NORML Supports Swift Enactment; Stresses Need for Further Federal Reforms Washington, DC: The NDAA funding package passed by the US House of Representatives includes the provisions of the Secure and Fair Enforcement (SAFE) Banking Act, which allows state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. The language was offered […]
A rather weak earnings report was expected yesterday for the company Aurora Cannabis, but in a move that pretty much confirms its negative outlook, the company delayed the release without any explanation, while also laying off 8% of their workforce. Even before these numbers were expected to come out, stocks across the board for Canadian […]
Since Maine’s adult use cannabis market legalized in October of 2020, sales increased steadily each month. Last month, August of 2021, Maine surpassed its record of cannabis sales in the state. Last month the state sold over $10 million worth of legal marijuana, bringing in over $1 million in tax revenue. According to the Press […]
California voters will decide next week on whether to recall Democratic Gov. Gavin Newsom. The September 14, 2021, California Gubernatorial Recall Election ballot will ask voters if they wish to remove the governor from office. If a majority of voters decide ‘yes’ on the question, the replacement candidate with the most votes will be declared […]
With most of the details released from Schumer’s bill, some analyses are beginning to trickle out that focus on the winners and losers of the proposed legislation. MJBizDaily has an in-depth breakdown of the main winners, which would, unfortunately, would be the brands with built-in national awareness and large Canadian companies who are looking to […]
At this point it’s no shocker that states have made lots of money from marijuana sales during the pandemic. It makes sense. With people stuck inside, they’re smoking more than ever before, even during the work day. This, in addition to astronomical tax rates in some population hubs in the state puts California in a […]
Phytol is an ingredient in vape pens that sometimes goes by “terpenes” in the listed ingredients of a concentrate. Turns out, this ingredient that is used in many vape pens has shown to be extremely unhealthy in a private study that came out in 2020. This study came to light in Canada on June 23rd, […]
Some two-thirds of cities and towns in New Jersey have elected not to permit licensed marijuana retailers. Localities had until this past Saturday to decide whether to allow retail operations or to bar them. Those municipalities that have chosen to opt out are free to reverse their position at any time. The initial citywide moratoriums […]
New York is trying to treat marijuana-use just as it does tobacco-use, and that same policy goes for the State Fair this year. “State law allows marijuana use anywhere tobacco use is permitted,” Dave Bullard, a spokesperson for the fair, told Marijuana Moment. “Smoking is not permitted in Fairgrounds buildings or in the open concert […]
In California, the price that wholesale marijuana is being sold has plummeted, with outdoor farmers selling for 60% less since earlier this summer, according to MJBizDaily. Indoor farmers are fairing better, with prices down just 10-20%, but still on a downward trend. The correlation is rather simple on this one, with the quantity of marijuana […]
