U.S. medical cannabis enrollments quadrupled from 2016 to 2020 A growing number of people in the United States are enrolling in medical marijuana programs, with the total surpassing 2.97 million through 2020, more than quadrupling the number of people enrolled in 2016, according to a study published in Annals of... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Two... Read more
Liz Kirkaldie’s grandson was in the top of his class in high school and a talented jazz bassist when he started smoking pot. The more serious he got about music, the more serious he got about pot. And the more serious he got about pot, the more he became... Read more
A Siskiyou County, California district attorney announced on June 14 that four police officers will be cleared of charges after shooting and killing a man who drove a truck full of cannabis through a wildfire checkpoint. But over the past year, witnesses and cops provided conflicting stories about what... Read more
NCIA’s editorial department continues the Member Spotlight series by highlighting our Social Equity Scholarship Recipients as part of our Diversity, Equity, and Inclusion Program. Participants are gaining first-hand access to regulators in key markets to get insight on the industry, tips for raising capital, and advice on how to access and utilize... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, This... Read more
Two bills were recently introduced to prevent illegal cannabis cultivation efforts, which are using more water than ever in the wake of a historic California drought. “Illegal cannabis farming is devastating the desert communities of San Bernardino County,” said San Bernardino County Board of Supervisors Chairman Curt Hagman in... Read more
Reflecting industry tension with regulators and the general economy, California saw first quarter tax cannabis tax revenues drop compared to the last quarter of 2021. 2022 first quarter total returns amounted to $293.5 million for the period collected as of May 17 (while taking into account late returns for... Read more
A group of licensed cannabis business owners rallied on the steps of the California capitol on Thursday to bring attention to the impact high cannabis taxes have on independent entrepreneurs. The demonstration, which was held in response to the proposed state budget released by Governor Gavin Newsom last month,... Read more
The cannabis industry in the city of Sacramento has become the ninth largest employer with nearly 8,000 workers four years after recreational marijuana was legalized, shows a report commissioned by city officials. “It’s a remarkable turn of events” said David Zehnder, a managing principal with consulting firm Economics &... Read more