Production
Pharma
Dispensaries
Investors
Sales and Operations
Consumer
Events and Networking
Politics and Law
Production
Pharma
Dispensaries
Investors
Sales and Operations
Consumer
Events and Networking
Politics and Law
Featured Articles
Illinois: New Lawsuit alleges ‘cartel’ colludes to keep cannabis prices high in Illinois.
New Lawsuit alleges ‘cartel’ colludes to keep cannabis prices high in Illinois. Industry members say there’s no evidence for the allegations. Companies named are Green Thumb Industries Verano Holdings Surterra Holdings (now Parallel) Akerna Reports the Chicago Tribune...
German Government Has ‘Set The Bar So High’ For Adult-Use Cannabis Market They’ll Be ‘Like A Student Cramming For An Exam’ In Order To Achieve Goals
Since Germany’s ‘traffic light coalition’ was voted in late last year, bringing with it the promise of a recreational cannabis market in Europe’s largest economy, a new wave of investment has flooded into the sector. While the excitement surrounding the opportunity is...
American Marijuana Consumers See Investment Opportunities in European Cannabis Sector
According to a survey conducted by Bloomwell Group, a medical cannabis holding company, consumers of marijuana in the United States believe that the widely anticipated legalization of recreational cannabis in Germany will create great opportunities for investment,...
How CBD biomanufacturing could make Europe change and win the cannabis game
In this special guest post Kevin Chen, Co-founder & CEO, Hyasynth Bio, a precision fermentation startup producing sustainable cannabinoids, and Benjamin Joffe, Partner at SOSV make the case for European CBD biomanufacturing By now, many have heard about...
New Mexico’s cannabis sales doubled on 4/20
The numbers are in and New Mexico saw a huge jump in marijuana sales on Wednesday. That’s because 4/20 is a day dedicated to celebrating cannabis. It was the first on the day that celebrated all of their key products, cannabis dispensaries won big.“It’s an amazing...
Top Senate Democrat Says Marijuana Banking Reform Is A Priority At 4/20 Credit Union Event As State Officials Push For Fixes
The third-highest-ranking Senate Democrat visited a credit union on the unofficial marijuana holiday 4/20 on Wednesday, reiterating her support for passing a bipartisan cannabis banking reform bill and explaining how she’ll fight to get the policy change enacted...
Featured Articles
Following Five Years of Medical Cannabis, Germany is Poised to be the Adult-Use Capital of Europe
Germany celebrated the fifth anniversary of medical cannabis legalization. It has been an eventful five years with plenty of challenges and limitations to navigate, overcome and learn from. During the five-year run, Germany’s medical cannabis market has experienced falling prices, consolidation and a supply that has at times failed to meet the population’s growing demand within the first two years of its rollout. However, many are optimistic that the planned legalization of adult-use cannabis in Germany will be the cure-all and bring new growth and investment opportunities to the market. With Germany poised to be the largest adult-use cannabis market globally and the adult-use market likely to come online by 2024, it’s crucial that the updated program be set up for success. That means relying on the expertise of the select leading companies that have efficiently navigated through and scaled their businesses in the current challenging market. With the global cannabis market predicted to reach more than $61 Billion USD in 2026, according to BDSA’s Briefing on Legal Cannabis Forecast, now is the time for Germany to create the most progressive adult-use program to date and finally take the reigns of the global industry.
Cannabis Business Executive – Cannabis and Marijuana industry news, 03/15/2022 08:26:00
Budget deal is latest sign of Democrats’ empty weed promises
Fourteen months after taking control of the federal government, they’ve done nothing to loosen federal marijuana restrictions. On the brink of gaining control in Washington, Sen. Chuck Schumer said emphatically in 2020 that “I am going to do EVERYTHING I can to end the federal prohibition on marijuana” if Democrats took back the Senate. But 14 months since winning, Senate Democrats haven’t even succeeded at changing the little things. This week offered the most dramatic example yet of Democrats’ inability to make any progress on their cannabis promises: The new government spending package released on Wednesday continues to prohibit Washington, D.C. from establishing a cannabis marketplace, more than seven years after District voters overwhelmingly backed legalization. That wasn’t the only weed provision left on the cutting room floor. The spending bill also failed to protect state-regulated recreational cannabis markets, nor did it expand medical marijuana research or protect veterans who use cannabis — two issues with widespread bipartisan backing. “I’m very frustrated and really disappointed,” said Rep. Lou Correa (D-Calif.), a champion of cannabis policy changes.
Cannabis Business Executive – Cannabis and Marijuana industry news, 03/13/2022 21:34:00
Georgia tries to find way out of medical marijuana impasse
They’ve found no relief, despite a state law passed three years ago that authorized six companies to sell cannabis oil to doctor-approved patients. Georgia legislators are trying to break the bureaucratic deadlock of their own creation, with protests and legal threats by losing companies preventing license awards to the six winning companies. “It’s definitely disheartening. We’ve been fighting years for this, and we still don’t have anything we can go into the store and buy,” said Wages, whose 18-year-old daughter, Sydney, suffers from Dravet syndrome, a rare form of epilepsy. “It’s just gotten to the point where we need to move forward with this thing.” The Georgia House may vote Tuesday on bills that could end the stalemate and issue licenses this summer. Two proposals, Senate Bill 609 and House Bill 1453, would give the go-ahead to finalize licenses for the six companies chosen last year, despite ongoing protests from 16 companies who say the selection process was inherently flawed and unfair. Another measure, House Bill 1400, would get around the dispute by granting licenses to all 22 companies that either won tentative awards or protested.
