Cannabis sales stall by the millions in San Francisco as dispensary owners bemoan black market operations
Cannabis sales in San Francisco have failed to hit the $50 million mark for the quarter for the first time in five years, California tax officials said. The city recorded $46.7 million in taxable cannabis sales in the first three months of 2024. The figure represents a $5.6 million decrease from the last quarter and a […]
Cannabis tax attorney running against GOP’s Stefanik floats ‘re-education camp’ for ‘MAGA’ Trump supporters after election
A marijuana tax lawyer who is running against Republican U.S. Rep. Elise Stefanik in New York’s 21st Congressional District has floated the idea of ”re-education camps” for former President Donald Trump’s “MAGA” supporters after the November election. Fox News reported. Democratic Rep. Paula Collins made the remarks during a town hall meeting held on Zoom […]
New study finds that cannabis poisonings among senior citizens have tripled
The push to legalize cannabis has led to a significant increase in poisonings and visits to hospital emergency rooms, a newly-released Canadian study revealed. Researchers analyzed “the association between edible cannabis legalization and emergency department (ED) visits for cannabis poisoning” in adults in Ontario, Canada, who were 65 years old and older. The study found that […]
Hochul admin quietly puts brakes on alleged ‘predatory’ cannabis funding program
The Hochul administration has quietly put the brakes on a multimillion-dollar fund designed to help underprivileged people open cannabis stores, instead creating a predatory and potentially draining state fund. It is said that last month, bomb report Officials with the Department of State Dormitory Services (DASNY), which oversees the funding program, are working with private […]
Cannabis cops uproot illegal weed shop in heart of Queens business district
As part of Mayor Eric Adams’ newly announced crackdown on defamation, city marijuana cops raided and shut down illegal marijuana stores in the heart of Queens’ business district. The Big Apple Sheriff’s Department and NYPD have shut down Western Green, an unlicensed smoke shop located at 81-27 Lefferts Street. Thursday at Kew Gardens. Authorities seized […]
Investors wary of US cannabis ETFs despite recent rally
Ali McCartney, Managing Director of UBS Private Wealth Management, discusses how geopolitical tensions are impacting the market on how money is made. Despite this year’s strong performance, new proposed federal rules governing marijuana have so far failed to spark new buying interest in exchange-traded funds (ETFs) that track stocks of North American cannabis companies. has […]
DEA Expected To Reclassify Cannabis In ‘Historic’ Shift
People celebrating 420 years at Washington Square Park in New York City on April 20, 2024 (Photo by LEONARDO MUNOZ/AFP) (Photo by LEONARDO MUNOZ/AFP, Getty Images) OAN’s Brooke Mallory4:31pm – Tuesday, April 30, 2024 President Joe Biden has called for an overhaul of marijuana laws as he pursues reform advocates to boost his re-election campaign, […]
Brittney Griner Blames Leaving Cannabis Cartridge in Luggage on ‘Mental Lapse’
WNBA star Brittney Griner, who was arrested at a Moscow airport in 2022 for possessing an illegal marijuana cartridge, claims she was “mentally deranged” because she forgot to remove the cartridge before being searched. Greiner served 10 months in prison for possessing cannabis cartridges, which are illegal in Russia, and was released in a prisoner […]
Don’t flood market with legal pot shops, NY cannabis industry warns
Groups representing the legal cannabis industry have told Governor Hochul’s cannabis regulator that a dramatic increase in the number of cannabis dispensaries could have “dire consequences” for current licensed operators. He warns. Damian Cornwell, president of the New York Cannabis Association, noted that state regulators have not yet eliminated the swarm of illegal cannabis operators. […]
Ella Emhoff opens textile art show at NYC cannabis shop
Look out, Hunter Biden – another artist with ties to the White House is emerging on the New York art scene. Vice President Kamala Harris’ stepdaughter held a textile exhibit Thursday at a Lower East Side cannabis store, where she sold knitted portraits for thousands of dollars. Ella Emhoff, whose father is Second Gentleman Doug […]