Marijuana Business News

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stocks
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Thu
28
Oct

A year ahead of legal sales, Vt. cannabis regulators want industry to be small-scale, equitable

cannabis buds

In about one year — by October 2022 — Vermont's retail cannabis market is scheduled to go into place, and the state's Cannabis Control Board has already made some key decisions that will shape Vermont’s legal marijuana marketplace.

VPR’s Mitch Wertlieb spoke with senior political correspondent, Bob Kinzel. Their conversation has been edited and condensed for clarity.

Mitch Wertlieb: In one of their earliest and most important decisions, the board has decided to prioritize small marijuana growers, and why are they doing this in particular?

Bob Kinzel: Mitch, they're really doing this at the direction of the Legislature, and I think it might be one of the most important decisions that they've made, because it has a rippling effect on many aspects of this issue.

Thu
28
Oct

This Low-Priced Marijuana Stock Could Make You Rich

rebounding stocks

Sundial's stock may be gearing up for a sharp rebound.

Thu
28
Oct

CNM offers cannabis course ahead of recreational legalization

cannabis plant

ALBUQUERQUE, N.M. - Pretty soon, cannabis is going to be big business in New Mexico. There's a lot of work to do in the meantime to prepare the workforce.

CNM is now offering a new online course, but the deadline is Thursday at midnight if you want to sign up.

“As we know, the cannabis industry is growing and changing in New Mexico and so we want to be a part of helping create that workforce,” said Mary Gallivan, senior director of CNM Program Management.

CNM is offering a new online training course, the Cannabis Establishment Technician Certificate, to get that workforce ready.

Thu
28
Oct

Grover Beach plans to attract more businesses with reduced cannabis tax

Cannabis grow operation

Producing and distributing pot in Grover Beach is about to be more pocket-friendly thanks to a new drop in commercial cannabis tax.

The Grover Beach City Council unanimously greenlit the plan at its Oct. 25 meeting to attract businesses in the cannabis industry to the beach city. Grover Beach's cannabis industry has been expanding ever since its first legal marijuana business opened in May 2018. In fiscal year 2020-21, the city raked in $2.4 million in cannabis revenue. It's a major leap from the $16,359 the fledgling industry generated that first year.

Wed
27
Oct

Will These Marijuana Stocks Be Top Gainers As November Approaches?

cannabis leaves

These 2 Marijuana Stocks Could Be The Ones You Need On Your Watchlist

Most marijuana stocks in the market are facing the same issue. The issue is not having enough momentum to reach higher levels of trading. Nevertheless, most of these publicly traded cannabis companies are seeing continued success outside of the market. This progress that happening out of the market is actually bringing more attention towards investing in legal marijuana. You see right now the cannabis sector is down and there has yet to be a substantial rise that has intrigued shareholders. Still with how low the sector is now looks like a great time to find top marijuana stocks to buy.

Wed
27
Oct

At MJBizCon 2021, the Outlook for Cannabis is Rosy—and Not So Rosy

A close look at trends and predictions reveals a complex picture.

In a sign that the world is kind of returning to normal, MJBizCon 2021 has opened its doors back to actual people for the largest B2B cannabis industry event. 

MJBizCon

This is the time of year when tens of thousands of industry professionals descend on Las Vegas to show off their products and services, network, attend educational seminars, shake hands (or perhaps bump fists this year), smoke a few blunts, and make lots of deals. 

Wed
27
Oct

Why Mainstream Businesses Are High On The Cannabis Industry

cannabis plant

Cannabis cultivators in the mountains of Northern California’s Emerald Triangle, which is the heart of marijuana production in the U.S., are off the grid. But one of the country’s largest propane gas providers, AmeriGas, happily supplies growers with 1,000-gallon containers of propane to fuel their operations.

Wed
27
Oct

Colorado Cannabis Has a Pollination Problem to Address

outdoor cannabis plants

Colorado cannabis officials are tasked with figuring out how to stop marijuana and hemp pollen from mingling, but they need to learn more about the outdoors first.

Although technically the same plant genus, marijuana and hemp are grown for two different reasons in Colorado. Marijuana's intoxicating compound, THC, is still banned federally, while hemp is farmed for industrial purposes or extracted for non-intoxicating medicinal compounds, like CBD, as long as the hemp flowers have less than 0.3 percent THC. But the two plants can easily cross-pollinate miles away from each other when grown outdoors.

Wed
27
Oct

New York employers are banned from testing most workers for marijuana

medical samples for testing

New York state employers will no longer be allowed to test employees for cannabis, according to new regulations released by the state Department of Labor.

This makes New York the first state in the country to prohibit employers from testing both current and prospective workers.

In other states where marijuana is legal, there are laws that ban employers from penalizing workers who test positive, but this is the first regulation to explicitly prohibit workplace testing for cannabis altogether.

Wed
27
Oct

Add Nevada To The List Of States That Have Eclipsed The $1B Mark In Legal Cannabis Sales

las vegas morning

You can add Nevada to the list of states that have surpassed more than $1 billion of medical and recreational cannabis sales over a one-year period (according to state officials) and we consider this to be a milestone for the US market. (as originally appeared on technical420.com)

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