New York Governor Kathy Hochul on Tuesday launched a new statewide campaign to encourage consumers to purchase cannabis from the state’s regulated recreational marijuana market. New York legalized adult-use cannabis in 2021, and regulated sales of recreational marijuana began at the state’s first licensed dispensary in Manhattan in late December 2022. “To bolster the public […]
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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 […]
Illinois House Considers Bill Banning Vehicle Searches Based On Weed Odor
Members of the Illinois House of Representatives are considering a bill that would ban police searches of vehicles based solely on the odor of cannabis. The measure, Senate Bill 125, has been assigned to two House legislative committees after gaining the approval of the Illinois Senate in a 33-20 vote late last month. Democratic Senator […]
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 […]
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 […]
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 […]
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 […]