Big institutional investors are sitting on billions of dollars they’d like to pump into the marijuana industry, but that’s not likely to happen as long as cannabis remains illegal in the eyes of Uncle Sam, according to investment mogul Kevin O’Leary. “The amount of capital that wants to come intoContinue Reading
It’s becoming increasingly likely that marijuana could become a legitimate part of national commerce over the next few years. But whether or not herbaceous cannabis — consumed in smokable forms like joints and blunts — will ever receive FDA approval and federal legalization looks much less certain. The Trump Administration,Continue Reading
Complete with recipes and gift ideas, this guide helps you show your mom you care this Mother’s Day by crafting the ultimate cannabis-infused day. The post High, Mom! Your Guide to The Ultimate Infused Mother’s Day appeared first on Leafly. Read More: High, Mom! Your Guide to TheContinue Reading
The number of people authorized to access recreational marijuana in Uruguay is closing in on 35,000, according to a report by the Institute of Regulation and Control of Cannabis. However, the Uruguayan regulatory agency’s study notes that the number of people accessing marijuana through regulated channels is much higher dueContinue Reading
Some Indigenous communities want an all-out ban on cannabis. Others want to be able to grow and sell cannabis freely. All feel they have a moral right to decide for themselves. The post Indigenous Communities and the Cannabis Act: A Clash of Tradition and Treaties appeared first on Leafly. Continue Reading
The number of retail cannabis shops in Fairbanks, Alaska, has been set at 25. After the City Council deadlocked 3-3 on whether to allow 15 or 25 stores, Fairbanks Mayor Jim Matherly was called in to break the tie, the Daily News-Miner reported. He voted to set the limit at 25, optingContinue Reading
Stores that were open did well, but there weren’t many open stores. So tax revenue didn’t meet the forecast. The post Early California Cannabis Tax Revenue Is Less Than Expected appeared first on Leafly. Read More: Early California Cannabis Tax Revenue Is Less Than ExpectedContinue Reading
GrowGeneration, a multistate operator of retail hydroponic and organic gardening stores serving marijuana growers, said it raised $10 million that it will use to purchase more businesses. The Denver company said in a news release it has more than $17 million in cash on its balance sheet and that itContinue Reading
As North America settles comfortably into its recreational era in the coming months, with California and Canada both moving forward with their historic adult-use cannabis initiatives, I’m thinking about the future of cannabis consumption. While aficionados of the plant rightfully have many concerns about the pharmaceutical industry’s evolving relationship withContinue Reading
A lower-than-expected first quarter of marijuana excise tax income in California has thrown a wrench into the works for those hoping state lawmakers might drop tax rates to help combat the black market. Between January and the end of March, California took in only $34 million in excise tax revenue fromContinue Reading
