Industry

Industry Massachusetts Hits $10 Billion In Recreational Marijuana Sales As Vote On Ballot Measure To Roll Back Legalization Approaches

Massachusetts has reached a key marijuana milestone, with officials announcing that the state has surpassed $10 billion in adult-use cannabis purchases since the market launched in 2018. The new data from the state Cannabis Control Commission (CCC), shared with Marijuana Moment ahead of its official release on Wednesday, comes just weeks ahead of voters’ decision […] The post Massachusetts Hits $1…

Industry Colorado Regulators Under Fire For Delays In Warning Public About Reports Of Cannabis Products With Adverse Effects

“When you take a really long time to get a bulletin out to tell people about these issues, a lot of time, people have already consumed the product.” By Christopher Osher and Evan Wyloge, The Denver Gazette This story was originally published by ProPublica. In March 2022, Colorado public health officials started getting startling reports […] The post Colorado Regulators Under Fire For Delays In War…

Industry In These Six States, More Than Half Of All Drug Arrests Were For Marijuana

The so-called “war on drugs” is mostly a war on marijuana in several U.S. states, according to a new analysis of FBI data. Last year, over half of all drug arrests were for cannabis in Idaho, Iowa, Kansas, Louisiana, Nebraska and Wisconsin, the review by the pro-legalization advocacy group NORML shows. “In many prohibition states, […] The post In These Six States, More Than Half Of All Drug Arrest…

Industry Congress Should Regulate THC Products, Businessman In Both The Marijuana And Hemp Industries Says (Op-Ed)

“Eliminating a competing channel is not the same as regulating it… Responsible operators on both sides should want rules that protect consumers and make it harder for bad actors to compete.” By Dylan Raap, Upstate Elevator President Donald Trump signed a stopgap spending bill last week that keeps the federal government funded through December 11. […] The post Congress Should Regulate THC Products,…

Industry Many Banks Still Won’t Work With Marijuana Businesses, Federal Report Shows

Many banks are still reluctant to provide services to state-licensed marijuana businesses, according to a new federal report. The Government Accountability Office (GAO) conducted a series of focus groups and interviews with cannabis industry operators, financial services providers, advocacy groups and federal agencies to study the issue. The agency’s report, published on Tuesday, concludes that [……

Industry Marijuana Is A ‘Gateway Drug,’ GOP Congressional Majority Leader Says As Trump Moves To Ease Federal Restrictions

One of the top Republicans in Congress says he is concerned that marijuana causes people to use other, more dangerous substances as the Trump administration is moving forward with a proposal to federally reschedule cannabis. House Majority Leader Steve Scalise (R-LA) told Marijuana Moment last week that he thinks “marijuana is a gateway drug, and […] The post Marijuana Is A ‘Gateway Drug,’ GOP Con…

Industry Marijuana Should Be Federally Legalized And Taxed, U.S. Senate Candidate Josh Turek Says

Josh Turek, the Democratic nominee in a U.S. Senate race in Iowa this year, says it’s time to federally legalize, regulate and tax marijuana. The candidate, currently a state representative, told voters at an Iowa State University football tailgate that he thinks cannabis’s longtime restrictive Schedule I status is “ridiculous.” Turek told one man that […] The post Marijuana Should Be Federally Le…

Industry Convenience Store Industry Says Congress Should Regulate Hemp THC Products Instead Of Banning Them

Advocates for convenience stores are celebrating a recently enacted delay in the effective date of a federal ban on hemp THC products, saying the move provides an opportunity to create regulations as an alternative to prohibition. Convenience stores, they say, are an ideal place to continue to sell hemp products under any new rules that […] The post Convenience Store Industry Says Congress Should …