Barclays: U.S. Cannabis Market Worth $28B if Legalized Today
Thu / May 2nd
By 2028, the U.S. cannabis market could be worth $41 billion pre-tax, according to analysts at Barclays.
Ganjapreneur’s contributors are always working hard to keep you informed. Subscribe to our cannabis industry newsletter for daily articles from our talented crew of writers covering a wide array of topics including business, politics, and technology.
Thu / May 2nd
By 2028, the U.S. cannabis market could be worth $41 billion pre-tax, according to analysts at Barclays.
Thu / May 2nd
Based in Portland, Oregon, Cura Partners owns wholesale cannabis brand Select, which is sold at more than 900 retailers throughout the US.
Wed / May 1st
The SAFE Banking Act, which was co-sponsored by one-third of the House and one-fifth of the Senate, may never advance further than the Senate Banking Committee after the committee’s chair Sen. Mike Crapo (R-Idaho) said he would not commit to granting the legislation a hearing.
Wed / May 1st
New York-based cannabis investor Bob Broderick has announced a $9 million donation to MIT and Harvard for researching the cannabis plant.
Wed / May 1st
A bill to temporarily cap Oregon’s cannabis business licenses has passed the Senate and now moves to the House; Oregon currently has an oversupply of cannabis products that would last the state more than six years at current consumption rates.
Wed / May 1st
Green Cure Wellness Inc., a hopeful cannabis processing and dispensary facility in Detroit, has announced that it intends to offer free cannabis-related classes to individuals who have been previously convicted of cannabis crimes.
Tue / Apr 30th
Massachusetts’ cannabis regulatory body has offered preliminary support for allowing cannabis delivery options in the state. The cannabis agency is also looking at allowing social-use cannabis clubs.
Tue / Apr 30th
A bill that would expunge nearly 69,000 misdemeanor cannabis convictions in Washington state has been approved by both legislative bodies and now moves to Gov. Jay Inslee (D) for his signature.
Tue / Apr 30th
Connecticut lawmakers are hoping for a 20 percent overall tax on adult-use cannabis products with an optional 3 percent tax for local municipalities; the tax plan would keep Connecticut’s cannabis tax on par with neighboring Massachusetts.
Tue / Apr 30th
A bill eliminating Iowa’s 3% THC cap on medical cannabis products has passed both houses of the state legislature; it’s still unknown, however, whether the governor intends to sign the bill.
Mon / Apr 29th
Missouri officials have decided to award 60 medical cannabis cultivator licenses; additionally, 86 manufacturing licenses and 192 dispensary licenses will be issued.
Mon / Apr 29th
Utah is set to license 10 medical cannabis cultivators; outdoor cultivators will be allowed to grow up to four acres while indoor grows are limited to 100,000 square feet.
Mon / Apr 29th
Hawaii lawmakers have advanced a bill that would make the state’s temporary industrial hemp marketplace permanent; the governor is expected to sign the bill.
Mon / Apr 29th
Washington has established a clearer timeline for the official completion of the state’s long-awaited cannabis seed to sale traceability system.
Fri / Apr 26th
The majority of charges filed under the new law have pertained to the presence and placement of cannabis within the vehicle, not impairment.
Fri / Apr 26th
The survey also found that 84% of Americans favored cannabis legalization of some form.
Fri / Apr 26th
Iowa’s Republican Governor, Kim Reynolds, is expected to sign the bill into law.
Thu / Apr 25th
California Senator and 2020 presidential hopeful Kamala Harris said during a live-streamed interview on Wednesday that convicted cannabis dealers should be pardoned and given the opportunity to participate in the industry they pioneered.
Thu / Apr 25th
The U.S. Department of Agriculture has released guidance allowing farmers to import hemp seed from international industrial hemp markets — as long as said seeds are documented to produce plants containing less THC than the federal limit of 0.3 percent.
Thu / Apr 25th
Washington state’s cannabis regulatory authority has announced that, after a three-month hiatus from the testing requirements, cannabis products must once again be tested for heavy metals.
Thu / Apr 25th
The Cannabis Beverage Producers Alliance in Canada is pushing for changes to the country’s proposed cannabis edibles rules that would allow producers to manufacture infused beverages inside of facilities that also produce alcoholic beverages.
Thu / Apr 25th
Alabama’s Senate Judiciary Committee has approved a bill that would vastly overhaul and improve the state’s limited medical cannabis program.
Wed / Apr 24th
There were zero votes in opposition to the bill, which would legalize production of industrial hemp in Texas.
Wed / Apr 24th
The proposal would eliminate taxes on medical cannabis growers and allow vertical integration in the space.
Website & branding by the Ganjapreneur in-house agency:
Uplifted cannabis industry branding & marketing.