Michigan’s plant count rules may affect long-term potential of cannabis microbusinesses
Bethan Rose Jenkins, Cannabis News Writer/Editorial
August 12, 2020
Concerns regarding the practicality of cannabis microbusiness licenses in Michigan are surfacing as of late, with state lawmakers now working to amend draft regulations that previously limited flowering plant production statewide. If the rules change, licensees participating in Michigan’s adult-use canna...
Arizona’s prospective recreational cannabis market is attracting investor interest
Bethan Rose Jenkins, Cannabis News Writer/Editorial
August 12, 2020
When analysts pinned a $750 million valuation on Arizona's medical cannabis market, investors and "cannapreneurs" quickly started wondering how much a prospective recreational market could be worth in the conservative state. If all goes well this November, we will soon find out. On Monday, Augu...
Nevada regulators slam cannabis company with $1.25 million fine, investigate three other businesses
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 31, 2020
The state of Nevada just got its very own Cannabis Compliance Board, which didn't waste in time in punishing wrong-doers. During the Board's inaugural meeting on Tuesday, July 21, vertically-integrated cannabis operator CWNevada was penalized for violating various regulations set out by the state. Based ...
Curaleaf closes its Grassroots deal to expand operations across 23 states
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 31, 2020
Curaleaf's long-awaited acquisition of cannabis multistate operator Grassroots Cannabis was announced on Thursday, July 23. Grassroots, a privately-held company based in Chicago, has received an undisclosed amount for the deal, which will see Massachusetts-based Curaleaf expand operations across 135 dispen...
Michigan’s bulging adult-use cannabis market encounters supply issues and limited municipal opt-ins
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 30, 2020
Michigan is seven months into its legal recreational cannabis market, which appears to be growing at a colossal rate. The initial month of sales – last December – totaled $7 million. Comparatively, sales in May 2020 soared to $39 million. Estimates from the Marijuana Business Factbook pinned Michi...
November ballot looks set to feature adult-use cannabis legalization in Arizona
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 29, 2020
At the beginning of July, signatures backing an initiative to legalize recreational cannabis in Arizona were submitted to state officials. The proposed law, which is likely to be featured on the November ballot, would develop a regulated adult-use market. Pro-cannabis lobbyists at Smart and Safe Ari...
Illinois hits deadline for cannabis social equity grants as cannabis tax revenue tops $52 million in six months
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 29, 2020
On Tuesday, July 14, Governor of Illinois, J.B. Pritzker, announced that the state has raked in cannabis tax revenue to the amount of $52 million since the start of 2020. Cannabis was legalized for recreational purposes statewide on January 1, with adult-use revenue amounting to $239 million within the firs...
Illinois’ adult-use cannabis industry is successful, but strained by lack of supply
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 29, 2020
During the first six months of legal recreational cannabis sales in Illinois, the state managed to harvest $52 million in revenue. While it's clear that the market has thrived since the Cannabis Regulation and Tax Act was enacted in January, supply concerns are lingering for both the medical and adult-use markets. Something t...
Nashville DA says low-level cannabis prosecutions will be halted
Thor Benson
July 15, 2020
Nashville, Tenn. District Attorney Glenn Funk has announced the city will no longer be filing criminal charges against residents who are caught with less than half of an ounce of cannabis. The DA said that prosecuting these cases is not in the public interest and disproportionately harms communities of col...
Austin to stop arresting people for cannabis possession
Thor Benson
July 14, 2020
Police officers in Austin, Texas will no longer be arresting people or citing them for possession of small amounts of cannabis. Austin City Council voted to stop enforcing laws against the possession of small amounts of cannabis earlier this year, but the police had initially resisted this change in policy....
Approved amendments to Los Angeles cannabis rules could stimulate policy reform
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 13, 2020
An April lawsuit filed against the City of Los Angeles by Social Equity Owners and the Workers Association has since been dropped. The decision comes after officials agreed to begin processing additional applications last month. Initial approval to amend cannabis social equity and business licensing rules ...
The Nugg Club cannabis subscription box is capitalizing on COVID-19
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 10, 2020
As residents of the United States embrace the "new normal" that has rolled out amid the coronavirus (COVID-19) health crisis, cannabis companies are adopting new approaches to conveniently capture their target market. In particular, major success is stemming from subscription services. One such example i...
Airports just got friendlier to CBD consumers... https://bit.ly/2WlZyS7
Oregon has thousands of pounds of excess weed, more than the state can even consume https://bit.ly/2Weh4Es
Get your questions answered in this Q&A guide covering PPC, social media and legal advertising strategies.
https://bit.ly/2EcIqEh
Cannabis patients have been increasingly swapping opioids for medical marijuana. #potoverpills https://bit.ly/2VV68yw
Bethan Rose Jenkins, Cannabis News Writer/Editorial
August 10, 2020
An historic moment occurred this July, when the largest vertically-integrated cannabis operator in Michigan confirmed a joint partnership with an Upper Peninsula tribe. Located...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 26, 2020
Wednesday, May 20 was an important and truly historical date in tribal territory history for the Ojibwe tribe in Minnesota. It was on this day that the first ever tribal nation...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
July 31, 2020
The 90-year-old Hollywood actor that is Clint Eastwood has initiated a lawsuit against CBD companies that claimed he had tried their products. CBD – or 'cannabidiol' in...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
June 25, 2020
Former professional basketball player Albert Harrington, "Al," is taking strides towards black entrepreneurship. The 40-year-old cannabis company CEO recently told CNBC...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 20, 2020
Founded in 2013, MassRoots is one of the most well-established businesses in the cannabis space. However, it's latest SEC filings indicate annual revenue below $1 million....