Marijuana Business News

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Mon
26
Jul

What Is The Current Legal Status Of Delta 8 THC In Florida?

hemp field

Delta 8 THC is becoming more popular every day. As more people get to know about the benefits of delta 8 THC, the demand for the products is increasing rapidly. After all, when the product is so effective, everyone will naturally want to try it out. You can buy Delta-8 THC online pretty quickly and get the product delivered to your doorstep. With delta 8 THC products, there is some ambiguity regarding the legality. The legality of THC products evolves rapidly, so it is not easy to keep track of it. If you are in Florida, you might be wondering about the current legal status of delta 8 THC.

 

Mon
26
Jul

Legal Cannabis Is One Reason Home Prices Are Soaring Right Now

homes representing realestate market

 

A new report suggests having accessible weed can add to your property value.

If you’ve been shopping around for a new home recently, you’ve probably noticed that real estate prices have increased. This is true, particularly in weed-friendly states. But with 91% of American adults who support cannabis legalization, it will only continue to spread throughout the country and there is no doubt it will have an impact on real estate prices.

Mon
26
Jul

Colombia Expands Distribution of Medical Cannabis to Pharmacies Nationwide and Opens Export Market for Dried Flower Medical Cannabis

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  • On July 23, 2021, the Colombian Government signed Decree 811 of 2021, expanding the regulatory framework for domestic and export medical cannabis markets in Colombia
  • With the Decree, Colombia continues to serve as a regulatory leader and reference point for other countries in the region, having also approved universal insurance coverage for THC and CBD in late 2020
  • The decree allows for 1) the expansion of medical cannabis distribution across most pharmacies in the country, 2) the expansion of CBD-based product portfolios within the country, and 3) the export of dried flower medical cannabis products to international markets, among others
Mon
26
Jul

Marijuana Travel Is Here And This New Cannabis Hotel Is Leading The Way

Hiking trail with sun beaming through the trees

As more and more states have legalized recreational marijuana use in recent years, there’s been a lot of “buzz” in the travel industry about the future of cannabis vacations and what shape this would take. But like everything else in the world of travel, the global coronavirus pandemic and spread of COVID-19 changed the landscape and slowed everything down. Now, slowly but surely, travel is coming back, and Northern California’s Scotia Lodge is front and center as an instant hotspot for those whose travel decisions are influenced by all things cannabis.

Mon
26
Jul

Kanabo to be Europe's biggest public cannabis business after takeover

marijuana plants

 

London-listed marijuana business Kanabo (KNB.L) has struck a deal that it says will make it Europe's biggest publicly traded cannabis company.

Kanabo said on Monday it had agreed terms to buy the European operations of Canada's Materia, a cannabis processor and supplier. Exact terms weren't disclosed but Kanabo said the deal would be paid for through shares and subject to performance-related goals.

"The only part that we’re not involved in now in the supply chain is cultivation," Kanabo's chief executive Avihu Tamir told Yahoo Finance UK. "Our belief is that cultivation will be a commodity like other agricultural products. We believe the value is in the last mile."

Fri
23
Jul

Advocacy Coalition Urges Cuomo And NY State To Uphold Cannabis Law Promises

 

 

 

New York Cannabis United is calling on both the Cuomo Administration and New York State Legislators to uphold the promises made in the new law by swiftly appointing leadership to the Cannabis Control Board.

By Imani A. Dawson

On March 31st, Governor Cuomo signed the Marihuana Regulation and Taxation (MRTA) into law, conceived as one of the nation’s most equitable. The law has the potential to create the country’s largest legal cannabis industry and mitigate the harms experienced by Black and brown communities in the process.

Fri
23
Jul

Wide availability of delta-8-THC — ‘weed light’ — is prompting struggle over how to regulate it

In a warehouse outside Chicago, a crop of hemp grows to produce a controversial substance that some people call “weed light.”

The plants fall under the same Cannabis sativa species that produce marijuana. But like all legal hemp, they have been bred to contain less than .3% delta-9-THC, the main ingredient that gets users stoned. Instead, the hemp is used to produce the popular supplement CBD, and a derivative called delta-8-THC — said to give users a milder high without brain fog or anxiety.

Fri
23
Jul

As NC debates medical marijuana, people are getting high on hemp—it’s legal (sort of)

CHAPEL HILL – As North Carolina’s General Assembly debates the legalization of medical marijuana, hemp farmers and retailers have already found a legal alternative: Delta-8 THC.

Otherwise known as “Weed’s Little Brother,” Delta-8 THC, or D-8, is the hottest cannabinoid on the market right now, especially in states like North Carolina, where marijuana remains illegal.

“We started selling our first Delta-8 brand in November, and it blew up,” said Tanya Durand, owner of The Hemp Store on Franklin Street in Chapel Hill, in an interview with WRAL TechWire. “The response has definitely been overwhelming.”

Fri
23
Jul

Medical marijuana bill advances in NC Senate. What’s needed for it to become law?

The North Carolina Senate keeps advancing a bill that would legalize medical marijuana here, as the state remains one of the few holdouts in the country without such a law.

Senators in the Finance Committee passed the bill Wednesday, after a brief discussion about the taxes and other revenue it might bring to North Carolina if passed. No one had a solid estimate, but based on other states, it would likely bring in tens of millions of dollars a year.

Thu
22
Jul

Amazon Went to Space, Now on to Cannabis

Amazon’s Jeff Bezos just went to space. Now his company looks poised to embark on a new frontier—marijuana legalization.

It was just last month that Amazon officially announced that it was doing away with drug screening for pot, while also throwing its support behind proposed legislation that would finally legalize weed on the federal level. And now, there are mounting signs that the world’s largest online retailer is ready to put its ample financial resources behind the effort.

 

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