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Cannabis Economics

hemp

California Governor’s Proposal to Ban Hemp Products Has Failed

A recently proposed amendment from California Gov. Gavin Newsom, that would have placed a ban on hemp products, appears dead for the session after a Senate committee didn’t call the bill for a vote.
vape

New California Law Institutes Vape Disposal and Labeling Mandates

July 1 marked the implementation of California’s Assembly Bill 2440, mandating all THC oil, vape pens and batteries be disposed of at a hazardous waste collection facility or other approved businesses.
big alcohol

Cannabis Businesses Selling Out to Big Alcohol

With many small cannabis businesses struggling to survive in an ever-changing industry, the expenses continue to add up and can ultimately drag the company under. But is it wise for the cannabis industry and community to sell their businesses to these large corporations?
marijuana rescheduling

The Marijuana Rescheduling Comment Period Has Closed

The DEA's public comment period for marijuana rescheduling has finally come to a close, which garnered an impressive 42,000 comments.
cannabis

Illinois Hits $1 Billion in Cannabis Retail Sales

IL Governor JB Pritzker announced that the state reached $1 billion in cannabis retail sales on July 1, 2024. This includes more than $850...
marijuana

Maryland Marijuana Sales Reach $1.1 Billion

After launching the adult-use cannabis market in July of last year, licensed retailers in Maryland have sold more than $1.1 billion worth of legal...
hemp

New Hemp Amendment Puts Cannabis Industry at Risk

Due to marijuana’s illegality at the federal level, politicians nationwide are invariably drafting different legislations to try and bring some structure to the industry....
marijuana rescheduling

Delaware’s Medical Marijuana Program Receives Upgrade

After Delaware Gov. John Carney (D) signed a bill back in May to significantly expand the state's medical cannabis program, the new law has...
north carolina

North Carolina Senate Passes Bill To Legalize Medical Marijuana

The North Carolina Senate has approved a bill that would legalize medical marijuana, as stated in Marijuana Moment. Bipartisan senators agreed to attach the...
marijuana

The Biden Administration Officially Moving to Reschedule Marijuana

President Joe Biden has announced that his administration is officially moving to reschedule marijuana under federal law, applauding the "monumental" action that follows an extensive...

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