DiscoverBusiness of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends
Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends
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Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends

Author: Business of Cannabis

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Business of Cannabis podcast - a weekly rundown of cannabis news, insights and trends.
Features cannabis news from North America as well as the latest cannabis updates from Europe.
Also, cannabis events and jobs in the cannabis industry!
Visit businessofcannabis.com
665 Episodes
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This week's stories:In a major development for the US cannabis industry, Members of the Senate Banking Committee have voted to approve the SAFER Banking Act, paving the way for its final vote in the Senate. Wisconsin lawmakers have introduced a new bill which would legalise adult-use cannabis consumption, the possession of up to five ounces for over 21s, and remove criminal penalties for those under 21.In a bid to expand patient access to medical cannabis in New York, the OCM has expanded its RO Applications Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Cannabis Europa Please contact INFO@BUSINESSOFCANNABIS.COM to chat about sponsorship of the New York eventTweet us and let us know your thoughts on today's episode, here.Email us about our stories or to talk sponsorship of our events, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
This week's stories:Subversive Capital Advisor, which focuses on emerging sectors, this week launched a new cannabis- focused ETF, stating that a ‘regulatory move to Schedule III status meaningfully changes the trajectory for this business.The text for the SAFE Banking Act that aims to transform banking for the cannabis industry has been amended.According to Marijuana Moment, which has seen a copy of the amended text, the bill’s updates relate to guidance, finance regulations and reporting requirements.Canopy Growth Corporation announced that it was seeking to raise up to $50m in additional funding via a ‘private placement offering’. Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Cannabis Europa Please contact INFO@BUSINESSOFCANNABIS.COM to chat about sponsorship of the New York eventTweet us and let us know your thoughts on today's episode, here.Email us about our stories or to talk sponsorship of our events, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
This week's stories:General New York Cannabis Licence Applications to Open on October 04Cannabis Sales in New Mexico Reach a Record HighNew Jersey Proposes Rules to Expand Cannabis EdiblesThe UK ‘Perfectly Poised’ To Be Central Hub For Global Cannabis Financial Trade Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Cannabis Europa Please contact INFO@BUSINESSOFCANNABIS.COM to chat about sponsorship of the New York eventTweet us and let us know your thoughts on today's episode, here.Email us about our stories or to talk sponsorship of our events, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
This week's stories:Rescheduling cannabis from Schedule I to Schedule III under federal law is “not enough” as it “continues to misrepresent the plant’s safety relative to other controlled substances”. But who said it? Listen to find out!On Tuesday, as the US senate returned from its August recess, the majority leader Chuck Schumer reiterated his commitment to advancing the highly anticipated Secure and Fair Enforcement (SAFE) Banking Act.In a letter to New York’s governor, four cannabis companies have highlighted the mess of New York’s adult-use cannabis programme rollout, calling on the state to issue retail licences.  Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories or to talk sponsorship of our events, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
This week's stories:The U.S Department of Health and Human Services (HHS) has sent a letter to the Drug Enforcement Administration (DEA) recommending that cannabis be reclassified from Schedule I to Schedule IIINew York has seen its cannabis licensing process draw to a complete halt after a temporary injunction was implemented on New York’s Conditional Adult-Use Retail Dispensary (CAURD) scheme.Canadian cannabis companies are increasingly turning to the international medical cannabis market, seeing exports increase by 50% last year.The report we mention in the episode - Pharmaceutical Cannabis Report: 3rd EditionAre you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories or to talk sponsorship of our events, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
This week's stories:Discover How High Fees are Challenging Cannabis Profits – Insights from Health Canada ReportLegal Battles, Licences Revoked – Inside the Alabama Medical Cannabis Commission's TurmoilCalifornia's Tax Cuts for Cannabis: Unveiling the Strategy to Save a Struggling IndustryAre you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
