fbpx Marijuana Business News | Marijuana Business News | Cannabis Industry & Legalization | 420 Intel

Marijuana Business News

Synonyms: 
stocks
business
Tue
04
Oct

Recreational pot sales Kick Off in Vermont

vermont

Three stores opened in Vermont on Saturday.

Recreational marijuana sales officially launched in Vermont over the weekend, with stores in three communities opening their doors to customers on Saturday.

The three retailers to open this weekend were FLORA Cannabis in Middlebury, Mountain Girl Cannabis in Rutland and CeresMED in Burlington, according to the Associated Press, which noted that a “fourth business has been licensed to sell recreational pot but isn’t ready to do so yet.”

The Burlington Free Press reported on the grand opening at Ceres in Burlington, where the newspaper said that “a line of a couple hundred people stretching from the storefront around the corner and down an alley” had gathered for the occasion.

Tue
04
Oct

Milwaukee Company produces CBD locally and organically

oil

RA! Is an all-natural hemp and wellness company, and lifestyle brand, founded by Richard Bowman.

RA!—a play on the word raw— offers cannabidiol (CBD) edibles, tinctures and topicals crafted through a trademarked Whole Spectrum™ processing method that captures CBD and all ancillary cannabinoids.

Bowman, a musician and real estate agent, works with research & development specialist Alla Tsypin, an herbalist of 25 years and co-founder of Madison-based Nessalla craft kombucha. Tsypin had sold Nessalla in 2020 and wanted to get back to her herbalist roots.

Tue
04
Oct

Treating Cannabis Businesses with the respect they deserve

farm

Cannabis sales in the United States could top $72 billion by 2030, according to New Frontier Data analysis of the cannabis economy, thanks to strong consumer demand, high likelihood of additional state market activations, and increasing normalization of cannabis consumption.

That bullish projection can only play out if the cannabis industry gets the support it needs from banks and insurance companies – something that is still lacking due to the federal illegality of the product. Cannabis is still a Schedule I substance under the Controlled Substances Act, alongside drugs like heroin, LSD, and ecstasy. The federal government’s robust and unwavering stance on legalizing cannabis has spooked most of the mainstream players in the property and casualty (P&C) market.

Tue
04
Oct

How to find the best CBD concentration for you

gummy

You’ve heard about CBD and maybe you’ve even tried it. But you may have been using the wrong CBD concentration.

If you’ve tried CBD oil tinctures or gummies a few times in the past and never really noticed a difference or saw any of the benefits you’d been hearing about, you probably weren’t using the right concentration.

Just like any other supplement, some people need more or less than others. But when you fall into the “more” category, it can feel frustrating when your wellness routine produces the same benefits as others, but costs far more. And you’re right – it shouldn’t.

Mon
03
Oct

Medical Cannabis Patients and Caregivers may grow Cannabis at home

Effective October 5, New York medical cannabis patients age 21 and older may grow up to three mature and three immature cannabis plants under new rules adopted by the state’s Cannabis Control Board.

Designated caregivers who care for those under age 21 or those unable to cultivate their own cannabis will be permitted to grow up to six mature (buds showing) or immature plants. Caregivers are permitted to grow for up to four patients.

Only certified patients and designated caregivers registered with the Office of Cannabis Management are able to engage in home grow, and they are not permitted to sell the cannabis they grow.

Mon
03
Oct

Marijuana Banking has grown quickly. Here’s a look at Who’s Who

banks

Power brokers - I spoke to half a dozen investment bankers about how their firms work in the cannabis space in terms of what they’re able to advise on — and what they’re not — and what trends they’re seeing in deal-making.

Let’s break it down bank by bank. 

Cowen

New York-based Cowen’s first cannabis-related transaction was the 2013 initial public offering of GW Pharmaceuticals on the Nasdaq. The firm in 2014 hired research analyst Vivien Azer, who co-founded the cannabis practice alongside banking Managing Director Gavin O’Reilly, a 19-year Cowen veteran.

Fri
30
Sep

New York State starts vetting the first round of Retail Cannabis Applications

application

BUFFALO - New York State's drive to set up dispensaries to sell recreational marijuana is now moving forward with screening applications for potential licensees.

A total of 903 such applications, each with a filing fee of $2,000, have come in to Albany in this first round. 2 On Your Side spoke the state agency handling them, along with some hopeful applicants.    

The New York State Office of Cannabis Management sees the demand to get retail marijuana sales up and running in licensed dispensaries. Eleven out of that initial 150 approvals will be slated for Western New York. 

Agency spokesman Trivette Knowles emphasized that this will be a very careful, meticulous review of the applicants.

Fri
30
Sep

Cannabis dispensary set to open in Sierra Vista

Sierra Vista, recreational cannabis has arrived.

A nationally-known purveyor called Trulieve — with a slogan of “Cultivating the greater good so you can live without limits” —will open its doors on Saturday morning. The new business, 1633 S. State Route 92, Suite 7, plans a soft opening between 9 a.m. and 7 p.m., said Chief Executive Officer Steve White.

Following the soft opening, the store, which is almost 2,000 square feet, will be open seven days a week for those same hours offering medicinal and recreational cannabis. White said at least 20 employees have been hired to work at the dispensary.

Fri
30
Sep

Cannabis spurs massive financial impact on small Illinois Village

SAUGET - Sauget sits about an hour from Nashville; not that Nashville, though – Nashville, Illinois.

Just like in Tennessee, there are hundreds of small municipalities in Illinois, like Nashville and Sauget.

The big difference is many of the ones in Illinois are bolstered by money from cannabis, whether it’s from residents or those out of state.

“It’s really helped to establish the services that we have,” Sauget Mayor Richard A. Sauget Jr. said. “Our police and our fire.”

Fri
30
Sep

Houston, We Have a Cannabis Problem!

astronaut

It’s time to respond to our next major drug epidemic.

For years, the opioid crisis has been the leading concern when it comes to substance use. There’s certainly good reason for this emphasis, but as a result, the harms associated with other drugs have successfully been able to avoid the spotlight.

In my view, cannabis use is now the biggest contributor to mental health and substance use problems that, up until quite recently, nobody was talking about. While it may not be the most toxic substance on earth, it is arguably the one where the largest chasm exists between its actual dangers (which are substantial) and its perceived dangers (which to a lot of people are zero).

Pages

Subscribe to RSS - Marijuana Business News