Cannabis Business Executive – Cannabis and Marijuana industry news, 03/14/2022 14:42:00
Proposal to protect workers from getting fired for off-the-job marijuana use advances with Illinois lawmakers
A proposal to prohibit firing workers for trace amounts of marijuana in their systems moved closer to passage when the Illinois House of Representatives approved the measure earlier this month — but employers remain very leery about it. The chief sponsor, state Rep. Bob Morgan, a Democrat from the Chicago suburb of Deerfield and an attorney who does cannabis consulting, said the change would let people, especially medical cannabis users, use a legal product on their own time “and not fear losing their job.” But employers fear the change will only lead to more fights in court over who qualifies and how the law is applied. The House voted 61-41 to pass the bill, largely along partisan lines, with Democrats in favor and Republicans opposed.
Mmp News Author, Medical Marijuana Program Connection, 03/15/2022 07:55:00
Michigan Colleges Poised To Lead Marijuana Education In America If DEA Agrees
Michigan’s Marijuana Regulatory Agency (MRA) recently created a new license type that allows universities to purchase or produce their own cannabis for educational purposes. However, since cannabis is still federally illegal, and universities often depend on accepting federal funding, they’re hesitant to implement courses, degrees or certificates focused on marijuana. MRA director Andrew Brisbo told MLive he’s been thinking about how the state agency can contribute to cannabis education. The license allows schools to procure, grow, process, and study cannabis products but needs to be approved by the DEA. Brisbo said the MRA is working with the federal agency on the potential registration of post-secondary schools as long as there is an underlying state license. Brisbo explained that if that were the case, cannabis programs would allow students to touch plants, engage with products that are actually available in the market, and contribute to positioning Michigan as a leader in cannabis education. “The reason academic institutions lean that way is to avoid some federal pushback related mostly to financial aid,” said Benjamin Southwell, assistant professor of Bio-Analytical Chemistry and Superior Analytics Manager at Lake Superior State University.
Mmp News Author, Medical Marijuana Program Connection, 03/14/2022 22:23:00
Bipartisan Majorities In Maryland Support Marijuana Legalization, Far Outpacing Biden’s Approval In New Poll
As marijuana legalization legislation advances in Maryland, a new poll shows that there’s majority support for the reform among adults, including most Republicans. And support for legalization far outpaces President Joe Biden’s job performance approval rating in the state. The survey from Goucher College, which was released on Monday, found that 62 percent of Maryland residents back cannabis legalization. That includes 65 percent of Democrats, 65 percent of independents, and 54 percent of Republicans. Gov. Larry Hogan (R) enjoys popularity in the state, with a 65 percent approval rating. But Biden’s job performance approval sits at just 48 percent, with only a major of Democrats saying he’s doing an effective job. In other words, support for marijuana legalization is 14 percentage points higher than support for the president. The poll involved interviews with 635 Maryland adults from March 1-6. The margin of error of was +/-3.9 percentage points. There are at least five competing cannabis reform bills in play this session in the Maryland legislature.
Kyle Jaeger, Marijuana Moment, 03/14/2022 11:39:00
Join Our Mailing List
Older Posts
Ohio Lawmakers File New Marijuana Legalization Bill On 4/20 That Mirrors Ballot Initiative Activists Are Pursuing
A pair of Ohio Democratic lawmakers on Wednesday filed a bill to legalize marijuana that directly mirrors a proposed initiative that activists are pursuing. If the legislature fails to act by next month, advocates can collect additional signatures to put the measure...
Limited Wisconsin Medical Marijuana Bills Gets 4/20 Senate Hearing
For the Wisconsin Legislature, getting to the point where a conversation about legalizing cannabis could be had in committee has been challenging. It’s a first step legislator finally took Wednesday, April 20, an annual day of celebration for cannabis activists. The...
D.C. Bill To Provide Workplace Protections For Marijuana Consumers Gets Initial Approval By Council
Washington, D.C. lawmakers on Tuesday advanced a bill to ban most workplaces from firing or otherwise punishing employees for marijuana use, setting the measure up for final passage early next month. Councilmember Trayon White (D) is sponsoring the legislation, which...
Fintech Partnership Will Offer Lending and Financial Services to Cannabis Operators
Bespoke Financial, the first Fintech lender in the country providing debt financing to cannabis companies, today announced its strategic partnership with PayQwick, the cannabis industry’s most comprehensive treasury and financial services platform. The partnership...
Why New Jersey isn’t starting legal marijuana sales on 4/20
When the New Jersey Cannabis Regulatory Commission announced the start date for recreational marijuana sales in the Garden State last week, you could almost hear the collective frustrated sigh of thousands of cannabis consumers: Why not 4/20? So close, yet so far. New...
Minnesota Hemp License Applications to Close April 30
Minnesota growers or processors looking to cultivate hemp for the 2022 growing season must apply for a license through the Minnesota Department of Agriculture (MDA) by April 30. In addition to the application, first-time applicants must undergo a background check and...
All Categories
Production
Pharma
Events and Networking
Dispensaries
Politics and Law
Sales and Operations
Investors
View all categories
The Indica Perspective
Always the latest news you need.
Indica News brings you all the latest information from the cannabis world. Sign up today for the latest news.
Indica News
(833) 769-9333
info@indica.news
Monday - Friday: 8:00 AM - 5:00 PM
Quicklinks
Follow Us
Indica News
(833) 450-9333
info@indica.news
Monday - Friday: 8:00 AM - 5:00 PM
Follow Us
Quicklinks
Indica News
(833) 450-9333
info@indica.news
Monday - Friday: 8:00 AM - 5:00 PM