NYC shutters 75 illicit weed shops in first week of crackdown, with hundreds and hundreds to go Seventy-five illegal weed shops were shuttered in the first week of the Adams administration’s “Operation Padlock” crackdown on illicit marijuana sales in the city, officials announced Tuesday. The first batch… The post NYC shutters 75 illicit weed shops in first week of crackdown, with hundreds and hundreds to go appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Why Florida medical marijuana companies are pushing so hard for recreational pot As legal marijuana dispensaries hope Floridians vote in November to allow recreational weed, they face a troubling trend: Right now, their flow of new customers is drying up. The state’s medical marijuana… The post Why Florida medical marijuana companies are pushing so hard for recreational pot appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Cresco Labs Reports $184M in Revenue in Q1 2024 Financial Results 'This is just the start,' says CEO Charles Bachtell, noting significant opportunities in new and potential adult-use markets such as Ohio, Florida and Pennsylvania.

Michigan’s Adult-Use Cannabis Sales Up 21% From Last Year The nation’s second-largest market reported nearly $1.1 billion in sales through the first four months of 2024.

South Dakota Tribes Ban Gov. Kristi Noem After She Says They Cater to Drug Cartels Native American tribes in South Dakota banned Gov. Kristi Noem from their reservations for her remarks about drugs. The post South Dakota Tribes Ban Gov. Kristi Noem After She Says They Cater to Drug Cartels first appeared on High Times.

Ports in Belgium and the Netherlands, Europe’s ‘Cocaine Superhighway,’ Tackle Drug Problem Authorities in Belgium and the Netherlands are attempting to thwart rampant drug trade at ports. The post Ports in Belgium and the Netherlands, Europe’s ‘Cocaine Superhighway,’ Tackle Drug Problem first appeared on High Times.

Ohio Committee Approved Adult-Use Sales Plan The rules propose that medical cannabis dispensaries be allowed to sell adult-use products starting on June 7. The post Ohio Committee Approved Adult-Use Sales Plan first appeared on High Times.

The Ultimate Tool for Cleaning the Atmosphere, Controlling Odor and Improving Air Quality Gard'nClean ensures that fresh, clean environments are accessible to everyone, everywhere. The post The Ultimate Tool for Cleaning the Atmosphere, Controlling Odor and Improving Air Quality first appeared on High Times.

Arkansas Finance Department Shows Medical Cannabis Program Growth Now celebrating its fifth year since medical cannabis sales began, a new report shows increases in sales and cardholder numbers. The post Arkansas Finance Department Shows Medical Cannabis Program Growth first appeared on High Times.

Minnesota Expunges Nearly 58K Records Just Nine Months After Rec Weed Legalization While it may have only just ushered in legislation legalizing recreational cannabis, Minnesota is already ahead of the curve when it comes to cannabis crime expungements under its Adult-Use Cannabis Act. The post Minnesota Expunges Nearly 58K Records Just Nine Months After Rec Weed Legalization first appeared on High Times.

AYR Wellness Reports $118M in Revenue for Q1 2024 Results Cannabis rescheduling “validates” the company’s determination to build a “sustainable business that will win in the long-term,” CEO says.

Total Wine & More Takes Another Step Into Hemp-Derived THC-Infused Beverage Market A new partnership with the U.S.’s largest independent fine-wine retailer will sell Bayou City Hemp Company’s and 8th Wonder’s product line in Texas and Louisiana.

New Hampshire Flirts With State-Run Franchises Already a medical cannabis-legal state, New Hampshire is so unsure about legalizing cannabis for adult use that it appears willing to consider a quasi-regulatory structure that no other state has… The post New Hampshire Flirts With State-Run Franchises appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Safe Harbor Financial Reports Year-Over-Year Net Income Increase in Q1 2024 Financial Results CEO Sundie Seefried noted that if cannabis is reclassified as a Schedule III substance, it would result in "a material increase of capital from these businesses moved into financial institutions."

