Author: Eric Sheetz

Charlotte’s Web, Subsidiary of British American Tobacco Seek FDA Approval For New Drug

One of the market leaders in CBD products is teaming up with a subsidiary of the world’s biggest tobacco company to seek regulatory approval for a new botanical drug.  Charlotte’s Web Holdings, a market leader in full-spectrum hemp extract wellness products,  announced on April 6 that it is forming a joint venture with AJNA BioSciences […]

Study of Five U.S. Cities Finds Dispensaries Strictly Enforce ID Verification Laws

As a still-young industry, many are all too familiar with the stringent compliance protocols attached to cannabis today. Cannabis retailers across the U.S. must comply with an array of rules carried down by state cannabis officials, in part to ensure they check ID and that products stay out of the hands of underage consumers. Data […]

Missouri Marijuana Sales Hit $126 Million In March, State Data Shows, With Market Expected To Reach $1 Billion By Year’s End

Missouri marijuana sales reached a record $126 million in marijuana sales in March, the second month since adult-use shops opened in the state after voters approved legalization at the ballot last November. The $126.2 million comes from combined medical cannabis purchases ($32.7 million) and recreational sales ($93.5 million) in March. That’s a 22.4 percent increase […]

Wilfred Co-Creator Jason Gann on His Cannabis Brand, Delta-8, and Mental Health

The last time I caught up with Wilfred star-turned-cannabis operator Jason Gann in January 2021, he was weathering the ups and downs of startup cannabis ownership.  Today, he’s continuing to survive, learn, and grow his brand, Wilfred CBD and Hemp, as well as his entrepreneurial acumen. While doing so, he’s taking the usual entrepreneurial smacks. […]

NBA Deal Would Remove THC Drug Testing, Allow Player Investment in MJ Companies

The National Basketball Association (NBA) and National Basketball Players Association (NBPA) are helping to usher in a new era in sports and cannabis with a new, tentative deal.  While the deal must still be ratified by players and team governors before it’s official, it’s looking like the NBA will not only remove cannabis from its […]

New York Regulators Approve 99 New Dispensary Licenses 

The New York Cannabis Control Board approved the 99 new licenses on April 3, increasing the total provisional retail dispensary licenses for Conditional Adult-Use Retail Dispensaries (CAURD) to 165. “We are proud of today’s approval of 99 CAURD provisional licenses, marking a vast expansion of the Seeding Opportunity Initiative as we continue to build an […]

New Mexico Governor Touts $300 Million In Adult-Use Marijuana Sales In The First Year Since Market Launched

The governor of New Mexico is marking the one-year anniversary of the state’s adult-use marijuana market, touting its more than $300 million in sales since last April as well as the thousands of jobs the cannabis industry has created. Gov. Michelle Lujan Grisham (D) said on Monday that sales have been steady throughout the past […]