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Indica news
Will impact investors be the ones to profit from the coming marijuana boom?
Social impact investing is about making ethical investments that, aside from bringing a return on cash invested, have the added effect of improving social conditions, infrastructure, or quality of life. As Colorado and other states move forward with their legalization...
American Cannabis Consumers Eye Opportunities Presented By Legal Marijuana In Germany
Germany’s impending legalization of recreational marijuana offers attractive new opportunities for travel, trade, and investment, according to a recent survey of American cannabis consumers. The survey from medical marijuana holding company Bloomwell Group found that...
Democrats face tough climb on winning Senate approval of legal marijuana
Senate Majority Leader Charles Schumer (D-N.Y.) is facing significant obstacles in his legislative push to legalize marijuana, with resistance from Republicans and members of his own party threatening chances of passage in the upper chamber. Schumer has said that his...
Huge increases seen in patients, purchases in Louisiana’s medical marijuana program
Medical marijuana is rapidly gaining popularity in Louisiana. More patients joined the program than ever before in the first three months of this year, which coincided with the more popular smokable flower products becoming legal on Jan. 1. And the number of...
Maryland Governor Lets Bill To Implement Marijuana Legalization Take Effect Without His Signature
Maryland’s Republican governor announced on Friday that he won’t stand in the way of implementing marijuana legalization if voters approve the reform on the November ballot. Gov. Larry Hogan (R) included the cannabis legislation in a list of bills he is not signing or...
Delaware Marijuana Legalization Effort Revived With Two-Track Approach Following House Defeat
The fight to legalize marijuana in Delaware this year isn’t over yet, with the sponsor of a reform bill that was defeated in the House last month introducing two new, complementary measures to enact the policy change. And importantly, this new legislative push seems...
States Collected More Than $3.7 Billion In Recreational Marijuana Tax Revenue In 2021, Report Finds
States that have legalized marijuana for adult use collectively generated more than $3.7 billion in tax revenue from recreational cannabis sales in 2021, a report from the Marijuana Policy Project (MPP) that was released on Wednesday found. That’s a 34 percent...
When Will Democrats Get Serious About Repealing Pot Prohibition?
When Republicans who oppose federal marijuana prohibition vote against your legalization bill, you probably are doing something wrong. That is what happened last week when the House of Representatives approved the Marijuana Opportunity Reinvestment and Expungement...
Agrify and Greenlight Cannabis Announce Partnership To Accelerate Vertical Farming Unit Adoption
Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation and extraction solutions for the cannabis industry, today announced that it has signed an agreement (“the Agreement”) with Greenlight Cannabis...
State of Mississippi Selects Tyler Technologies Licensing Solution for New Medical Marijuana Program
Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed a five-year agreement with the state of Mississippi for Tyler’s NIC Licensing Solution (NLS), the government licensing platform designed specifically for the cannabis industry. The comprehensive...
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