Ohio adult-use marijuana sales approved as part of 2023 ballot measure could begin by mid-June COLUMBUS, Ohio (AP) — Recreational marijuana could be available for sale in Ohio by mid-June, after new licensing rules for dispensaries cleared a key legislative hurdle Monday. Adult-use sales have… The post Ohio adult-use marijuana sales approved as part of 2023 ballot measure could begin by mid-June appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

UK’S Medical Cannabis Boom: Patients, Demand and Consumption Surge to All-Time Highs - With a Record Number of Private Clinics

Alaska House of Representatives Approved Bill To Change Cannabis Taxes The bill would change the current tax based on a $50 per ounce to a 7% tax instead. The post Alaska House of Representatives Approved Bill To Change Cannabis Taxes first appeared on High Times.

New York Cannabis Director Steps Down Amid Major Agency Overhaul Chris Alexander, executive director of the Office of Cannabis Management, will step down in September. The post New York Cannabis Director Steps Down Amid Major Agency Overhaul first appeared on High Times.

Psilocybin Mushrooms Enhance Psychological Flexibility, Pilot Study Shows A new study shows that psilocybin mushrooms are effective for psychedelic-assisted therapy by helping people to break out of rigid thought patterns. The post Psilocybin Mushrooms Enhance Psychological Flexibility, Pilot Study Shows first appeared on High Times.

Over 700 Pounds of Ketamine Found in Transformer Statues Thai police found 700 pounds of ketamine in statues of Transformers characters after being alerted about early drug activity. The post Over 700 Pounds of Ketamine Found in Transformer Statues first appeared on High Times.

Oregon Health Authority Awards Newest Therapeutic Psilocybin License Current cannabis license holder Kaya Holdings Inc. was recently approved for a psilocybin service center license and plans to open in one month. The post Oregon Health Authority Awards Newest Therapeutic Psilocybin License first appeared on High Times.

‘Mitey’ Pest Problems in Cannabis How to identify various mite pests and symptoms to mitigate and prevent damaging outbreaks in plants.

CryoMass Announces Sale of First Production Model to be deployed in Canada

Minnesota Cannabis Producers Given the Greenlight After Being Momentarily in Limbo By Aaron John, Attorney at Harris Sliwoski Minnesota cannabis producers have raised concerns over the availability of products when the legal market finally opens. In response, the Minnesota legislature has acted… The post Minnesota Cannabis Producers Given the Greenlight After Being Momentarily in Limbo appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Ohio Medical Cannabis Operators Could Launch Adult-Use Sales in June A state committee cleared proposed regulations for established businesses to convert to adult-use sales, and once applications launch, lawmakers predict a swift approval process.

47 Ohio Localities Enact Cannabis Moratoriums Ahead of Adult-Use Sales Launch The Buckeye State has at least four cities where existing medical cannabis dispensaries could be impacted by these business bans.

Social equity marijuana businesses sold ‘bag of dreams’ in Massachusetts EVEN BEFORE CANNABIS was legalized, Kijana Rose knew cannabis could make yoga a better time. Rose, 34, has been teaching ganja yoga for seven years and has been selling cannabis edibles… The post Social equity marijuana businesses sold ‘bag of dreams’ in Massachusetts appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Alaska House approves marijuana tax reform, advancing bill to Senate A decade after Alaska voters legalized recreational marijuana, the Alaska Legislature is advancing the first major change to the law that opened commercial sales here. On Friday, the Alaska House of… The post Alaska House approves marijuana tax reform, advancing bill to Senate appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

State Cannabis Director to Step Down as Governor Orders Overhaul The departure of Chris Alexander, an architect of legalization in New York, follows a report that was critical of his leadership. The head of New York State’s cannabis agency will… The post State Cannabis Director to Step Down as Governor Orders Overhaul appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

'Wholesale Business Growth Highlight' of MariMed Q1 2024 Financial Results, says CEO The Massachusetts-based multistate operator began selling its products wholesale in Illinois.

