The delta COVID variant has swept the nation this year—but so has another delta. We’re talking, of course, about delta-8 THC, a milder form of THC that’s closely related to the standard delta-9 or “regular” THC. Because delta-8 is generally derived from hemp, it’s unregulated—and...
It’s easy to get excited about the cannabis industry when you hear that legal cannabis sales in the U.S. grew 30 percent in 2020 to a whopping $22 billion, outpacing the $17.5 billion spent on wine. If you’re a savvy, experienced businessperson, you might mistake...
The allure of the cannabis business has cast its net long and wide over the entire nation. Some states are already seeing the revenue generated from marijuana sales reach into the billions. Still, banking within the cannabis industry remains a prickly issue. Despite a glimmer...
What has long been a major handicap to the cannabis industry may finally be coming to an end. As federal law currently stands, financial institutions in states where marijuana is still illegal cannot provide services to cannabis-related businesses. For these banks, proceeds from cannabis-related transactions...
In a move that comports with New Jersey’s recent legalization and decriminalization of marijuana, the state’s Attorney General directed law enforcement agencies to stop arrests for minor marijuana offenses and for prosecutors to immediately dismiss all such pending criminal charges. The policy change comes at...
In a move that could signal a change in the U.S. Drug Enforcement Agency’s approach, the DEA has notified marijuana grower applicants that they soon will be able to register as authorized entities to produce marijuana for research purposes. Prior to this announcement, there was...
The State of Minnesota is poised to join the ranks of the more than half of all U.S. states that have legalized the use of the marijuana flower for medical purposes. Currently, in Minnesota, medical marijuana is only legal if it is in the form...
Directly from the WSLCB Bulletin To: Licensed Cannabis Retailers From: Liquor and Cannabis Board Re: Limited Allowance for Cannabis Retailers to Provide One Joint at No Cost to Customers who Receive a COVID-19 Vaccine at In-Store Clinic Advisement: The Liquor and Cannabis Board (LCB) received multiple requests from “marijuana” (herein referred...
In 2012, voters in Washington State approved a ballot measure that made recreational cannabis legal. Since then, the legal cannabis industry has grown year after year. In certain Washington counties, cannabis purchases now outpace those of tobacco. While some are predicting that a plateau is...