A Congressional report quantifies what we all suspected was happening: Drug cartels are taking a hit as the legal cannabis market expands.
Legal marijuana entrepreneurs are finally starting to win the battle against a long-time enemy—the illicit market. For years, black market operators have undercut cannabis prices and taken away part of the cannabis market share.
And why legalization advocates are so excited about it.
Choosing the right storage solution is critical to product quality and profits.
As of Wednesday, the universe of cannabis-focused exchange-traded funds (ETFs) has grown by one. The AdvisorShares Pure US Cannabis ETF (NYSEARCA: MSOS) began trading on September 2 at a per-share price of $25.00 and 100,000 shares outstanding.
As the West Coast matures from the early Green Rush and Midwest markets like Michigan and Illinois hit their stride with recent legalization, all eyes are on the Northeast as the sleeping giant that will radically change the national cannabis landscape for 2021 and beyond.
Although the Canadian cannabis retail sector has not lived up to the expectations that were associated with the 2.0 market, the industry has recorded major advancements so far this year. From the number of open retail outlets to the types of products that are being offered to consumers, the landscape of the Canadian cannabis retail market has been slowly changing for the better.
Investors and innovators are always looking for the best areas of growth in the public sector. Currently, investing in the cannabis industry has proved to be one of the most beneficial returns. With the current cannabis movement across the world, the emerging U.S. market has made investors even more eager to invest in this space.
When Congress passed the 2018 Farm Bill and the U.S. president signed it in December of that year, hemp was removed from the list of Schedule I drugs that includes heroin, cocaine and marijuana. Products derived from industrial hemp containing less than 0.3% by weight of delta-9 tetrahydrocannabinol (THC) became legal and led to what became known as Cannabis 2.0, the sale of non-psychoactive products derived from industrial hemp.
Hemp — and the CBD products that can be made from it — may have been legalized by the 2018 federal farm bill, but members of the nascent industry say new federal rules make it almost impossible to make hemp products without breaking the law.
An alphabet soup of federal and state agencies oversees the growth, processing and distribution of hemp and its byproducts.
Recently, the excellent website, MarijuanaMoment.com, carried two articles by Kyle Jaeger, their Los Angeles-based associate editor, "Trump Voices Concern That Putting Marijuana On The Ballot Makes Republicans Lose" and "Biden's Marijuana Decriminalization Plan Is 'Meaningless', says Democratic Congressman"; that really makes me wonder i
