United States

Synonyms: 
USA
the states
the US
Mon
30
Aug

What Is Preventing Cannabis Legalization In The US?

USA Capital building

 

Cannabis legalization in some form or another is legal nearly everywhere in the U.S. As of August 2021:

Fri
27
Aug

Current Trends in Banking for Cannabis-Related Businesses

money roll

Cannabis is still federally illegal and is included on Schedule 1 of the Controlled Substances Act (CSA), along with such other substances as heroin, fentanyl and methamphetamines.1 It is a federal crime to grow, possess or sell cannabis.

Despite being federally illegal, 36 U.S. states and the District of Columbia have legalized the sale and use of cannabis for medical and/or adult use purposes,2 and both direct and indirect cannabis-related businesses (CRBs) are growing at a rapid rate. Revenue from medical and adult use cannabis sales in the US in 2019 is estimated to have reached $10.6B-$13B and is on track to reach nearly $37B in 2024.3

Fri
27
Aug

Despite changing policies, two MMA fighters have been suspended for weed

mma fighters

After years of suspensions and sanctions, the Nevada State Athletic Commission announced in July that it would no longer be fining or otherwise penalizing athletes for cannabis-related infractions.

So it was a surprise to many when lightweight fighters Yancy Medeiros and Justin Jaynes were handed four-and-a-half month suspensions this week after testing positive for THC.

Thu
26
Aug

White Boy Rick Is Out Of Prison, Entering Michigan Cannabis Industry: What You Need To Know

white boy rick in cannabis facility

At the age of 17, Rick Wershe Jr. was sentenced to prison for cocaine possession after having been used by the FBI as an informant since he was a boy of 14. (As originally seen on Benzinga by Maureen Meehan)

Known as White Boy Rick, Wershe, now 52, was released in July 2020 for good behavior after serving 33 years in federal prison under Michigan's 650-Lifer Law. Exactly a year later, he sued the FBI and Detroit Police for $100 million for having recruited him at such a young and impressionable age. 

And now he’s getting into the cannabis industry. His home state of Michigan is just the place to be. 

Wed
25
Aug

Sociodemographic factors have a significant impact on risk of cannabis use disorder in U.S. veterans: research

medical marijuana

Veterans in vulnerable subgroups are at a higher risk of developing cannabis use disorder (CUD) or consuming cannabis for adult (recreational or non-medical) use, according to a new study from researchers at Pennsylvania’s Center of Excellence in Substance Addiction Treatment and Education at the Corporal Michael J. Crescenz VA Medical Center.

Wed
25
Aug

The State That Sells the Most Weed May Surprise You

USA map

National retail sales figures for July included a small segment called “miscellaneous store retailers,” in which the U.S. Department of Commerce included the no-longer-so-small cannabis dispensaries. 

With sales at the nation's miscellaneous store retailers increasing by 3.5% in July from June to a record $14 billion — at a time when total retail sales lagged — the Wolf Report looked at one state and concluded that the boom was partly driven by cannabis retail sales.

California at the forefront

The report's author, Wolf Richter, used California's cannabis market, currently the world's largest, as an example, and this is what he found out.

Wed
25
Aug

Could 2021 Be the Year of Federal Cannabis Legalization?

Gavel

The legalization of cannabis in the U.S. has been long in the making. Back in the early 1970s, states such as Oregon, Texas and Colorado began the process of decriminalizing small amounts of cannabis. Fast forward 50 years or thereabouts, and the momentum toward legalization is undeniable.

True, cannabis remains illegal at the federal level, but state after state is legalizing the substance for medical and adult use. California was the first to do so for medical usage in 1996. Since then, several others have jumped on the medical cannabis bandwagon, and a total of 19 states have legalized cannabis for adult use. It seems, then, that it’s just a matter of time before the federal government follows suit.

Wed
25
Aug

Best THC Gummies: Top 5 Choices For Premium Cannabis Edibles

gummie bears

With the signing of the 2018 Farm Bill, hemp became legal across the country. The new regulation led to a booming industry for hemp-derived goods. Due to progress in machinery and procedures, hemp producers now have different technologies for obtaining cannabinoids other than CBD, such as delta 8 THC.

There are various forms of THC molecules, the most prevalent of which is the delta 9 THC. Delta 8 THC, on the other hand, is swiftly gaining favor, owing to its gentler euphoric effects and reduced anxiety levels. Such goods are legalized federally due to their hemp origins.

Wed
25
Aug

Kevin Durant wants to shut down marijuana stereotypes in sports

Kevin Durant

 

Nets star Kevin Durant will be partnering with Weedmaps, an online market that sells marijuana. In the process, Durant wants to prove stereotypes made on marijuana usage in sports wrong. On the Boardroom, CEO Rich Kleiman sat down with the 2X NBA Champion and Weedmaps CEO Chris Beals on this matter. In the discussion, Durant kept things real:

 

“The band aid has been ripped off. In the sports world, it’s kind of an undercover thing that players use cannabis and used it while they were actively playing. I always thought that was an interesting thing, even as I started coming into the league. You hear the conversation more and more around the league about it.”

Tue
24
Aug

Helping Hand For US Organic Hemp Producers

hand pruning hemp leaves

The U.S. Department of Agriculture (USDA) has announced it is again pitching in with financial support for organic producer and handler certifications.

Applying not just to hemp, the Organic Certification Cost Share Program (OCCSP) will help offset the costs of obtaining or maintaining organic certification under the USDA’s National Organic Program.

“USDA is here to help all producers, including those who grow our nation’s organic food and fiber,” said USDA Farm Service Agency (FSA) administrator Zach Ducheneaux. “Many farmers have told us that cost was a barrier to their ability to get an organic certification.”

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