Day: December 29, 2021

Marijuana Bill in Turmoil: Mississippi Governor Hints, He’ll Veto Medical Marijuana Bill If Lawmakers Don’t Tap Purchase Limit

The governor of Mississippi is hinting he might veto a medical marijuana bill that lawmakers have been negotiating unless they sharply reduce the amount of cannabis it would allow patients to purchase. Gov. Tate Reeves (R) said in a Facebook post on Tuesday that he feels that 3.5 grams per day per patient is too …

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Curaleaf Introduces Fresh $211 Million Capital to Dive Deep In Arizona Acreages

Curaleaf Announces The Acquisition Of Bloom Dispensaries Bloom further strengthens Curaleaf’s presence in the highly attractive Arizona market, expanding the Company’s cultivation, processing, and retail assets in the state Acquisition will be immediately accretive to Curaleaf’s adjusted EBITDA margin upon close Upon close of recently announced acquisitions, the Company’s retail footprint increases to 16 dispensaries …

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GreenPee Company Installs Hemp-Based Urinals in Amsterdam to Put an Halt to “Wild Peeing”

Dutch company GreenPee has installed eight hemp-filled sustainable urinals in Amsterdam to combat an increase in people urinating in the streets after the coronavirus lockdown ended. Amsterdam council rushed to install the public urinals in the city centre as tourists returned and pubs reopened. Users urinate into the openings on the sides of the GreenPee planters, which have an internal tank filled with hemp …

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Illinois Stumps Nearly $100 Million Extra Tax Revenue from Marijuana compared to Alcohol in 2021

Illinois has generated almost $100 million more in tax revenue from adult-use marijuana sales than from alcohol in 2021, state data shows. And cannabis tax dollars have exceeded those for liquor every month since February. The trend is yet another example of the strength of Illinois’s recreational cannabis market, which launched in January 2020 and has …

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Lookout for These 8 Highly Anticipated Hemp Bills in 2022

Hemp industry members have seen increased legislative action on Capitol Hill over the past year to help push the industry forward. Industry insiders are encouraged by the momentum building among lawmakers from both major parties to support hemp production and clear the bottleneck keeping hemp-derived CBD from being regulated by the U.S. Food and Drug …

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India Takes First Steps To Declassify Hempseed-based Foods, Boost for Indigenous Hemp Market

Food safety authorities in India have approved hemp seeds, hemp seed oil and seed-based flour as food and food ingredients, signaling a first crack in the opening of a vast market of 1.4 billion consumers. The Food Safety and Security Authority of India (FSSAI) signed off on regulations last week that stakeholders say can help …

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Montana Recreational Marijuana Sales to Kick Start From January One: What to Expect & How to Enroll?

“There may not be much product available after the first couple of days, for several weeks.” By Max Savage Levenson, Montana Free Press On January 1, 2022, adult-use recreational marijuana will become available for purchase in Montana. The launch of the new market raises a wide range of questions, from how much marijuana an individual …

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