Pot Porsches and Hempcrete are here From stalled legislation to falling stock prices, cannabis didn’t have the greatest year. But investors are finding something to be optimistic about heading into 2022: industrial hemp. Demand is poised to rise for hemp — the staid sister to the mood-altering forms of cannabis — as... Read more
The Maryland legislature is moving toward placing a voter referendum on legalizing marijuana on ballots in 2022. Text of the proposed legislation was written by Del. Luke Clippinger (D-Baltimore City), who is chairman of Maryland’s House Cannabis Referendum and Legalization Workgroup, formed last summer to study the issue. The... Read more
Next month could mean a budding business plan blossoming into its full potential, or it could bring possible failure in an industry as crowded as this lot. “It’s kind of like charging into the dark,” said Cody Lundmark, co-owner of Sacred Sun Farms, one of the four shops of... Read more
When Flora Growth debuted on the Nasdaq in May 2021, the company publicized the U.S.-based initial public offering (IPO) as the first known cannabis cultivator to list without using a special purpose acquisition company (SPAC), reverse merger or dual listing. The move included a $30 million pre-IPO equity raise... Read more
Five years ago, California voters overwhelmingly chose to legalize the adult use of marijuana. The passage of Proposition 64 was supposed to replace the state’s vast illegal and quasi-legal medical marijuana market, in which virtually anyone could get their hands on marijuana, with a tightly controlled system of safe... Read more
Rand Paul’s festivus marijuana banking slam on Dems; DEA’s drug emoji guide for parents; Robbery preparedness for cannabis dispensaries 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... Read more
The Drug Enforcement Administration (DEA) says it’s cracked the code to identify what kind of emojis young people are using to talk about buying and selling illicit drugs. But in classic “how do you do fellow kids” fashion, the federal agency doesn’t appear to have the firmest grasp on... Read more
“There may not be much product available after the first couple of days, for several weeks.” By Max Savage Levenson, Montana Free Press On January 1, 2022, adult-use recreational marijuana will become available for purchase in Montana. The launch of the new market raises a wide range of questions,... Read more
Rand Paul’s festivus marijuana banking slam on Dems; DEA’s drug emoji guide for parents; Robbery preparedness for cannabis dispensaries 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... Read more
