Author: Eric Sheetz

Colorado Lawmakers Introduce Delta-8 THC Regulation Bill

Two Colorado lawmakers have introduced bipartisan legislation to regulate intoxicating hemp-derived cannabinoids including the increasingly popular compound delta-8 THC. The measure, Senate Bill 271, was introduced earlier this month by Republican Senator Kevin Van Winkle and his Democratic colleague, Senator Dylan Roberts. Last year, Colorado lawmakers passed legislation authorizing the Colorado Department of Public Health […]

House Lawmakers Introduce Bipartisan Cannabis Business Tax Relief Bill

Oregon Representative Earl Blumenauer this week introduced legislation in the U.S. House of Representatives that would allow regulated cannabis companies to take tax deductions commonly enjoyed by businesses in other industries. The bill, known as the Small Business Tax Equity Act, was introduced by Blumenauer on Monday, with bipartisan co-sponsorship by fellow Democrat Representative Barbara […]

Connecticut Bill Would Allow State Tax Deductions for Cannabis Businesses

A bill pending before Connecticut state lawmakers would allow businesses in the state’s nascent cannabis industry to take tax deductions commonly enjoyed by firms in other industries. If passed by the legislature and signed into law, the legislation is projected to save businesses in the cannabis industry $4.7 million in the fiscal year starting July […]

One-Third of the Colorado Marijuana Workforce Has Been Cut

Marijuana-related jobs are becoming harder to find in Colorado. You’ve likely seen headlines claiming that Colorado marijuana sales are dropping. Alongside this, the state’s cannabis workforce has also fallen by 28 percent according to a recent report. This is a first for the Centennial State, which legalized adult-use cannabis sales back in 2014. While such […]

Finland Bans Sale of HHC Products, Sweden to Follow

Scandinavian countries in Europe are taking steps to halt the sale of psychoactive compounds derived from hemp—most recently hexahydrocannabinol (HHC). According to Senior Inspector at the Finnish Medicines Agency (Fimea), Katja Pihlainen, HHC products have flooded Europe and made their way into Finland. She said that Finland recently classified HHC as a psychoactive substance that’s […]

Poll: Majority of South Carolina Adults Support Medical, Recreational Cannabis

It appears that adults in South Carolina are backing legal medical cannabis, and the majority also support recreational use, according to a new poll. The poll, conducted by Winthrop University, involved interviews with 1,657 South Carolina adults from March 25-April 1. In addition to cannabis, the poll established favorability ratings of politicians and asked residents […]

Report: 39% of Consumers Plan to Take Time Off of Work to Celebrate April 20

A recent report released by AYR Wellness discovered shifting trends and popularity of cannabis consumption activities on 4/20. More than 900 cannabis consumer participants, ranging in age between 21-74 years old, were asked a variety of questions between February and March. According to AYR Wellness President and CEO David Goubert, the study sheds some new […]

Michigan Marijuana Sales Hit Record High Of $250 Million In March, State Data Shows

Michigan marijuana sales reached a record high in March, with nearly $250 million in combined recreational and medical cannabis purchases, according to state regulators. The lion’s share of those sales came from the adult-use market, which saw $239.8 million worth of marijuana products sold last month. Medical marijuana purchases reached $9.8 million during the same […]

Texas Bill Approved in House, Would Expand Medical MJ Eligibility, Replace THC Cap

Texas has some major changes surrounding cannabis on the horizon. The state’s House of Representatives has given initial approval to a bill allowing doctors to recommend medical cannabis to patients as an alternative to opioids for chronic pain treatment. The bill would specifically expand eligibility for low-THC cannabis products, granting legal access to patients with […]