President-elect Donald Trump did not show much support for marijuana policy reforms during his first term in office. However, prior to this year's presidential election, he supported President Joe Biden's stance on rescheduling cannabis from a Schedule I drug to Schedule III. He stated, “I believe it is time to end needless arrests and incarcerations of adults for small amounts … [Read more...] about Are Cannabis Stocks a Good Investment Under Trump 2.0?
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President-elect Trump’s unclear policy on cannabis extends to his nominees for government agencies
It's been a month since Election Day, so if you thought cannabis policy and political discourse would have separated by now you'd be forgiven, but you'd also be wrong. A new administration also means a new set of administrators, and President-elect Donald Trump has been fast and furious with announcing who he wants to lead various government agencies, including those that … [Read more...] about President-elect Trump’s unclear policy on cannabis extends to his nominees for government agencies
Cannabis Workforce Initiative offers guidance, tools and more to promote social justice in NYS cannabis industry
As New York State’s cannabis industry continues its growth, guidance for job seekers, prospective and current licensees looking to break into this budding field is more important than ever. The Cannabis Workforce Initiative (CWI), a state-funded effort that relies on the expertise of the nonprofit Workforce Development Institute and Cornell University’s School of Industrial … [Read more...] about Cannabis Workforce Initiative offers guidance, tools and more to promote social justice in NYS cannabis industry
Cannabis cafes could be coming to Mass. as CCC shares framework for public social marijuana consumption
WORCESTER, Mass. - Cannabis cafes are one step closer to becoming a reality in Massachusetts. Thursday the Cannabis Control Commission revealed a new social consumption framework. It includes three license types. A supplemental license, which would allow existing marijuana businesses to open adjoining spaces for consumption. A hospitality license would allow people to run … [Read more...] about Cannabis cafes could be coming to Mass. as CCC shares framework for public social marijuana consumption
Cannabis seed companies announce merger, plan public US listing
The public listing would offer investors their first opportunity to invest directly in a pure-play seed genetics company.Three major cannabis seed companies announced plans Wednesday to merge operations and pursue a U.S. public listing, marking the first time a standalone genetics company could trade on a major exchange.Amsterdam-based Barney’s Farm Genetics and Sensi Seeds … [Read more...] about Cannabis seed companies announce merger, plan public US listing
How Michigan created a $10B weed market
Michigan is on the verge of hitting $10 billion in weed sales just five years after legalizing the recreational cannabis industry.Only California — which has nearly four times as many residents — has a bigger legal marijuana market. And only Alaska — undoubtedly reflecting the unrelenting cold and darkness — has a higher volume of sales on a per capita basis.“We’re breaking … [Read more...] about How Michigan created a $10B weed market
Missouri cannabis microbusiness ‘mentor’ connected to licenses under state investigation
Fifth-three percent of Missouri voters signed off on a constitutional amendment legalizing recreational marijuana on Nov. 8, 2022 (Carol Yepes/Getty Images). The Missouri Cannabis Trade Association describes David Brodsky as “instrumental in developing the Missouri microbusiness community” and a mentor to disadvantaged business owners. In his cannabis consulting work, Brodsky … [Read more...] about Missouri cannabis microbusiness ‘mentor’ connected to licenses under state investigation
Rescheduling Hearings Begin: Not About If Marijuana “Good or Bad,” Says Judge
The first Drug Enforcement Administration (DEA) hearing on the Biden administration’s cannabis rescheduling proposal took place on December 2, with proponents and opponents appearing for a largely procedural meeting to prepare for more substantive hearings in 2025. The judge overseeing the proceedings made clear that the hearings are not meant to determine “whether marijuana is … [Read more...] about Rescheduling Hearings Begin: Not About If Marijuana “Good or Bad,” Says Judge
Medical marijuana group sues N.Y. over ‘punitive’ $20M retail license fee
ALBANY — The beleaguered rollout of New York’s legalized marijuana trade is facing another potential setback after the state’s Medical Cannabis Industry Association filed a lawsuit Wednesday challenging the constitutionality of what they allege is a punitive $20 million fee that’s required for medical cannabis operators to enter the retail marketplace. The lawsuit contends that … [Read more...] about Medical marijuana group sues N.Y. over ‘punitive’ $20M retail license fee
Recreational marijuana sales hit new high, but Ohio is years away from reaping the rewards
COLUMBUS, Ohio (WSYX) — Since the sale of adult-use cannabis began back on August 6, Ohioans have spent roughly $10 million per week on the product. According to the Department of Commerce Division of Cannabis Control, as of Nov. 30, adult-use sales have topped $191 million. The team at Cresco Labs, a marijuana growing facility in Yellow Springs, Ohio, said it has been … [Read more...] about Recreational marijuana sales hit new high, but Ohio is years away from reaping the rewards