This week's stories:US cannabis businesses are bracing for increasing threats from criminals following Mastercard’s decision to ban cannabis purchases.US organisation Doctors for Cannabis Regulation (DCR) and other industry stakeholders, are urging the United States and global cannabis regulators to adopt the International Intoxicating Cannabinoid Product SymbolOhio could see potential annual tax revenue from adult-use cannabis hit $276 million in year five of an operational cannabis market to $403 million in year five of operations.Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:Cannabis company Tilray Brands is planning to diversify its alcohol segment with the intent to acquire eight beer and beverage brands from  CFAH has updated its 2023 Cannabis Price Index, collecting data on cannabis prices from 140 cities worldwide and ranking them from least costly to most expensive for both illegal and legal weed.Canopy Growth has reported growing revenues and falling losses, but has again raised doubts over its ability to keep its head above water financially moving forward.Israel could soon see a dramatic increase in the number of medical cannabis patients as the government publishes proposals for sweeping reforms aimed at streamlining access. See the summary on our website here.Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:The Canadian Federal government’s failure to facilitate research into the potential health issues associated with cannabis consumption has led to potential legal action.THE global cannabis industry is grappling with significant challenges in securing reliable banking and payment services following Mastercard’s recent decision to prohibit cannabis purchases on its debit cards in the US. Atalis Pay from Prohibition Partners emerges as a fresh source of optimism, introducing the first open banking payment gateway for the cannabis industry. The first adult-use cannabis dispensary to open in New York has seen $12 million in sales in its first six months of operation. Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:New York’s Empire Cannabis Club to Take Regulators to Court After Recent RaidsTilray has reported narrowing losses during its fourth quarter while sales came in well above analyst estimates, leading to a bump in stock price.An amendment has been approved by the U.S. House of Representatives to be included in a spending that would prevent the Department of Veterans Affairs (VA) from prohibiting veteran access to medical cannabis.  Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:In a bid to super charge the cannabis retail market, New York’s Office of Cannabis Management has announced the approval of cannabis farmers markets and has issued 212 new provisional retail licenses.A 2024 ballot initiative to legalise adult use of cannabis could see Florida generate up to $431.3 million in sales tax if passed.US cannabis giant Trulieve has filed a civil lawsuit against its former business partners in a bid to recover unpaid debts worth nearly $25m. Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:Reports have emerged of two Empire Cannabis Club locations in New York being raided by authorities. Senate Majority Leader Chuck Schumer has issued a cautionary note to his colleagues about the challenges ahead in passing the Secure and Fair Enforcement (SAFE) Banking Act.The month of June saw record medical and adult use cannabis sales in Massachusetts – reaching a total of USD$151.8 million. Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:Canopy Growth, the embattled cannabis giant, announced this week that it was undertaking several moves to improve its liquidity and pay down its debt. After hitting a 52-week low on Friday, falling 11%, Canopy’s shares jumped more than 50% in the US on Monday following the news, Motley Fool reported.New York Governor Kathy Hochul has announced that Chicago Atlantic Admin is investing up to $150 million in the New York State Cannabis Social Equity Investment Fund.July 1 saw the launch of adult-use cannabis sales in Maryland, making it the 21st state to legalise recreational cannabis in the country. Check out all the main headlines on our website at businessofcannabis.comBusiness of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:For the second time in two months, Wisconsin lawmakers have voted against a bill that would have introduced adult use cannabis – despite voter support.Canopy Growth Corporation has confirmed it has now completed the sale of its facility in Modesto, CA.North American cannabis operator TerrAscend is set to see its shares listed on the Toronto Stock Exchange (TSX) next week.Check out all the main headlines on our website at businessofcannabis.com Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:New Hampshire to Establish Commission to Review State-Run Cannabis Sales ModelCalifornia Cannabis Programs see $4.1 million Funding SupportNevada Introduces New Cannabis RegulationsCheck out all the main headlines on our website at businessofcannabis.com Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:Each of New York's unlicensed sellers now faces fines of up to $10,000 every day, while the state’s tax and finance department is able to issue additional civil penalties to businesses which don’t pay applicable cannabis taxes, according to MJBiz DailyThe US Government is now ‘banking cannabis, whether they know it or not’ following the collapse of Signature Bridge