United States Cannabis Industry & Marijuana Business News – Page 26

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These four states could legalize medical marijuana through legislation in 2021

Four red states – Alabama, Kansas, Kentucky and South Carolina – could legalize medical marijuana through their legislatures this year, and, if successful, they could generate hundreds of millions of dollars in business opportunities across…

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Cannabis firm CannTrust reaches agreement to settle shareholder claims

Embattled Canadian cannabis producer CannTrust Holdings on Wednesday announced a restructuring support agreement that will pave the way for the company to settle shareholder lawsuits as it restructures. Under the agreement, shareholders’ litigati…

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NCIA: High recreational marijuana taxes in New York could hurt legal market

A marijuana industry official cautioned New York officials that recreational marijuana taxes need to be low enough to curtail illicit sales. New York Gov. Andrew Cuomo unveiled more details this week about his recreational marijuana legalization plan, …

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An elusive pathogen is damaging cannabis crops – here’s how to fight it

Over and over again, I meet cannabis growers who are not yet aware of a widespread disease that has been appearing more and more across the United States – hop latent viroid (HpLVd).
An elusive pathogen is damaging cannabis crops – here’s h…

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Massachusetts cannabis retailers sue state over delivery regulations

Marijuana retailers in Massachusetts filed a lawsuit against the state’s Cannabis Control Commission’s rules that allow only social equity applicants to deliver cannabis for the program’s first three years.
Massachusetts cannabis retailers sue state ov…

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California trade group offers marijuana banking services through credit union

The California Cannabis Industry Association (CCIA) on Tuesday unveiled a new partnership with North Bay Credit Union under which CCIA-member marijuana companies can obtain an array of financial services. According to a news release, CCIA’s rough…

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Biden health nominees have history of supporting legal marijuana

Two of President-elect Joe Biden’s top picks to head the U.S. Department of Health and Human Services have track records of defending and supporting state-legal marijuana programs, positions that could prove positive for the overall MJ industry. …

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Phytol cited as potentially dangerous cannabis vape ingredient

As cannabis vaping pens grew in popularity in late 2019, concerns grew about the safety of the products, spurred by reports of illness, and even deaths, of tobacco vape users. Vape manufacturers rushed to assure regulators and consumers their products …

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Maine recreational cannabis store faces fine over mermaid logo

A South Portland, Maine, recreational cannabis retailer has run afoul of the state’s marijuana regulator over its logo, which depicts a mermaid holding a shell. SeaWeed Co. owner Scott Howard faces a $10,000 fine over the “willful use of a …

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Insights into 20 years of organic growth, profitability at marijuana vape maker Storz & Bickel

Focus on your value proposition instead of offering the cheapest product in the category. Figure out how to grow organically using your own financial resources instead of being distracted by your competitors’ latest financing round. Those are jus…