Mega mergers have been expected to reach a fever pitch this year, and this one, announced yesterday, is proof of the direction we’re headed. Cresco Labs, already a behemoth in the weed industry, has bought Columbia Care. In terms of sales, this would be the largest marijuana company in the US. Both companies are listed […]
Surely there are very credible reasons for wanting a less regulated cannabis market in the state of California. A very high tax rate is inevitably a deterrent for consistent pot smokers, where turning to the illicit market will save them hundreds, if not thousands, of dollars each year. However, adhering completely to one single camp […]
Over the next 10 years hemp articles of clothing are expected to boom in popularity. This comes from a new study done by a multitude of different corporations working to determine how popular hemp will be 10 years from now. With legalization being implemented in many places around the globe, experts expect hemp to be […]
Following many other states that are somewhere on the road to easing restrictions on psilocybin and MDMA, legislation in Connecticut just passed a committee vote for creating therapy programs assisted by MDMA and psilocybin. While not legalizing the drugs, the bill titled HB 5396 would create treatment centers with these forms of treatment for military […]
California’s cannabis market is widely known as the largest in the United States, bringing in ginormous numbers each year. But just because they sell a lot of weed doesn’t mean everything is working smoothly. California has their own share of ups and downs within the market. As of 2022, many experts believe the regulated industry […]
This week’s update highlights important legislative advancements in Illinois, Utah, South Dakota, and Kentucky, focuses on upcoming hearings, and provides updates on several other important bills moving forward across the country. Highlights Kansas Senate Bill 560 provides for licensure and regulation of the cultivation, processing, distribution, sale and use of medical marijuana to qualified patients. […]
With a vote of 59 to 34, members of the Kentucky House of Representatives have advanced House Bill 136 to the Senate for further consideration. The bill provides for the production and distribution of a limited variety of medical cannabis products to qualified patients, including those with PTSD, cancer, chronic pain, epilepsy or any other […]
Congress in DC has overridden voters, keeping marijuana illegal within the district. Early last year, district residents voted to legalize marijuana. Last Thursday, a GOP-backed ban on weed sales passed, overriding the will of the voters within the district. This ban was squeezed into an omnibus-bill, perpetually funding the government for the foreseeable future. “It’s […]
It’s not a good time to be a celebrity American in the hands of Russia. No one is coming here for the latest news on the Ukraine invasion, so I will refrain from a recap. The entire situation has caused the most friction in decades between the US and Russia, and a WNBA player, Brittney […]
Beto O’Rourke, Democratic candidate for governor of Texas said that if he was elected, he would pursue legalizing marijuana. O’Rourke believes that if someone stepped up to the job, the Republican majority within the state’s legislature would get on board. Although there are multiple Republican states within the US that have legalized marijuana to some […]
