News & Insights Archives - Page 9 of 318 - Cannabis Business Executive - Cannabis and Marijuana industry news

New Hampshire Flirts With State-Run Franchises

Already a medical cannabis-legal state, New Hampshire is so unsure about legalizing cannabis for adult use that it appears willing to consider a quasi-regulatory structure that no other state has seen to employ, the state-run franchise model. A clarion call…

Sweeping Cannabis/Hemp Bill Passed by CT Senate, Heads to Governor’s Desk (UPDATED)

With only a few hours to go on the last day of the 2024 legislative session, the Connecticut Senate late Wednesday passed sweeping legislation that, among other things, creates new prohibitions on the unregulated sale of cannabis products and intoxicating…

California Awards $12 Million In Local Cannabis Equity Grants To Repair Drug War Harms

By Aaron Kelley, Attorney at Harris Sliwoski California’s path to cannabis social equity: from arrests to advocacy Data from the California Department of Justice reveals that nearly half a million individuals were arrested on cannabis charges in the state between 2006 and…

C3 Industries’ Brotherly Model for MSO Success

May 7, 2024
Tom Hymes
Company Stories, News & Insights, Spotlight
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Founded in 2018, Michigan-based C3 Industries is a privately owned, vertically integrated cannabis company that has in short order expanded its retail, cultivation, and manufacturing operations from one state to five states, with a sixth on the way. The brainchild…

Why Falling THC Test Results Matter

By Aaron Pelley, Attorney at Harris Sliwoski The fluctuating levels of reported THC (tetrahydrocannabinol) in cannabis products have sparked discussions and concerns within the industry. Contrary to popular belief, the decline in tested THC levels does not necessarily indicate a…

Scientists welcome new rules on marijuana, but research will still face obstacles

May 6, 2024
AggregatedNews
Cannabis & Hemp Research, Descheduling or Rescheduling Marijuana
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As the Biden administration moves to reclassify marijuana as a less dangerous drug, scientists say the change will lift some of the restrictions on studying the drug. But the change won't lift all restrictions, they say, neither will it decrease…

Final Version of CT Bill HR 5150 Takes Shape

Following a flurry of activity that completely altered the sweeping cannabis/hemp bill currently under consideration by Connecticut’s Senate, HB 5150 was decisively approved yesterday by the full House by a margin of 130-16, with five Representatives abstaining. Now, the central…

Navigating the Complexities of Cannabis Capital

May 1, 2024
Sundie Seefried
Banking, Finance & Real Estate, Op-Ed, Opinions
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By Sundie Seefried Navigating the complexities of cannabis capital remains a daunting task for entrepreneurs amidst the rapid growth and increasing acceptance of the industry. Despite its expansion, businesses encounter significant hurdles in accessing traditional sources of capital due to…

Industry Reacts to Rescheduling News

Prepared statements from industry members started flowing into our inboxes immediately after the news broke that the Drug Enforcement Agency (DEA) will soon begin rescheduling cannabis from Schedule 1 to Schedule 3, a process that will take many months, if…

Email Marketing

How to Improve Email Marketing Results for Cannabis Businesses

By Susan Gunelius Email marketing is critical for every cannabis business since so many advertising channels are not accessible to businesses working in and with the cannabis industry. However, sending one generic sales message after another is unlikely to drive…

A CanPay Path to Payment

April 30, 2024
Tom Hymes
Banking, Finance & Real Estate, Company Stories, Processing, Spotlight
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Easy electronic payment is always the goal for any consumer-facing industry, and it is especially needed in ones where cash has been the principal form of currency for both illicit and legal sales, like cannabis. But because it is still…

As He Exits Congress, Blumenauer Wants His Party to Embrace Pot Legalization

The long-serving congressman from Portland, who has become the top marijuana advocate on Capitol Hill, believes the issue could boost President Biden’s support with young voters. As a 23-year-old serving his first term in the Oregon state legislature, Representative Earl…

Ispire Leads with a Focus on Safety and Innovation

Los Angeles-based Ispire Technologies (NASDAQ: ISPR) is a three-year-old company built on the foundation (and reputation) of a global enterprise with many years of experience as an ODM (original design manufacturer) of premium all-in-one disposable, 510 cartridge and pod system…

Sacramento is ’cannabis capital of California,’ study says. What makes it a top weed city?

Sacramento is one of the best cities in the nation for cannabis fans, according to a new study. Real Estate Witch and Leafly, an online cannabis guide and marketplace, analyzed 50 of the largest metropolitan cities in the United States…

4/20 grew from humble roots to marijuana’s high holiday

SEATTLE (AP) — Saturday marks marijuana culture’s high holiday, 4/20, when college students gather — at 4:20 p.m. — in clouds of smoke on campus quads and pot shops in legal-weed states thank their customers with discounts. This year’s edition…