Senator Cory Gardner has got an assurance from President Trump that the federal government will not interfere with Colorado’s legal marijuana industry. Read more about how Trump administration has abandoned the crackdown on legal marijuana. The Trump administration is abandoning a Justice Department threat to crack down on recreational marijuana in states where it is legal, a ... Continue Reading
marijuana industry
Is Legal Cannabis Big Money for Big Tobacco?
The nation’s most popular illicit drug becoming legal means big money for big companies. This post from Observer highlights how Big Tobacco is making power moves on legal cannabis! “We are in the business of relaxing people who are tense and providing a pick up for people who are bored or depressed. The human needs that our product fills will not go away. Thus, the only real ... Continue Reading
The City That Sold More Legal Cannabis Than Alcohol
Legal cannabis sales overtook those of alcohol in this US city for the first time in 2017. Read more, to find out the reasons for the growth in cannabis sales, in this post from The Independent. Sales of marijuana have overtaken alcohol in a city in Colorado, three years after the state became the first in the US to legalise recreational use of the drug. Licensed vendors ... Continue Reading
Growth Spurt Seen in Cannabis-Adjacent Areas
Businesses offering products and services that "don't touch the plant" operate without the restrictions that are common for cannabis companies. This post from Forbes highlights the businesses in cannabis-adjacent areas that entrepreneurs are carving a niche in. Cannabis-related products and services that “don’t touch the plant,” are subject to less risk from federal ... Continue Reading
Fast Foods at A High with Rise in Cannabis Use
Marijuana stocks are doing well but they're not alone. This post from host.madison.com reveals some fast-food chains have been gaining big from a rise in cannabis use. At the federal level, marijuana is a wholly illegal substance currently categorized as schedule I. As a schedule I drug, it has no recognized medical benefits, and is thusly considered to be just as dangerous ... Continue Reading