A large group of California cannabis companies have formed a coalition to raise awareness and provide solutions to mitigate a credit crisis that has threatened to upend the local marijuana industry. Dozens of cannabis brands, wholesalers and producers Tuesday launched Financial Stability for California Cannabis (FSCC) as part of an ongoing effort to confront the […]

Various levels of the Canadian government collected more than 1.5 billion Canadian dollars ($1.12 billion) in cannabis profit and tax revenue in fiscal 2021-22, according to recently released data by Statistics Canada. ADVERTISEMENT For the financial year ended in March 2022, total net income from province-owned cannabis businesses, plus total taxes and other revenue, equaled […]

Jamaican Medical Cannabis Corp. (JMCC), a Toronto- and Jamaica-based business, has acquired the EU-GMP-certified medical cannabis production facility and other assets in Malta of Materia Ventures, a European-focused supply and distribution company for cannabis and CBD products. No acquisition price was disclosed by the privately owned businesses. ADVERTISEMENT The Malta unit will be renamed JMCC […]

Adult-use marijuana legalization could become a reality in Minnesota as early as this week after state lawmakers agreed on final details in a conference committee Tuesday. Licensed adult-use sales, however, will likely have to wait until summer 2024. ADVERTISEMENT UPDATE: The marijuana bill is completed and “locked,” according to one sponsor. Conference committee has approved […]

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A Democratic senator says that she wants to see a bipartisan marijuana banking bill amended to include provisions that would allow cannabis businesses to access federal Small Business Administration (SBA) services. Sen. Jacky Rosen (D-NV) said on Tuesday that lawmakers “must fully support legally-operating cannabis small businesses, & that means giving them access to [SBA] […]

This is a wicking technique I came up with while getting frustrated with traditional wicking with my Zeus rda. As you’ll see from the pictures the wick is not going through the coil but rather underneath it. It creates a large pillow of cotton which works great and last a long time. In this particular […]

We’ve written a lot recently about how cannabis companies are falling on tough economic times in this roiling economy. When times get lean, cannabis companies need to innovate and get more competitive with services and product offerings. This is in addition to consolidation, cost cutting, and going after third parties that owe you money. One […]

A North Carolina House committee has approved a bill to create a $5 million grant program to support research into the therapeutic potential of psilocybin and MDMA and to create a Breakthrough Therapies Research Advisory Board to oversee the effort. The House Health Committee passed the legislation, filed by Rep. Edward Goodwin (R) and other bipartisan lawmakers […]

Minnesota lawmakers have finalized a marijuana legalization bill in conference committee, reaching an agreement on tax and appropriations provisions in the last of three meetings to resolve differences between cannabis reform measures that passed the House and Senate last month. The final bill will now head to floor votes in both chambers this week and, […]