As US support for marijuana legalization continues to grow during a portentous election year, it’s important for voters to know where their lawmakers stand on the issue.
That’s why the cannabis reform group NORML sees fit to release an annual scorecard ranking America’s governors based on their track record of supporting cannabis reform efforts.
Andrew Willis: While Canada was collecting all the attention of cannabis investors looking to take advantage of legalization, the seeds of a sizeable marketplace were being planted down South.
Do you know what’s in your weed? For the majority of cannabis consumers, the answer is a resounding no—despite claims from dispensaries, cultivators, or makers of derivative goods (i.e. edibles, topicals, and tinctures).
The coalition of more than 30 national and state cannabis industry organisations sent the letter to Senate Banking Committee Chair Mike Crapo, urging him to advance the House-approved version of a bill aimed at addressing the state-legal cannabis industry’s lack of access to banking and other financial services.
The state of Illinois racked up nearly $40 million in adult-use cannabis sales in the first month of legalized recreational marijuana sales, the Department of Financial and Professional Regulation announced Monday.
According to data released by the state, sales totalled $39,247,840.83 for the month of January. Over 970,000 items were sold by dispensaries across the state, according to the report.
State lawmakers in both parties are pushing to open the cannabis industry to out-of-state investors, a move that would align Washington state with the rest of the West Coast.
Since 2017, legislation to lift Washington’s six-month residency requirement for investors has faced push-back from small business owners — including Seattle’s Uncle Ike’s — who say the industry would be flooded with big money, leading to consolidation and the death of locally owned craft cannabis stores.
The growth in the contribution of cannabis to gross domestic product (GDP) eclipsed every major category of the Canadian economy in November 2019. That's according to data compiled by Statistics Canada, the federal government's official statistics agency, in an update published on Friday.
The growth of the cannabis testing market is primarily attributed to the European government funding cannabis education for doctors, and the increasing demand for research activities for cannabis quality.
Marijuana has been legal in California for the past two years. However, the state is still struggling with rising black market sales. Despite marijuana being legal in the state for quite some time, local cannabis businesses face challenges.
Don't neglect the business of managing these four key areas - or you may see your dreams of entrepreneurship go up in smoke.
