Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Mon
24
Sep

Canada estimates $1 Billion in legal cannabis sales in first three months

Beyond the $1 billion dollar estimate, Statistics Canada is anticipating the illegal market will drop dramatically.

Statistics Canada, the organization behind Canada’s census and hundreds of other crowdsourced data collection programs, is predicting that the country’s legal cannabis sales could reach as high as $1.02 billion from the commencement of the retail market on October 17 through the end of the year.

StatCan derived its Q4 estimates from census population data and statistics from the National Cannabis Survey. And beyond the remarkable sales projection, StatCan is also estimating a dramatic shift away from the illicit market as consumers mass-transition to legal purchases.

Mon
24
Sep

Federal government to comb social media for Canadian’s behaviour, attitudes toward marijuana

The federal government is looking to scour social-media platforms to find out what Canadians really think about pot as the country enters its new era of legalized weed.

With only a few weeks to go before the end of recreational marijuana prohibition, Ottawa is seeking an outside contractor to help the government learn more about Canadians’ attitudes and behaviours when it comes to legalized cannabis.

Mon
24
Sep

Governor of the Commonwealth of the Northern Mariana Islands legalizes cannabis

Governor Ralph DLG. Torres has officially signed the legalization bill.

Gov. Ralph DLG. Torres of the Commonwealth of the Northern Mariana Islands (CNMI) signed groundbreaking legislation on Friday, legalizing the recreational use of cannabis for the small United States territory. The Northern Mariana Islands is a small group of islands in the Pacific Ocean with a population of just over 55,000.

Fri
21
Sep

A closer look at the effects of Colorado's legal marijuana industry

Many local and state leaders urge Michiganders to vote against legalizing recreational marijuana. West Michigan law enforcement leaders made their case Wednesday September 19, 2018 against legalizing recreational marijuana.

Voters will decide on the issue in November. In their news conference, prosecutors used examples from other states that have legalized pot, to explain why they think it would be bad for Michigan.

Fri
21
Sep

Michigan marijuana legalization proposal does not contain protections against employee drug tests

Michigan voters will almost certainly legalize recreational marijuana this November. And while that may be a huge victory, it turns out the state will not have protections in place for legal marijuana users, writes Joseph Misulonas.

Fri
21
Sep

3 Beverage giants that should be looking for a cannabis partner

Sluggish sales could coerce these well-known beverage makers to turn to the green rush.

Whether you realize it or not, marijuana is big business. In our neighbor to the north, recreational weed is set to be legalized in 27 days. When the curtain is finally lifted, demand is expected to overwhelm the market, and in the process put loads of cash into the pockets of businesses up and down the cannabis supply chain. But this growth isn't lost on companies outside the cannabis industry. The past two months have featured no shortage of deals in the marijuana arena between brand-name companies and the pot industry.

Fri
21
Sep

New Jersey’s new adult-use cannabis bill just might pass

New legislation proposes lowest weed tax in nation.

In January of this year, Phil Murphy became governor of New Jersey for a slew of reasons, not the least of which was his promise to legalize weed in the Garden State within his first 100 days in office. That benchmark has come and gone, but lawmakers continue to work on it and now a new legalization bill is finished, polished and ready for possible implementation.

Fri
21
Sep

Law enforcement blasts relaxed rules on marijuana home delivery

Nearly a year into marijuana legalization in California, top law enforcement officials are fighting a proposed rule allowing pot deliveries anywhere in the state. Meanwhile, one cannabis industry leader agrees with their concerns.

Matt Lucero of Buddy’s Cannabis in San Jose has been in the business for nearly a decade. And business is booming for him, even as state and the county pass new laws on the industry. “It’s a steady, continued growth,” Lucero said.

While Lucero said he makes certain to follow the law, he’s aware that many others are not. “The black market is alive and well. And right now delivery drivers are the way that the black market is getting their product to folks,” Lucero told KPIX 5.

Fri
21
Sep

It's high times for soaring marijuana stocks on Wall Street

Reefer Madness has gripped Wall Street.

Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will be a buzzkill.

Fri
21
Sep

‘Cannabis is sexy’: Marketers are ditching traditional companies for the weed industry

Chris Melillo spent 10 years at Nike, working his way up to senior director of stores before joining medical marijuana startup Curaleaf as svp of retail. For Melillo, the move was personal as well as professional. While working at Nike, his mother died of cancer, and he wished she’d been able to use cannabis to ease her pain. He saw how he could use his skills to make dispensaries welcoming environments for consumers.

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