Business
Democrats Seek Updated Federal Financial Rules for Cannabis Business Owners With Weed Convictions
A group of Democratic lawmakers has written a letter to federal financial regulators calling on them to update rules that hinder cannabis business owners...
Oregon Weed Glut Continues in 2023
Oregon cannabis producers grew too much weed again this year, according to a new report, continuing the glut of marijuana that has plagued the...
Global CBD Market to Hit $36B Over Next Decade, Report Predicts
The popularity of CBD and other hemp-derived compounds continues to surge in terms of sales. A new report predicts that the CBD market is...
New Study Reviews Inequity in Cannabis Research, Recommends How To Move Forward
A recent paper published in PNAS Nexus provides an in-depth review of the effects of the War on Drugs on people of color, the disproportionate ownership...
Tasmanian Hemp Business Owners Call on Government To Improve Regulations
Two Tasmanian hemp business owners are founders and operators of the island state’s hemp processing operations. Andi Lucas of the hemp processing facility X-Hemp and Tim...
Michigan Adult-Use, Medical Cannabis Sales Reach $3.06 Billion in 2023
New data from the Cannabis Regulatory Agency (CRA) in Michigan revealed that the state collected more than $3.06 billion in adult-use sales last year....
Massachusetts Cannabis Business Owners’ Lawsuit Against the U.S. Government Continues
The saga continues for four Massachusetts-based business owners who filed a lawsuit against the U.S. Justice Department in an attempt to overturn cannabis prohibition.
The...
Cannabis Social Equity: Struggles, Success
As we celebrate Black History Month this February, the ever-crucial issue of social equity—programs promoting equitable ownership among marginalized groups—within the legal cannabis industry...
Georgia Lawsuit Claims 12 Cannabis Companies Mislead Consumers With Delta Products
On Feb. 6, a lawsuit was filed in the U.S. District Court in Georgia by resident Hannah Ledbetter against 12 cannabis companies. The claim...
Local Bank To Become First To Fully Serve Guam’s Cannabis Industry
Bank of Guam announced in a press release on Wednesday that the launch of “Cannabis Banking” will give it a “platform cannabis clients the ability...