Minnesota to have highest home limit in history: 2 pounds
Minnesota to have highest home limit in history: 2 pounds Image Cannabis News June 14, 2023 At home, Minnesota residents can possess up to 2 pounds of pot, much higher than the limit in other states. Weeks ago Minnesota legalized cannabis for adult use, and at the same time, setContinue Reading
Planning on smoking Cannabis at the Minnesota State Fair? Think again, organizers say
Planning on smoking Cannabis at the Minnesota State Fair? Think again, organizers say Image Cannabis News June 14, 2023 MINNEAPOLIS – Weeks before the “Great Minnesota Get-Together,” recreational cannabis use for adults 21 and older will be legal starting Aug 1. But visitors to the Minnesota State Fair won’t beContinue Reading
Washington Spends $100 Million To Vacate 350,000 Marijuana/Drug Convictions And Reimburse People Criminalized By Unconstitutional Law
Washington State will spend nearly $100 million to vacate an estimated 350,000 prior drug convictions and reimburse legal fees to people who were prosecuted under laws that the state Supreme Court deemed unconstitutional in 2021. The state Administrative Office of the Courts (AOC) announced on Monday that it would beContinue Reading
How Colorado became ground zero for Hemp production
How Colorado became ground zero for Hemp production Image Cannabis News June 14, 2023 The view was spectacular. The property, a few miles north of Boulder, Colorado, sat on a little rise with the Rocky Mountains a mile to the west and the Great Plains a mile to the east.Continue Reading
New Mexico Cannabis jobs pay more than other industries
New Mexico Cannabis jobs pay more than other industries Image Cannabis News June 14, 2023 Data collected by a New Mexico agency examined wage comparison for cannabis and non-cannabis jobs. A recent report published by the New Mexico Department of Workforce Solutions shows that individuals—specifically ex-accommodation and food service employees—whoContinue Reading
Connecticut sells $23 Million worth of Cannabis in May
Connecticut sells $23 Million worth of Cannabis in May Image Cannabis News June 14, 2023 But getting rich as a cannabis entrepreneur is still hard, even in Connecticut. Connecticut raked in $23 million worth of cannabis this May, NBC reports. And that figure isn’t an aberration. The raw figures showContinue Reading
Cannabis companies laying off workers and exiting key markets
Cannabis companies laying off workers and exiting key markets Image Cannabis News June 14, 2023 Pot stocks are cheap, but have they become too risky to buy? The cannabis industry is in free fall. Companies are struggling to find ways to grow, losses continue to pile up, and cash burnContinue Reading
Illinois Governor Signs Bill Allowing Marijuana Businesses To Claim State Tax Deductions As Partial IRS 280E Fix
The governor of Illinois has signed a budget bill that includes provisions that will allow licensed marijuana businesses to take state tax deductions that they’re currently prohibited from utilizing at the federal level due to an Internal Revenue Service (IRS) code known as 280E. Gov. J.B. Pritzker (D) gave finalContinue Reading
Cannabis safer than legal substances, Americans say in poll (Newsletter: June 14, 2023)
DEA weighs in on minor cannabinoids; CT marijuana biz 280E fix signed; NM cannabis jobs report; Prohibs raise SAFE Banking fears 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
Indiana Lawmakers Will Study Marijuana Legalization’s Possible Workforce Impact In Legislative Interim
“I think it’s just an opportunity to continue to gather information on the topic. You’re starting to see real data come out across states that have legalized that I think it’s important to analyze and understand.” By Whitney Downard, Indiana Capital Chronicle Legislators will spend their interim break studying variousContinue Reading