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Industry & Business
Corporate developments, investments, acquisitions, and global cannabis business insights

Feds say cannabis is a “deadly” drug (Newsletter: October 2,

CA marijuana tax break in effect; OR officials defend cannabis industry labor law; MA psychedelics vote; TX ag commissioner on hemp; NE licenses delay Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana…

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Gavin Newsom Jokes He’ll Legalize Marijuana As ‘Leader Of The

Keeping with his recent parody of President Donald Trump’s social media style, California Gov. Gavin Newsom (D) said on Wednesday that he’s assuming the role of “leader of the free world” in light of the federal government shutdown—and part of his platform will be to legalize marijuana. People will be “high on patriotism,” he said…

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Why You Shouldn’t Trust the Anti-Weed Lobby Smart Approaches to

On August 25, the nonprofit group Smart Approaches to Marijuana (SAM) sent a letter to President Donald Trump, calling on him not to approve a pending proposal to reclassify cannabis under federal law. In the letter, SAM warned the president that rescheduling marijuana under the federal Controlled Substances Act would lead to significant adverse outcomes.…

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The Nug Bunny’s Fall: When Cannabis Activism Meets Reality

The Nug Bunny’s Fall: When Cannabis Activism Meets Reality Well, well, well. Remember our friend from Lufkin, Texas – the one I dubbed the “Nug Bunny” back during April’s 420 celebrations? The guy who thought it would be brilliant to hide marijuana-filled Easter eggs around public parks and then broadcast his location on social media…

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Kansas Law Enforcement Launches Raids Against ‘Brazen’ Cannabis Sales In

“The places that we’ve identified today are nothing but weed dealers in strip malls.” By Sherman Smith, Kansas Reflector Kansas Bureau of Investigation director Tony Mattivi and Attorney General Kris Kobach (R) announced a crackdown Wednesday on “brazen” sales of marijuana and THC products as law enforcement raided 10 shops in six cities across the…

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New York Lawmakers Hold Hearing Psilocybin’s Medical Benefits Amid Broader

Lawmakers in New York are revisiting the possibility of reforming the state’s laws related to psychedelics, convening a hearing to take testimony about the potential health benefits psilocybin. On Tuesday, the Assembly Health Committee spent hours discussing the the medical value of the main ingredient in so-called “magic mushrooms,” with numerous experts and advocates speaking…

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The Cost of Doing Nothing: How Delay and Indecision Are

“If you need a machine and don’t buy it, then you will ultimately find that you have paid for it and don’t have it.” – Henry Ford​Few quotes better capture the current state of decision-making in controlled environment agriculture (CEA), cannabis cultivation, and greenhouse operations than this one from Henry Ford. Across the industry, operators…

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From Prison to Purpose: Deshaun Durham’s Fight for Cannabis Justice

Eight months ago, Deshaun Durham walked out of a Kansas prison two weeks before Christmas. He had been sentenced to serve eight years for cannabis possession, two pounds that in a legal state might barely raise an eyebrow. In Kansas, it was enough to brand him a felon, strip away his freedom, and nearly derail…

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‘It’s Complicated In India…’: Cannabis Myths & Realities in the

Lately, the Western world has been peeking into India through social media: quirky tourist spots (there’s a temple filled with rats!), the timeless beauty of the Taj Mahal, unsanitary but viral street food clips, Goa’s trippy nightlife, and the country’s obsession with Argentina’s national soccer team. No wonder so many content creators and tourists are…

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Michigan Marijuana Industry Rallies Against Tax Hike Proposal That’s Advancing

“Our industry is not their piggy bank. Our wallets are not their budget overruns.” By Ben Solis, Michigan Advance The proposed new wholesale tax on marijuana products to fund road repairs in the next state budget and years down the road is much too high and would result in job losses for a booming Michigan…

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