According to a new study, California weed sales are expected to reach $2.68 billion by the end of the year. Sales have gone up since last year when the state made about $2 billion from legal pot. The cannabis market research firm Arcview Group found that California alone accounted for 27 percent of the 2016 legal cannabis … Continue reading “California weed sales to hit $2.68 billion by end of year”
Nevada marijuana sales hit $27M in the first month
RENO — Nevada took a gamble on recreational marijuana, and it’s paying off. Dispensaries sold $27.1 million of pot in Nevada in July alone. That’s almost double what both Colorado and Oregon sold in their first months. It’s almost seven times what Washington sold. Banking on weed, Nevada made $10.2 million off the fledgling industry … Continue reading “Nevada marijuana sales hit $27M in the first month”
Las Vegas marijuana shop can stay open 24/7 – Las Vegas Review-Journal
Source: Las Vegas is getting its first 24/7 pot shop. City code forces dispensaries to close between 3 a.m. and 6 a.m. But the City Council on Wednesday unanimously voted to let Oasis Cannabis be an always-open marijuana dispensary. Mayor Carolyn Goodman, whose son has an ownership interest in marijuana companies, abstained from the vote. … Continue reading “Las Vegas marijuana shop can stay open 24/7 – Las Vegas Review-Journal”
Michigan will allow one-stop shopping for some medical marijuana businesses
The medical marijuana industry is poised to explode with new state regulations and taxes on the dispensaries that will sell the weed. Kathleen Gray/Detroit Free Press The medical marijuana business is expected to explode next year when the state begins to hand out licenses, and rules released Thursday by the Department of Licensing and Regulatory … Continue reading “Michigan will allow one-stop shopping for some medical marijuana businesses”
Scotts Miracle-Gro to focus on North American interests like MJ – Marijuana Business Daily
Botany giant Scotts Miracle-Gro has sold off its interests in Europe and Australia with the apparent intent of focusing on the North American market, including marijuana. The company on Thursday finalized a $250 million deal in which it sold off gardening business interests in seven different countries, meaning that nearly all its revenue will now … Continue reading “Scotts Miracle-Gro to focus on North American interests like MJ – Marijuana Business Daily”
The DEA Wants To Study The Medical Benefits Of Cannabis, But The DOJ Is Stonewalling Them
Although CNN reported that a study found little evidence that marijuana helps treat chronic pain and PTSD, we beg to differ… Two studies published in the journal Annals of Internal Medicine found that there was little scientific evidence to support either the effectiveness or safety of medical marijuana. If Marijuana is Dangerous, Opioids are Nuclear If the researchers believe … Continue reading “The DEA Wants To Study The Medical Benefits Of Cannabis, But The DOJ Is Stonewalling Them”
California Finds ‘Pot of Gold’ in Pairing Wine with Weed
On a warm summer evening at a vineyard in Sonoma, California, a group of well-heeled guests gathered at a local Sonoma vineyard sipping rose, feasting on food… and smoking cannabis. The event was hosted by marijuana entrepreneurs looking to build bridges with longtime winemakers. “I think that as we see it become more socially acceptable, … Continue reading “California Finds ‘Pot of Gold’ in Pairing Wine with Weed”
Massachusetts: Confusion Remains over Local Control of Recreational Marijuana
Revised law in most instances requires voter approval on restrictions. Although legislators spent eight months revising the state’s new recreational marijuana law, confusion remains on the issue of local control. Despite recent statements by lawmakers and advocates, the law does not allow town selectmen to act unilaterally to ban retail pot businesses from their communities. … Continue reading “Massachusetts: Confusion Remains over Local Control of Recreational Marijuana”
Oakland gives weed convicts opportunity to open marijuana businesses as reparations
Convicted weed felons are getting a fresh start. As reparations for the war on drugs, a number of felons who were imprisoned for charges pertaining to marijuana will reportedly have the opportunity to open legal weed businesses in the Oakland area, the National Post reports. The Oakland city council unanimously approved its new initiative, the Equity Permit … Continue reading “Oakland gives weed convicts opportunity to open marijuana businesses as reparations”
NFL owners agree to consider letting players use medical marijuana
Tony Overman/MCT/NewscomThe National Football League is back in action this weekend—if you count preseason games as “action”—after taking a tiny step toward maybe, possibly, someday letting players use marijuana to treat pain. NFL owners agreed to work together with the NFL Players Association on a study to determine the effectiveness of marijuana as a medical … Continue reading “NFL owners agree to consider letting players use medical marijuana”