April 7 (Reuters) – More than half of the European population support legalization of adult use of cannabis and around 30% of them are interested in purchasing it, according to polling data by industry consultants on Thursday. Europe’s liberal approach could reap multiple financial and economic benefits as seen... Read more
Calabasas Man Allegedly Scammed Investors out of at Least $28 Million They Thought Would Fund Cannabis Vaping Businesses
Marijuana Industry NewsUncategorized April 9, 2022 0
David Joseph Bunevacz, 53, of Calabasas, was taken into custody this morning pursuant to a complaint filed on March 30 that charges him with one count of wire fraud. Bunevacz is expected to make his initial appearance this afternoon in United States District Court in Los Angeles. According to... Read more
Jushi Completes NuLeaf Acquisition and Expands Vertically Integrated Operations in Nevada
Marijuana Industry News April 9, 2022
The desire for cannabis consumption lounges in legal cannabis markets is rising. For example, some Michigan cities are moving toward the consumption lounge trend. In Lansing, city officials recently granted conditional approvals for four businesses to open consumption lounges—many of which could come online this year. And one of... Read more
Pennsylvania Senators to Introduce Legislation to Ban Delta-8 THC
Marijuana Industry News April 9, 2022
BOCA RATON, Florida, April 8, 2022 – PRESS RELEASE – Jushi Holdings Inc., a vertically integrated, multi-state cannabis operator, announced that it has closed its previously announced agreement to acquire NuLeaf, Inc., a Nevada-based vertically integrated operator, for $53.6 million. NuLeaf operates two adult-use and medical retail dispensaries in Las... Read more
Cleveland Mayor Files for Expungement of More Than 4,000 Cannabis Convictions
Marijuana Industry News April 9, 2022
Cleveland residents with certain cannabis possession convictions may soon have their records expunged. They would no longer have criminals record for the convictions, and would not have to report them on employment applications, according to News 5 Cleveland. On April 6, Cleveland Mayor Justin Bibb, Chief Prosecutor Aqueelah Jordan,... Read more
Arizona Issues 26 Social Equity Cannabis Licenses: Here’s What These Licensees Should Do for Long-Term Success
Marijuana Industry News April 9, 2022
The Arizona Department of Health Services (ADHS) awarded the state’s 26 highly sought-after social equity cannabis licenses April 8 marking the beginning of each licensee’s journey to opening an adult-use dispensary, and, if they so choose cultivation and processing operations. It’s been a long road for these social equity... Read more
By now, the story of Charlotte Figi has been heard around the world. The namesake for the company Charlotte’s Web, Charlotte was the first person to experience life-changing treatment for her seizures from CBD made by the Stanley brothers in 2012. Perhaps lesser known are the stories of the... Read more
European Round-Up: 5,000 UK Patients To Receive Cannabis In Ground-Breaking Trial, TV Station Invests In Cannabis, Tobacco Firm’s Cannabis Ambition, Swiss CBD Setback
Marijuana Industry News April 8, 2022 0
European Round-Up: 5,000 UK Patients To Receive Cannabis In Ground-Breaking Trial, TV Station Invests In Cannabis, Tobacco Firm’s Cannabis Ambition, Swiss CBD Setback – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
Missouri medical marijuana sales near $1M per day
Marijuana Industry NewsMedical Marijuana April 8, 2022 0
Missouri medical marijuana dispensaries topped $30 million in monthly sales for the first time in March as the industry continued to pick up steam. That put overall sales for the 17-month-old program at nearly $300 million, more than a third of which has come since December. Officials at the... Read more
NY’s Cannabis Workforce Initiative aims to train next generation of entrepreneurs
Marijuana IndustryMarijuana Industry NewsNew YorkRecreational Marijuana April 8, 2022 0
When Amy Desjardins started advocating for New York to legalize medical marijuana, the cannabis industry’s job creation potential was central to her support. As executive director of the nonprofit Workforce Development Institute, she felt the weed industry could become a huge driver of jobs that provide middle-class wages. And those careers... Read more
