Biden’s First Steps: President Joe Biden is taking his first major steps toward decriminalizing marijuana. Fulfilling a campaign pledge to erase prior all federal offenses and possession. Convictions and beginning the process of loosening federal classification of the drug. See the full story here!
New Jersey adult-use cannabis sales reaches nearly $80M New Jersey adult-use cannabis sales or businesses recorded nearly $79.7 million in total sales. Between April 21 and June 30 of the state’s second fiscal quarter. See the full story here.
by Elizabeth MorrisUS House passes marijuana research bill Senate expected to follow suit: The U.S. House of Representatives passed a revised bipartisan bill that would make it easier for researchers to study marijuana. The marijuana research bill passed Tuesday by a resounding vote of 325-95. See the full story here. #legalization#cannabisbusiness#cannabisfunding#cannabisfinancing#cannabislegalization
by Elizabeth MorrisThe majority of cannabis business owners stress out about costs every day overhead ratio. This makes it challenging to invest additional money in the company to grow it. How much overhead is too much? That is a ruse of a question. Focus on overhead as a ratio, as a percentage of sales, rather than as […]
by Elizabeth MorrisAs the Cannabis industry takes off in earnest. North American cannabis, investors are scrambling to choose between the available stocks in both the United States and Canada in a bid to enter the market before it takes off. However, it is essential to remember that the cannabis industry is global, just like many others, and […]
by Elizabeth MorrisTHE SAFE BANKING ACT AND THE 117TH CONGRESS During the 116th Congress, the SAFE Banking Act (Secure and Fair Enforcement-H.R. 1595/S. 1200) became the first cannabis-related bill passed by a chamber of Congress. In September of 2019, SAFE came to the House Floor and passed by a significant margin of 321-103. The SAFE Banking Act would allow banks and […]