New Mexico just hit $1.3 billion in cannabis sales, according to the state’s Regulation and Licensing Department (RLD). The total was reached after a lucrative August haul of more than $51,000,000. But that good news is being soured by reports of small cannabis businesses and even legacy operators permanently closing their doors because of market oversaturation and the unique … [Read more...] about Pot Shops Close Amid Oversaturation
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Thieves ram SUV into San Francisco cannabis shop during heist
SAN FRANCISCO - Thieves used an SUV to break into a San Francisco cannabis dispensary early Thursday morning. Surveillance video captured the moment an SUV, with a chain attached to its rear, tore open the front iron gate of Cannabis Cultures located at 32nd Avenue and Judah Street in the Sunset District just before dawn. Two siblings were charged with murder in a botched … [Read more...] about Thieves ram SUV into San Francisco cannabis shop during heist
Black market marijuana cultivation in Maine is a big deal
MACHIAS, Maine — The blue four-bedroom house, with two red barns out back and neighbors few and far between, looked like any number of nondescript farmhouses that dot the sparsely populated towns of central and northern Maine. But last November, on a crisp fall day, as he got out of his cruiser to check out a tip about suspicious activity at the remote home, Machias Police … [Read more...] about Black market marijuana cultivation in Maine is a big deal
Chill Out With This Healthy Marijuana Beet Lemonade
A refreshing a healthy drink with a little something special Nothing cools and delights more than a fresh glass of lemonade, especially on a hot day. So why not experiment and take it to the next level? The juicing market is a global $100 billion plus market and juice bars are still popular with people looking for healthy and convenient ways to get their daily dose of … [Read more...] about Chill Out With This Healthy Marijuana Beet Lemonade
Colorado cannabis tax revenue seen declining as marijuana tourism subsides
Tax revenues from the sale of cannabis in Colorado is estimated to decline by ~11% in fiscal year 2023-24 compared to the prior year as the state has seen fewer people come from surrounding states to purchase cannabis. In 2012, Colorado, along with Washington State, were the first states to legalize marijuana for recreational use. There are now 24 states plus the District of … [Read more...] about Colorado cannabis tax revenue seen declining as marijuana tourism subsides
Woman accused of illegally growing 600 marijuana plants in Maine said she just liked smell
A Chinese national accused of illegally growing marijuana in Norridgewock last month previously told police she liked the smell and that the plants were her babies. Jiamin Liao, 29, is charged with two felony counts of maintaining a marijuana-involved premise in U.S. District Court of Maine in Bangor. She was arrested Aug. 27. Police seized roughly 600 marijuana plants and 20 … [Read more...] about Woman accused of illegally growing 600 marijuana plants in Maine said she just liked smell
Cannabis industry report advocates for ‘level playing field’ between hemp and marijuana
The report asserts that the current business models are based on an "arbitrary" definition that dates back to the 1970s. A new report by the libertarian nonprofit Reason Foundation blames “arbitrary” business model structures – and their resulting competition – for hemp and marijuana on illogical federal laws that conflate the two plants, which are essentially the same but with … [Read more...] about Cannabis industry report advocates for ‘level playing field’ between hemp and marijuana
Alleged ‘predatory’ contracts continue to surface in Missouri social-equity marijuana program
The microbusiness program was sold to Missouri voters as a way to help victims of the war on drugs get a toehold in this burgeoning industry (Rebecca Rivas/Missouri Independent) Destiny Brown thought she had been recruited last year to own and operate a small-scale Missouri cannabis dispensary — and get paid $200,000 to do it. Cannabis investor Michael Halow told Brown, who is … [Read more...] about Alleged ‘predatory’ contracts continue to surface in Missouri social-equity marijuana program
New Data About Cancer And Cannabis
While there is a need for more research, the data has good news. The American Medical Association and the American College of Physicians along with the federal agencies Health and Human Services (HHS) and the Food and Drug Administration (FDA) have all spoke up about the need for additional research to unlock medical benefits of cannabis. The acknowledge it can help, but need … [Read more...] about New Data About Cancer And Cannabis
Hemp-Derived THC Products Now Illegal in California After OAL Approval
Products containing hemp-derived intoxicating cannabinoids are now illegal in California after the Office of Administrative Law (OAL) approved Gov. Gavin Newsom’s emergency regulations on Sept. 23. The regulations require that industrial hemp food, beverages and dietary supplements intended for human consumption have no detectable THC or any “comparable cannabinoid” per … [Read more...] about Hemp-Derived THC Products Now Illegal in California After OAL Approval
