Marijuana Business News

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Tue
16
Jun

Germany Leads EU in Cannabis Oil Imports…and Exports

In 2019, Germany led the EU in both cannabis oil imports and exports, and not by small numbers. The Germans are proving themselves to be big cannabis users, and big cannabis producers as well.

When it comes to the cannabis market, the EU is a large and growing market of consumers which doesn’t produce as much as it uses. It also still has several parts which haven’t legalized cannabis under any circumstances, medical or otherwise, leaving the door open for future expansion as laws loosen up across Europe in the next few years.

Tue
16
Jun

Cannabis Companies Are Eligible For These Coronavirus Federal Payroll Tax Credits

Relief appears to be available for cannabis companies

The cannabis industry rarely looks to the federal government for support. Yet the raft of fiscal relief addressing COVID-19 has caused some in the industry to wonder what options, if any, might be available for them.

Tue
16
Jun

Illinois Delays Cannabis Dispensary Licenses Intended For Minority Entrepreneurs

Budding weed entrepreneurs will have to wait at least another month to learn if they’ve won one of 75 coveted dispensary licenses from the state.

The licenses were supposed to be awarded May 1, but Gov. JB Pritzker signed an executive order at the end of April indefinitely suspending the decision, citing difficulties related to the coronavirus pandemic and glitches in processing the applications.

Originally, all 75 licenses were to be awarded at the same time, but now some applicants could be awarded a license next month while others will have to wait until at least early August.

Tue
16
Jun

These 3 Marijuana Nonprofits Are Offering Real Responses To The Pandemic And Racial Injustice

In response to stay-at-home orders and nighttime police curfews, three marijuana nonprofits are finding creative ways to fulfill their missions. In an exclusive story with Green Entrepreneur, all have agreed to reveal their strategies for successfully managing the stresses of the pandemic and protests during these unprecedented times. 

#1 Last Prisoner Project (LPP)

Andrew and Steve DeAngelo founded the Last Prisoner Project alongside other industry leaders to help those imprisoned for cannabis-related charges. LPP’s mission is to “get every cannabis-charged prisoner out of prison,” says Andrew DeAngelo, longtime cannabis advocate and co-founder of Harborside Health Center

Mon
15
Jun

Two Marijuana Stocks That Are Redefining The Industry

Marijuana Stocks Continue to Show Promise in the Cannabis Industry

Mon
15
Jun

4 Things You Need To Know Before Visiting A Marijuana Dispensary

To ensure you have the best experience during your first dispensary trip, make sure you understand this short list of things a person needs to know before visiting.  

People have a tendency to get a bit excited when the concept of legal weed comes alive in their state. Hey, we can’t say that we blame them. It’s not every day that a plant still considered as dangerous as heroin and LSD in the eyes of the federal government gets the green light to be sold in a retail environment similar to beer. It’s a big deal, we don’t care who you are, especially considering the checkered, eight-decades long history of cannabis prohibition in the United States.  

Mon
15
Jun

All cannabis delivery is illegal: Alaska

Delivering cannabis to an unknown address, or involved in a free giveaway online? It’s a drug deal.

The special provincial constable for alcohol and cannabis for the Peace region says the delivery of cannabis is against the law  – and anyone doing it may be charged under the Criminal Code.

“No cannabis can be delivered by anyone – it is that simple,” says Lorie Barrette, cannabis inspector and special provincial constable. Barrette notes just as minors are not allowed into BC cannabis stores, all stores must ensure legal age verification takes place before consumption of their product. If stores know their product is being delivered or dropped off anonymous persons, or to unknown addresses -  age verification isn’t happening.

Mon
15
Jun

Missourians take advantage of hemp harvest despite pandemic

For more than 80 years, hemp hasn’t been allowed to be grown in the state of Missouri. That all changed in 2018 after President Donald Trump signed a bill legalizing industrial hemp.

Many Missourians are taking advantage of that opportunity this year with their first hemp harvest despite the coronavirus pandemic.

Hemp Hill in Lexington Missouri has been doing everything they can to get their hemp in the ground.

The group was part of a small pilot program last fall that allowed universities to team up with producers to research how to successfully grow hemp in Missouri.

“We were the first successful harvest in over 80 years in this specific area”, said Hemp Hill COO Victor Santos.

Mon
15
Jun

Next Stop for Cannabis Industry Investors: Malawi

The countries in Africa are falling one by one. First Lesotho, then Zimbabwe, then Zambia, and now Malawi. Quickly changing their cannabis regulation to promote global medical marijuana export markets. How will Malawi’s introduction onto the playing field fair?

Fri
12
Jun

Union ‘peace agreement’ obligation erased from Michigan marijuana industry rules

While there were multiple contentious rules proposed for Michigan’s marijuana industry, one involving labor unions elicited the most passionate response at a public meeting in February.

The requirement for marijuana businesses to enter what was dubbed a “labor peace agreement” has been removed from the final version of marijuana industry rules expected to take effect June 22, Marijuana Regulatory Agency spokesman David Harns said.

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