Insights

California Cannabis Activists Call on Sacramento to Fix Broken System

SACRAMENTO– Supernova Women held a rally in Sacramento (main image) last Thursday, 13th January, in favor of equity, racial justice, and tax relief for cannabis businesses. Assemblywomen Mia Bonta (D-Oakland) and Autumn Burke (D-Inglewood) participated, as did Sen. Steve Bradford (D-LA), who said in a statement to NORML: "We can give CEQA exemptions for football stadiums ...

January 17th, 2022|

CannabizTeam Predicts 100,000 New Cannabis Jobs in 2022

SAN DIEGO - CannabizTeam Worldwide, the cannabis-focused executive search and staffing firm, announced the release of its 2022 Cannabis Industry Salary Guide. This is the fourth edition of CannabizTeam's national salary guide, a comprehensive report that gives insight to employers and prospective cannabis employees, helping them understand the dynamic cannabis industry and make well-informed business ...

January 13th, 2022|

Health Canada Allow Physicians to Request Banned Drugs on Behalf of Patients

OTTAWA–In a groundbreaking decision, the Canadian government is changing the way patients can access psychedelic therapies with restricted drugs, including MDMA and psilocybin. Through an amendment to federal regulations, Health Canada is now allowing physicians to request access to restricted drugs on behalf of patients through the Special Access Program. This program is meant to streamline access to ...

January 12th, 2022|

Cannabis Sales in Arizona Top $1.2 Billion in First 11 Months of 2021

PHOENIX–The Arizona Department of Revenue reported more than $1.23 billion in combined cannabis adult use & medical sales through the first 11 months of 2021, indicating that the state's cannabis industry is continuing to expand. Adult-use recreational cannabis sales surpassed $60 million for the first time in November, setting a new high. Medical sales have ...

January 12th, 2022|

States Surpass $10 Billion in Tax Revenue from Legal, Adult-Use Cannabis Sales

Washington, D.C. — The Marijuana Policy Project has released a new report on tax revenue generated from state-legal, adult-use cannabis since 2014 when sales began in Colorado and Washington state. As of December 2021, states reported a combined total of $10.4 billion in tax revenue from legal, adult-use cannabis sales, with more than $3 billion ...

January 10th, 2022|

Opinion: Mitchell Osak: In Cannabis, Culture Eats Strategy for Breakfast

TORONTO-Management guru Peter Drucker said ‘Culture eats strategy.’ In working with over 150 cannabis companies around the world, I couldn’t agree more. The newly legalized cannabis industry has grown quickly, often unexpectedly and with no playbook to follow. Adding to this roller coaster ride has been the double whammy of COVID-19 anxiety and domestic political ...

January 3rd, 2022|

50 State Legal “Weed” Sweeps the Country

BOSTON - Companies like Boston Hemp Inc are serving the country with a legal form of marijuana with psychoactive effects. How is this legal? Due to the federal farm bill act of 2018, all cannabinoids derived from hemp are now legal. Boston Hemp is stocking shelves across the country with numerous cannabinoids in the form ...

January 1st, 2022|

Phylos Named in mg Magazine’s 50 Best Companies to Work for in Cannabis

PORTLAND, Ore. - Phylos®, a modern crop science company developing advanced Cannabis and hemp genetics, was selected in mg Magazine's 50 Best Companies to Work for in Cannabis. mg Magazine evaluated companies based on basics like health and dental insurance, which all the honorees offer, to unique perks like virtual town halls, work from home ...

December 29th, 2021|

Exhausted Moms Need a Time Out Amidst Growing Holiday Pressures

BOSTON - Millennial moms are in this holiday season exhausted, according to numerous mental health experts, who worry that this year's holiday hubbub will only serve to elevate holiday pressures and parental stress levels amidst a rise in Omicron variant cases across the U.S. They are among the most impacted with 93% of household CEOs ...

December 24th, 2021|

Health Canada Releases New Data on Cannabis Use in Canada

OTTAWA, ON - The Government of Canada takes a public health approach to cannabis regulation, which includes collecting data to better understand how Canadians view and use cannabis. Health Canada published the results of its 2021 Canadian Cannabis Survey (CCS). Health Canada has conducted the Canadian Cannabis Survey every year since 2017. This is the ...

December 24th, 2021|

Investors: A Perspective on Cannabis Stocks

LOS ANGELES– Cannabis is moving towards full legalization for recreational use and that is opening up a whole new potential industry. After the pandemic boom in 2020 which was the rising tide that lifted all boats, the cannabis industry is getting more sophisticated. And we think investors should be getting sophisticated too. State by state, ...

December 14th, 2021|

New Study Explores Medical Cannabis Use Among Canadian Veterans

TORONTO - CannCorps, an ongoing study of cannabis use among Canadian Veterans, led by researchers at McGill University has revealed some important findings after less than one month. The online survey allows participants to anonymously describe their use of medical cannabis. Among 192 participants (65% Veterans, 27% women) to date, many individuals suffered from more ...

