Oakland-based cannabis brand GasHouse, run by two Black entrepreneurs, is making a name for itself in California’s burgeoning legal marijuana market. From its roots as a clandestine grow operation in suburban Atlanta, GasHouse has become one of California’s most coveted brands. The company’s signature strain Pluto has been mentioned on more than one hip-hop track, …
Category Archives: News
U.S. pot sellers stash cash as banks leave them high and dry
The U.S. cannabis business has a very big problem. Too much cash! Although marijuana can be sold legally in dozens of states, it’s still illegal on the federal level, so most banks won’t service the industry. And, with a surge in sales during the pandemic, producers, manufacturers, and retailers are all awash in cash – …
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Legal Cannabis Market Projected To Rack Up $43 Billion By 2025, Says New Study
With 10 newly legalized states set to begin retail cannabis sales in 2021 or 2022, the legal market is projected to reach $43 billion by 2025. This eye-opening finding is one of several made in a recently published new study. The projected market size seems to get bigger with every new study.http://www.forbes.com/sites/irisdorbian/2021/06/18/legal-cannabis-market-projected-to-rack-up-43-billion-by-2025-says-new-study/
JOE EXOTIC LAUNCHING HIS OWN CANNABIS LINE … Straight from the Joint!!!
You know things are getting out of hand when a convicted felon is launching his own cannabis line from behind bars in federal prison. We are talking about the former zookeeper professionally known as Joe Exotic, is currently serving 22-year prison sentence for plotting to kill someone. News reports indicate that he is directly involved …
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Inside one woman’s effort to normalize marijuana in homes and get equity ‘baked into the laws’
Shanel Lindsay first started using cannabis at 17 to treat a cyst. Now she helms a Boston company that sells the country’s first all-in-one cannabis cooker — a kitchen appliance designed to activate and prepare cannabis for baking, melting, and infusing. http://www.nbcnews.com/news/us-news/inside-one-woman-s-effort-normalize-marijuana-homes-get-equity-n1261553
Paul Pierce to launch ‘Truth’ marijuana brand in Massachusetts
Another high-profile celebrity enters the cannabis market. This time it’s Celtic great and NBA champion Paul Pierce. He’s launching a line of recreational marijuana products in Massachusetts under the “Truth” brand, in partnership with marijuana operator The Hub Craft. Pierce’s nickname will appear on various edibles, concentrates, and cannabis lotions by the end of the …
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A Black Woman’s Mission To Make Washington D.C. The Capital Of Cannabis
If you’re looking for cannabis in Washington D.C., most local residents will tell you to visit Linda Mercado Greene’s dispensary called Anacostia Organics. Along with being one of the first Black women to own a medical cannabis dispensary east of the Anacostia River, Mercado Greene is also a leading voice on the legalization of marijuana in the …
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NFL and NFLPA to Award $1M in Grants to Study Cannabinoids for Pain Management
The National Football League and its Players Association are providing $1 million in funding for research into pain management and cannabinoids -as part of their research into alternative therapies for pain. How things have changed. It was not that long ago that cannabis was banned and a taboo subject. http://www.ganjapreneur.com/nfl-and-nflpa-to-award-1m-in-grants-to-study-cannabinoids-for-pain-management/?utm_source=newsletter&utm_medium=email&utm_campaign=nfl_to_award_1m_for_cannabis_research_curaleaf_partners_with_rolling_stone_and_more&utm_term=2021-06-09
Washington State allows for free marijuana with Covid-19 vaccine.
