United States

Synonyms: 
USA
the states
the US
Thu
16
May

Big box retailers are eyeing CBD from afar

Following in Walmart’s footsteps, multiple large chain stores are prepping for the inevitable day that CBD products will be filling their shelves.

A few weeks ago, Walmart signed a deal with New Age Beverages and, love them or hate them, Walmart has always been good at staying ahead of the trends. Now, other big box retailers are taking heed and working on securing their own contracts for CBD products. Some of these companies include Target, Kroger, and Safeway.

Thu
16
May

Many cannabis companies underperformed in the last quarter

Many cannabis companies have reported smaller sales than expected, and the market is trading down in the light of several mishaps this week.

Cannabis companies in Canada have released their quarterly financial reports, and by the looks of it – things are not going great for some of them.

The stocks of many cannabis companies have been going down this week. Some industry insiders are attributing this to the general downturn of the market affected by the trade war between the U.S. and China.

Industry experts have also pointed out that the supply problems are constantly obstructing the growth of the cannabis market.

Thu
16
May

'Ending marijuana prohibition could drastically help opioid addicts': 2020 Presidential Candidate Tulsi Gabbard

There's no easy solution to the opioid epidemic, which claimed the lives of nearly 49,000 Americans in 2017 alone, writes James McClure. But Congressperson and 2020 presidential candidate Tulsi Gabbard (D-Hawaii) says there's something that the federal government could do right now to help turn the tide of opioid addiction in America.

Wed
15
May

Report: Unlicensed LA dispensaries are selling dangerous knock-offs

Burdensome and irksome, arbitrary and protectionist, the many webbed network of laws governing commercial cannabis in California are there for at least one reason even hardcore libertarians should grudgingly appreciate: They are meant to prevent consumers from purchasing knock-off products that have the potential to do them harm. This is noble and good.

Wed
15
May

New Mexico provider says medical cannabis sales trail enrollment growth

Patient enrollment in New Mexico’s medical marijuana program grew at a fast clip in April.

The New Mexico Department of Health says patient enrollment in the cannabis program for health ailments such as cancer, chronic pain and post-traumatic stress disorder increased by 1,632 to 72,375 in April. That’s the equivalent of a 28% annual growth rate.

New Mexico’s largest medical marijuana seller said Monday that statewide growth in medical cannabis sales trailed far behind enrollment gains between March 2018 and March 2019.

Albuquerque-based Ultra Health says annual medical marijuana sales grew by 16%. That’s less than half the 39% growth rate for enrollment.

Wed
15
May

How banking challenges impede the growth of the cannabis industry today

With recreational cannabis now legal in Canada and many U.S. states, 2019 seems poised to become a turning point for the industry. However, within U.S. borders, one thing still limits growth: Cannabis companies’ lack of access to banking and financial services.

Until legislation like the SAFE Banking Act, which is currently in the House of Representatives, shifts the headwinds, cannabis companies will continue to have limited access to financial products most businesses take for granted. Here are some of the key challenges presented by the cannabis banking landscape today.

Wed
15
May

Changing lanes: The legal marijuana impact on the green market

More and more states are proposing to legalize marijuana for either medicinal or recreational use and in some cases both. The results have already been enormous. The legal changes have generated a burgeoning industry of legal cannabis companies, including those which intend to research and develop cannabis-based medical products, those which are operating to distribute marijuana seeds online, and many others. Nowadays, more than half of U.S. states have medical marijuana laws on their registry. Some other states have legalized certain amounts of marijuana for recreational use as well.

Tue
14
May

Colorado marijuana sales in March hit highest monthly total ever

Marijuana sales keep breaking records in Colorado, where dispensaries collected more money in March 2019 than in any other month since recreational pot sales started in January 2014.

According to the state Department of Revenue, legal marijuana products totaling over $142.4 million were sold in March, with recreational pot responsible for the bulk of that. Both recreational and overall sales set records for a single month, beating out the next-highest month, August 2018, by a little over $1 million.

Tue
14
May

Americans need to understand the laws surrounding marijuana and hemp

The recent legalization of hemp has brought much confusion to the American public, making it easier to unknowingly commit a crime.

Congress legalized hemp with the Farm Bill Act just a few months ago, and in doing so it also legalized the production of hemp. This made it so that the commercial production of hemp-made CBD oil is legal.

Now, since hemp is federally legalized – unlike its cousin marijuana, it is getting increasingly more important to understand the difference between the two.

Tue
14
May

Oregon’s solution for cannabis over-supply: Quit growing it

Let’s hear it for Oregon, where recreational cannabis is providing an ongoing lesson in elementary economics and the role of government in the marketplace.

Also, let’s hear it for Oregon, where the state’s cannabis producers have grown and processed so much product — a six or a seven-year supply, depending on who you ask, and that’s if every single plant currently under the lights or the sun were ripped out root-and-stem and never seen again. In Oregon, consumers are enjoying record-low prices.

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