Tennessee cannabis products industry worries: Could new regulations stop sales in state? February 12, 2024 AggregatedNews Tennessee 0 Comments Michael Soloman, one of Tennessee's leading sellers of legal cannabis, believes the state is engaging in regulatory bait and switch. On the one hand, a new law went into effect last year, regulating the sale of hemp-derived products to those 21… Read More→
Michigan’s cannabis industry turns 5 this year. What to expect. February 9, 2024 AggregatedNews Michigan 0 Comments Michigan's cannabis industry sold $3 billion in both recreational and medical marijuana in 2023, making the state the second biggest cannabis market in the U.S. behind only California. Prices remained relatively low for consumers and sales show no sign of slowing… Read More→
Big Papi takes a swing at Maine cannabis market March 9, 2023 AggregatedNews Industry People 0 Comments Papi Cannabis, a line of products developed with Major League Baseball Hall of Famer David Ortiz, is blowing into Maine through a partnership with JAR Cannabis Co. The partnership marks Papi Cannabis’ entry into the Maine market at the beginning of April, when Ortiz's… Read More→
The SAFE Banking Act’s Potential Impact On The Marijuana Industry January 24, 2023 AggregatedNews Banking, Finance & Real Estate 0 Comments The Secure and Fair Enforcement (SAFE) Banking Act, a proposed legislation aimed at allowing banks to do business with companies operating legally within states that have legalized marijuana, had the potential to change the way the marijuana industry operates. Despite… Read More→
The Sinaloa Cartel is losing its marijuana business, and El Chapo’s sons are going after the ‘premium weed’ market to make up for it December 13, 2022 AggregatedNews Mexico 0 Comments Culiacán, SINALOA — The Sinaloa Cartel wants to take back a business that had long belonged to it but has been lost to producers in US over the past decade. As more and more US states legalize marijuana for recreational… Read More→
Cannabis: ‘The U.S. is a $100 billion opportunity,’ Tilray CEO says August 15, 2022 AggregatedNews Producers 0 Comments The U.S. market for cannabis is staggering, according to Tilray (TLRY) CEO Irwin Simon — even as it awaits a green light from Congress. "The U.S. is a $100 billion opportunity in cannabis," Simon told Yahoo Finance Live (video above).… Read More→
Massachusetts Legislature approves marijuana industry reforms August 1, 2022 AggregatedNews Massachusetts 0 Comments Massachusetts lawmakers early Monday morning approved a package of significant changes to the state’s booming marijuana industry, answering longstanding calls for reform from advocates and entrepreneurs. The bill would crack down on steep local fees charged to marijuana operators, steer… Read More→
Inside Denver’s struggles to diversify its $700M marijuana market July 29, 2022 AggregatedNews Colorado 0 Comments Ari Cohen was set up for success in Denver’s trailblazing weed market. The New Jersey native had a successful career in the food and hospitality industry in New York City. He parlayed that experience into running operations for a multi-state… Read More→
Mississippi’s medical marijuana industry goes into effect tomorrow June 30, 2022 AggregatedNews Mississippi 0 Comments The Mississippi law that will legalize medical marijuana goes into effect tomorrow, and farmers will then be allowed to start crop production. But experts say it will take some time before patients can purchase product. This Friday, dozens of laws… Read More→
Marijuana business is booming in Sacramento and so are the jobs that come with it June 6, 2022 AggregatedNews California 0 Comments The cannabis industry in the city of Sacramento has become the ninth largest employer with nearly 8,000 workers four years after recreational marijuana was legalized, shows a report commissioned by city officials. “It’s a remarkable turn of events” said David… Read More→
Canna-cocktails and gummies: Missouri’s marijuana industry preps for legalization June 4, 2022 AggregatedNews Missouri 0 Comments Missourians won’t vote on fully legalizing marijuana until later this year. But the industry is confident. Over and over at its latest convention on Friday, leaders of one of the state’s newest business sectors spoke of the change as inevitable,… Read More→
NY’s Cannabis Workforce Initiative aims to train next generation of entrepreneurs April 8, 2022 AggregatedNews New York 0 Comments When Amy Desjardins started advocating for New York to legalize medical marijuana, the cannabis industry’s job creation potential was central to her support. As executive director of the nonprofit Workforce Development Institute, she felt the weed industry could become a huge driver… Read More→
Tribes left behind by America’s marijuana laws April 6, 2022 AggregatedNews Native American reservations, Native American Tribal Lands 1 Comment In a high mountain valley near Taos, N.M., the 300-person Picuris Pueblo tribe can farm whatever they want — except for one lucrative crop that is legal to grow everywhere else in the state: marijuana. The Picuris are a poor… Read More→
Marijuana industry exploded in Oklahoma. Why not Texas? February 23, 2022 AggregatedNews Texas 0 Comments In 2018, nearly 57% of Oklahoma voters approved a ballot initiative legalizing medical marijuana. And since then, the industry has exploded. If you’re a Texan who thinks marijuana is only available in liberal cities and states, the reality on your… Read More→
Colorado’s cannabis industry makes modest gains in minority ownership January 25, 2022 AggregatedNews Colorado 0 Comments Almost 17% of regulated marijuana business owners in Colorado identify as minorities, according to new data by the Colorado Marijuana Enforcement Division, but one Black entrepreneur contests that there’s much more work to be done. “Cannabis ownership in Colorado is… Read More→