States that have legalized marijuana for adult use collectively generated more than $3.7 billion in tax revenue from recreational cannabis sales in 2021, a report from the Marijuana Policy Project (MPP) that was released on Wednesday found. That’s a 34 percent increase compared to revenue that states received from... Read more
A new Rockstar energy drink from Pepsi that contains hemp seed oil recently hit the shelves—but members of the Navy were specifically warned on Wednesday that the beverage is off limits, claiming it “will” result in a positive drug test. Regardless of the fact that hemp was federally legalized... Read more
A bill that sought to levy harsh fines on businesses in Washington, D.C. that engage in the practice of “gifting” –– whereby a retailer sells a product or good to customer that is accompanied by a “gift” of cannabis –– failed to advance within the district’s city council on Tuesday. The... Read more
A joint project to produce tree-free letterpress paper suitable for commercial printing has delivered one of the first commercially viable hemp papers on the planet. The project was conceived by Maren Krings, a photographer and environmental activist who was writing a book on industrial hemp. Her research led her... Read more
A bill to repair Georgia’s failed medical cannabis program died in the state Senate this week as lawmakers failed to come to an agreement on a compromise proposal. The legislation was approved in the state House of Representatives but was tabled in the Georgia Senate by a vote of... Read more
New Mexico just became the 18th state to legalize recreational pot use for adults, but that makes no difference to the U.S. Customs and Border Protection, which issued a warning this week for anyone passing through the Land of Enchantment: it is still illegal to us. “Border Patrol agents... Read more
We at High Times are pleased to announce that we have entered a partnership which will help create the largest direct-to-consumer offering in the state of California. We are teaming up with Ginger Commerce, a company that provides direct-to-consumer cannabis services in California through its proprietary e-commerce software. “We’re... Read more
Tilray Brands, Inc. Reports Third Quarter Fiscal Year 2022 Financial Results Profitable Quarter Includes Net Income of $52.5 Million and Adjusted EBITDA of $10.1 Million; 12th Consecutive Quarter of Positive Adjusted EBITDA Net Revenue Increased 23% to $152 Million; Gross Profit Increased 31% to $39.8 Million from the Prior Year... Read more
NewLake Capital Partners Acquires Cultivation Property in Missouri for Total Investment of $34.0 Million C3 transaction adds to NewLake’s robust portfolio and strengthens pipeline for future growth NEW CANAAN, Conn., April 06, 2022 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider... Read more
An Arizona mother recently won a Court of Appeals case that determined she was not guilty of child neglect because she consumed medical cannabis to treat extreme morning sickness, and her child tested positive for cannabis shortly after being born. The Arizona Court of Appeals judges ruled that it... Read more
