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2024 U.S. Cannabis Sales Projected To Exceed $31 Billion

Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast from a firm specializing in cannabis and hemp business consulting, data, and economic research.  The projection from Portland, Oregon-based Whitney Economics estimates that legal sales of medical marijuana and adult-use cannabis will total $31.4

2024-03-26T10:16:10+00:00March 26th, 2024|Cannabis, Feed|Comments Off on 2024 U.S. Cannabis Sales Projected To Exceed $31 Billion

Former Mayor, Assemblyman Opens New Jersey Dispensary

Former Medford, New Jersey mayor and former New Jersey General Assemblyman Scott Rudder is opening a dispensary in Riverside in his home state. Riverside, a suburb in the greater Philadelphia-Camden area, is a prime location for growth in the cannabis sector. Rudder, who is Republican, founded the New Jersey CannaBusiness Association in 2016, a leading

2024-03-25T10:16:11+00:00March 25th, 2024|Cannabis, Feed|Comments Off on Former Mayor, Assemblyman Opens New Jersey Dispensary

False Dosage Labels on 96% of Tested Amazon Hemp Products, Many With No Hemp or CBD

In the midst of blossoming cannabis and CBD reform throughout the West, hemp-derived cannabinoid products are increasingly taking center stage as legislators continue to raise red flags surrounding the lack of regulation and intoxicating potential of these products. Just in the past several months, a number of states have moved to introduce new policies to

2024-03-25T10:16:11+00:00March 25th, 2024|Cannabis, Feed|Comments Off on False Dosage Labels on 96% of Tested Amazon Hemp Products, Many With No Hemp or CBD

Germany Approves Cannabis Reform Plan: Possession Legal April 1

The German government last week adopted a bill to end the prohibition of cannabis for adults that will make possession and home cultivation of weed legal in Europe’s most populous nation as of April 1. The legislation, which also allows for the establishment of cannabis clubs, was given final approval on Friday in the Bundesrat,

2024-03-25T10:16:12+00:00March 25th, 2024|Cannabis, Feed|Comments Off on Germany Approves Cannabis Reform Plan: Possession Legal April 1

SoCal City, Costa Mesa, Officials Consider Sweeping New Rules for Dispensaries

In an “hours-long discussion,” the officials on a Costa Mesa panel considered various ways of amending the city’s laws governing legal cannabis shops. Those laws “have engendered complaints from neighbors and proprietors alike,” according to the Los Angeles Times, which said that Tuesday’s meeting “ended with a flurry of motions from City Council members that,

2024-03-22T10:16:11+00:00March 22nd, 2024|Cannabis, Feed|Comments Off on SoCal City, Costa Mesa, Officials Consider Sweeping New Rules for Dispensaries

State Attorneys General Ask Congress To Regulate Intoxicating Hemp Products

Nearly two dozen attorneys general from across the country wrote a letter to congressional leaders this week, urging them to enact legislation to federally regulate intoxicating hemp products. In the letter, the top law enforcement official from 21 states wrote that the legalization of hemp with the 2018 Farm Bill has resulted in “the proliferation

2024-03-22T10:16:12+00:00March 22nd, 2024|Cannabis, Feed|Comments Off on State Attorneys General Ask Congress To Regulate Intoxicating Hemp Products

Report Reveals Europe’s Cannabis and Cocaine Capitals, Dutch Cities Reign Supreme

A new report reveals the cities in Europe with the highest concentrations of cannabis and cocaine use, based on sewage surveys. Perhaps unsurprisingly, Dutch cities including Amsterdam and Rotterdam took home some of the top spots for the cities with the highest concentrations of cocaine and cannabis use, respectively, and ranked high in several other

2024-03-21T10:16:12+00:00March 21st, 2024|Cannabis, Feed|Comments Off on Report Reveals Europe’s Cannabis and Cocaine Capitals, Dutch Cities Reign Supreme

Reported THC Potency For Cali Weed Drops After New Rules Take Effect

The median reported potency of regulated weed in California has been steadily dropping over the past six months, according to a report from Bay Area news source SFGate. The drop in potency, which includes a decline of 7% in just the past three months, coincides with the recent implementation of new state regulations governing how

2024-03-21T10:16:12+00:00March 21st, 2024|Cannabis, Feed|Comments Off on Reported THC Potency For Cali Weed Drops After New Rules Take Effect

First Black Woman-Owned Dispensary Opens in Manhattan

Bliss + Lex is a Black woman-owned cannabis dispensary in Manhattan and its team says it’s the first dispensary of its kind to do so in a March 20 announcement. Licensed adult-use cannabis businesses are beginning to appear in New York City as they compete with unlicensed businesses.  “This is a once-in-a-lifetime opportunity to pull

2024-03-21T10:16:13+00:00March 21st, 2024|Cannabis, Feed|Comments Off on First Black Woman-Owned Dispensary Opens in Manhattan

Elon Musk Says He’s ‘Almost Always’ Sober During Late-Night Posting Sessions

Elon Musk says that he benefits from the use of ketamine –– and investors should be pleased that he takes it –– but when he posts late at night on the social media platform he owns, he insists that he is rarely under the influence. The Tesla CEO made all of those comments during a well-publicized

2024-03-20T10:16:14+00:00March 20th, 2024|Cannabis, Feed|Comments Off on Elon Musk Says He’s ‘Almost Always’ Sober During Late-Night Posting Sessions
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