A Washington State Senate committee approved a massive overhaul to a psilocybin services bill on Thursday, gutting sections that would have legalized use of the psychedelic drug by adults—and reform advocates in the state are blaming the governor for being behind the move. As originally filed last month, SB 5263 […]
The legalization of cannabis in various states across the United States has led to a significant decrease in both wholesale and retail prices of cannabis. For example, in California, the wholesale prices of cannabis have reportedly crashed by as much as 95% since the state voted to legalize cannabis in […]
The Camden Planning Board has voted to hold public hearings on proposed ordinance changes that would allow up to two retail marijuana stores in the Camden business districts and also changes dealing with construction of private piers in the outer harbor.
The Drug Enforcement Agency said delta cannabinoids, including Delta-8 and -9-THCO, are synthetically derived from hemp, and, therefore, are not considered hemp.
The Brightfield Group recently released its “U.S. Cannabis Market Forecast” on Feb. 16, which presents data of comparisons from cannabis sales in 2022, and five-year sales projections between 2023 and 2028. According to the report, the cannabis industry is poised to reach more than $31.8 billion in annual sales by […]
House Bill 1937 from Texas state Rep. Jessica González would allow counties and municipalities to legalize marijuana at the local level, with oversight by the state.
In a seismic shift away from the way nearly all major social media platforms handle cannabis ad-related content, Twitter announced it will be the first to allow cannabis-related ads based in the U.S. Twitter announced that it will allow advertisers to promote branded and informational cannabis-related content under the following […]
This is Part One where we examine the state of the market, licensing, approvals and sales. Part Two will delve into all things taxes. Stay tuned for Part Two, coming next week! On the surface, New Jersey’s new adult use cannabis program is similar to the program of its larger neighbor […]
Faced with steep competition and price drops of 75 percent, the state’s 600-plus recreational cannabis dispensaries and suppliers are seeking a sales edge beyond ubiquitous billboards. But who imagined early bird specials?