Bank.Senator Wants Marijuana Laws To Block Amazon And Big TobaccoConnecticut records $23 million in cannabis sales in MayCheck out all the main headlines on our website at businessofcannabis.com Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Cannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:New York’s Senate has approved a bill that would provide tax relief to New York City cannabis businesses, reports Marijuana MomentMJ Biz Daily reports that Maryland has launched an $80 million funding programme that will offer grants and loans to help existing medical cannabis companies move into the state’s impending adult-use cannabis marketBenzinga reports that Illinois adult use cannabis sales experienced a minimal increase in May compared to April.S&P Dow Jones has announced Canopy Growth will be removed from the S&P/TSX Composite Index, reports MJ Biz DailyMarijuana Moment reports that Minnesota’s tribal government may get a head start selling cannabis for the adult-use market before private businesses are approved by regulators.And more!Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Cannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:Minnesota Democratic Gov. Tim Walz signed a bill Tuesday to legalize recreational cannabis for people over the age of 21 starting in August, reports Huron Daily Tribune.As reported by Marijuana Moment, Florida’s Supreme Court is taking first steps to consider a legal challenge from Attorney General Ashley Moody (R), who is seeking to invalidate a cannabis legalization initiative that an industry-funded campaign is seeking to place on the 2024 ballot.MJ Biz Daily reports that Canopy Growth has reached a deal to acquire a 19.99% stake in edibles maker Indiva.Texas House-passed bills to decriminalize cannabis, facilitate expungements and allow chronic pain patients to access medical cannabis as an opioid alternative are officially dead for the year, reports Marijuana Moment.MJ Biz Daily reports that First-quarter cannabis sales in California slid to $1,249,584,223, the lowest quarterly total since the onset of the COVID-19 pandemic.Canada’s Competition Bureau has expressed its support for changes to cannabis legislation in order to boost competition and displace the illicit market, Proactive Investors reported.Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis Europa Tweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:States across the U.S. have collected a combined total of more than $15.1 billion in tax revenue from adult-use cannabis sales since 2014, reports Local News 8. Market Watch reports that Canopy Growth Corp.’s U.S.-listed stock rose 7% Monday after the Canadian cannabis company outlined its latest steps to enter the U.S. market.A coalition of cannabis advocacy groups, known as SAFE Banking for Equity, is demanding that senators expand financial inclusion and a rightful place for cannabis businesses on senior U.S. stock exchanges, reports Benzinga.Minnesota Gov. Tim Walz will sign an adult-use cannabis legalization bill into law that also allows cannabis companies to sell hemp-derived products including those that contain delta-8 THC, reports MJ Biz Daily.Marijuana Moment reports that a new federally funded study illustrates the difficulty of developing a breathalyzer-like device for cannabis.Fewer research analysts are covering the U.S. cannabis industry, reports MJ Biz Daily.Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis EuropaTweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow 😉This week's stories:Proactive Investors reports that numerous testimonies in favor of the SAFE Banking Act were not enough to push cannabis stocks higher on Thursday.Investopedia explores the best cannabis stocks in May 2023, highlighting that CRLBF, SNDL and GTBIF are taking the lead for value, growth and performance, respectivelyNew Hampshire’s Republican governor announced that he would sign an alternative proposal to enact legalization through a system of state-run stores, reports Marijuana Moment.A top California marijuana official says that the U.S. already has an established interstate cannabis market but it has just been unregulated, reports Marijuana Moment.Nearly 50 employees from Advance Grow Labs have formed the first cannabis union in Connecticut, reports MJ Biz Daily.Nationally, including medical and recreational markets, concentrate sales have jumped from some $1.9 billion in 2020 to $2.4 billion in 2022, reports MJ Biz Daily.Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live)Business of Cannabis: NYC SessionsCannabis EuropaTweet us and let us know your thoughts on today's episode, here.Email us about our stories, here.Missed the previous episode? You can catch up with it here.  About Cannabis Daily.Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.Visit Business of Cannabis online:http://businessofcannabis.comTwitter: https://twitter.com/bofc_mediaLinkedIn: https://www.linkedin.com/company/businessofcannabisInstagram: https://instagram.com/businessofcannabisFacebook: https://www.facebook.com/bofcmediaSpotify: http://bofc.me/spotifyApple: http://bofc.me/applepodPodcasts Online: https://bofc.me/bofclive
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