A sticking point within the over one-hundred fifty pages of legislation introduced by Senator Schumer has become the proposed tax rate of this huge bill. The idea is to start with a modest 10% federal tax on marijuana sold, that would then bump up every year until it reaches 25% in five years after enactment. […]
The prevalence of canned drinks infused with THC and/or CBD is growing by the week. Politico has taken a pretty interesting look into this new channel. The amount of money it’s garnered has shot up to double the amount in two years, projected at $421 million for 2021. By 2025, it’s predicted to reach $1 […]
New products are hitting shelves as delta-8 THC bans in a number of states cause manufacturers and retailers to pivot away from the popular compound and try to make up sales. The issue is THC-O-acetate – a derivative of delta-8 THC – doesn’t come with any known product or safety data, according to James Stephens, […]
A new Louisiana law takes effect today, August 1, 2021, eliminating the possibility of jail time for low-level marijuana possession offenses. House Bill 652 amends state law so that offenses involving the possession of up to 14 grams of marijuana are punishable by a fine of no more than $100 – no arrest and no […]
A pretty large scale spending bill has just passed the House yesterday, and within it are some provisions centered around marijuana. The first and most consequential is the protections for banks that do business with marijuana companies. That has been a sticking issue on both sides of the aisle, coming up in the SAFE banking […]
There may be no more solidified representation of a pothead than that of a lazy, long haired, couch-centric being. However, a new study was just released that shows a lack of evidence supporting this. According to the authors, past studies would show, at best, mixed results between weed and laziness, and were all targeted towards […]
(This is the 11th installment in an ongoing series offering tips and advice for marijuana and hemp extraction companies. The 10th installment is available here.) A process commonly used in food and wine production – color remediation – is becoming increasingly popular in hemp and marijuana extraction. Manufacturers are looking to remove impurities, produce translucent […]
A new study by Cornell University researchers has found no evidence that environmental stress causes THC concentrations or ratios of CBD to THC concentrations to increase. Graduate student Jacob Toth created a series of research plots in Geneva, New York, including control plots and five stress treatments applied to three genetically unrelated, high-CBD hemp cultivars. […]
(This is the 13th installment in a series focused on cultivation planning for marijuana and hemp growers. The previous installment is available here.) Both indoor and outdoor hemp and marijuana growers can give themselves a leg up by thinking ahead when it comes to arguably the most crucial step in the entire cultivation process: harvest. Cultivators aiming […]
Earlier this month, Senate democrats introduced groundbreaking legislation that would federally legalize marijuana. The Cannabis Administration and Opportunity Act (CAOA) was co signed by Sen. Corey Booker, Senate Majority Leader Chuck Schumer, and Senate Finance Committee Chairman Ron Wyden. Many questions revolving the bill are centered around how the bill will implement banking into the […]
