Marijuana businesses operating legally in Michigan have some relief in store for them beginning October this year. Marijuana Regulatory Agency (MRA) which regulates the sales of medical and recreational marijuana announced the transition to a multi-tier, fee-based system. The new system proposes a fee based on the company size. This step is expected to bring…
Cronos Group Inc. had an increase in their fourth-quarter income which was bolstered by the legalization of cannabis last year, but according to analysts, the Toronto based company missed its estimates and has returned with a quarterly net loss. Though the licensed cannabis producer has its revenue multiplied to almost $5.6 million in the…
With the CBS network rejecting an ad showcasing the benefits of medical marijuana, the stigma of cannabis, especially in the federal circles has been brought to light. Acreage Holdings, a company associated with manufacture, processing, and selling of medical cannabis had produced a 60-second ad to be broadcasted during the upcoming Superbowl event. The ad…
A recently opened CBD store ran into trouble with the authorities after their products were found to contain a controlled substance. Shelby County investigators have issued a clear notice to the public after arresting Harry Autry, the owner of The CBD Store on Highway 280. “CBD in the state of Alabama is illegal”, stated Captain…
The following post originally appeared on NJHerald.com LOS ANGELES (AP) — California’s legal pot economy was supposed to operate under the umbrella of a vast computerized system to track marijuana from seed to storefronts, ensuring that plants are followed throughout the supply chain and don’t drift into the black market. But recreational cannabis sales began…
The following post originally appeared on CNBC. January 1 saw the official legalization of recreational marijuana in California, and with it a potential huge boost to an industry that one research company estimated could be worth $6 billion by 2021. And those living in and around Los Angeles should get set for trucks driving around the…