United States

Synonyms: 
USA
the states
the US
Wed
14
Nov

Hemp CBD market continues to dominate cannabis news as CBD-infused products become more mainstream

CBD has long been a consistent performer of the overall cannabis market as industry leaders have enjoyed the flexibility of loopholes surrounding legalities, as well as a rising consumer sentiment toward alternative health options, writes a Benzinga reporter. CBD-infused products have allowed companies to expand into a variety of industries and continue to generate higher and higher revenues. The hemp-derived CBD market is projected to top $590 million in revenue, according to the Brightfield Group.

Wed
14
Nov

Tilray ready to move into US cannabis if farm bill passes

Tilray Inc. is prepared to quickly move into the U.S. cannabis market if a pro-hemp farm bill is passed.

Tilray’s $500 million in cash, its Nasdaq-listing and its global reach “gives us advantages to very quickly deploy capital in the U.S.” if Congress passes the farm bill, which would legalize non-intoxicating cannabidiol derived from hemp, Brendan Kennedy said Tuesday on the company’s third-quarter earnings call. He is also closely watching the STATES Act, which would give states the power to legalize marijuana without the threat of federal interference.

Wed
14
Nov

Green Thumb Industries acquires Nevada’s top cannabis company

On Tuesday, Green Thumb Industries Inc. (GTI) finalized a deal to acquire 100 percent of Integral Associates, Nevada’s top cannabis company. The move marks a major expansion for the Chicago and Vancouver-based GTI. Integral will bring onboard its operational capacity, distribution and, crucially, its significant retail footprint in Nevada. The total value of the transaction is approximately $290 million. $52 million will go to Integrated Associates in cash along with 20.8 million Subordinate Voting Shares of GTI.

Wed
14
Nov

Michigan colleges will continue to ban marijuana on campuses

Marijuana will continue to be banned at several colleges and universities in Michigan, despite the passage of Proposal 1 that legalized recreational cannabis in the state.

The initiative succeeded at the polls in last week’s midterm election with more than 55 percent of the vote.

 

No Sparking Up For Spartans

Administrators at Michigan State University sent a letter to the campus community on Monday informing students and staff that the results of the election would not change the university’s policy on cannabis.

Wed
14
Nov

10 cannabis executives predict how AG Jeff Sessions' retirement will affect the marijuana industry

When Attorney General Jeff Sessions tendered his resignation on November 7th, the cannabis industry took notice. As one of the most vocal marijuana opponents in the highest level of U.S. government, his resignation could pave the way for federal legalization.

With Matthew Whitaker set to take Sessions’ place, the industry could be poised for significant change in the near future. How do cannabis industry insiders feel about this news? Will it be as groundbreaking as many hope? Here are insights and predictions from 10 cannabis and hemp industry executives to provide some perspective.

Tue
13
Nov

Seattle company gets Washington’s first cannabis research license

The state of Washington is about to hand out its very first cannabis research license. This new license allows companies to grow and process cannabis purely for research purposes.

Verda Bio, a Seattle-based pharmaceutical company, told me they successfully received their research license and will soon be growing cannabis in their SoDo facility. The LCB confirmed that after a fee was processed the research license would be issued.

Tue
13
Nov

The cannabis cocktail trend is pretty much gone in Los Angeles

Long before adult-use cannabis consumption became legal in California on January 1, CBD cocktails were incredibly popular throughout Los Angeles. But a recent look shows that these cocktails have almost disappeared from the LA landscape, while Southern California health departments and restaurants determine how to manage shifts in the policy landscape.

Tue
13
Nov

How losing pro-marijuana Republicans in congress could affect legalization

Last Tuesday, Democrats retook control of the House of Representatives, a development that many marijuana advocates celebrated, writes Joseph Misulonas. But now some are wondering if losing pro-cannabis Republicans may actually hurt the cause.

Tue
13
Nov

'Cannabis law' is a budding industry for Michigan attorneys

With the passage of Proposal 1 in last Tuesday's midterm election, Michigan attorneys are gearing up for an influx of people interested in the business side of the budding marijuana industry.

The doors seem to have swung wide open for marijuana businesses in Michigan. The excitement is there. But is the legal advice?

Cities across Michigan soon will have to develop local regulations and tax codes for marijuana businesses. All of this forthcoming motion into a new, highly sought-after industry also means attorneys will be weeding through hundreds of calls from new, potential clients who are looking to navigate the legal landscape of it all.

Tue
13
Nov

New study on medical cannabis for pets 'will hopefully contribute to legalization everywhere'

One of the hottest topics in cannabis culture today is letting pets use pot, writes Sara Ritchie. As more people are looking for more natural treatments for their healthcare, many pet owners are hearing about the potential benefits that cannabis offers and wondering if it can be applicable for their furry friends.

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