The Secure and Fair Enforcement Banking Act, also known as the SAFE Banking Act, passed the House earlier in September by a vote of 321 to 103. This is one step closer to allowing the cannabis industry, which is legal in some states but illegal federally, access to banking and financial services — a big […]
read moreThe deluge of bad press surrounding vape products has hurt cannabis vape sales, which in 2018 was the fastest-growing segment of the marijuana industry. Shares of vaping products in California, Colorado, Nevada and Washington in the recreational marijuana markets have dropped considerably after the first vape-related death was reported in August — the recent nationwide […]
read moreBecause cannabis is still a federally illegal substance that drives the sale and distribution of illicit products, the head of the National Cannabis Industry Association (NCIA) called out Congress to act, and to do it quickly: Legalize cannabis and regulate the industry in order to deal with vaping-related industries. The group said the end result […]
read moreRegulators in more than six states are taking a cautious approach while the industry and public health officials work to identify the root cause of recent health problems associated with vaping, and THC vape cartridge sales are starting to take a hit. As the epidemic continues to grow, it’s assumed that regulatory backlash will follow. […]
read moreFinding a brand and a voice is difficult and time-consuming for most new businesses, but for an industry emerging from the shadows, it can be even more tedious. Throw in a bunch of regulatory stipulations, ever-changing industry norms and a bunch of so-called “experts” into the mix, and the advertising side of the cannabis equation […]
read moreIn a move intended to undercut California’s huge illegal cannabis industry, Weedmaps is the latest online cannabis dispensary directory to remove information on unlicensed shops from its website. According to a CTV News report, on August 21 Weedmaps announced that it will not allow illicit businesses to advertise on its platform. Weedmaps, a popular website […]
read moreBusiness is booming in the cannabis industry, and there is a potential to make a hefty profit as the industry continues to grow. Over half of the United States has legalized cannabis medically or recreationally, but the process can seem daunting at times, with laws and regulations at the state and local levels adding to […]
read moreStereotypes might lead one to believe that the world of cannabis is all about testosterone and men. Priscilla Vilchis turns that assumption on its head, as she has quickly become a major player in the cannabis industry. Vilchis is the owner and CEO of Premium Produce, a recreational and medical cultivation and processing company. Premium […]
read moreIn Washington State’s legal cannabis market, software glitches due to a botched software update with the massive database Leaf Data Systems in July cost businesses hundreds of thousands of dollars in lost revenue. The issues prevented businesses from transporting their products and meant some businesses had to furlough workers. The vendor, MJ Freeway, the maker […]
read moreFlorida has watched from the sidelines for years as other states such as Colorado, Oregon, and California legalized recreational marijuana. Numerous groups are clamoring for legalization recreationally, and simultaneously, the Florida laws that created a vertically integrated business model for distributing medical marijuana were rejected by Florida’s 1st District Court of Appeal. With Florida in […]
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