A bust occurred in Clackamas and Marion counties in Oregon last week that resulted in the seizing of $20 million worth of illicit marijuana. This amounted to 110,000 plants and 81,000 pounds of bulk cannabis. It was a 3 day operation in total spanning two counties. One person, Jaimee Virrueta-Gomez of Gerber, California, was arrested […]
A new California law went through last year that allows local jurisdictions to open cannabis cafes, and San Francisco is trying to take them up on this. The city’s Board of Supervisors along with the mayor in July approved an ordinance that would allow food and drinks to be served within a consumption area for […]
The Current State of Cannabis Banking Access to banking services for marijuana businesses remains fraught with challenges, according to a recent federal report. Although cannabis is legal in many states, the federal prohibition continues to cast a long shadow, causing many banks to refuse working with cannabis-related businesses. This hesitancy leaves a large portion of […]
Early Promise Meets Regulatory Reality Delaware legalized recreational cannabis with high hopes for a robust new revenue stream and economic boost. However, initial retail sales performance has fallen short of projections. The state’s cautious approach, including a limited number of licensed dispensaries and strict regulations, appears to have tempered demand. This outcome illustrates the complex […]
Wall Street’s Growing Appetite for Cannabis The cannabis industry stands on the verge of a major transformation as marijuana companies increasingly prepare for initial public offerings (IPOs). The New York Stock Exchange (NYSE) and Nasdaq, two of the world’s leading stock exchanges, are actively courting cannabis firms, signaling a shift from niche over-the-counter listings to […]
What Are Older Adults Experiencing With Medical Cannabis? A recent study has revealed that approximately 91% of older adults using medical cannabis report improvements in at least one of three common issues: chronic pain, insomnia, or mood disorders. This finding opens up a conversation on how cannabis might be influencing the quality of life in […]
A bill that has provisions to delay the recriminalizing of certain hemp that contains THC has been signed by the President. The idea here is to give lawmakers more time to create legislation that instead would regulate the hemp as opposed to outright banning it. The planned start date of the ban has moved from […]
When legal marijuana was on the Florida ballot in 2024, Governor Ron DeSantis worked hard to make sure the measure wouldn’t pass. Turns out, he worked a little too hard, and took some taxpayer funds to use in his effort to get the ballot measure rejected. $10 million was taken from a Medicaid settlement and […]
Tragedy Strikes Oklahoma Cannabis Facility In a devastating incident that underscores the inherent risks in cannabis production, an explosion at a marijuana facility in Oklahoma resulted in the deaths of two individuals. Authorities have charged a man with murder in connection to the blast, which has sent shockwaves through the local community and the broader […]
One of the most common things you hear about California and weed is that it’s the biggest market in the world, and has been for some time now. However, that’s finally changing as the US continues to reel from an ever-changing cannabis market. Canada’s marijuana sales for the month of June were recently released, which […]
