United States

Synonyms: 
USA
the states
the US
Thu
15
Nov

Here's where marijuana stocks may be headed next year

Canada's marijuana-stocks bubble will pop or at least deflate next year, as soaring valuations hit financial realities, Chris Walsh, founding editor of Marijuana Business Daily, predicted in a pot conference here.

Speaking at MJBizCon at the Las Vegas Convention Center, Walsh told attendees that the "bumps aren't over" in Canada's recreational market, which came to life on Oct. 17. But since then, shortages have persisted, as producers try to widen their capacity to make more weed.

How that market plays out, he said, could offer a taste of what's to come in the U.S., as more states legalize and hopes increase for friendlier tax and banking laws to the cannabis industry stateside.

Thu
15
Nov

Nevada breaks another marijuana sales record

Nevada has broken another record for marijuana sales. The Nevada Department of Taxation reported on Wednesday that in August, the state collected $8.1 million in taxes alone from cannabis sales. That’s $3.2 million more than the same time last year.

August 2018 was the largest month of combined marijuana tax revenue to date in Nevada, the agency said. Marijuana tax collection alone for 2019 is expected to be nearly $70 million.

Thu
15
Nov

Federal government seeks cultivators to grow thousands of kilos of cannabis

Those looking to play a role in the development of medical uses of cannabis in the United States, listen up; Uncle Sam needs you. As reported by Marijuana Moment, a listing posted by the National Institute on Drug Abuse via the Federal Business Opportunities website last week asked for “capability statements” from businesses with the capacity to produce a variety of marijuana strains and products. Prospective firms must also be equipped with storage space for up to 5000 kilograms of cannabis stock.

Thu
15
Nov

House reps. announce trio of bills to make VA more 420-friendly for veterans

A bi-partisan duo of congressmen from Massachusetts and Florida will co-sponsor a trio of bills that, together, would help make the Department of Veterans Affairs more responsive to veterans who use and are interested in seeking medical cannabis treatments. Massachusetts Rep. Seth Moulton, a Democrat and former Marine Corps office who fought in Iraq, and Florida Rep. Matt Gaetz will introduce the bills in the next legislative session, Moulton announced Wednesday.

Thu
15
Nov

Canopy Growth CEO: 'For sure there's a marijuana bubble'

Canopy Growth Corporation saw its shares fall 13% on Wednesday after reporting disappointing earnings that included a revenue decline. Analysts had expected better results from Canopy after Canada launched legal recreational marijuana sales on Oct. 17.

Thu
15
Nov

Oklahoma approves over 12,000 medical marijuana licenses

Less than four months after voters in Oklahoma legalized the use of medical marijuana, more than 12,000 patients have been approved for licenses by state regulators. Nearly 2,000 more licenses have been issued to cannabis businesses, according to a tweet from the Oklahoma Medical Marijuana Authority (OMMA).

Thu
15
Nov

Healthcare networks in Ohio prohibit doctors from recommending medical cannabis

Ohio’s medical cannabis law went into effect in September 2016. But the program’s implementation has faced a number of delays and setbacks. As a result, the state only began issuing licenses in September of this year. So far, Ohio has approved 300 doctors to recommend medical cannabis program. Regulators process and approve more applications every month.

Wed
14
Nov

Branding and retail experts arrive to reinvent the cannabis consumer experience

With adult-use cannabis legalization momentum in full swing, the next stage for this newly emerging market has arrived.

Wed
14
Nov

Can artisanal weed compete with ‘Big Marijuana’?

You’ve heard of Big Pharma and Big Tobacco. How about Big Marijuana?

The drug’s growing legalization is raising concerns among small-scale marijuana farmers and retailers that the corporatization of weed may be right around the corner.

Wed
14
Nov

The world’s first seed to sale, patient to regulator, medical cannabis data solution is here

Secondary industries can quite often do surprisingly well as often there is less competition. Global Cannabis Applications Corp. (CSE: APP | OTCQB: FUAPF) (“GCAC”) is a global leader in designing, developing, marketing and acquiring innovative data technologies for the cannabis industry. They are doing this by applying artificial intelligence, blockchain, and cryptocurrency to improve cannabis health sciences, under their Citizen Green platform.

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