Two big announcements this week on the finance side of the emerging global cannabis industry. First, yesterday's word that the giant alcohol company, Constellation Brands, the maker of Corona Beer among others, is acquiring a stake in Canada's Canopy Growth Corporation. Canopy is possibly the...
Despite projecting no revenue in their first month of adult use sales of cannabis products in Nevada, the state just reported it received $3.5 million in taxes in July. Sales commenced July 1 amid some distribution challenges that were ultimately ironed out. The state is...
According to the Marijuana Business Daily, a Quebec-based producer of medical cannabis has joined a New York medical cannabis licensee in obtaining certification of their products as kosher under Jewish dietary laws. This means that more observant Jews, who seek to restrict their diets to kosher...
Netflix found an interesting way to promote their new show Disjointed, which will star Kathy Bates as the operator of a California cannabis dispensary. They partnered with a California medical cannabis seller to operate a pop-up shop selling 12 different cannabis strains named and developed based...
Unfortunately, the use of synthetic cannabinoids has been growing worldwide and especially here in the US. Synthetic products, available over the Internet and inexpensive, start with natural herbs and flowers but add manufactured cannabinoids to create the "high." The problem is that the synthetic product...
Last month New Hampshire became the 22nd US state to eliminate jail sentences for marijuana possession. The states that have decriminalized now are: Connecticut, Delaware, Illinois, Maryland, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New York, North Carolina, Ohio, Rhode Island and Vermont, in addition to...
Last week the US Senate Appropriations Committee voted to renew the Rohrabacher-Blumenauer amendment when it expires September 30. That amendment, renewed annually since 2014, blocks the US Department of Justice from using federal funds to interfere with the implementation of state medical cannabis laws. The...
Eight months after Massachusetts voters approved legal adult use of cannabis, reluctant Republican Gov. Charlie Barker signed legislation to start a year long phase-in of permitting adults to buy and use cannabis. The expectation is that the first stores will be open by next July. The...
Former NFL star Marvin Washington and others yesterday filed a lawsuit in NY against the US Government and Attorney General Jeff Sessions. The suit is seeking to declare the Controlled Substances Act (CSA), which makes cannabis illegal under federal law, unconstitutional as to its classification...
An insightful article a few weeks ago on MassRoots (www.massroots.com) urges readers to "rebrand" cannabis and call it by its proper scientific name: cannabis. The piece goes through the apparently racist history of those who adopted the term "marijuana" as they pushed for criminalization of cannabis...