December 7th, 2021|

Boston Hemp Explains HHC And Its Effects

BOSTON - HHC is the new wave of hemp derived cannabinoids of the nation. Local health and wellness shops, smoke shops, and convenient stores are starting to stock up as online shops like Boston Hemp already have a full range of products available. HHC, scientifically known as hexahydrocannabinol, is simply a hydrogenated form of the ...

December 7th, 2021|

Reps. Dave Joyce and Alexandria Ocasio-Cortez Introduce Legislation To Expunge Marijuana Records

WASHINGTON, D.C. – (NORML) Representatives Dave Joyce (R-OH) and Alexandria Ocasio-Cortez (D-NY) introduced legislation to incentivize state and local governments to expunge the criminal records of tens of millions of Americans who have previously been convicted of marijuana offenses. “This bipartisan effort represents the growing consensus to reform marijuana policies in a manner that addresses ...

December 6th, 2021|

Analysis: Financing Adaptogenic Mushroom Companies: Seven Basic Regulatory Points to Understand

LOS ANGELES–Aside from a small number of companies the FDA has permitted to pursue the development of psilocybin therapies (e.g., Compass), the majority of psychedelic mushroom sales in the U.S. currently violate both state and federal law. As we wait for federal legalization and/or state-regulated psilocybin markets to emerge, what can a motivated entrepreneur interested ...

December 6th, 2021|

At 16.27% CAGR, Industrial Hemp Market Accounted for USD 3.91 Bn in 2020 says Brandessence Market Research

PUNE, India - According to Brandessence Market Research, the hemp industry projections are on a promising trajectory to grow at promising 16.27% CAGR during 2021-2027 period. The Industrial hemp market forecast estimated that industrial hemp accounted for USD 3.91 billion in 2020. Growing demand for hemp food products, nutraceuticals, beverages, alternative protein sources, among others ...

December 4th, 2021|

Cannabis Legalization Associated with Improved Clearance Rates for Violent Crimes

SALT LAKE CITY – (NORML)– The legalization of cananbis is associated with improvements in police clearance rates for multiple types of violent crimes, according to data published online ahead of print in The International Journal of Drug Policy. A pair of researchers affiliated with the University of Utah and the University of China assessed trends in crime ...

December 2nd, 2021|

Global CBD Market Retail Sales Jump Along With Rising Consumer Acceptance

PALM BEACH, Fla. - Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected to boost production for CBD-infused products. Out ...

December 2nd, 2021|

Conor Green Donates to the National Indigenous Women’s Resource Center

CHICAGO - Conor Green Consulting LLC announced a corporate donation to the National Indigenous Women's Resource Center (NIWRC) in support of their efforts to end violence against Native Women, as well as raising awareness and fostering the prevention of Missing & Murdered Indigenous Women (MMIW). Although the end of November brings the conclusion of Native ...

December 1st, 2021|

HAVEN Dispensaries Feeds More Than 600 Families This Thanksgiving

LOS ANGELES - HAVEN Dispensaries, with 6 locations throughout Southern California, is teaming up with several local organizations to feed more than 600 families this Thanksgiving. Through its efforts with the "HAVEN Giving Thanks Donation Event," which ran from November 3rd to November 15th, HAVEN's raised enough donations to help feed more than 600 families in its local communities. ...

November 27th, 2021|

Psychedelic Psilocybin Could Cut Cravings in Alcoholics

NEW YORK–Alcohol is a scourge on humanity. Alcohol accounts for about 3 million deaths worldwide annually, and there are few approved drugs to treat alcohol use disorder. Along comes Psilocybin, the active ingredient in magic mushrooms, has drawn interest as a potential remedy for the disorder in Germany. Their findings were reported in the journal Science ...

November 18th, 2021|

Weedmaps Releases In-Depth Study on US Cannabis Consumers

IRVINE, Calif.--WM Technology, Inc. (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, has released its first data and insights report, titled ‘Cannabis in America’. This report shares current data and insights indicative of the marketplace, cannabis industry trends, cultural revelations, and the persistent questions at the center of the cannabis ...

November 16th, 2021|

Pharmaceutical & Hemp Wellness Segments Of Cannabidiol Market Could See Growth Rates Through 2028

PALM BEACH, Fl.-  Out of all cannabinoids, cannabidiol is used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil is used, such as anxiety and depression treatment, stress relief, diabetes prevention, pain relief, cancer symptom relief, and inflammation. Due to the increasing adoption of CBD-based products to treat ...

November 15th, 2021|

Hytiva® Teams Up with Shelby America, Ford Motor Company, and Others for Charity Golf Tournament

LAS VEGAS - As Hytiva's innovative cannabis solutions spread throughout the states and internationally, Hytiva® continues its commitment to corporate philanthropy through its sponsorship and support of the Electric Drive America golf tournament on Friday, November 5th, at Bear's Best Las Vegas. Presented by Gaudin Ford and co-sponsored by Shelby America®, Ford Motor Company® and ...

November 9th, 2021|
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