Since the beginning of the year, the marijuana sector has underperformed dramatically. The effects of COVID-19, oversupply in Canada, and falling consumer spending are all leading investors to get out of weed stocks en masse, with little regard for long-term outlook.
However, the market has changed dramatically from even just a quarter ago.... + continue reading
Featured Cannabis News Articles
As the number of licensed medical cannabis patients passed 8% of Oklahoma’s population, the Oklahoma Tax Commission reported taxes levied on sales in July exceeded $12 million.
State Question 788, approved by 57% of those who voted in the June 2018 election, included provisions for a 7% tax on medical cannabis sales.
The Oklahoma... + continue reading
So long as it is extremely difficult and expensive to start and run a licensed cannabis business, there will be people who opt for the illicit market.
It seems like every week, there’s a new announcement of state or local enforcement actions or raids of allegedly unlicensed cannabis operators in California. Some time ago, this would have been... + continue reading
Thailand’s ailing economy, particularly its tourism and agriculture sectors, is poised to get a boost from new rules that ease the private cultivation and sale of medical marijuana.
The Cabinet amended the Narcotics Act on Aug. 4, pending Parliament’s approval, to allow private medical operators -- a category including some traditional medicine... + continue reading
A military veteran serving a life sentence for selling less than $30 worth of marijuana will soon be released from prison, his attorney said.
Derek Harris, who was arrested in 2008 in Louisiana for selling an officer .69 grams of marijuana, was recently resentenced to time served. He's already served nine years in prison.
Initially,... + continue reading
The Texas Department of State Health Services (DSHS) has launched a Consumable Hemp Program “to provide clarity for future license and registration holders, as well as adequate safeguards for consumers,” the agency says on its website.
The program will regulate the manufacturing, processing, distribution and sale of consumable hemp products in... + continue reading
Top 10 This Week
07/08/20
Medical Cannabis News
As the number of licensed medical cannabis patients passed 8% of Oklahoma’s population, the Oklahoma Tax Commission reported taxes levied on sales in July exceeded $12 million.
State... + continue reading
Recreational Marijuana
The adult-use cannabis market in Illinois is booming. Illinois has sold about $300 million worth of cannabis products since the adult-use market opened in January. The state hit record-breaking... + continue reading
Regional Cannabis News
Colorado is the first state to legalize the cultivation and sale of marijuana for recreational purposes.
+ continue reading
Cannabis Business
This August 15, viewers on several major streaming services will have the opportunity to tune in to the premiere of the “first-ever cannabis business competition show” hosted by Advanced Nutrients... + continue reading
Cannabis Technology
While smoking a joint on a lakeside dock in British Columbia about four years ago, Craig Barker had an epiphany.
The photographer had recently moved to Canada from the U.... + continue reading
Cannabis Politics
The Texas Department of State Health Services (DSHS) has launched a Consumable Hemp Program “to provide clarity for future license and registration holders, as well as adequate safeguards for... + continue reading
