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How playing in the carbon markets can benefit cannabis producers

Carbon is a hot commodity – literally. And it’s become the biggest buzzword in agriculture in recent months, as the potential for paying farmers to sequester carbon through environmentally responsible land stewardship becomes more likely after the U.S. re-enrolled in an international treaty on climate change and President Joe Biden proposed a carbon market to directly …

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Amazon is Not Supporting Legalization So They Can Deliver Weed, They Need Workers Who Can Pass a Drug Test!

Does Amazon want to sell cannabis and ship it someday?  Absolutely, they are already dabbling with prescription drug refills to a larger and larger test area now, but that is not the main goal with supporting marijuana legalization now, it is to expand their pool of eligible workers at $15 to $17 an hour.  The …

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Canada’s Regulated Marijuana Industry is Booming, But What About the Black Market Sales Numbers?

Canada, in particular, has done so well with its regulated cannabis industry, and a recent study revealed that 70% of participants purchased cannabis from the regulated market rather than the black market. Currently, Canada has one of the largest legal adult-based cannabis industries globally. Uruguay is the only country that has legalized adult-use thus far, but …

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Amazon endorses federal marijuana legalization, softens drug-testing policy

U.S. cannabis industry and federal lawmakers take notice: The nation’s second-largest company is embracing nationwide marijuana legalization. Online retail giant Amazon on Wednesday endorsed the U.S. House of Representatives’ federal marijuana reform bill and said it would no longer include cannabis in its drug screening process except for positions regulated by the U.S. Department of …

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New Mexico cannabis business spending $20 million-plus on expansion

New Mexico cannabis producer and retailer Ultra Health is spending more than $20 million to expand in anticipation of the state’s upcoming adult-use market. The Albuquerque-based company said in a Tuesday news release that the expansion will be funded by working capital cash reserves and will include: A 28-acre parcel of land with a 225,000-square-foot …

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Oregon Cannabis: Federal court dismisses claims brought by Oregon hemp company against police officers for seizure and destruction of hemp

Hemp farming is big business in southern Oregon. The investment needed to successfully plant, grow, harvest, and sell a hemp crop is substantial—in terms of both time money. Risks like drought, fire, pests, theft, and depressed prices add up to a business environment not for the faint of heart. Compounding these stressors are the risks …

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Massachusetts taking applications for marijuana delivery licenses

Massachusetts marijuana regulators are taking applications for cannabis delivery operators, a license type that’s earmarked for social equity participants and economic empowerment applicants for the first three years of the program. Massachusetts taking applications for marijuana delivery licenses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Thousands of rural California farmers still blocked from joining legal marijuana market

Almost 3½ years after California legalized recreational marijuana, the regulatory system governing the industry has proved so restrictive and costly that thousands of existing rural farmers have been unable to join the legal market. That estimate by industry insiders includes farmers that have been excluded in cannabis-friendly parts of the state, including the famed Emerald …

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