With Democrats in Control, Investors Are High on Cannabis
For Kim Rivers, chief executive officer of Florida-based Trulieve Cannabis Corp., the beginning of the year is usually busy with strategy reviews or fielding calls about the state of the nascent industry. But almost overnight on Jan. 6, as Democrats cemented
North Coast cannabis sector bright economic spot in pandemic, poised for strong 2021
While most local businesses struggled last year amid the coronavirus pandemic, the North Coast’s legal cannabis industry grew. Consumers clamored for cannabis-infused gummies and sparkling water, along with an array of smokable buds and pre-rolled joints, to help them cope with
Cannabis Retailers Under Duress: The Problem And The Solution
By Beau R Whitney, Whitney Economics. Even though there are record revenues and record state tax receipts, cannabis retailers are struggling. IRS Section 280e puts a heavy burden of additional federal business taxes on cannabis retail businesses. The greatest share of
Chuck Schumer Says Marijuana Reform Bills Are Being Merged As Congress Moves To Legalize
Senate Majority Leader Chuck Schumer (D-NY) says lawmakers are in the process of merging various marijuana bills, including his own legalization legislation, as the chamber works to enact reform this session. In an interview on Wednesday night with former NBA player
The House passed the MORE Act. Is weed legal now?
The MORE Act would federally legalize cannabis and enact social justice measures to repair some of the damage done by the War on Drugs (miralex/iStock) The House passed the MORE Act. Is weed legal now? Nope! Legalization is like Beetlejuice—you gotta say its
Nearly 60 Los Angeles cannabis businesses poised to lose licenses on New Year’s Day
At least 57 licensed cannabis companies in Los Angeles are poised to see their business permits yanked by city authorities at the end of the year – with no obvious way to get the licenses reinstated. The licensees in question –
Legal Marijuana States Have 50% Less Health Insurance Applicants Than Non-Legal Cannabis States
How Medicaid Could Have Saved $1.01 Billion Over the last few years, the cannabis industry has seen rapid growth in states to authorize the use of cannabis, whether for recreational or medical purposes. But despite this, the states run extremely limited
The Biggest Threat to Growing Marijuana in California Used to Be the Law. Now, it’s Climate Change
Valerie Leveroni Corral spent days after lightning set the Santa Cruz Mountains on fire not knowing if a cannabis crop her organization grows for the sick and dying had survived. The one-acre crop sits on the site of a former Boy Scout
Marijuana legalization successes pave way for national conversation on drug laws: Experts
A majority of voters in five states, both red and blue, passed ballot measures that legalized marijuana on Election Day. This show of support at the polls will put more pressure on other states and the federal government to update its drug policies,
California Allows Regional Designation for Cannabis Marketing
Under a new California law, cannabis brands grown in the “sun and soil” of a city or county can be labeled with a regional designation, the Sacramento Bee reports. The law allows products to carry an “appellation of origin” label similar to