Marijuana legalization is a hot top topic in the US as the presidential 2020 election gets closer. Legalizing recreational cannabis is a priority for Connecticut in 2020. Recently, the state mentioned that it’s ready to pass the legalization bill. Neighboring states’ stance on marijuana legalization pushed Connecticut’s steps forward.
The U.S. hemp market continues to heat up for a variety of reasons, mainly because the general populace is finally starting to understand the difference between cannabis as marijuana and cannabis as hemp (and the benefits of CBD and other cannabinoids derived from cannabis). In this post I’ll discuss why China’s pain can be U.S. hemp producers’ gain.
A new effort to legalize recreational marijuana in Ohio got underway in the state Monday.
Backers of a measure called the Regulate Marijuana Like Alcohol Amendment submitted the initial petition and 1,000 signatures to the Ohio Attorney General’s Office for review. A long process awaits the proposal, which backers want on the November 2020 ballot.
The constitutional amendment would allow adults over the age of 21 to buy, possess and consume limited amounts of marijuana, including growing up to six marijuana plants.
Utah’s first medical cannabis pharmacy opened Monday, giving patients a long-awaited legal option for buying marijuana treatments without venturing outside the state and sneaking the products back to their homes.
The debut of Dragonfly Wellness at 711 State St. in Salt Lake City marks a milestone for the state’s medical marijuana program, which has been germinating for about 15 months since voters and lawmakers laid the groundwork for it.
When the bottom fell out for public cannabis companies last summer, appetite for acquisitions quickly soured.
Signs are emerging that dealmaking activity may be returning to cannabis, but it won't be like the Wild West-style land grab days of before.
While managing all the red tape and compliance headaches necessary to operate a successful business in a highly regulated industry, many cannabis shops lose sight of the big picture—that the job of regulators is to ensure certain guidelines are followed while also working to make their sector successful.
Three titans of the North American hemp industry announced Monday that they had joined forces to build out the U.S. hemp supply chain.
Geoff Whaling is the Pennsylvania-based chairman of the National Hemp Association who is credited with launching the first Hemp Industrial Park in the Southern Tier of New York State.
Bruce Linton is the founder and former CEO of Canopy Growth Corp. (CGC), the world’s largest cannabis company and the first marijuana firm to be listed on the New York Stock Exchange.
The blossoming medicinal cannabis market gets a boost from Texas lawmakers.
Texas is one step closer to joining the 34 states where medicinal marijuana is legal after state legislators passed a law written by North Texas Republican representative and registered nurse Stephanie Klick to expand the conditions that can be treated with medicinal cannabis. Although the law narrowly defines which conditions can be treated with medicinal marijuana, it is a significant expansion.
Canadian cannabis companies are introducing lower-priced, "value brand" marijuana in a bid to overtake sellers on the illegal market, who reportedly account for nearly 70 percent of the country's total cannabis sales.
Recreational marijuana was legalized in Canada under the Cannabis Act, which has been in effect from October 2018. Canada is the second country in the world to legalize cannabis for recreational use nationwide after Uruguay.
Cannabis retailer Eaze released its fifth annual insight report earlier this month detailing some of the major consumer trends in cannabis. The results are based entirely on sales from Eaze’s platform, so they are biased in that way, but they also offer a bit of insight into what the consumer cannabis market looks like right now, at least for online marketplaces.
