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New Jersey Cannabis Workers Unionize, Four More Big Companies Are Negotiating Contracts
Wednesday, July 13, 2022 - 3:52pm | 883Four major cannabis companies are negotiating contracts to unionize their workforce in New Jersey to bring the total to a half dozen multi-state operators, according to the head of UFCW - Local 360. Since recreational marijuana sales launched statewide this past April, two of eight major...
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EXCLUSIVE: Ayr Wellness To Open Another Rec Cannabis Dispensary In Greater Boston Area
Tuesday, July 12, 2022 - 6:53am | 393Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) is opening a new store in Watertown, its second retail location selling recreational marijuana in the Greater Boston area. The company will launch sales on Tuesday, July 12. Located at 48 North Beacon Street, Watertown, Massachusetts, the store...
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Medical Marijuana Purchases In New Jersey Are Now Tax-Free, Here's Why
Monday, July 11, 2022 - 12:22pm | 338Starting July 1, purchases of cannabis via New Jersey's Medicinal Cannabis Program are tax-free, as a result of a three-phase process enacted in 2019 when provisions to eliminate the tax were signed by Gov. Phil Murphy. Now after years of paying higher than average prices for medical...
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Why Higher Prices Aren't Always A Bad Thing: This Analyst Explains The Canadian Cannabis Flower Market
Friday, July 8, 2022 - 12:37pm | 579Cannabis flower prices seem to be inversely proportional to their sales, at least according to data provided by Seattle-based Headset which tracks six recreational cannabis markets, including California, Colorado, Michigan, Nevada, Oregon and Washington state. Marijuana flower sales increased from...
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Cannabis Reg. Update: Veterans Employed In Marijuana Industry Eligible For Home Loan Benefits, Oklahomans To Vote On Legalization This Fall & More
Thursday, July 7, 2022 - 3:28pm | 658Oklahoma Advocates Turn Over Signatures, Statewide Vote On Legal Marijuana This Fall Oklahomans might finally get to decide on marijuana legalization this fall as advocates have turned in over 164,000 signatures to the Secretary of State’s Office to place the initiative on the November...
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Arizona Lawmakers Will Vote On Bill To Protect Medical Marijuana Consumers, Here's What's In It
Friday, June 17, 2022 - 9:52am | 394A bill advancing through the Arizona legislature will ensure that cannabis customers are getting what they paid for, reported Phoenix New Times. House Bill 2050 would require the Department of Health Services to collaborate with an outside laboratory to check whether medical and recreational...
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Cannabis Reg. Update: MN Gov.'s Bill Allows Small Amounts Of THC In Food & Drinks, Cannabis Legalization By End Of Summer & More
Monday, June 6, 2022 - 5:53pm | 1537Morocco’s Agency To Regulate Medicinal Cannabis Holds First Meeting The upper house of Morocco's parliament approved a bill to legalize the cultivation and commercialization of cannabis for medicinal and industrial uses last year. Now, the country’s regulatory body which will...
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Cannabis Reg. Update: Virginia Lawmakers 'Come Up' With New Cannabis Crime, Detroit Awards First Rec Marijuana Licenses & More
Tuesday, May 31, 2022 - 10:46am | 1245New Marijuana Crime To End Up In Virginia’s Spending Plan It seems that lawmakers in Virginia are seeking a way to criminalize cannabis consumers. According to the proposition which came with a recently revealed two-year state budget, possession of over 4 ounces of cannabis in public would be...
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Analyst Says New Jersey Rec Marijuana Market Holds High Potential Despite Slow Start, Here's Why
Friday, May 27, 2022 - 9:00am | 680New Jerseyans spent $24 million on weed during the first month of recreational sales, roughly $5 million a week after a record-breaking first day when $2 million worth of cannabis was purchased. Cantor Fitzgerald’s analyst Pablo Zuanic said in his recent note that New Jersey saw a...
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How Much Did New Jersey Cannabis Consumers Spend On Weed During First Month Of Legal Sales? A Lot
Wednesday, May 25, 2022 - 1:17pm | 507New Jersey kicked off long-awaited recreational cannabis sales on April 21. Now that a month has passed, state regulators revealed that consumers have bought $24 million worth of cannabis, or roughly $5 million a week after a record-breaking first day when $2 million was spent. At a...
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ICYMI: When David Crosby Talked Exploratory Weed Brand, CBD As A Painkiller With Benzinga
Friday, May 13, 2022 - 2:19pm | 705This story was originally published in September 2018. As perhaps the world’s most identifiable hippie, David Crosby says his face belongs on a package of pot. The 77-year-old singer-songwriter is pursuing a cannabis licensing opportunity under the working name “Mighty Croz....
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Here's How Much Illinoisans Spent On Cannabis In April, Weed Sales Steady After February Rebound
Monday, May 9, 2022 - 10:03am | 332After a rough start with cannabis sales plunging 15% to $117.3 million in January, the Illinois marijuana market has rebounded in February and March and is now on track to hit yet another record. In April, recreational cannabis sales totaled $131.8 million, representing a 0.6%...
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New Hampshire Senate Rejects Two House-Passed Bills To Legalize Cannabis
Friday, April 29, 2022 - 1:52pm | 363New Hampshire lawmakers have struck down two House-passed bills that would have legalized marijuana on Thursday, reported Marijuana Moment. Senate members rejected the noncommercial legislation from Rep. Carol McGuire (R) in a 9-15 vote following a heated discussion on an amendment that would...
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NY Cannabis Official Says Legal Weed Should Hit Shelves By Fall, Here's Who Will Sell It First
Wednesday, April 27, 2022 - 10:31am | 739Earlier this month, New York Governor Kathy Hochul announced that the New York Cannabis Control Board had approved 52 adult-use Cannabis Conditional Cultivator Licenses across the state. These are the first adult-use cannabis licenses granted. The move allowed New York's hemp growers to...
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These Two New Jersey Mayors Say No Way To Off-Duty Cops Getting High, Here's Why
Monday, April 25, 2022 - 1:16pm | 757Adult-use cannabis sales went into effect in New Jersey last Thursday, 17 months, riddled with a series of setbacks, after New Jerseyans voted to legalize it. Like other weed enthusiasts, police officers are also welcome to buy and consume recreational marijuana in one of...