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New York’s legal pot program starts to bloom with agency appointments

New York’s legal pot program starts to bloom with agency appointments

by InfluencER | Sep 2, 2021 | Sales and Operations

New York’s recreational pot program is no longer a buzzkill. The state Senate confirmed two long-overdue appointments to the agency that will regulate pot sales in the state during a special session ordered by Gov. Kathy Hochul to fast-track the program Wednesday....
Nearly 900 New Mexicans are applying to grow recreational cannabis

Nearly 900 New Mexicans are applying to grow recreational cannabis

by InfluencER | Sep 1, 2021 | Sales and Operations

Indy White is with Purlife, an Albuquerque-based medical marijuana dispensary now gearing up to serve the recreational market. “What we’re trying to do is be able to grow on a larger scale to be able to serve more of New Mexicans, not just the medical cannabis...
Arizona Brings In $21 Million In Marijuana Tax Revenue For July, With Recreational Sales Catching Up To Medical

Arizona Brings In $21 Million In Marijuana Tax Revenue For July, With Recreational Sales Catching Up To Medical

by InfluencER | Aug 27, 2021 | Sales and Operations

Arizona brought in about $21 million in medical and adult-use marijuana tax revenue in July, state officials reported on a new webpage that enables people to more easily track how the industry is evolving. Medical cannabis taxes were slightly higher at $5,485,102 last...
Feds Finance Research into Use of Hemp as Ecofriendly Insulation

Feds Finance Research into Use of Hemp as Ecofriendly Insulation

by InfluencER | Aug 27, 2021 | Sales and Operations

The U.S. Department of Energy (“DOE”) is funding a project to develop hemp fiber insulation, which in comparison to traditional preparations, is said to be better for both public health as well as the environment. In addition to awarding almost $200,000 to facilitate...
INDIVA Granted Exclusive Rights to DeepCell™ Industries’ Products in Canada

INDIVA Granted Exclusive Rights to DeepCell™ Industries’ Products in Canada

by InfluencER | Aug 27, 2021 | Sales and Operations

DeepCell commercializes products by licensing its technology and trademarks to licensees with appropriate cannabis production and distribution licenses. Exclusive License Pursuant to the license agreement (the “License”), INDIVA acquires exclusive rights in Canada to...
Current Trends in Banking for Cannabis-Related Businesses

Current Trends in Banking for Cannabis-Related Businesses

by InfluencER | Aug 26, 2021 | Sales and Operations

Cannabis is still federally illegal and is included on Schedule 1 of the Controlled Substances Act (CSA), along with such other substances as heroin, fentanyl, and methamphetamines.1 It is a federal crime to grow, possess or sell cannabis. Despite being federally...
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