By Rick Schettino NOV 21, 2017 In anticipation of the January 1st “green rush” bonanza of California officially adopting adult recreational use of marijuana, the California Bureau of Cannabis Control has issued 278 pages of rules and regulations governing its sale. In a November 16 release, the bureau announced its guidelines that will combine medicinal sales and recreational sales under one […]
Doctors expected that cannabis use would pose a risk for heart failure patients, but found that the opposite was true. They also found that cannabis users were less likely to die in the hospital. A research team has made the discovery that cannabis may have benefits for those suffering from heart problems. At a recent meeting of the American Heart Association’s […]
In an effort to help California’s marijuana businesses to enter the financial mainstream, California Treasurer John Chiang is calling for the state to study the idea of creating a state-run bank. This is one of several recommendations made by Chiang’s after a year of studying the matter. Chiang said he and the state attorney general’s office will start such a study soon. […]
2017 was a year of disappointment for MJ Freeway. The seed-to-sale trailblazer finds itself dealing with frequent outages and dangerous data breaches that lead to increasingly dissatisfied customers and contract cancellations. Recently, Nevada state announced that they will be parting ways with the company, only 18 months into their 5-year contract. This decision came after a period filled with controversy […]
With less than nine months left before recreational cannabis becomes legal in Canada, analysts and investors are still unclear who the big winners and losers will be Producer margins could start to shrink as provinces start to purchase pot wholesale.Trevor Hagan/Bloomberg If there’s one thing that’s still hazy in Canada’s nascent marijuana market, it’s how wide the margins are on […]
Constellation brands, which brews Corona beer, made headlines today, as it becomes the first major wine, beer and spirits company to get in on the Green Rush. Talk about getting ‘twisted.’ For the first time ever, a major player in the wine, beer and spirits industry is set to link up with the rapidly expanding cannabis market, as the […]
Weed is always on his mind. At this point, it’s hard to know if Willie Nelson is more legendary for his music or for his love of weed. In truth, it’s probably both. But over the past few years, the aging folk music icon has been capitalizing on his status as a cannabis celebrity to market and sell ‘Willie’s Reserve,’ […]
Is now the right time to invest in the Cannabis Industry? As of this year, cannabis is legal in 29 states plus the District of Columbia, and the number is rising. The Cannabis Stock Index is up 26.4% month-to-date. ~30,000 new cannabis companies have entered the space this year. There is a noticeable trend here that seems to be pointing […]
Oregon is reaping the green benefits of its legal weed industry to the tune of a cool $85 million. Having legalized marijuana in 2014, Oregon has finally begun to distribute the tax dollars that the state has collected, after a two-year wait. Wait, What Took Oregon So Long To Distribute Its Legal Cannabis Tax Revenue? The reason is that the Oregon Liquor […]
US cash-intensive cannabis businesses (420s) are looking for ways to meet customer demand while struggling under federal prohibition. Cryptocurrencies are increasing in popularity with 420s, and now Zenapay is entering the market with its own bitcoin solution. Also read: Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly Cannabis Cash The US states comprising its contiguous west, if outliers include Alaska and […]
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