California Cannabis Industry Problems Causing ‘Epidemic’ of Layoffs

How is it possible that California’s burgeoning cannabis industry is suddenly foundering, resulting in massive layoffs? Voters in the state legalized recreational marijuana in 2016, although it was just in 2018 that rec sales finally started. While the intention might have been to institute a profitable, licensed and legal marketplace, the reality is that lawmakers […]

California Suspends Hundreds Of Cannabis Business Permits

In a focused effort to eradicate unlicensed and non-compliant entities operating in the recreational marijuana industry, California regulators made a bold statement, suspending 394 cannabis business permits for retailers, distributors, delivery services, and microbusinesses. According to a report from the Associated Press, that’s about five percent of the state’s legal cannabis supply chain, gone — […]

Michigan’s Potential $1.7 Billion Recreational Cannabis Market Launches Tomorrow

Michigan’s adult-use marijuana sales were anticipated to kick off in the spring of 2020, but that timeline has been fast-tracked. The state’s recreational cannabis program is ready to roll December 1 with close to twelve stores available for consumers. Despite the schedule adjustment, the dawn of legal, recreational cannabis in Michigan will be limited at […]

Inventors File Patent Application For Scratch-And-Sniff Marijuana Packaging

Children of the ’80s, rejoice. Scratch-and-sniff pot packaging could be a real thing in dispensaries very, very soon. In early October, an application for a cannabis container that complies with state regulations while also indicating the content was published by the U.S. Patent and Trademark Office. The inventors, who are from Washington state, came up […]

Former Anti-Marijuana Congressman Joins Cannabis Company Board

In an about-face that has some scratching their heads, Former Indiana Congressman, Rep. Steve Buyer (R-IN), a longtime opponent of marijuana legalization (medical and recreational), has officially cashed in on the legal cannabis industry. In mid-October, FSD Pharma, a Canadian company, announced that Buyer joined its board of directors. FSD, through its subsidiary FV Pharma, […]

Marijuana Legalization Could Create 100,000 New Jobs In Florida

If Florida can get recreational marijuana legal in 2020, then that state is geared up and poised for the rise of marijuana industry employment unlike any other. The only thing standing in the way? Recreational legalization. Are you ready, Florida? According to a report from New Frontier Data, a market research firm, recreational cannabis production […]

Gifting Cannabis To The Terminally Ill Now Tax-Exempt in California

It’s official — California Governor Gavin Newsom signed a bill that makes medical marijuana donations tax-exempt to terminally ill individuals in the state. Thanks to the Brownie Mary and Dennis Peron Act, aka Senate Bill 34, which emerged during the beginning of California’s legal adult-use market, starting March 1, 2020, state analysts estimate that up […]

Canada Legalizes Production And Sale Of Edibles, Extracts And Topicals

It’s cannabis legalization, otherwise known as ‘Cannabis 2.0’. Exactly one year after the legal adult-use marijuana marketplace opened for business, Canada legalized the production and sale of edibles, extracts and topicals effective October 17. Canadian cannabis companies have been busy preparing for this moment. While Health Canada revealed the final regulations for these types of […]