In a program called “Joints for Jabs”, the state of Washington will allow adults to claim a free marijuana joint when they receive a Covid-19 vaccination shot – as part of the state’s strategy to vaccinate more of its population. The prerolled joint will be provided by a participating marijuana retailer and can be claimed …
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Jamaica’s Bob Marley Museum Will Soon Sell Cannabis
The Bob Marley Museum, in Kingston will soon start selling weed. How cool is that. The reggae man is probably smiling in his grave. The Marley family and Docklight Brands will open a Marley Natural-branded dispensary at the museum which was Bob Marley’s home and recording studio. http://www.benzinga.com/markets/cannabis/21/06/21443704/exclusive-jamaicas-bob-marley-museum-will-soon-sell-cannabis#.YL7DgH3KwQM.twitter
Federal Report Finds No Increase In Teen Cannabis Use After Legalization
A recent federal report showed zero signs of increased teenage cannabis use due to cannabis legalization policies. This finding directly contradicts one of the most enduring arguments for cannabis prohibition: that legalization will lead to increased cannabis use among young people. http://www.ganjapreneur.com/federal-report-finds-no-increase-in-teen-cannabis-use-after-legalization/?utm_source=newsletter&utm_medium=email&utm_campaign=feds_admit_legalization_doesnt_increase_teen_use_social_equity_applicant_sues_los_angeles_and_more&utm_term=2021-06-03
Medical Cannabis Users Are More Likely to Cut Back on Cigarettes, Study Finds
Medical cannabis users are more likely to cut back on cigarettes – according to a recent study by US and Canadian researchers/ http://merryjane.com/news/medical-cannabis-users-are-more-likely-to-cut-back-on-cigarettes-study-finds
Survey: Most Christian Religious Groups Support Cannabis Legalization
Say your prayers and pass the joint. The majority of individuals who identify as religious support broad cannabis legalization, according to a Pew Research Center survey. The poll found support for both medical and adult use by 60% of all adults, with 31% only supporting medical use, and 8% preferring cannabis to remain outlawed. http://www.ganjapreneur.com/survey-most-christian-religious-groups-support-cannabis-legalization/?utm_source=newsletter&utm_medium=email&utm_campaign=federal_cannabis_bill_reintroduced_in_us_house_survey_reveals_christian_groups_support_legalization_and_more&utm_term=2021-05-31
What Is Biden’s Beef With Cannabis?
The cannabis industry had great hopes for the Biden/Harris administration. Were those hopes misplaced? Several members of the administration have been terminated, in part, for admitting to past marijuana use. That was, of course, disappointing to many but the much bigger issue seems to be the struggle to figure out the administration’s philosophical approach to …
Amazon Now Supports Federal Cannabis Legalization
Amazon has joined the fight to legalize cannabis at the federal level. The company announced this past Monday that its public policy arm now supports a cannabis legalization bill that was reintroduced in the House late last month. Amazon also changed its drug testing policy and will no longer disqualify employees for marijuana use. http://www.forbes.com/sites/willyakowicz/2021/06/01/amazon-now-supports-federal-cannabis-legalization/?sh=391edfd334a5
Why the Pandemic Was a Breakout Moment for the Cannabis Industry
The covid-19 pandemic was a terrible disaster for just about everyone and every business. But not for cannabis; it was among a small number of industries that flourished because of huge demand. For many Americans, having enough weed in the house was as essential as stocking up on toilet paper. And, of course, there were …
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These states could still legalize recreational or medical cannabis in 2021
The legalization of marijuana has been gaining steam in recent years as state after state approved adult use in some form. And although the year is already 5 months old, pundits believe that as many as 10 additional states could legislate recreational or medical marijuana before year’s end – with the prospect of generating hundreds …
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What to expect in NYC now that weed is legal
Weed is now legal in New York. There will, of course, be smoking lounges and tons of new dispensaries now that people can have up to three ounces on their person. But what other changes and new developments can a weed lover expect? How will legalization change the culture? Here are some ideas from TimeOut. …
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Weed is still illegal in states where sex with farm animals isn’t
A new ad campaign from Monogram, Jay-Z’s weed brand, is highlighting the absurdity and hypocrisy of cannabis laws in the U.S. Consider the fact that weed is illegal in states where sex with a farm animal is not! http://www.fastcompany.com/90610156/weed-is-still-illegal-in-states-where-sex-with-farm-animals-isnt
Positive Marijuana Tests Are Up Among U.S. Workers
More workers are testing positive for marijuana according to the Wall Street Journal. Why is this even news? http://www.wsj.com/articles/positive-marijuana-tests-are-up-among-u-s-workers-11622023202
Yes, Pot Is Legal. But It’s Also in Short Supply.
