Business

Last Friday, Sean “Diddy” Combs made the announcement that he was purchasing three pre-existing marijuana operations in three states. For a colossal $185 million, Diddy bought the operations from Cresco Labs and Columbia Care who had to divest these operations...

Canopy Growth, a Canadian based cannabis company is moving into the American market relatively swiftly. According to CNBC, Canopy growth announced recently they are consolidating their US assets into a new holding company called Canopy USA. This new holding...

Members of the NAACP’s Board of Directors have approved a resolution calling upon Congress to enact legislation that explicitly allows banks to provide financial services to state-licensed cannabis businesses. Federal law discourages banks and other financial institutions from maintaining relationships with marijuana-related businesses because the plant remains classified...

We reported on a story a couple weeks ago about the first marijuana employee dying from exposure to dust emanating from pre-rolls. Well that story, which occurred earlier this year but didn’t hit the press until this month, has...

Snoop Dogg recently unveiled his newest line of cannabis edibles referred to as “Snazzle Os”. These new cannabis-infused crunchy snacks are quite like the popular Funyun snacks and come in two crazy flavors, onion, and spicy onion. These new edibles...

The first licenses to be given out in the state of New York are to be given to 150 applicants who have been criminalized by the War on Drugs or have had direct family members convicted of a cannabis-related...

Democratic Gov. Gavin Newsom has signed a number of marijuana-related bills into law, including legislation protecting employees from workplace discrimination. Specifically, Assembly Bill 2188, makes “it unlawful for an employer to discriminate against a person in hiring, termination, or any...

In the state of Oregon, the hugely successful marijuana industry is seeing a big correction take place. Back in September 2020, Oregon was seeing a median price for dried flower resting at $161 per ounce. Now, it’s down 27% to...

Which city up or down the coast of California is next? For now, it’s San Francisco, whose Board of Supervisors have voted unanimously to decriminalize plant-based psychedelic drugs. This would include psilocybin, peyote (a controversial one), and ayahuasca, and leave out...

The establishment of licensed cannabis businesses is associated with increased home values, according to a study published by Rutgers University and funded by the New Jersey State Policy Lab. Researchers reported that municipalities which licensed marijuana establishments experienced a nearly...