The Pot Stock Bubble Has Burst. Here’s Why
Marijuana Industry News November 18, 2019 0
Wall Street’s exuberance over legal weed has quickly curdled into sober reality. In a matter of months, white-hot cannabis companies have flamed out in spectacular fashion. Many have lost two-thirds or more of their value. Widespread legalization has been thwarted. Bank financing has dried up. Deep-pocketed institutional investors remain... Read more
Budding Hemp Farmers Struggle To Find Success In The ‘Green Rush’
CBDMarijuana Industry News November 18, 2019 0
Hemp farming exploded after the 2018 Farm Bill passed last December. The bill decriminalized the plant at the federal level, opening the door for many U.S. farmers to grow and sell hemp. Over the past year, licensed hemp acreage increased more than 445%, according to the advocacy and research group Vote Hemp.... Read more
Biden Says Marijuana Might Be A Gateway Drug
FeaturedMarijuana IndustryMarijuana Industry News November 17, 2019 0
Former Massachusetts Gov. Deval Patrick (D) announced on November 14, 2019, that he is seeking the 2020 Democratic presidential nomination. The latecomer to the race does not have an especially reform-friendly record on drug policy issues compared to many of his rival contenders, and questions remain about where he... Read more
CDC says cannabis prohibition slows feds’ vape crisis response (Newsletter: November 14, 2019)
Marijuana IndustryMarijuana Industry News November 16, 2019 0
SCOTUS talks marijuana enforcement; New Mexico lawmakers consider 2020 legalization; Groups push Congress to respect DC cannabis laws Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana... Read more
New Mexico Committee Gets Head Start On Marijuana Legalization For 2020 Session
FeaturedMarijuana IndustryMarijuana Industry News November 16, 2019 0
Former Massachusetts Gov. Deval Patrick (D) announced on November 14, 2019, that he is seeking the 2020 Democratic presidential nomination. The latecomer to the race does not have an especially reform-friendly record on drug policy issues compared to many of his rival contenders, and questions remain about where he... Read more
Vote To Federally Legalize Marijuana Planned In Congress
FeaturedMarijuana IndustryMarijuana Industry News November 16, 2019 0
Former Massachusetts Gov. Deval Patrick (D) announced on November 14, 2019, that he is seeking the 2020 Democratic presidential nomination. The latecomer to the race does not have an especially reform-friendly record on drug policy issues compared to many of his rival contenders, and questions remain about where he... Read more
Only 8 percent of Americans say marijuana should be completely illegal
Marijuana Industry News November 16, 2019 0
November 15, 2019 by AggregatedNews Leave a Comment Most Americans — 2 out of 3 — say marijuana use should be legal, according to new data from Pew Research Center that builds on a decades-long trend line. The share of those opposed, meanwhile, has plunged 20 percentage points, to... Read more
MedMen Announces Layoffs and Overall Plan to Achieve Positive EBITDA
Marijuana Industry News November 16, 2019 0
PRESS RELEASE LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced a strategic plan (the “Plan”) to achieve its target of positive EBITDA by the end of calendar year 2020. The 90-day plan will... Read more
Virginia could decriminalize marijuana with new Democratic majority in legislature
Marijuana Industry News November 16, 2019 0
You are here: Home / Policy & Legal / Virginia / Virginia could decriminalize marijuana with new Democratic majority in legislature November 16, 2019 by AggregatedNews Leave a Comment Advocates for reform of Virginia’s marijuana prohibition laws say the new makeup of the legislature means Virginia could vote to... Read more
Who won and lost in city’s weed lottery
IllinoisMarijuana Industry News November 16, 2019 0
PharmaCann won big, while GTI got shut out of downtown in a lottery with the jackpot of a lifetime for the marijuana industry. Like any other lottery, there were winners and losers, big smiles and tense grimaces when the city of Chicago drew names this morning to decide which companies... Read more
