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Maryland cannabis businesses share their hopes for the industry in 2022

2021 was a big year for Maryland’s cannabis industry. The state now has roughly 150,000 patients signed up for its medical cannabis program and regulators estimated in December that industry revenue in 2021 would clear $600 million. More multi-state operators are entering the market here and adult-use recreational cannabis is expected to be a major issue in the upcoming [...]

By | January 3rd, 2022|Uncategorized|0 Comments

Low-tech storage solutions can help outdoor cannabis producers conserve water

Water isn’t getting any easier to find in parched Western U.S. states, so outdoor marijuana and hemp producers are looking for solutions that will help them get through the season. Even when the West isn’t embroiled in a record drought year, water use is often restricted for cannabis cultivators, said Julie Jacobson, CEO of Aster [...]

By | September 30th, 2021|Uncategorized|0 Comments

US House passes cannabis banking reform as part of defense legislation

The U.S. House of Representatives passed a defense budget bill Thursday night that includes landmark legislation to make it easier for banks to serve cannabis businesses, but it appears a long shot that the U.S. Senate will follow suit and approve some form of the SAFE Banking Act. The full House passed the National Defense [...]

By | September 23rd, 2021|Uncategorized|0 Comments

How marijuana companies are combatting the effects of climate change

From wildfires to drought to hurricanes, a changing climate means more extreme weather for cannabis companies up and down the supply chain. But no one is more directly impacted by these changes than marijuana growers. Depending on where a grow operation is located, the challenge that climate change presents is different. Read more via MJBizDaily

By | August 29th, 2021|Uncategorized|0 Comments

The quagmire of marijuana interstate commerce

A month has now passed since Senate Majority Leader Chuck Schumer, alongside Sens. Cory Booker and Ron Wyden, introduced a far-reaching marijuana reform bill dubbed the Cannabis Administration and Opportunity Act. The reception to the bill has been underwhelming, with both marijuana advocates and opponents lobbing criticism at the bill from all angles. Read more via MJ Biz Daily

By | August 24th, 2021|Uncategorized|0 Comments

Legalizing marijuana could stem opioid abuse, Pitt study suggests

Legalizing marijuana for recreational use could lead to fewer opioid-spurred health emergencies and overdose deaths, a University of Pittsburgh study has found. Opioid-related emergency department visits dropped by 7.6% within a year of cannabis legalization for adult residents in four states — California, Nevada, Maine and Massachusetts — according to the analysis led by Pitt’s [...]

By | July 18th, 2021|Uncategorized|0 Comments

Democratic senators move to decriminalize marijuana at the federal level

For the first time in history, some Senate Democrats on Wednesday moved to decriminalize marijuana at the federal level, proposing to the remove cannabis from the federal list of controlled substances. Senate Majority Leader Chuck Schumer, one of the leaders of the effort, promised to use his "clout" to make decriminalization a Senate priority. Read [...]

By | July 14th, 2021|Uncategorized|0 Comments

‘Joints for Jabs’: Washington state turns to marijuana giveaways to encourage residents to get vaccinated

"Joints for Jabs" is officially a thing in Washington state.  The state's Liquor and Cannabis Board said this week that it would allow state-licensed cannabis retailers to "provide one joint to adult consumers who receive COVID-19 vaccination at an in-store vaccination clinic." Read more via USAToday

By | June 8th, 2021|Uncategorized|0 Comments

University of Maryland School of Pharmacy produces medical cannabis graduates

The program launched two years ago after overcoming initial concerns about the legal status of marijuana at the federal level, and it quickly attracted dozens of professionals of all stripes who were working in the field or wanted to find a position. Read More via Capital Gazette

By | May 21st, 2021|Uncategorized|0 Comments

Q1 Earnings Reports Demonstrate American Cannabis Industry Is Rapidly Scaling

While the revenue growth rates remain impressive, what is really capturing our attention is how much more efficient these companies have become, resulting in bottom-line growth that is far exceeding expectations. Read More via New Cannabis Ventures

By | May 16th, 2021|Uncategorized|0 Comments