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    Cannabis tax boom: States collect a whopping $15,1 billion in revenue since weed legalization
    Cannabis Technology News

    Cannabis tax boom: States collect a whopping $15,1 billion in revenue

    Posted May 23, 2023

    In a stunning display of the financial potential of legal cannabis, states across the US have collected a combined total of more than $15,1 billion in tax revenue from adult-use cannabis sales since 2014. As cannabis business owners navigate regulations that can change by state and face growing

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    Pot’s future in congress is murky. Here’s what lawmakers are saying
    Marijuana Politics

    Pot’s future in congress is murky. Here’s what lawmakers are saying

    Posted May 22, 2023

    This week, congressional reporter Jarrell Dillard takes a look at Washington’s latest cannabis battles. For now lawmakers remain deadlocked. Here’s what's at stake. Hurry up and wait Federal lawmakers have a lot on their plate when it comes to cannabis — from financial rules to marijuana’s rising

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    Positive marijuana tests following workplace accidents highest in 25 years
    Medical Cannabis News

    Positive Marijuana tests following workplace accidents highest in 25 years

    Posted May 22, 2023

    The year 2022 marked the year that drug tests administered after workplace accidents showing positive results for marijuana reached the highest level in 25 years, according to a recent Quest Diagnostics analysis. The Quest Diagnostics analysis, unveiled Thursday, showed that positive marijuana urine

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    Explosive texts link DeSantis to Trump insider Lev Parnas
    Marijuana Politics

    Explosive texts link DeSantis to Trump insider Lev Parnas

    Posted May 22, 2023

    Ukrainian-American businessman Lev Parnas and his business partner were arrested in 2019, accused by the US government of funnelling a Russian oligarch’s money into American political campaigns. One recipient of Parnas’ donations -- Florida Governor Ron DeSantis -- has said he was barely an

  • Image
    In States where it’s legal, most people get their Weed from the store
    Marijuana Business News

    In States where it’s legal, most people get their Weed from the store

    Posted May 19, 2023

    New survey paints a bleak picture for the traditional pot dealer in legal states. More than half of cannabis consumers in states where weed is legal get their stuff at the store, according to newly released survey data. The survey, which comes via New Frontier Data, found that “52% of current

  • Image
    Record number of US workers test positive for Cannabis
    Marijuana Business News

    Record number of US workers test positive for Cannabis

    Posted May 19, 2023

    As the number of cannabis-friendly states across the US has grown, so, too, has the drug's usage among American workers. An annual analysis from Quest Diagnostics medical lab and testing company shows the percentage of general U.S. employees, who tested positive for cannabis in 2022 reached the

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    Bill to restrict Marijuana packaging appealing to children gains support in assembly
    Marijuana Business News

    Bill to restrict Marijuana packaging appealing to children gains support in assembly

    Posted May 18, 2023

    A bill to restrict marijuana products with packaging that appeals to children continued to gain traction in the Assembly, with more votes shifting in favor of the bill in recent weeks. Assembly Bill 1207, authored by Assemblywoman Jacqui Irwin (D-Thousand Oaks), would build upon provisions in the

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    The increasingly absurd illogic of workplace Drug tests
    Cannabis Technology News

    The increasingly absurd illogic of workplace Drug tests

    Posted May 18, 2023

    Dr Boehnke is a research assistant professor and the director of controversial compounds in the University of Michigan Medical School’s Department of Anesthesiology and Chronic Pain and Fatigue Research Center. The email from my new job was not the welcome I was anticipating. I would “be required to

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    Weed legalization has contributed to a decrease in Tobacco use
    Medical Cannabis News

    Weed legalization has contributed to a decrease in Tobacco use

    Posted May 17, 2023

    A new study found that tobacco consumption has decreased in states with recreational cannabis legalization. A study published in the Journal of Health Economics addresses the topic of tobacco use in the wake of cannabis legalization. Entitled “Have recreational marijuana laws undermined public

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    California’s possibilities of Interstate Cannabis commerce
    Marijuana Politics

    California’s possibilities of Interstate Cannabis commerce

    Posted May 17, 2023

    Despite federal officials dragging their feet on the subject of the many reforms needed in America’s cannabis policies, states that have made billions from statewide cannabis sales are implementing their own lucrative and job-creating policies regardless. Washington and Oregon, two of the first

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    10 legal challenges for the Cannabis Industry in 2023
    Marijuana Politics

    10 legal challenges for the Cannabis Industry in 2023

    Posted May 16, 2023

    The cannabis industry continues to experience significant growth and transformation, but it also faces various legal challenges in the year 2023. 1. Cannabis Entering the Metaverse As we discuss in greater detail here, the Metaverse provides expansive marketing and sales opportunities for cannabis

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    A new high for Cannabis finance
    Recreational Marijuana News

    A new high for Cannabis finance

    Posted May 16, 2023

    This Firm Has Received The Industry's First 'A' Credit Rating. (Benzinga) In a key development for the regulated cannabis sector, Pelorus Capital Group has announced that its 7% senior secured notes have achieved an "A" institutional rating, the highest ever seen in the cannabis industry. This

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