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Many legal cannabis suppliers and retailers are being forced to operate in a cash-intensive market due to federal laws that limit access to traditional banking. And this is particularly concerning for the legal cannabis market that’s expanding to $12 billion in sales this year, with projections to reach $30 billion in four years.
Spain’s cannabis market is a diverse mix of Spanish and foreign-owned companies selling everything from seeds, fertilizer and grow lamps to hemp-infused beers and CBD tinctures, oils, and creams. But in an email correspondence conducted as research for this article, EFSA denies issuing any statement in relation to CBD in Spain.
If the bill becomes a law, then the sale, purchase, possession, and cultivation of cannabis will become regulated and legal. Additionally, the state will be able to bank on around $49.5 Wyoming just introduced legislation that could bring a legal cannabis industry to the predominantly conservative state. . The Potential of HB0209.
The article also highlights Hemp, Inc. a publicly traded company he founded to help create a better world,” the article reports. “Mr. To read the Microcap Daily article, click here. To read the Microcap Daily article, click here. 26 with approximately 10,000 hemp seeds planted in a single day.
This article is the first in a series called, “So you want to start a canna biz?” created in partnership with Good Tree Capital. The first topic we’ll cover is how to start a cannabis business, including tips on location, cost, and long-term success in cannabis. The real opportunity lies in both physical location and local enthusiasm.
The company is “f ounded on principles of quality, integrity and client education, we are leading the charge towards CBD accessibility and affordability for the masses. If you wish to re-publish this story please do so with following accreditation. AUTHOR: Glenn Johnson. PUBLISHER: CANNABIS LAW REPORT. .
We rarely see informed and investigative articles either from the Florida press or law firms so we’re very pleased indeed to have Heather onboard to guide us through the complexities of what’s happening in the state. CLR is pleased to announce we have a new correspondent reporting regularly from the front lines in Florida.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Kevin Hart, CEO and Founder of Green Check Verified , a leading provider of cannabis banking solutions and expert advisory services for financial institutions. They were actually on their third point of sale at that point in time. Kevin Hart: Thanks, Ed.
Article by Patrick J. Cummins : In North America many cannabis companies are being listed on the Canadian Stock Exchange because other North American stock exchanges restrict access if cannabis operations take place in the United States, where cannabis is still illegal federally. Last Updated: July 3 2019. Blaney McMurtry LLP.
This article is the sixth in a series called, “So you want to start a canna biz?” This article highlights different areas you can begin with cannabis investments and should not be considered investment advice. Editor’s note: The information in this article is only for educational purposes, based on the expertise of Good Tree Capital.
Today marks the second Earth Day for the adult-use cannabis market in Illinois. The industry is in a position of influence to help us all understand what it takes to be mindful about balancing costs for consumers with conservation and sustainability priorities. It seems as though the environment and the economy are always pitted against each other.
Marine fog casts a gray haze and fills the air with palpable moisture on the coastal bluff overlooking the vast blue expanse of the Pacific Ocean. Adequately dense, but not rock hard, the nugs are pale green with orange hairs and, while its appearance does showcase a bit of frostiness from the trichomes, it’s not incredibly sticky to the touch.
For more details about each technology sector included in the report, check out my four-part series: Back Office Sector. Activity Sector. Transactional Sector. Advisory Sector. Press the Play button below to listen to the podcast. ? Follow the Link to Listen to Previous Episodes of the Cannacurio Podcast. Cannacurio Podcast Episode 19 Transcript.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
Marijuana companies face mounting pressure from advocates, consumers and regulators to address the lack of diversity within the cannabis industry. In response, some companies have launched their own programs aimed at providing women and people of color with more opportunities to succeed in the space. New York Gov. Social Equity Funds.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
And even within that narrow scope, access is tightly limited: only eight DEA-registered bulk manufacturers are allowed to participate. hemp operators also face limited access to foreign markets. market access, lower regulatory costs, and better tax and banking treatment. Beyond lost market access, the U.S.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. I spent 25 years in community banking and I loved it. Welcome, Tony. Ed Keating: Yeah.
And while product sales this year remain brisk—with states like Michigan and Illinois reaching billion-dollar industry valuations—questions remain about the true viability of legislative change and the ability of legal providers to compete with legacy markets. Banking Still a Wild Card . Growth Persists Despite Legal Uncertainty.
And while product sales this year remain brisk—with states like Michigan and Illinois reaching billion-dollar industry valuations—questions remain about the true viability of legislative change and the ability of legal providers to compete with legacy markets. Banking Still a Wild Card . Growth Persists Despite Legal Uncertainty.
If you read any of the news articles previewing the 2025 session, you wont see cannabis as a legislative priority. Its a regular session in 2025, meaning were in for a longer stretch — a 160-day calendar, versus the 35-day affair we see in even-numbered years. Most likely, you wont see it mentioned at all. Just a clarification needed.
And while product sales this year remain brisk—with states like Michigan and Illinois reaching billion-dollar industry valuations—questions remain about the true viability of legislative change and the ability of legal providers to compete with legacy markets. Banking Still a Wild Card . Growth Persists Despite Legal Uncertainty.
This article reviews cannabis laws in effect in Southern states, cannabis laws that will go into effect in the future, and examines states that haven’t passed legislation legalizing cannabis. Hunter Robinson. Whitt Steineker. Slates Veazey. Existing Cannabis Regimes. Cannabis is not new to the South. It is unique in many respects.
Ringo said he would sell his seeds for as little as $5.). They sat in a circle at a house in the hills a few hours north of San Francisco — where wine country becomes weed country — to discuss the therapeutic potential of CBD, and how to get people to take it seriously. And with this group, finally, it seemed to be coming together.
of Tax and Fee Administration [“CDTFA”] is the administrative agency for business entities that are subject both to Sales Tax, and to Cannabis Cultivation TAX [“CCT”] and Cannabis Excise Tax [“CET”]. The predecessor to CDTFA, the Board of Equalization [“BOE”] was the agency that administered Sales Tax before CCT and CET.
A timeline of Florida’s battle for solid medical cannabis ground has been outlined in depth throughout my previous articles. . This summer brought daily cannabis-related news and the hits just keep on coming. 1, 2017, to 159,107 as of Dec. The number of dispensaries has risen from 24 to 78 in the past year.
They write… As the global COVID-19 pandemic drags on around the world, the damaging effects to mental health are becoming more and more apparent. With a 25% increase in suicide rates in young adults and over 50% of all adults reporting some type of mental health issue (depression, anxiety, stress, etc.), Source: [link].
As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. Selinger cites software, point-of-sale systems, and packaging as areas that are thriving in the state.
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