Tag: US
Michigan Cannabis Sales Grow By 160 Per Cent Year Over Year For Month Of February
Medical cannabis sales totalled more than US$38 million while recreational sales accounted for US$67 million. The shortest month of the year proved to be a fruitful one for cannabis sales in the state of Michigan. New data released from the Michigan Marijuana Regulatory Agency (MRA) shows that cannabis sales topped US$105 million in February, a 160 per cent year-over-year increase. – Read the entire article at The London Free Press.
“Lung Damaging Agent” Approved By Health Canada
CANNABIS CULTURE – Previously stockpiled by the US military, chloropicrin was used as a chemical weapon with effects similar to tear gas. Minimal exposure has been associated with acute eye irritation, coughing, and severe gastrointestinal effects, such as extreme nausea, colic, and diarrhea. Health Canada’s Pesticide Management Regulatory Agency (PMRA) has added chloropicrin to the list of pesticides permitted to be used in outdoor cannabis farms. As a soil fumigant, it is cheaper and…
Super-Majority of Poll Respondents Vote to Expunge Cannabis Convictions
CANNABIS CULTURE – In a recent survey of over 7000 Washington citizens performed and published by YouGov.com, 70% of respondents supported expunging non-violent cannabis convictions. The details of the survey were released this week. This poll was taken from a socially diverse group of US citizens in Washington, and the results clearly showed an overwhelming number in agreement with the proposal to eliminate the criminal records of incarcerated individuals involving cannabis-related offences, with only 17%…
Cannabis Industry Aims To Build On Thanksgiving Rush
Cannabis sales in the US hit record levels over the Thanksgiving weekend, prompting industry predictions the combination of Covid-19 anxiety and a trend towards legalisation has triggered a permanent uplift in demand. After years of sluggish official sales, buying soared in early March and April when lockdowns began and consumers, fearing supply disruptions, stockpiled the drug. Though many expected the initial surge to fade, monthly sales have kept hitting records. One of the top cannabis…
CBD Use in the Military, Sports, and UFC sports
CBD products are typically used to relieve pain or help with anxiety, depression, and sleep disorders. Although CBD benefits are impressive, CBD use still causes controversy among different societies. While CBD consumption is federally legal in the US (if the product contains less than 0.3% THC), some states have proposed restrictions on buyers. People still doubt if active-duty military personnel, athletes, and UFC fighters should be allowed to use CBD as pain relievers or relaxants.…
Richard DeLisi, Longest-Serving Pot inmate in US, to Get Early Freedom
Richard DeLisi was sentenced to 90 years in Polk County court. The man described as the longest-serving inmate for marijuana crimes in the country will be out of a South Florida prison before Christmas. Richard DeLisi, sentenced to 90 years by a Polk County judge after his conviction in 1989, will be released in December, 18 months ahead of his scheduled departure, The Last Prisoner Project announced Monday in a news release. The nonprofit, which…
These States Are Voting On Cannabis Legalization This November
In 2016, the US election resulted in a green wave as cannabis legalization measures passed in eight out of nine states. Now, the industry and its supporters are hoping for another big win in November. This year, voters in five states will decide whether to adopt either new medical or recreational cannabis laws — or, perhaps, both in the case of one state. As it stands now, 33 states have legalized medical cannabis, and of…
Method Man Launches Cannabis Venture to Support Black Business
Method Man, the actor and rapper known for his work with Wu-Tang Clan, is launching a cannabis business that aims to bring more black ownership to the industry. Tical, named after his 1994 solo debut album, will start selling marijuana to four black-owned dispensaries as soon as this weekend, said spokesman Neal Kwatra. The company, whose name stands for “Taking Into Consideration All Lives,” has raised US$300,000 with New York-based JLS Fund for its initial…
Using Cannabis While Pregnant Does Not Impair Children’s Cognition, Decades Of Studies Suggest
Across the US, children and their parents routinely face separation and other forms of punishment due to legal and medical policies around prenatal cannabis exposure, and the notion that cannabis use during pregnancy may harm children’s development. But according to a review of research to date, there’s no evidence to support this belief about cannabis, nor the inarguably harmful policies which rely on it. After nearly six years of comparing study results, researchers at Columbia…
Cannabis Companies Are Seeing a Quarantine-Fueled Edibles Boom
Sundries to stock in one’s cupboard during the coronavirus pandemic: canned tuna, honey, rice, and weed gummies. Cannabis sales skyrocketed in the days leading up to stay-at-home orders to stem the spread of the coronavirus in the US. Now, cannabis analysts have found that an unusually high proportion of those sales can be attributed to edibles. Recently, concentrates such as dabs and vaporizers been the fastest-rising stars, fueling much of the cannabis industry’s growth, but…
Oaksterdam University: The Cannabis College, Explained
In 2019, legal cannabis firms generated $15 billion in sales and employed 340,00 people, while 13,000 — 18,000 cannabis businesses operate in the US every day. By 2025, cannabis research firm New Frontier Data predicts that legal cannabis sales will reach $23 billion. Given the industry’s upward trajectory and current market environment, weed is going to need a lot of workers. Fortunately, cannabis universities are out there, ready to train students from the career-oriented to…
Cannabis Bankruptcies Start to Roll in as Pandemic Halts Financing
The weakest companies are succumbing and even relatively healthy firms are showing signs of strain. The cannabis bankruptcy filings are starting to roll in. Already plagued by a tough regulatory environment, disappointing sales and capital markets that had closed to all but the strongest companies, the industry is now facing a pandemic-related collapse in stock markets and ever-shrinking financing options. Pot companies completed two capital raises worth just US$5.6 million the week ended March 27,…
Jay-Z Shares Statement Following Legalization Of Cannabis In New York
April 4, 2021
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Governor Andrew CuomoNew YorkersUS