We’ve been talking about it for a while, and speculating on what to expect. Even as the cannabis industry takes a nose dive due to high regulatory and tax costs, it seems no lesson was learned for the legal psychedelics industry. Something made clear when an Oregon company released information for the first magic mushroom […]
Category Archives: Business
It’s a subject that comes up a lot, yet with little done to show the powers-that-be understand, or are willing to make useful changes. According to Whitney Economics, the already overtaxed cannabis industry paid an additional $1.8 billion in unnecessary taxes in 2022 alone. And to the federal government, no less. Why is this happening? […]
Some states get a lot of attention when they pass marijuana legalization bills, and some go more under the radar. The latter is the case with Delaware, which quietly passed a recreational bill last month. Read on for details. Delaware recreational cannabis legalization Delaware is a pretty small state, which might explain why its recreational […]
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After Tax Restructuring, California Weed Market Still Going Down
It was a big story last year when the state of California finally changed it cannabis tax structure so as to help its ailing weed market. But was enough done? Or even the right things? Now, many months after this tax restructuring, the California cannabis market looks like it might well tank out. How did […]
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Tilray Brands, And the Balance Between Cannabis and Beer
Like most big brands, cannabis company Tilray has had a difficult time. At least on the weed front. But unlike other brands, it’s not only invested in the weed industry; its also invested in the alcohol industry. In fact, Tilray Beer Brands, its division of craft beers, just reached #9 in sales volume for small […]
Recreational cannabis is now legal in New York. Theoretically, you can go into a dispensary and buy some cannabis and smoke/eat/drink/ingest it, or even open up your own cannabis business. There’s just one problem: there’s an indefinite license freeze going on right now, so nobody knows when new licenses will be rolled out. This article […]
Maryland was one of two states that passed a cannabis legalization measure in last November’s elections; and its not wasting time getting things started. Whereas some states take years to get measures approved, this state is doing it in less than one. With legislation recently signed, Maryland is set to open its adult-use market July […]
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New Twitter Cannabis Advertising Policy Creates Symbiotic Relationship
Advertising on social media is synonymous with running any kind of business; yet the weed industry gets shut out by harsh advertising restrictions. A recent announcement by Twitter about its new cannabis advertising policy looks to change this, and pave the way for marijuana brands to show their stuff on social media. Twitter first loosened […]
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Colorado Passed Psychedelics Regulation Bill
Colorado is getting it done, and getting it done fast. A bill just passed through both sides of the Colorado Congress, with regulation measures in accordance with the voted-in psychedelics legalization last fall. Now awaiting sign-off by the governor, this bill is the first one to get the new industry rolling. Read on for details. […]
Amid the haste and intensity of New York City, MJ Unpacked delivered a well organized, insightful showcase of brands and thought leaders. Inspiring conversations segued gracefully into networking opportunities. Exhibitors were thoughtfully arranged, subtly guiding 2,458 attendees from one area of interest to the next. All three days of the vent were consistently busy and […]