Utah attorney general wants Congress to let marijuana businesses use banks May 24, 2020 AggregatedNews Banking, Finance & Real Estate, Utah 0 Comments Utah Attorney General Sean Reyes joined a bipartisan coalition of 34 state and territorial attorneys general asking Congress to let legal marijuana businesses access the federal banking system. They are urging Congress to pass the federal Secure and Fair Enforcement (SAFE)… Read More→
Michigan marijuana industry changed, but thriving amid coronavirus pandemic May 24, 2020 AggregatedNews Michigan 0 Comments You can’t currently walk into a Michigan marijuana shop and peruse the shelves, but that hasn’t stopped product from flying off them. Close to $1 million a day in marijuana flower, vaping oil and edibles is still being sold, despite… Read More→
Postponing The Green Wave: Cannabis Legalization In 2020 May 21, 2020 AggregatedNews Policy & Legal 0 Comments Coming into 2020, policymakers in eight states expressed support for regulated medical or adult-use cannabis sales, and advocacy groups in nine states had efforts underway to include legalization on ballots in November. With cannabis already legal for medical use in 33… Read More→
Ohio medical marijuana sales get a coronavirus boost May 20, 2020 AggregatedNews Ohio 0 Comments Ohio’s medical marijuana industry had its best two months yet in March and April, which industry officials say is a result of the new coronavirus and recent changes to the program. Sales reached $12.9 million during four weeks in March… Read More→
Oregon sees record breaking $89 million in marijuana sales in April May 19, 2020 AggregatedNews Oregon 0 Comments There is one bright spot in the economy: marijuana sales. In April, Oregon saw $89 million in legal marijuana sales. The Oregon Liquor Control Commission reports marijuana sales were up 45% in April, compared to last year, making April 2020… Read More→
Massachusetts reopening plan for recreational marijuana calls for curbside delivery to start May 25 May 19, 2020 AggregatedNews Massachusetts 0 Comments After being shuttered during the COVID-19 pandemic, Massachusetts Gov. Charlie Baker announced recreational marijuana stores can reopen on May 25 for curbside delivery only as part of a comprehensive statewide reopening plan unveiled Monday. Massachusetts is the only state with legal marijuana that ordered adult-use stores… Read More→
With no recreational marijuana sales during coronavirus pandemic and thousands more medical patients, state and municipalities to see impact on tax revenue in Massachusetts May 15, 2020 AggregatedNews Massachusetts 0 Comments With recreational marijuana stores closed amid the COVID-19 pandemic, the number of medical marijuana patients has increased by the thousands in Massachusetts. Between the halt of adult-use sales since March 24 and additional medical marijuana patients who may not return to the recreational market,… Read More→
Cannabis firm Aurora’s stock jumps 19% in pre-market trading as sales surge during coronavirus May 15, 2020 AggregatedNews Cultivation 0 Comments Canada-based marijuana producer Aurora Cannabis pulled off high sales during the early months of the coronavirus pandemic. The licensed weed producer in Alberta posted third quarter revenues of $53.4 million (all figures in this post are in US dollars) on Thursday -… Read More→
Does Easy Legal Cannabis Delivery Exist In Colorado? Yes, But It’s Almost Impossible To Find May 13, 2020 AggregatedNews Colorado 0 Comments Colorado became the first state in the nation to legalize recreational cannabis back in 2012. Eight years later, during a historic pandemic that has confined much of the public to their homes, Colorado is on schedule to be the last… Read More→
COVID-19 fails to stop Michigan pot industry as sales explode during pandemic May 13, 2020 AggregatedNews Michigan 0 Comments At least one industry in Michigan has largely been left unscathed by the coronavirus pandemic. Recreational marijuana operations have mushroomed, while weekly sales of recreational marijuana in Michigan from March 9 onward have risen significantly. Recreational pot sales in the nine… Read More→
Marijuana delivery moves closer toward reality in Massachusetts May 11, 2020 AggregatedNews Massachusetts 0 Comments Recreational marijuana sales in Massachusetts remain on pause in the midst of the coronavirus outbreak, but state officials are moving toward making delivery an option for when they do resume. The Cannabis Control Commission announced last Thursday that it will make… Read More→
Coronavirus: The tide is coming for medicinal cannabis May 11, 2020 AggregatedNews Science and Technology 0 Comments The search for a vaccine for the new coronavirus, SARS-CoV-2, or indeed a medicinal drug to cure it, has taken researchers down both traditional and less traditional avenues. They have looked at existing drug candidates, such as remdesivir, which was original developed… Read More→
Cannabis employees are in high demand during economic crash May 10, 2020 AggregatedNews HR and Staffing 0 Comments Coronavirus hasn’t kept some cannabis companies down: They’re staffing up even as unemployment in many other sectors soars. Weed businesses around the country that were in strong financial shape heading into the pandemic are hiring additional workers in response to robust… Read More→
Massachusetts marijuana delivery license applications on track to launch in May, reserved for economic empowerment and social equity applicants May 8, 2020 AggregatedNews Massachusetts 0 Comments Massachusetts marijuana companies are getting closer to being able to offer delivery of retail cannabis, as some state regulators on Thursday said they believe delivery is a priority during the ongoing COVID-19 crisis. But one commissioner said she was concerned… Read More→
Minnesota legislative leader introduces marijuana legalization bill May 7, 2020 AggregatedNews Minnesota 0 Comments A bill that would legalize cannabis for adult use in Minnesota was introduced Tuesday. Authored by House Majority Leader Ryan Winkler (DFL-Golden Valley), the bill would allow for possession and consumption of cannabis by those 21 and older. Winkler, an… Read More→