A 50% tariff on anything coming in from India is sure to have some unexpected ripple effects, and one of them is the pre-roll cone industry. Pre-rolls accounted for $2.3 billion in sales last year, so a substantial increase in their price is no small matter. India handles about half of the world’s cones, with […]
We’re in the midst of some deep anticipation in the marijuana world, with Trump teasing some movement on rescheduling. If he does end up rescheduling marijuana to Schedule III, banks would be able to work with marijuana companies without any fear of retribution from the federal government. But until then, they’re in a limbo. The […]
In an interview with The Dales Report, GOP Senator Rand Paul from Kentucky is sounding the alarm for the end of the hemp loophole that allows certain psycho-active strains to be sold in states where marijuana is not legal. A Senate agriculture bill recently had language in it that would ban these products across the […]
There’s no bigger issue within the marijuana market than too high taxes. That’s especially the case in California, where rates can go up to 35% and push many consumers to the illicit market. Last week, California lawmakers made an effort to bring those customers back by reducing the excise tax from 19% to 15% starting […]
Some huge numbers are coming from the youngest marijuana market in the country: beverages. It seems the canned beverage has become the mode of choice for a good amount of marijuana consumers out there. Last year, the entire beverage market reached over $1 billion. Some of the biggest companies made over $10 million just by […]
Kellyanne Conway has had a rollercoaster ride within the orbit of Donald Trump. When he initially came to power in 2016, Kellyanne was front and center, being one of his most prolific defenders. She even created a pretty iconic moment with the “alternative facts” argument she once laid out for Trump’s rhetoric. These days, she […]
Jerrold Nadler may be many things, but one thing you can’t debate is that he’s persistent. The Representative out of New York has reintroduced his federal marijuana legalization bill into the House, titled the MORE Act, or the Marijuana Opportunity, Reinvestment and Expungement Act. The bill would take marijuana off of the Controlled Substances Act […]
Another poll affirms the overwhelming support for legalizing marijuana in the US, and with a quasi-populist president in office, this could help set things in motion. Emerson College found that 65% of 1,000 respondents would like legalization, compared to 35% who think it’s a bad idea. In Emerson College standards, this is a 5% increase […]
The American Trucking Association has a good amount of sway in this administration, and they’re chiming in on the possibility of changing marijuana to fall under Schedule III in the Controlled Substances Act. Dan Horvath, chief operation officer at the ATA, sent a letter to Trump’s Transportation Secretary Sean Duffy that lays out his concerns […]
Interesting study coming from BMJ Mental Health that shows a correlation between self-diagnosing and a higher rate of paranoia development. This came from a survey of 3,389 cannabis users with no clinical history of psychosis. The self-medication consisted of use for pain, anxiety, or depression as opposed to fun or curiosity. It definitely makes sense, […]
