Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Fri
19
Oct

Tennessee Hemp Supply adds Clarksville business location

A new Clarksville businessis promoting natural "Tennessee-grown" wellness through the healing properties of hemp, minus the "high" associated with extracts for marijuana use.

The products retailed at Tennessee Hemp Supply, 2680 Trenton Road, are safe, proven and legal, says Trinity Mealor, president and CEO.

The chief ingredient and common denominator in Tennessee Hemp Supply's wide range of natural health products is CBD, short for Cannabidiol, which is extracted from hemp.

"We're trying to focus our attention on educating the community on the benefits and applications of CBD," Mealor said. "CBD is an active chemical compound that's found in the cannabis plant, and these are all good, effective products.

Fri
19
Oct

More precaution than promotion for Canadian cannabis tourism

Canada’s move to legalize recreational marijuana this week is unlikely to immediately trigger a flood of pot-fueled tourism, as tour operators and consumers are unsure about rules governing the brand new industry.

There are precedents for Canada to follow in California, Colorado and elsewhere. But observers noted that these U.S. states offering legal recreational marijuana could put a damper on Canada’s own pot travel aspirations: Why go all the way to Canada when you can smoke legally a couple of states away?

On Wednesday, Canada became the first major industrialized nation to legalize recreational marijuana, sparking huge demand. But those in the tourism industry are meeting legalization with more precaution than promotion.

Fri
19
Oct

Five smaller companies expected to profit from Canada’s cannabis legalization

Canada’s move to fully legalize cannabis for adult recreational use on Wednesday has set the stage for the development of a new industry that is expected to generate billions of dollars in revenue. To mark the occasion, MarketWatch profiled the six main players in the emerging sector, all of which are listed on the Toronto Stock Exchange and on U.S. exchanges or on the over-the-counter market. But there are many smaller players, too, some of which remain private companies, and many new players are expected to emerge in the coming months.

Fri
19
Oct

Marijuana in Massachusetts: State regulators sign off on 90,000 square foot cultivation facility

A 90,000 square foot facility in Leicester, which will cultivate, process and package marijuana products, on Thursday received the approval of Massachusetts regulators. The Cannabis Control Commission signed off on provisional licenses on in-door cultivation and product manufacturing for East Coast Organics LLC.

The five-member commission also handed out provisional licenses to the following marijuana businesses: Caroline's Cannabis of Uxbridge (retail); Commonwealth Cultivation Inc. in Pittsfield (cultivation); Curaleaf Massachusetts Inc., of Webster and Oxford (cultivation, product manufacturing and retailing); and Theory Wellness, Inc. in Great Barrington (retail). 

Fri
19
Oct

We asked weed dealers what they think about cannabis legalization

Now that weed is legal, cannabis dealers tell us about their fears and expectations about the future of their job. If cannabis users can simply go to the store or online to buy what they need legally, why would they continue to call their dealer? What will become of the local weed dealer? VICE met with a few to discuss the future.

Fri
19
Oct

Amendment X in the 2018 Colorado election: What to know about the definition of industrial hemp

Amendment X asks whether to remove the definition of “industrial hemp” from the constitution. Here’s the language you’ll see on your ballot:

Shall there be an amendment to the Colorado constitution concerning changing the industrial hemp definition from a constitutional definition to a statutory definition?

What does that mean?

When Coloradans legalized marijuana, a definition for industrialized hemp was added to the constitution. Hemp can be used for building materials, food, fuel, medicine, paper, rope, and textiles, and has only the tiniest bit of THC, the psychoactive ingredient in marijuana.

Fri
19
Oct

Following Canada's lead, legal cannabis set to take off on a global scale

With Canada legalising recreational marijuana, the coming year could be the one that cements the mainstreaming of cannabis on a global scale. While the substance has long been decriminalized in Portugal and the Netherlands, on 17 October, Canada became the first G7 country to legalise recreational purchase from federally licensed vendors and the second overall, five years after Uruguay did so. 

In practice, this means adults in Canada can possess up to 30 grams and grow as many as four plants. With legalisation, the country is, in effect, moving towards a landscape in which cannabis is treated similar to alcohol and tobacco, namely, as a highly regulated product intended for adult consumption.

Fri
19
Oct

Young Henrys and Afends announce the Hemp IPA, one of Australia's first cannabis beers

Young Henrys have unveiled their latest brew, a collaboration with Afends with a very special secret ingredient; hemp.

The Hemp IPA will be available on tap and in cans, rolled out at selected venues and retailers nationwide on October 24th.

To find out a little more about the new brew, we spoke to Oscar McMahon from Young Henrys and Daniel Schultz of Halcyon Bioscience.

Fri
19
Oct

Top cannabis VCs give their best advice on how to invest in the booming marijuana industry

Ever since Colorado legalized cannabis for all adults in 2014, the cannabis industry has blossomed, with a multitude of companies competing to scale up as more states legalize the drug. On Wednesday, Canada became the first G7 country to legalize the plant for all adults.

Fri
19
Oct

Colorado marijuana sales exceeded $1B through August

A Colorado reports shows marijuana sales in the state have exceeded $1 billion as of August of this year, with tax revenue from those sales reaching $200 million.

The Denver Post reports the state Department of Revenue report indicates medical and recreational marijuana sales are on track to break last year's record of more than $1.5 billion.

This year's combined sales reached the billion-dollar mark at the earliest point in the four years recreational marijuana has been legal in the state. Total Sales through August 2017 reached more than $996 million.

According to the Marijuana Enforcement Division's 2018 Mid-Year Update, the industry's hot spots are in Denver, Boulder, El Paso and Pueblo counties, growing 80 percent of all plants in the state as of June.

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