Leading a company isn’t easy in any industry. But when your business is cannabis, it’s a whole new world. Even for experienced leaders, this still-young industry comes with a learning curve—full of hurdles and yet-to-be-written rules. Lessons learned along the way help propel leaders and their businesses to success. Cannabis Business Times talked with four cannabis CEOs willing … [Read more...] about 21 ‘Lessons Learned’ From Cannabis CEOs
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Connecticut cannabis prices continue to fall
Retail sales of cannabis climbed in November for a second month in a row as the price per gram of cannabis continued to fall, according to data from the Department of Consumer Protection (DCP). Connecticut retailers sold $17.6 million of adult-use cannabis products in the month of November, marking the second best month for sales since the purchase of recreational cannabis … [Read more...] about Connecticut cannabis prices continue to fall
High-Ranking Assembly Member Calls for Aid To Beleaguered State Cannabis Fund Borrowers
Crystal Peoples-Stokes, the majority leader of the state Assembly, advocated Tuesday to extend financial aid to struggling cannabis store operators who have been saddled with high-cost loans from a “social equity fund” created as a core part of New York’s marijuana legalization program. Speaking in Albany at the monthly Cannabis Control Board meeting, Peoples-Stokes (D-Buffalo) … [Read more...] about High-Ranking Assembly Member Calls for Aid To Beleaguered State Cannabis Fund Borrowers
Judge seeks leniency for Oregon man who shipped marijuana across country after inheriting business from his dad
A man who inherited a Medford-based shipping business from his father and mailed thousands of pounds of marijuana across the country apologized as he stood before a federal judge for sentencing Wednesday. “I felt an absolute duty to take care of everything that he left behind, and clearly it was more of a mess than I anticipated having to clean up,” Matthew Sachen told U.S. … [Read more...] about Judge seeks leniency for Oregon man who shipped marijuana across country after inheriting business from his dad
Montco cannabis company takes different path for approval of autism drug
Zelira executives believe they have a quicker and less expensive path to get their new drug approved. Zelira Therapeutics is working to begin human clinical testing of its experimental autism spectrum disorder drug next year, but it is not traveling the route pharmaceutical companies typically take to advance a lead product candidate. The 5-year-old drug development company … [Read more...] about Montco cannabis company takes different path for approval of autism drug
The Colorado School of Public Health starts new youth THC awareness campaign
The Colorado School of Public Health and creative collaborator Initium Health started an awareness campaign about the risks of potent cannabis with youth and parents. The first-of-its-kind public awareness campaign, "The Tea on THC" looks to educate Coloradans on the "often-overlooked" health risks of high-concentration cannabis, according to a news release from … [Read more...] about The Colorado School of Public Health starts new youth THC awareness campaign
Mississippi drug bust nets more than 1,800 pounds of marijuana
Five men from California are in custody after a weekend drug bust in Hattiesburg. On Sunday, a team of seven federal, state and local law enforcement agencies — including the Mississippi Bureau of Narcotics and the Drug Enforcement Agency — served search warrants that resulted in the seizure of more than 1,800 pounds of marijuana and $148,000. Weiying Zhong, 40; Dong Hong, 37; … [Read more...] about Mississippi drug bust nets more than 1,800 pounds of marijuana
Are Republicans friend or foe of the state-regulated marijuana industry?
With Republicans’ new trifecta of control over the White House, U.S. Senate and House of Representatives, it’s likely federal marijuana policy will change. But what could – or should – federal marijuana policy look like under a new Trump administration? As an industry veteran, I want the new administration to know state-regulated operations and priorities of the marijuana … [Read more...] about Are Republicans friend or foe of the state-regulated marijuana industry?
Dallas officials ban vaping, add marijuana to citywide smoking prohibition
A new Dallas ordinance will ban “electronic smoking devices” in areas across the city. Elected officials and advocates of the policy said the move will benefit public health. The new policy approved by the council during Wednesday’s meeting created a category for vapes. That includes e-cigarettes and vape pens. John Palmer is a local board member of the American Lung … [Read more...] about Dallas officials ban vaping, add marijuana to citywide smoking prohibition