recreational marijuana Archives - Page 7 of 132 - Cannabis Business Executive - Cannabis and Marijuana industry news

President Biden Needs Cannabis To Win In 2024. Here’s Why.

January 25, 2024
AggregatedNews
Federal
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A recent poll found positive impressions of President Biden improve by double-digits if he reschedules cannabis. The youth rejoiced when President Biden pushed through hard-fought financial aid in the form an additional $5 billion in student loan forgiveness. This move will offer relief…

N.Y. cannabis board abruptly cancels meeting on homegrown rules, new licenses

January 25, 2024
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New York
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The state Cannabis Control Board abruptly canceled its January meeting late Tuesday, less than 17 hours before it was scheduled to consider proposed homegrown regulations and a slew of retail license applications that have been backlogged due to litigation and…

NYC will soon let you grow marijuana at home. Here are the proposed rules.

January 24, 2024
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New York
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New Yorkers could legally get high off their own supply within a few months. The state's Cannabis Control Board will consider rules on Wednesday that would allow residents to grow their own weed at home. The board will vote on…

Arizona tried adding equity into marijuana licensing. Dispensary chains still took over

January 22, 2024
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Arizona
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Would-be partners have offered Abel Ochoa "crazy amounts of money" for the social equity marijuana license he and his cousin own. "I had somebody offer me $17 million," he said, laughing. "If I would've just took the money, like yeah,…

Missouri

Missouri legislators push back on adding marijuana to workers’ compensation law

January 19, 2024
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Missouri
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If Missouri employees ask for workers’ compensation after an on-the-job injury, employers can require them to take a drug test for marijuana. If they test positive — even if they hadn’t consumed marijuana for days — their compensation and death…

Missouri

Missouri courts request $3.7 million to continue arduous marijuana expungement process

January 18, 2024
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Missouri
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Missouri circuit courts have cleared more than 100,000 marijuana charges from people’s criminal records so far — a mandate that was a big selling point for those who voted to pass the constitutional amendment that legalized recreational marijuana in 2022. However, court…

Recalls increase for tainted marijuana in Colorado, as the industry calls for a study

January 17, 2024
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Colorado
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There’s so much mold and fungus in the world that scientists believe people probably breathe a little in everyday. But Colorado still doesn’t want it in cannabis. Last year, there was a sharp increase in health and safety advisories from…

Hochul proposes repeal of NY’s marijuana ‘potency tax’

January 16, 2024
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New York
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Gov. Kathy Hochul’s executive budget released Tuesday proposes repealing a state “potency tax” on marijuana products that industry stakeholders said has deterred legal retail sales and driven more consumers to buy their products from unlicensed vendors. Hochul’s proposal, which follows…

Can Mike Tyson Become a Heavyweight in the New York Marijuana Industry?

On a recent weekend, fans of Mike Tyson, one of the greatest boxers ever, lined up by the hundreds at dispensaries in New York for a chance to meet him and to support his latest business move: selling weed in…

Bipartisan bill would decriminalize marijuana possession under 14 grams in Wisconsin

January 15, 2024
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Wisconsin
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A group of bipartisan lawmakers has introduced a bill to decriminalize possession of marijuana in Wisconsin. The legislation was introduced by State Rep. Shae Sortwell, R-Two Rivers, Rep. Sylvia Ortiz-Velez, D-Milwaukee, and Rep. Dave Consadine, D-Baraboo. It would create a standard $100 fine…

High times for Illinois pot industry as annual recreational sales top $1.6 billion

January 11, 2024
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Illinois
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Illinois pot shops sold more than $1.6 billion worth of recreational marijuana in 2023, the latest record year for the state’s budding industry. That’s a 5% increase from licensed adult-use cannabis sales in 2022, according to figures released Thursday by the Illinois…

Thailand moves to ban recreational cannabis use, 18 months after historic decriminalization

January 10, 2024
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Thailand
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Thailand’s new government is moving ahead to pass new legisalation banning cannabis for recreational use in a major reversal 18 months after the country became the first in Asia to decriminalize the plant. The relaxed laws saw a lucrative cannabis industry catering…

Ohio House leaves marijuana users in limbo with weed policy

January 9, 2024
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Ohio
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Ohio House lawmakers are puff, puff passing on dealing with marijuana policy until February, leaving marijuana enthusiasts in limbo. Ohio’s new recreational marijuana law is now in effect, allowing adults 21 years of age and older to smoke. Under the…

College applications rose in states that legalized recreational marijuana

Colleges in states where recreational marijuana became legal over the past decade saw a significant but short-term boost in applications from top-notch students. They also got more applications overall. Those were the key findings of a new study our team published recently…

Missouri

Nearly half of Missouri social-equity marijuana license applicants were from out of state

More than 40% of the owners listed on applications for state’s social-equity marijuana licenses issued in October were from outside Missouri, according to an annual report released by the Division of Cannabis Regulation Wednesday. About half of those owners came from California,…