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Indica news
Massachusetts House Passes Bill to Promote Diversity in State’s Cannabis Industry
Massachusetts lawmakers seem poised to tackle some of the cannabis industry’s biggest woes in this legislative session. The House voted 153-2 May 18 to pass a bill that would promote greater diversity in the market, increase oversight on the host community agreements...
Proposal would shield Louisiana’s state employees who use medical marijuana
The House Committee on Labor and Industrial Relations unanimously advanced a bill Thursday that would protect Louisiana’s state employees who are legally treated with medical marijuana. House Bill 988, sponsored by Rep. Mandie Landry, D-New Orleans, protects state...
Medical marijuana product sales up 1.1% in April
Medical marijuana patients spent $24 million in April at the state’s 38 dispensaries to obtain 4,213 pounds, up from the 4,166 pounds sold in March. Hot Springs is home to two of the top five dispensaries for the amount of product sold. Sales for the first four months...
Medical Marijuana Inc Reports 78 Million in Net Revenue
Medical Marijuana, Inc, the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today its financial results for the quarter ending March 31,...
This New York State Senator just presented 2 new cannabis bills
Senator Jeremy Cooney (D-Rochester) announced Wednesday a package of two cannabis bills designed to lay the additional groundwork for the future of legalized cannabis in New York State. Senate Bill S.9217 would permit New Yorkers to cultivate cannabis in licensed...
Massachusetts Marijuana Establishments Surpass $3 Billion in Gross Sales
Aggregate data recorded in Metrc by 216 Marijuana Retailers and 11 delivery businesses operating statewide showed that on May 14, $3,001,846,490 in gross sales had been generated since the first two adult-use retail stores on the East Coast opened for business on...
State Marijuana Regulators Say Banking Fix Will Make Their Jobs Easier In Addition To Helping Businesses
As lawmakers work to advance marijuana banking reform, a coalition of cannabis regulators representing 40 U.S. states and territories are explaining to Congress just what the current lack of access to traditional financial services means—not just for the businesses...
Local Washington Lawmakers Approve Cannabis Safety Taskforce Amid Wave Of Robberies
King County Council has voted for a cannabis safety task force to aid in the prevention of crime targeting marijuana businesses. The legislation was sponsored by King County Councilmembers Reagan Dunn and Jeanne Kohl-Welles and passed by the King County Council on...
The Great Fertilizer Shortage: Russia’s Influence on Our Crops
The global supply chain was massively disturbed when the pandemic hit at the start of 2020, and the sanctions that have been imposed following Russia’s invasion of Ukraine this year are impacting the cannabis industry down to its roots. As the cost of fertilizer...
California Cannabis Farmers May Finally Get Some Relief
Residents of California often complain about high taxes, but no one pays higher taxes than the cannabis industry. In addition to the Federal 280E penalties, the cannabis industry in California is subject to a 15% state-wide excise tax, sales and use taxes that can...
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