Recreational weed is now legal in New York and New Jersey. And experts predict that the market for marijuana in the this densely populated region will exceed $6 billion in 5 years. That is huge! But guess what folks? There is a problem with the supply. There ain’t enough of it around for the increasingly …
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Cresco Says 1 In 4 Americans Consume Cannabis
More and more Americans are smoking weed. In fact, 25% say they have consumed cannabis in some form in the past twelve months – a whopping increase since 2018 when just 16% of U.S. adults said they did. What’s more, 23% of users say they tried cannabis for the first time over the past year. …
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Hide Your Stash In High Style With This New Cannabis Furniture Line
Need a place at home or the office to hide your stash? You’ll love Forti Goods. It’s a new company that is developing furniture exclusively for cannabis enthusiasts. They have a new line of armoires, dressers, nightstands and coffee tables — all outfitted with custom inserts and lockable drawers for your stash. http://www.forbes.com/sites/katieshapiro/2021/03/01/hide-your-stash-in-high-style-with-this-new-cannabis-furniture-line/?sh=c7f0eea1f510
Uber CEO Confirms Interest in Cannabis Delivery
Cannabis deliveries increased dramatically during the coronavirus pandemic. Like food delivery, this is obviously a service that millions of people want and are willing to pay for. The prospects are so good that even Uber is itching to get into the business. http://www.ganjapreneur.com/uber-ceo-confirms-interest-in-cannabis-delivery/
Incarcerated Patients Have A Right To Use Medical Marijuana, New Mexico Judge Rules
Even guys in the joint have the right to enjoy a joint. So says a New Mexico state judge who recently ruled that correctional facilities cannot block an incarcerated patient’s access to medical marijuana. And a state senator is ready to sue any jail that violates the ruling. How things have changed! http://www.marijuanamoment.net/incarcerated-patients-have-a-right-to-use-medical-marijuana-new-mexico-judge-rules/
Study: Seniors Report Using Cannabis Products to Mitigate Symptoms Associated with Older Age
Fifteen percent of seniors say they have used cannabis products within the past three years, primarily for therapeutic purposes, according to data from a recent study published in the Journal of the American Geriatric Society. All the study’s participants were at least 65 years of age, and 73 percent were older than 75. http://norml.org/blog/2020/10/26/study-seniors-report-using-cannabis-products-to-mitigate-symptoms-associated-with-older-age/
South Dakota State Bar Says Lawyers Cannot Serve Cannabis Industry
The State Bar of South Dakota ethics committee says that attorneys in the state may not provide legal services to cannabis industry clients. This guidance comes after voters approved both medical and adult-use cannabis legalization in the state in November. The opinion cites the South Dakota Bar Rules of Professional Conduct which directs lawyers not to “counsel …
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US Cannabis Sales Approach $18 Billion, Up 67% from 2019
Total US cannabis sales reached $17.9 billion in 2020. A whopping $7.2 billion or 67% increase over 2019. The main driver of this growth, according to Leafly, was a 25% to 40% increase in the average purchase. Covid-19 was not mentioned but it almost certainly had an impact on these numbers.
NBA Will Not Test Players For Marijuana This Season
The National Basketball Players Association and its player’s union have jointly agreed to suspend marijuana testing through the upcoming 2020-21 season. And, Michele Roberts, the executive director of the NBA players’ association, has opined that she is “absolutely confident” that by the time the league’s next Collective Bargaining Agreement is negotiated, testing for marijuana is “going to …
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Mike Tyson: I Smoked Marijuana Before Fighting Roy Jones Jr.
Is marijuana a performance enhancing drug? It may be for Mike Tyson who said that he smoked a fat joint before his recent eight round exhibition bout with Roy Jones Jr. The 54-year-old boxing legend and current cannabis entrepreneur told the press he smokes weed every day and added, “It’s just who I am!” When …
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