The first-quarter figure accounts for about 34% of the $4.1 billion in cumulative sales since the market launched in December 2022. New York cannabis sales top $1.4 billion through Q3 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: New York cannabisContinue Reading
The Drug Enforcement Administration (DEA) is preparing to release a list of state-licensed medical marijuana business that have applied in a timely fashion for federal protections that come with the Trump administration’s move to partially reschedule cannabis. A agency webpage launched on Wednesday said the forthcoming list—which will detail theContinue Reading
A rescue plan for hemp cannabinoid products is likely to emerge after the midterm elections, according to Capitol Hill players, but not every product currently on the market will make the cut. Federal hemp THC rescue possible after midterm elections – but with new rules is a post from: MJBizDaily:Continue Reading
The Democratic governor of Massachusetts and her Republican opponent in next week’s election both oppose an initiative on the ballot to roll back the state’s marijuana legalization law. Gov. Maura Healey (D) told NBC 10 Boston that she will be voting against the measure because “the cannabis industry is important.”Continue Reading
“Licensed cannabis operators aren’t the scam. They’re the safe, tested alternative.” By Amy Deneson, Cannabis Media Council A recently filed bipartisan bill in Congress would label cannabis advertising “high-risk.” The industry already has a better solution: self-regulations with high standards. Congress is right to take on online scams. Fraudsters targetContinue Reading
“There’s a gravitational-like force towards consolidation in almost any industry… All I know is, I drive around Pennsylvania, I see a Curaleaf every couple blocks.” By Hannah Frances Johansson, NewsWorks Lab Daylin Leach, a former state senator, said he once knew the names of everyone running a dispensary in Pennsylvania.Continue Reading
It has long been known that despite similar marijuana usage rates across races, cannabis criminalization is enforced in a racially disproportionate manner in the U.S.—with people of color being arrested at much higher rates than white people are. Now, a new analysis shows that when marijuana arrests went up inContinue Reading
Native American tribes stand to generate more than $2 billion in new revenue every year by participating in the legal marijuana market, according to a new estimate. HedgeRow Analysis on Wednesday published a projection that Native American tribes that move “deliberately and early” could see $300 million to $600 millionContinue Reading
Law enforcement officials have raided and charged dozens of hemp operators across the country, more than six weeks before a new federal ban takes effect. Ahead of Farm Bill loophole closure, signs a hemp THC crackdown is already underway is a post from: MJBizDaily: Financial, Legal & Cannabusiness news forContinue Reading
GOP lawmaker: Put hemp provisions in key bill; KS poll shows legalization support; Study: Marijuana consumers trust dispensary staff more than doctors Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function()Continue Reading
