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 – …
Continue reading “U.S. pot sellers stash cash as banks leave them high and dry”
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.https://www.forbes.com/sites/irisdorbian/2021/06/18/legal-cannabis-market-projected-to-rack-up-43-billion-by-2025-says-new-study/
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 …
Continue reading “JOE EXOTIC LAUNCHING HIS OWN CANNABIS LINE … Straight from the Joint!!!”
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. https://www.nbcnews.com/news/us-news/inside-one-woman-s-effort-normalize-marijuana-homes-get-equity-n1261553
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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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 …
Continue reading “A Black Woman’s Mission To Make Washington D.C. The Capital Of Cannabis”
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. https://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
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 …
Continue reading “Washington State allows for free marijuana with Covid-19 vaccine.”
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. https://www.benzinga.com/markets/cannabis/21/06/21443704/exclusive-jamaicas-bob-marley-museum-will-soon-sell-cannabis#.YL7DgH3KwQM.twitter
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. https://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
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