On Feb. 6, a lawsuit was filed in the U.S. District Court in Georgia by resident Hannah Ledbetter against 12 cannabis companies. The claim alleges that all of the companies mentioned have sold cannabis products as delta hemp products instead of cannabis products and is asking for a total of […]
business
As we celebrate Black History Month this February, the ever-crucial issue of social equity—programs promoting equitable ownership among marginalized groups—within the legal cannabis industry has taken on an even greater significance, as the wheels of economic justice still too often turn against those who need it the most. For example, […]
The saga continues for four Massachusetts-based business owners who filed a lawsuit against the U.S. Justice Department in an attempt to overturn cannabis prohibition. The plaintiffs include owners of Canna Provisions, Inc., Gyasi Sellers, Wiseacre Farm, Inc., and Verano Holdings Corp., who are represented by David Boies and Josh Schiller […]
I’ve been freelancing for over a decade now. While it feels like a long time, it equally feels like a blur of events, achievements, and tons of busy days. In 2011, I started covering films, then moved into electronic music. In 2017, I parlayed my years-long love of getting high […]
New data from the Cannabis Regulatory Agency (CRA) in Michigan revealed that the state collected more than $3.6 billion in adult-use sales last year. Compared to the $2.3 billion in sales collected in Michigan in 2022, the most recent sales data shows 30% growth. According to Crain’s Detroit, that amount […]
Two Tasmanian hemp business owners are founders and operators of the island state’s hemp processing operations. Andi Lucas of the hemp processing facility X-Hemp and Tim Crow of Hemp Harvests proudly embrace the benefits of hemp, but in a recent interview with ABC News, both of them expressed the need […]
Maine’s regulated adult-use cannabis industry generated more than $200 million in sales last year, an increase of 36% over 2022, according to information from the state Office of Cannabis Policy. But cannabis business owners who feel that Maine’s cannabis market is becoming oversaturated say that the numbers obscure the challenges […]
Hemp growers and retailers in Tennessee say that newly proposed regulations threaten the viability of businesses in the industry and vow to challenge the rules before they go into effect, according to media reports. In April, the Tennessee General Assembly passed legislation to regulate and tax hemp products grown, manufactured […]
A new report projects that the global recreational marijuana market will nearly double over the next four years, with legal sales of adult-use cannabis climbing to almost $50 billion per year by 2027. The report, from U.K.-based cannabis data, media and tech company Prohibition Partners, credits global momentum in cannabis […]
A recent paper published in PNAS Nexus provides an in-depth review of the effects of the War on Drugs on people of color, the disproportionate ownership of cannabis businesses in today’s industry and how this affects cannabis research data, and recommendations to achieve inclusivity and improve representation. Entitled “Effects of […]
Sales of cannabis in Arizona have exceeded $1 billion this year, according to data from the state Department of Revenue. Total marijuana sales eclipsed the billion-dollar mark in September, marking the third straight year the state’s weed sales have reached the seven-digit milestone. So far this year, Arizona’s sales of […]
The popularity of CBD and other hemp-derived compounds continues to surge in terms of sales. A new report predicts that the CBD market is poised to surpass $36 billion dollars by 2033. According to market.us, the global Cannabidiol Market Size was valued at $7.6 billion in 2023 and is predicted […]