Cannabis Products Recalled in Arizona Over Possible Contamination Onion Bhaji was recalled due to possible contamination with Aspergillus. The post Cannabis Products Recalled in Arizona Over Possible Contamination first appeared on High Times.

Virginia Launches Reporting Website for Tracking Cannabis Exposure to Minors Health officials have been directed to use the reporting portal to track “adverse events” of cannabis exposure among children under 18. The post Virginia Launches Reporting Website for Tracking Cannabis Exposure to Minors first appeared on High Times.

Mexican-Grown Pot Hits Record Low at Border as Competition with State-Legal Pot Rises U.S. Customs and Border Protection data shows that 2023 was the slowest year at the border for pot seizures yet. The post Mexican-Grown Pot Hits Record Low at Border as Competition with State-Legal Pot Rises first appeared on High Times.

Psychedelic Plants Found in Ancient Mayan Ballcourt The ballcourt at the Ancient Mayan city of Yaxnohcah revealed four medicinal plants that were used in a ritual. The post Psychedelic Plants Found in Ancient Mayan Ballcourt first appeared on High Times.

Poll: Majority of U.S. Adults Report Positive Cannabis, Psychedelic Drug Experiences Those in the survey who tried each drug were also more likely to show support for its legalization. The post Poll: Majority of U.S. Adults Report Positive Cannabis, Psychedelic Drug Experiences first appeared on High Times.

Stevie Van Zandt’s Silvio's Stash Brand Debuts in Michigan Cannabis Market with Primitiv Collaboration 'The Sopranos' star and founding member of Bruce Springsteen’s E Street Band Stevie Van Zandt is bringing his cannabis brand, Silvio's Stash, to the Michigan market in collaboration with Calvin Johnson Jr. and Rob Sims’ Primitiv cannabis company.

Living Off the Land Canna Country Farms is what Humboldt is all about. The post Living Off the Land first appeared on High Times.

Key Takeaways From USDA's 2024 Hemp Report The USDA’s 2024 “National Hemp Report” shows the value of hemp production, including floral hemp and seed production, is trending upward, though harvested hemp still exceeds hemp sold. Here are some of the key statistics to know.

Pairing Made Perfect Founder of Cultivating Spirits, Philip Wolf, explains the concept behind his decade-long cannabis dinner series. The post Pairing Made Perfect first appeared on High Times.

Lawmakers Approve Big Changes to Marijuana Industry Rules Dispensaries could soon resemble convenience stores now that lawmakers have passed a bill that will change industry regulations. Marijuana dispensaries could start resembling convenience stores now that lawmakers have passed… The post Lawmakers Approve Big Changes to Marijuana Industry Rules appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Thailand Prime Minister Seeks to Criminalize Weed in Reversal Thailand’s prime minister, Srettha Thavisin, said on Wednesday that he wanted cannabis to be re-listed as a narcotic by the end of the year, a reversal two years after the… The post Thailand Prime Minister Seeks to Criminalize Weed in Reversal appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Marijuana move could help Biden in key voter group The Biden administration’s move to loosen federal regulations on marijuana could help the president make much-needed headway among younger voters, a group that was crucial to his 2020 win but… The post Marijuana move could help Biden in key voter group appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Brand Aids Some reflections on creating a weed brand in an oversaturated market hanging on by a thread. The post Brand Aids first appeared on High Times.

Vermont House Representatives Pass Psychedelic-Assisted Therapy Working Group Bill The bill would enable a task force to study the effectiveness of psychedelic therapies and how to regulate them in the state. The post Vermont House Representatives Pass Psychedelic-Assisted Therapy Working Group Bill first appeared on High Times.

Thailand Prime Minister Aims To Re-List Cannabis as Narcotic By End of 2024 In the latest move in Thailand’s profound reversal of cannabis decriminalization and reform, the country’s prime minister announced his intent to re-list the drug as a narcotic by the year’s end. The post Thailand Prime Minister Aims To Re-List Cannabis as Narcotic By End of 2024 first appeared on High Times.

Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts Maximize Market Research forecasts significant growth in the hemp-based food sector thanks to consumer focus on gluten-free, plant-based diets. The post Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts first appeared on High Times.

Why Brandmydispo’s Custom Weed Bags Are #1 in Custom Cannabis Packaging From child-resistant THC packaging to sustainable materials, Brandmydispo strives to provide cutting-edge options that differentiate its clients from their competitors. The post Why Brandmydispo’s Custom Weed Bags Are #1 in Custom Cannabis Packaging first appeared on High Times.

Cannabis Rescheduling: Where Do We Go From Here? The legal team at Vicente addressed the significance of the potential move to reschedule cannabis, detailing the ramifications for state-legal cannabis businesses and what could happen next during a webinar.

Efforts to legalize medical marijuana in KS failed — but thousands are getting weed from MO As Kansas lawmakers fail to pass a medicinal marijuana program, nearly 2,000 Kansans have crossed the state line to obtain medicinal marijuana licenses in Missouri, The Star has learned. Exactly… The post Efforts to legalize medical marijuana in KS failed — but thousands are getting weed from MO appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Sweeping Cannabis/Hemp Bill Passed by CT Senate, Heads to Governor’s Desk With only a few hours to go on the last day of the 2024 legislative session, the Connecticut Senate late Wednesday passed sweeping legislation that, among other things, creates new… The post Sweeping Cannabis/Hemp Bill Passed by CT Senate, Heads to Governor’s Desk appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

California Awards $12 Million In Local Cannabis Equity Grants To Repair Drug War Harms By Aaron Kelley, Attorney at Harris Sliwoski California’s path to cannabis social equity: from arrests to advocacy Data from the California Department of Justice reveals that nearly half a million individuals were… The post California Awards $12 Million In Local Cannabis Equity Grants To Repair Drug War Harms appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Verano Opens MÜV Haines City, Company’s 75th Florida Dispensary The multistate cannabis operator now has 140 cannabis retail locations nationwide.

Ascend Wellness Holdings Reports $142.4M Net Revenue for Q1 2024 The multistate cannabis operator's net revenue, which excludes intercompany sales of wholesale products, increased nearly 25% year-over-year.

Trulieve Reports $298M in Revenue for 1st Quarter 2024 The Florida-based multistate operator opened three new dispensaries and attributed 4% revenue growth to higher retail traffic and average basket sizes.

SNDL Reports 1st Quarter 2024 Financial, Operational Results The company had CA$198 million in net revenue for the three-month period as well as a record profit margin.

Ellen’s Bud Break: The Purple & Blue Pigments of Pot Anthocyanins contribute to the colors and the healing properties of weed. The post Ellen’s Bud Break: The Purple & Blue Pigments of Pot first appeared on High Times.

Pakistan Creates Regulation Agency To Manage Medical Cannabis Program The country has an estimated 70,000 acres of land that can be used for legal cultivation. The post Pakistan Creates Regulation Agency To Manage Medical Cannabis Program first appeared on High Times.

Signatures for South Dakota Adult-Use Cannabis Initiative Submitted Now the Secretary of State must validate the signatures by August for the initiative to appear on the November ballot. The post Signatures for South Dakota Adult-Use Cannabis Initiative Submitted first appeared on High Times.

Illinois Hemp Operators Call For Regulation Instead of Prohibition Hemp industry advocates in Illinois have thrown their support behind a bill to regulate intoxicating hemp-derived cannabinoids while opposing a separate measure that would ban products containing such compounds, including delta-8 THC. The post Illinois Hemp Operators Call For Regulation Instead of Prohibition first appeared on High Times.

Senator Cory Booker Visits Sacramento Cannabis Giant Amid Decriminalization Push One of Congress’ biggest advocates for legal cannabis came to the California Capitol this week to get up close and personal with thousands of cannabis plants, plant-touching employees and some of the state’s top industry players to reinforce his dedication to ending federal marijuana prohibition. The post Senator Cory Booker Visits Sacramento Cannabis Giant Amid Decriminalization Push first appeared on High Times.