goal is now in jeopardy after a Ramsey County judge blocked the state’s Office of Cannabis Management (OCM) … [Read more...] about Will the delayed cannabis license lottery slow the rollout of Minnesota’s marijuana market?
cannabis
Could Cannabis Be the Answer to ADHD? The Surprising Science
Studies are exploring the potential of cannabis, particularly cannabidiol, in managing ADHD, focusing on its interactions with the body’s endocannabinoid system. Despite promising early results, the complexity of both ADHD and cannabis effects poses significant research challenges. Exploring Cannabis for ADHD Cannabis, including marijuana and products containing cannabinoids … [Read more...] about Could Cannabis Be the Answer to ADHD? The Surprising Science
Foreign cannabis company buying up American brewers
A Canadian cannabis company is tapping into a flailing American industry: craft beer. The cannabis company has purchased multiple United States craft breweries, thus becoming the fifth-largest craft brewer in the U.S. as a result. According to The Wall Street Journal, Tilray Brands has purchased a total of 18 craft beer companies including SweetWater, Montauk, and Shock … [Read more...] about Foreign cannabis company buying up American brewers
Binghamton Cannabis Shop with Drive-Up Window Ready to Open
A closed A&W restaurant in Binghamton is about to come back to life as a legal marijuana store - complete with drive-up service. The building at 439 Court Street on the city's East Side has been quiet for nearly seven years since the fast-food establishment went out of business. The unused restaurant equipment and fixtures were removed early this year in a project under … [Read more...] about Binghamton Cannabis Shop with Drive-Up Window Ready to Open
Navy contractor gets suspended sentence for marijuana possession on Okinawa
NAHA, Okinawa — A Japanese court handed a U.S. Navy contractor a six-month suspended sentence for possessing a small amount of marijuana after smoking with a coworker. Tyrome Williams Jr., 28, of Urasoe, pleaded guilty Thursday in Naha District Court to violating Japan’s Cannabis Control Act. He was found with less than 2 grams of the drug in his wife’s vehicle in the Miyagi … [Read more...] about Navy contractor gets suspended sentence for marijuana possession on Okinawa
Judge orders Minnesota to delay its cannabis license lottery
About 640 applicants for social equity marijuana licenses will head to the lottery with about 280 total available, but some say the process wasn’t fair. FOX 9's Corin Hoggard has the details. The Brief A Minnesota judge has paused the cannabis license lottery, initially set for this week, following lawsuits from applicants disputing their denials. The state approved 640 out of … [Read more...] about Judge orders Minnesota to delay its cannabis license lottery
The Frosty Upgrade
Mundelein pot store wants second recreational lounge
Mundelein’s lone cannabis dispensary will add a second lounge for recreational users. The village board unanimously approved the proposal Monday by amending the ordinance that allows on-site consumption at Rise, 1325 Armour Blvd. The new, 2,000-square-foot lounge will be on the north side of the dispensary, near its main entrance. It will complement an existing … [Read more...] about Mundelein pot store wants second recreational lounge
Illicit marijuana, imported CBD targeted by new rules from state regulators
Michigan regulators are seeking to end the controversial conversion of CBD to THC, a method that’s plagued the state's legal marijuana market amid basement low prices and shrinking margins.The Cannabis Regulatory Agency issued new proposed rules for the state’s regulated market Monday as it prepares to close loopholes that allowed illicitly grown and often illegally imported … [Read more...] about Illicit marijuana, imported CBD targeted by new rules from state regulators
Getting into the weeds on marijuana excise taxes: trends and outliers in the largest markets
State and federal excise taxes are a critical element of the business environment for major "vice" industries in the United States, such as tobacco. While no federal excise tax applies to marijuana, state excise taxes ("SET") are a significant economic consideration for the recreational marijuana industry in a given state. Like most SET on tobacco products (e.g., non-cigarette … [Read more...] about Getting into the weeds on marijuana excise taxes: trends and outliers in the largest markets
