Consumers, business leaders, and pro-cannabis advocates continue to accuse the state Cannabis Regulatory Commission of dragging its feet on changes they seek to the nascent adult-use cannabis industry. The commission is set to meet for its monthly meeting Thursday, where it will discuss an array of topics, including making... Read more
Weedmaps is under fire for advertising illegal or unlicensed cannabis retailers on its site in California. Several businesses have filed complaints that claim Weedmaps is working with these businesses despite their lack of legal backing. These complaints were filed last month and in May with the California Department of... Read more
It has been a 50-50 year for Illinois’ adult-use cannabis program. As in a 50% increase in sales, and a 50% increase in tax revenue. The state’s governor trumpeted the figures in an announcement on Monday, saying that Illinois “has seen a 50% increase in total tax reported from... Read more
Illinois has seen a 50% increase in cannabis tax revenue since last year, thanks to the booming adult-use cannabis industry. Gov. J.B. Pritzker’s office said Monday that adult-use cannabis sales exceeded $1.5 billion so far this year. “Illinois has done more to put justice and equity at the forefront... Read more
In the past month, the cities of Marshall, Robbinsdale and St. Joseph approved moratoriums on sales. Other cities across Minnesota are also considering moratoriums as they weigh how they’ll tackle enforcement. ST.PAUL — As cities across Minnesota figure out how they’ll regulate food and drinks containing the component of... Read more
Senate Majority Leader Chuck Schumer joined other New York policymakers and advocates on Sunday for the launch of the Bronx Cannabis Hub, a community center providing resources for residents interested in social equity opportunities in the legal cannabis industry. Schumer, who last week introduced a much-anticipated bill to federally... Read more
By Chris Porrino and Peter Slocum When I was attorney general of New Jersey, the discussion surrounding the legalization of cannabis for adult recreational use was just heating up. We knew back then, based on polling of eligible voters, that cannabis would be legalized for recreational use. As I... Read more
Illinois Governor JB Pritzker announced on Friday that the Illinois Department of Financial and Professional Regulation (IDFPR) has issued 149 conditional state licenses for adult-use cannabis retailers to applicants selected in three lotteries held earlier this summer. All of the selected businesses qualify as social equity applicants under the... Read more
XS Financial Provides a $15 Million CAPEX Lease Facility to Green Dragon / Eaze LOS ANGELES, CA / ACCESSWIRE / July 25, 2022 / XS Financial Inc. (“XS Financial”, “XSF” or the “Company”) (CSE:XSF) (OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the... Read more
As of July 2022, 20 of the 50 states in the United States had legalized marijuana, with the other 30 ranging from mixed legality to full illegality, according to disa.com. States like Idaho, Wyoming and South Carolina keep weed fully illegal, with criminal charges and zero medicinal use. California, New York and... Read more