California is approaching the six month anniversary of enacting legal adult-use cannabis sales, and Golden State regulators are already raking in millions of dollars in local and state taxes. Tucked away in the dense public forests of California’s northern counties, …
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MedMen Is Latest U.S. Canna-Business to Go Public on Canadian Stock Market
Federal prohibition makes it extremely difficult for a U.S. pot company to expand to other canna-legal states, but moving to a country where cannabis is completely legal is a different prospect altogether. The company raised $110 million for a reverse …
Read More »Florida Court Reverses Ban on Smokable Medical Marijuana
The court case argued that the initial law only prohibited cannabis smoking in public, and that by trying to extend the ban to private smoking, lawmakers were attempting to overrule the wishes of the state’s voters. Judge Gievers promised a …
Read More »Legal Weed Sales in New York State Could Exceed $3 Billion Annually
A new report by New York City Comptroller Scott Stringer has estimated that legal cannabis could bring the state $436 million a year in tax revenue. The report also predicts that the adult-use cannabis market could hit $3.1 billion annually, …
Read More »Florida Man Found Dead After Vape Pen Explosion
A portable vaporizer exploded in the hand of a Florida man this month, in what has been described as the first fatality directly caused by the increasingly-popular devices. When he was found by first responders, D’Elia had severe burns on …
Read More »The UK Is the Largest Cannabis Exporter in the World, According to UN Report
The UK produced 95 tons of legal weed in 2016, accounting for 44.9% of the world total. The country’s total production of legal cannabis has more than doubled since 2015, when 42 tons of marijuana were produced. This fact may …
Read More »More People in Colorado Are Smoking Weed Than Ever Before, Study Says
Since Colorado opened America’s first adult-use recreational cannabis market in 2014, the Centennial State has lead the country’s burgeoning green rush with continuously climbing legal weed sales and tax revenue. On the consumer side of things, BDS researchers reported that …
Read More »DEA Pot Busts Dropped by Almost 40% in 2017
In 2017, the DEA busted over 4,000 outdoor cannabis grows and almost 1,400 indoor grows, seizing over 3 million cannabis plants. In the previous year, the agency busted around 5,500 outdoor grows and 1,900 indoor grows, destroying over 5 million …
Read More »Need To Know: NFL Passes Rule Forcing Players to Stand During National Anthem
A direct response to the kneeling, fist raising, and arm linking performed by players like Colin Kaepernick, Eric Reid, and countless others in an effort to call attention to American institutional racism and police brutality, the league has now banned …
Read More »Canadian Economists Fear That Cannabis Legalization Will Lead to Overproduction Issues
As Canada prepares to make history as the world’s largest country to legalize the possession, use, and sale of recreational adult-use cannabis, academics and experts across the Great White North are understandably looking towards their southern neighbor for examples of …
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