Lawmakers in Ohio on Wednesday passed a bill that would result in the first significant change to the state’s medical cannabis program since it launched in 2016, effectively empowering doctors to recommend cannabis for just about any condition.  Senate Bill 261 passed out of the chamber, and will now... Read more
Luff Announces Sale of Nevada Assets and Provides Corporate Update
About Luff Enterprises Ltd. LUFF Brands is a CBD lifestyle company, focused on providing premium quality, innovative products across the United States. Committed to plant-based science, LUFF produces a suite of thoughtfully designed products. The company focuses on unique formulations leveraging cannabinoids such as CBG and CBN; and boosts... Read more
Cannabis Businesses and New Jersey Real Estate: The Landlord’s Perspective – Part Two: Rental Rates and Legal Compliance
Continuing in the series of articles aimed to help landlords navigate the evolving landscape of commercial real estate in the cannabis industry, this article focuses on how to determine rental rates and navigate legal compliance issues.  New Jersey Rental Rates for Cannabis Businesses  For cannabis-related real estate, rental rates and security deposit requirements will be highly dependent on what the market... Read more
N.J. just began accepting applications to grow recreational marijuana. Hundreds started the process.
The Murphy Administration began accepting applications from cannabis growers, product manufacturers and testing labs on Wednesday — the first step that will usher in the legitimate marijuana industry New Jersey voters endorsed in a referendum 13 months ago. Within four hours of the application portal going live 9 a.m. Wednesday, 500 people had... Read more
The Economic Affairs Interim Committee, comprised of members of the state Senate and state House, convened on Monday, where lawmakers passed five changes to help resolve issues with the state’s cannabis industry, which were proposed by the Montana Department of Revenue.  Montana was one of four states last year... Read more
400 New York localities opt out of cannabis sales. Here’s where
Amid the expected revelry of bringing in the new year, New Yorkers will also have a clearer picture of where they might be able to buy and consume legal marijuana. Dec. 31 marks the deadline of when cities, villages, and towns can opt-out of allowing licenses for either marijuana... Read more
Colorado Marijuana Tax Revenue Breaks Annual Record
Colorado’s annual marijuana tax revenue haul has already reached a new high for the seventh straight year, according to the latest data from the state Department of Revenue. The DOR’s latest monthly report on marijuana tax revenue shows that November’s $32.5 million in combined marijuana taxes and fees pushed 2021’s... Read more
A legalization bill for Rhode Island is expected to be ready sometime during quarter one of 2022. Last week, Rhode Island Representative and House Speaker Joe Shekarchi mentioned the progress of a cannabis legalization bill for his state, which is almost ready to be introduced. Shekarchi was featured in... Read more
Glass House Brands Secures US$100 Million Senior Secured Term Loan Non-Dilutive Capital to Fund Phased Retrofit of 5.5 Million Square Foot Cultivation Facility LONG BEACH, Calif. and TORONTO, Dec. 13, 2021 /CNW/ – Glass House Brands Inc. (“Glass House” or the “Company”) (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest- growing, vertically-integrated... Read more
Presented by Hemp Hop, The High Times Hemp Cup: People’s Choice Edition unites competitors and judges from all areas of the hemp space. The festivities begin this January as High Times begins accepting entries, and the event wraps up April 3, 2022, with the official Digital Awards Show. The... Read more
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