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President Trump Approval Promises Substantial Growth for Cannabis Industry

April 20, 2018 at 3:06 pm / Cannabis News, Cannabis Politics, Marijuana Decriminalization, Marijuana Legalization, Recreational Marijuana

DENVER — America’s fast-growing marijuana industry appears poised for supercharged growth after winning what cannabis entrepreneurs see as approval from the Trump administration to forge ahead. The legal marijuana market was already growing exponentially despite fears of a federal crackdown under Trump and Attorney General Jeff Sessions, but Trump’s signal that he’ll respect state legalization may swing open the floodgates by reassuring traditional investors, entrepreneurs and local lawmakers that it’s OK to jump in. Across the nation, risk-takers have poured [...]

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The History of 420

April 20, 2018 at 9:15 am / Cannabis News, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

In 1971, somewhere around harvest time in California, a group of San Rafael High School students, known as “the Waldos” because they liked to congregate outside class against the wall, inherited a map. It allegedly led to a crop of abandoned cannabis plants near the Point Reyes Peninsula Coast Guard station, just up the coast from San Francisco. The friends planned to meet after school at 4:20 p.m. to see if the map was real. For weeks, the Waldos gathered [...]

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Denver Marijuana Dispensary Names Cannabis Strain After Jeff Sessions

February 16, 2018 at 8:36 am / Cannabis News, Cannabis Politics, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

They say imitation is the sincerest form of flattery — but in 2018, imitation can also be simple mockery. Count a Denver dispensary chain’s decision to name a marijuana strain after United States Attorney General Jeff Sessions among the latter. Inspired by the AG’s public remarks and his recent rescission of nine years’ worth of federal protective guidelines for marijuana businesses and users, Medicine Man‘s Jeff Sesh-ons is a sativa-leaning hybrid of Jet Fuel and Bio Diesel. The combination of genetics from [...]

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Finding Employees without Prior Cannabis Convictions an Issue for Dispensaries

October 10, 2017 at 12:30 am / Cannabis News, Cannabis Politics, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

As the cannabis industry continues to grow, a debate is brewing over whether those with drug convictions should be allowed in the industry. Marijuana businesses are in a position of uncertainty amid U.S. Attorney General Jeff Sessions’ anti-drug rhetoric. Meanwhile, the fast-growing, multi-billion-dollar industry is drawing investors and entrepreneurs. Indeed, there is a hypocrisy evident in some corners of the newly legal marijuana market. Earlier this year, Massachusetts medical marijuana provider Patriot Care drew controversy after it opposed a proposal to [...]

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Nevada Almost Out of Weed, Gov Endorses ‘Statement of Emergency’

July 11, 2017 at 12:13 am / Cannabis News, Cannabis Politics, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

Less than two weeks after sales of recreational marijuana kicked off in Nevada, stores are running out of pot to sell, according to the state’s Department of Taxation. On Friday, Gov. Brian Sandoval endorsed the department’s call for a “statement of emergency,” which would allow for more licensed distributors, the Reno Gazette-Journal reported. Nearly 50 dispensaries in the state have licenses to sell marijuana for recreational use. Those sales got underway on July 1. But those same retailers do not [...]

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Cannabis Industry Could Reach Over $60 Billion in 7 Years

June 23, 2017 at 3:27 pm / Cannabis News, Cannabis Politics, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

It appears the booming legal marijuana market has no intention of hitting the breaks. According to a recent market research study from Ameri Research Inc., the global market will surge from $14.3 billion in 2016 to an estimated $63.5 billion by 2024. Fueled by what the report identifies as an increase in legalization across North America and Europe, as well as an increase in demand in cannabis for both medicinal and recreational purposes, the global market is projected to grow [...]

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How Analytics is Changing the Cannabis Industry

June 15, 2017 at 3:38 pm / Cannabis News, Cannabis Politics, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

Getting a Rocky Mountain high may soon be legal in all 50 states, which means pot is fast on its way to becoming just another industry, albeit an exploding one. And as the marijuana industry comes aboveground, it’s opening a huge space for the usual disruptors — tech startups and data analytics firms. Startups like WeedFinder in California began with medical marijuana, using technology to provide on-demand marijuana deliveries via an app. Headset.io provides data to help retailers deep analytics [...]

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Las Vegas Recreational Cannabis Sales Begin July 1st

May 17, 2017 at 1:12 am / Cannabis News, Cannabis Politics, Marijuana Legalization, Recreational Marijuana

An early start to recreational marijuana sales in Nevada cleared the final state hurdle Monday, paving the way for the program to roll out in under two months. The Nevada Tax Commission adopted temporary regulations proposed by the Department of Taxation that will allow the state to issue recreational marijuana licenses by July 1. Most of the regulations were copied from the state’s medical marijuana program. Tax department director Deonne Contine stressed the urgency in getting the regulations adopted so [...]

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Willie Nelson’s New Line of Marijuana Strains, Willie’s Reserve

April 5, 2017 at 3:20 am / Cannabis News, Cannabis Reviews, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

Willie’s Reserve Willie’s Reserve was one of the first celebrity brands of cannabis as well we as being one of the first connoisseur brands. It carries the name and branding power of the legendary-musician and, “Red-headed Stranger,” Willie Nelson. The Willie’s Reserve product range includes gram, one-eighth, and quarter-ounce sizes of marijuana flower. There are also gram and half-gram pre-rolled joints, as well as, disposable vape pens and standard vape pen cartridges with CO2-extracted cannabis concentrates. Marijuana infused chocolates are [...]

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