Cannabis Product News Hemp Production News

Business & Management

November 13, 2019
Missouri Proposes Ban on Marijuana Businesses Paying Taxes in Cash

The Missouri Department of Health and Senior Services (DHSS) has drafted a new emergency rule to address how licensed and certified medical marijuana facilities should pay any taxes, fees and penalties due to Missouri state governmental entities. Under the rule, medical marijuana businesses submit payments via any method normally acceptable... more »

November 1, 2019
New Frontier Data Launches First Cannabis Data Marketplace

New Frontier Data, the authority in data, analytics and business intelligence for the global cannabis industry, is launching the first global and digital cannabis data marketplace on its online platform Equio. Industry researchers, business owners and firms interested in doing their own research on the cannabis industry can now download... more »

October 12, 2019
Trucking Group Backs Comprehensive Approach to Address Legalized Recreational Pot

The Board of Directors of the American Trucking Associations endorsed a new set of policies aimed at helping the industry continue to safely operate in an environment where more states are liberalizing laws related to the recreational use of marijuana. “ATA has long been an advocate for reducing impaired driving... more »

September 29, 2019
Green Thumb Industries Launches Illinois Pro Bono Cannabis License Application Assistance Program

Green Thumb Industries (GTI), a national cannabis consumer packaged goods company and owner of Rise and Essence retail stores, has launched the Illinois Social Equity License Application Assistance Program (LEAP). The program will help educate applicants about the adult use cannabis business application process and prepare them to apply for... more »

September 26, 2019
Industry Reacts to Passage of SAFE Banking Act

On Sept. 26 the U.S. House of Representatives passed the Secure and Fair Enforcement (SAFE) Banking Act, which would allow for cannabis-related businesses to use banking services. The bill, which was approved on a 321-103 vote with bipartisan support, now moves on to the Senate. During the House's debate, proponents... more »

September 25, 2019
Legal Cannabis Sales to Reach $30 Billion by 2025

A new report by New Frontier Data and Global Cannabinoids reports that legal sales of cannabis in current legal states are projected to grow at a compound annual growth rate (CAGR) of 14% over the next six years. Sales in these states is estimated to reach nearly $30 billion by... more »

September 5, 2019
James Maritime to Acquire Sweet Hemp Alabama

James Maritime Holdings Inc. has signed a binding agreement to acquire 100% of the stock of Sweet Hemp Alabama Inc., and a co-branding, distribution and marketing, and licensing agreement with Ellis Jaxon Farms. Sweet Hemp Alabama is a fully integrated hemp company that is a grower, processor and supplier of... more »
Fyllo cannabis advertising

September 4, 2019
Fyllo Raises $16 Million to Help Cannabis Brands Advertise

A Chicago-based startup has just raised $16 million in its first round of funding to help cannabis companies deliver industry-compliant ad campaigns. Founded this past April, Fyllo has created a marketing tech platform for the cannabis industry that helps brands execute and create ad campaigns that comply with state and... more »

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