Oct 17 2024
The New Jersey Department of State’s New Jersey Business Action Center (NJBAC), with designation and support from the New Jersey Cannabis Regulatory Commission (CRC), has launched the Cannabis Training Academy (CTA). The CTA was officially launched yesterday, October 16. This no-cost, online cannabis educational platform aids and educates current and aspiring cannabis business owners as …
Oct 17 2024
Medical marijuana sales in Germany are projected to surpass €420 million (about $455.2 million) in 2024, with the market on track to hit €1 billion by 2028, according to the German Cannabis Report from Prohibition Partners, a London-based data firm. The report highlights a 30% rise in medical marijuana sales in state-licensed pharmacies during the …
Oct 17 2024
Michigan’s full Senate has approved Senate Bill 807 through its second reading. Filed by Senator Sean McCann in April, Senate Bill 807 was approved yesterday by the full Senate. This vote allows the measure to advance to a third and final reading. The vote comes roughly a month after the measure was passed through the …
Oct 17 2024
In September, Illinois saw marijuana sales above $150 million for the 12th consecutive month. According to updated numbers provided by the Illinois Cannabis Regulation Oversight Officer, there was $136.5 worth of recreational marijuana sold in September, in addition to $21.7 million worth of medical marijuana. The combined $158.2 million is a noticable dip from the …
Oct 17 2024
The campaign for Vice President Kamala Harris, the Democratic nominee for president, released a policy agenda this week that includes a pledge to “legalize marijuana at the federal level.” Harris promises to “work with Congress to ensure that the safe cultivation, distribution, and possession of recreational marijuana is the law of the land” if elected next …
Oct 16 2024
Marijuana remains illegal in North Carolina, yet many strains remain popular among consumers across the state. Despite the prohibition, residents turn to nearby states with legal markets, online sources, and the black market to access their favorite strains. Here, we explore the most popular strains that are in demand in North Carolina as of October …
Oct 16 2024
Legislation to protect banks and other financial institutions that provide services to state-legal marijuana businesses has been signed into law by Governor John Carney. House Bill 355, sponsored by Representative Ed Osienski and Senator Trey Paradee, clarifies that providing financial services to legal cannabis businesses is lawful under Delaware state law. Passage of the bill …
Oct 15 2024
As one of the first two states to legalize recreational marijuana, Washington has long been a leader in the U.S. marijuana market. This early start has allowed the state to develop a thriving industry, with numerous strains emerging as favorites among consumers. Using data from a variety of licensed cannabis stores located throughout the state, …
Oct 15 2024
Massachusetts voters could become the next state to legalize psychedelics if they choose to approve Question 4 next month. Polling shows it’s likely to be a close race. Question 4, being voted on November 5 and put forth by the nonprofit Massachusetts for Mental Health Options (MMHO), would legalize the possession and personal cultivation of up to …
Oct 15 2024
A California judge has temporarily upheld a comprehensive statewide ban on most consumer hemp products containing THC. On Friday, Superior Court Judge Stephen Goorvitch denied a request from the hemp industry for a temporary restraining order (TRO) against the restrictions, which were put in place by Governor Newsom last month. These regulations prohibit the sale …
