Marijuana
Half of likely Colorado voters would support a statewide measure to decriminalize possession of psilocybin mushrooms and establish a system of legal cultivation and sales of the psychedelic fungus, according to a recent poll that was shared with Marijuana Moment. And with that finding, activists are feeling emboldened to mount a campaign to put the ..
Cannabis
Worldwide legal cannabis industry revenue is forecast to grow another 38% to $20.4 billion in 2020, and sales are forecast to reach $46.8 billion in 2025, growing at a 21.2% CAGR 2019-2025.In 2019, U.S. legal cannabis spending increased 36.5% to $12.4 billion. The report addresses several key features of the U.S. market that will support ..
Marijuana
Half of likely Colorado voters would support a statewide measure to decriminalize possession of psilocybin mushrooms and establish a system of legal cultivation and sales of the psychedelic fungus, according to a recent poll that was shared with Marijuana Moment. And with that finding, activists are feeling emboldened to mount a campaign to put the ..
Cannabis
The Israeli company is the first to join the exclusive team of international companies awarded the prestigious certification from a European agency, which opens the doors to Europe for Israeli medical cannabis growers as well.Panaxia (TASE: PNAX), expects to begin sales of its brands in Germany, the largest European cannabis market, and in Denmark later ..
Marijuana
Protests across the United States over the treatment of black Americans have prompted calls for companies to address racial inequities and increase diversity. The cannabis industry has a long way to go, as evidenced by a recent study of Denver’s marijuana market. But Illinois-based Cresco Labs took a step this week by appointing ..
Cannabis
Narith Panh has long advocated for the use of cannabis as part of a healthy, holistic lifestyle.When he was just 22 years old, Panh was diagnosed with a bulging disc, which caused him to suffer chronic back pain that made him rely on prescription pills and other remedies with unwanted side effects. With two options—undergo ..
Marijuana
Half of likely Colorado voters would support a statewide measure to decriminalize possession of psilocybin mushrooms and establish a system of legal cultivation and sales of the psychedelic fungus, according to a recent poll that was shared with Marijuana Moment. And with that finding, activists are feeling emboldened to mount a campaign to put the ..
Cannabis
The Swiss Federal Supreme Court ruled in favor of three plaintiffs that cannabis is not a substitute for tobacco and therefore is not taxable under the Tobacco Tax Act. As a consequence, there will be approximately $34.5 million (CHF 33 million) in tax refunds for cannabis producers in Switzerland. This would include interest on remuneration.While ..
Marijuana
The California state cannabis excise tax won’t go up in July as it did in January. The state Department of Tax and Fee Administration (CDTFA) made that announcement in a little-noticed news release in May. Per state law, the agency is required every six months to recalculate the markup rate upon which the state’s 15% ..
Cannabis
Here’s a little bit of background about Matt and his recently published book. Simply put, he talks a lot of sense about the industry and how far it has to go. Having earned an MBA from the #1 MBA-Finance program in the country (University of Chicago), a BS-Accountancy from the perennial #1 undergraduate accounting program in ..
Marijuana
Rapper and actor Method Man said he’s launching a new marijuana business specifically aimed at boosting other black-owned cannabis companies. According to Bloomberg News, the business – dubbed Tical, short for Taking Into Consideration All Lives, also the name of Method Man’s first solo album – will soon begin selling marijuana products to black-owned retailers ..
Cannabis
Narith Panh has long advocated for the use of cannabis as part of a healthy, holistic lifestyle.When he was just 22 years old, Panh was diagnosed with a bulging disc, which caused him to suffer chronic back pain that made him rely on prescription pills and other remedies with unwanted side effects. With two options—undergo ..
