Is Cannabis Production Bad for the Environment?

With legalization happening left and right, many are starting to worry about the environmental impacts it has on the planet. The expanding trend to cultivate, grow, and sell marijuana has pushed many into the growing market. But with all this marijuana production, some are left to wonder the impact it has on the environment regarding […]

Cannabis Becomes America’s Fifth Most Profitable Crop Behind Wheat

According to High Times, cannabis has become America’s fifth most profitable crop. Last November, Leafly Holdings, Inc. released their first ever “Cannabis Harvest Report” which took an in depth look at cannabis production and sales in many legalized states. According to the report, “Cannabis is medically legal in 37 states, but for purposes of this […]

Massive Hemp Farm Busted in Spain

The largest cannabis farm in Europe just got raided. According to Sky News, officers destroyed and collected over 415,000 hemp plants that were set to be shipped and turned into CBD oil. The plants on the farm were estimated to be worth at minimum 100 million Euros. This massive farm was busted just a few […]

$100 Billion in Weed Revenue in 2022

Despite the questions regarding whether the tax rate is too high or too low in some states, the numbers are not divided on one front: it’s a huge money-maker for the country’s economy. MJBizDaily has released new numbers on not just tax revenue collected, but total projected revenue from the marijuana industry this year, and […]

Labatt to Stop Production of CBD Beverages in Canada

One of the largest beer producers in Canada is halting the production of their non-alcoholic CBD beverage. Labatt Breweries announced a few weeks ago that their drink company, Fluent Beverages, is being shut down in Canada. Fluent Beverages was created out of a partnership between Budweiser, Tilray, and Labatt, aimed at creating a large line […]

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