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Resolution Introduced To Promote Access Into Nascent Marijuana Marketplace And Expunge Prior Criminal Records For Now-Legal Activities Washington, DC: Today, Congresswoman Barbara Lee introduced The RESPECT Resolution, Realizing Equitable & Sustainable Participation in Emerging Cannabis Trades, to elevate the importance of building pathways of opportunity for individuals who have been most adversely impacted by the […]
Minnesota has one of the country’s most restrictive medical marijuana programs, and MMJ businesses in the state have experienced significant financial, management and legal issues. However, it isn’t necessarily all gloom and doom when it comes to the future of Minnesota’s MMJ businesses. Nic Easley, a national cannabis consultant and CEO of Denver-based 3C Consulting, […]
Jacksonville, Florida-based mCig announced it’s getting into the California marijuana market, with the acquisition of a 2.5-acre property in California City, north of Los Angeles. The diversified cannabis company will set up a 30,000-square-foot indoor marijuana cultivation operation, with the option to expand it to 50,000 square feet, according to a press release. Also, mCig (MCIG) […]
California is on track to generate $1.9 billion in legal marijuana sales this year, according to new data from a financial analysis firm tracking the market. That’s a lot of weed, but it’s only half the amount the same firm previously estimated the state would rake in. The estimates are from New Frontier Data, which crunches cannabis […]
All eyes are on Canada as the country is hopefully set to legalize recreational marijuana in all territories on this summer, which has some investors hoping for another run on pot stock prices. For Americans, the number of recreational states will jump to eleven when Massachusetts officially starts selling weed on July 1. Whether or not cannabis stocks hit […]
Marijuana producer Canopy Growth Corp. (CGC) began trading on the New York Stock Exchange Thursday, making it one of two Canadian pure-play marijuana stocks to list on a major U.S. exchange. Canopy Growth fell 3.8% to 29.07 in Thursday’s stock market trading. Cronos Group (CRON), became the first Canadian marijuana company to list on the Nasdaq in February, eased 1.4%. Canopy’s […]