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
Roz McCarthy spent the last day of MJBizCon 2021 walking the show floor armed with business cards, a T-shirt she’d had made the previous night and a vision for the cannabis business that would become Black Buddha Cannabis. As luck would have it, she ran into Pam Moore, then seniorContinue Reading
Rhode Island hemp businesses can quarantine intoxicating inventory rather than destroy it, keeping options open if federal rules change. Rhode Island hemp firms can quarantine inventory ahead of federal THC ban is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Rhode IslandContinue Reading
Diminishing cannabis tax revenue in Nevada is leading lawmakers to ponder tweaks in the cannabis tax, including an increase to the excise tax charged at the point of sale. Nevada latest mature cannabis market to consider tax increase is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabisContinue Reading
The governor of New York is celebrating the state’s crossing the $4 billion mark in legal marijuana sales since the launch of the regulated market. “When New York legalized adult-use cannabis, we made a promise to build an industry that is safe, fair and creates real opportunity for the communitiesContinue Reading
“We are getting rid of one big tax—a 15 percent excise tax on wholesale—and increasing retail tax anywhere from 2 to 5 percent.” By April Corbin Girnus, Nevada Current Nevada lawmakers are pondering whether the state’s “maturing” marijuana industry needs to update its tax structure. Revenue from the state’s cannabisContinue Reading
Halloween falls on a Saturday this year, which means the party can run as late as your costume holds up. Whether you’re hosting a haunted house bash, settling in for a horror movie marathon or bar-hopping as your favorite villain, we’ve rounded up the goods to keep the night high-spirited.Continue Reading
