Barely a week in, 2018 is already proving to be the most explosive year for US cannabis yet. Adult use is legal in California on the first. Stocks rally on the second. Attorney General Jeff Sessions repeals the Cole Memo then pot-stocks tank on the fourth. Now, Congress is rallying in the name of freedom to use..
This Sunday, most of the world rang in the New Year with the regular fanfare and rigamarole. Meanwhile, the former sovereign now most populous state of California celebrated in its own special way: by re-legalizing marijuana sales. California, the world’s 6th largest economy, now offers cannabis for purchase en mase 111 years after the 1907..
Ready or not California, the world’s sixth largest economy, is going to the green side on January 1, 2018. Despite this measure being passed in November of 2016, state officials are scrambling to make sure everything runs smoothly during the first 120 days during the initial transition. The California Department of Public Health’s Manufactured..
Retail Requirements for Cannabis in Washington, Colorado, California, Alaska, and Oregon As the Wild West experiences its second gold rush, fondly referred to as the “Green Rush,” everyone is trying to get a piece of the action. For those resilient, and deep-pocketed souls who commit to doing commerce in the cannabis space, the task is..
The numbers are in and the evidence is irrefutable: taxation and regulation of recreational cannabis equal healthy gains for state funds. These numbers are borderline unbelievable – below is a snapshot by state: Alaska Since the inception of recreational cannabis in October of 2016 Alaska has welcomed over $3 Million dollars in tax revenue. Figures are expected..
September 2017 proved to be another whirlwind month in the move towards prohibition’s repeal. Almost 25% of the country either passed or shot down legislation, made progress or engaged in the democratic process with regards to cannabis usage, distribution, employment, and every tangential aspect thereof. Meanwhile, at our nation’s capital, we are watching as our elected representatives are..
Gone are the days when a lonely Potstar could sit in quiet comfort, gazing listlessly upon a sea of white cotton amidst the forever blue sky, vaporizing her selected cannabis oils on a Southwest Airlines flight from Seattle, WA to Austin, TX. This time is referred to as “The good ol’ days.” A time that..
Recent years have delivered an unmatched wave of momentum in the ongoing state-by-state repeal of cannabis prohibition and as such, consumer markets are experiencing the ripple effect. Steady GDP growth in states with some form of legalized cannabis usage signifies localized economic health in keeping with the everchanging policies that govern the markets. Specific product..