At Long Last Banking Is Available To California Cannabis Companies

It was announced this week that a California credit union will provide cannabis companies with checking services, wire transfers and other banking staples that most other businesses already enjoy. Even though cannabis and marijuana have been legal since 2018 most banks wanted nothing to do with money from the industry for fear it could exposeContinue reading “At Long Last Banking Is Available To California Cannabis Companies”

What Cannabis Sales Mean To The Tax Base Of States

The State of New York is dealing with a severe budget shortfall and they are turning to cannabis as a portion of the solution they so desperately need. Here’s what the state determines the legalization of cannabis could mean for New York; 60,000 new jobs $350 Billion in economic activity $300 Million in tax revenueContinue reading “What Cannabis Sales Mean To The Tax Base Of States”

UFC Announces Changes To Anti-Doping Policy As It Relates To Cannabis

The UFC has announced significant changes to its Anti-Doping Policy today and included in those modification were the handling of cannabis and naturally occurring cannabinoid constituents. Most importantly, positive tests over the threshold and decision limit for carboxy-THC, the psychoactive ingredient in cannabis, will no longer be considered a violation of the UFC Anti-Doping PolicyContinue reading “UFC Announces Changes To Anti-Doping Policy As It Relates To Cannabis”

The Push For Exact Nutritional Content Of Cannabis

Breakfast cereal has an exact ingredient list and at a glance you know exactly what it contains. Any medication you’re prescribed contains predictable ingredients to produce a predicted response. If you’re trying to control your weight you know what and how much to eat. If you need to lower your blood pressure your doctor knowsContinue reading “The Push For Exact Nutritional Content Of Cannabis”

DEA Might Start To Issue Cannabis Cultivation Permits In 2021

Currently the University of Mississippi is the lone entity authorized by the Federal Government to grow cannabis for research. After many years of steadfast delay and foot dragging the U.S. Drug Enforcement Agency may soon issue licenses to both businesses and institutions to cultivate cannabis for scientists who are doing critical research. Richard Shain, presidentContinue reading “DEA Might Start To Issue Cannabis Cultivation Permits In 2021”

80 Years Ago Henry Ford Built A Car Powered By Hemp

Early in 2019 Jay Leno featured a story about “the world’s first carbon-negative car” made of hemp plastic. Leno highlighted that the body of the car was lighter than fiberglass, ten times stronger than steel and could run on recycled agricultural waste!” The ultimate goal Jay is to introduce the world’s first carbon-negative vehicle, and theContinue reading “80 Years Ago Henry Ford Built A Car Powered By Hemp”

PBR Entering The Cannabis-Infused Drink Market Will Not Go Unnoticed!

Seeing the iconic PBR logo on a cannabis-infused beverage in the beverage aisle might be just the distinctive marketing advantage PBR has been looking for. Pabst Blue Ribbon has struggled for market share for years and this move could signal a period of rapid growth in the North American Market. PBR launched its first infusedContinue reading “PBR Entering The Cannabis-Infused Drink Market Will Not Go Unnoticed!”

How Cannabis Went From Being Illegal To Store Shelves

2020 has been an incredibly interesting year to say the least. While some segments of the business world collapsed like Disneyland and many restaurants others reached new highs and new levels of acceptance. The results from the 2020 election moved cannabis into a position to be considered at or near the top of the listContinue reading “How Cannabis Went From Being Illegal To Store Shelves”

Regulators Consider Loosening Rules To Help Cannabis Operators

Was it COVID-19, the wildfires, the black market or the nationwide fight for racial justice that elicited the change? We can’t really be sure exactly what got the attention of the Cannabis Advisory Committee but they are paying close attention to the difficulty of doing business in 2020 and want to lend a hand. TheContinue reading “Regulators Consider Loosening Rules To Help Cannabis Operators”

Was Thanksgiving 2020 Part Of A Permanent High For Cannabis?

Sales of cannabis hit record levels over the 2020 Thanksgiving weekend and this suggests that between COVID-19 anxiety and trends toward legalization we likely will see a permanent increase in demand. After early 2020 sluggish sales the buying of product soared when lockdowns began and consumers, fearing supply disruptions, stockpiled the drug. Cannabis sales onContinue reading “Was Thanksgiving 2020 Part Of A Permanent High For Cannabis?”

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