A new adult-use cannabis dispensary is opening its doors in Yonkers Thursday, joining a small but growing number of legal, state-approved dispensaries in the county. The Plant, Yonkers’ first legal adult-use cannabis dispensary is hosting its grand opening at 3:30 p.m. Thursday, May 9, making it the seventh official dispensary in the Lower Hudson Valley […]
Tag: cannabis
Why Cannabis Companies Tilray, Canopy Growth, Cronos, and SNDL Got Really High on Tuesday
Shares of Canadian cannabis companies Tilray Brands (NASDAQ: TLRY), Canopy Growth Company (NASDAQ: CGC), Cronos Group (NASDAQ: CRON), and SNDL (NASDAQ: SNDL) exploded higher on Tuesday, rallying 41.7%, 67.5%, 15.7%, and 24.4%, respectively, as of 3:18 PM EDT. It wasn’t hard to figure out why cannabis stocks had across-the-board rallies today: The U.S. Drug Enforcement […]
Pot stocks jump as U.S. DOJ moves to reclassify cannabis as a less dangerous drug
By Tanay Dhumal (Reuters) -Shares of cannabis companies surged on Tuesday afternoon after the U.S. Department of Justice (DoJ) moved to reclassify marijuana as a less dangerous drug. U.S.-listed shares of Cronos Group, Tilray Brands and Canopy Growth rose between 14.9% and 67.7%, while ETF AdvisorShares Pure US Cannabis soared 24.8%. Canada-listed Green Thumb Industries […]
New Mexico governor criticizes Homeland Security secretary over cannabis seizures in secret recording
New Mexico Gov. Michelle Lujan Grisham criticized Department of Homeland Security Secretary Alejandro Mayorkas’ response to cannabis seizures by border patrol agents in the state during a recent phone call. The Democratic governor further complained that she feels “boxed in” by the federal government’s crackdown on New Mexico’s state-legal cannabis industry. Lujan Grisham’s comments came […]
Unionized cannabis workers picket Phoenix dispensary on 4/20 after contract negotiations stall
Amid 90-degree heat on Saturday and coinciding with 4/20, about two dozen unionized cannabis workers and supporters conducted a two-hour picket outside a Phoenix marijuana dispensary at the heart of stalled bargaining negotiations. Nicholas Fredrickson stood alongside fellow Curaleaf employees participating in the rally organized by the United Food and Commercial Workers International Union Local […]
Boston cannabis dispensary opens its doors on 4/20, adds to growing industry
On the unofficial holiday of 4/20, another dispensary opened its doors to new customers – part of the booming statewide cannabis industry. Rebelle on Albany Street in Boston is the first dispensary to open in the South End neighborhood. The company produces its own marijuana products while also selling other brands as well. Guillermo Erazo, […]
Cannabis seizures at checkpoints by US-Mexico border frustrate state-authorized pot industry
SANTA FE, N.M. (AP) — The U.S. Border Patrol is asserting its authority to seize cannabis shipments — including commercial, state-authorized supplies — as licensed cannabis providers file complaints that more than $300,000 worth of marijuana has been confiscated in recent months at highway checkpoints in southern New Mexico. New Mexico’s Democratic governor says the […]
Is cannabis actually green? Experts unpack the climate impacts of weed’s rising popularity
Cannabis is one of the fastest growing industries in the world, this year estimated to rake in more than $64 billion globally as more and more regions unravel marijuana prohibition. Germany became the third European country to legalize weed on April 1 this year, though only in limited amounts, while voters in states like Florida […]
West Milford wants to oust unlicensed cannabis retailers
On the brink of cannabis culture’s high holiday, April 20, West Milford officials called to oust the town’s unregulated cannabis retailers. Council members this week urged strict enforcement of local regulations regarding cannabis distribution, saying the prevalence of unlicensed shops has become a nuisance. As the only upper Passaic County town that permits cannabis retail […]
Kentucky governor announces lottery to award initial round of medical cannabis business licenses
FRANKFORT, Ky. (AP) — Kentucky will use a lottery system to award an initial round of licenses to businesses competing to participate in the state’s startup medical cannabis program, Gov. Andy Beshear announced Thursday. The governor called it a fair way to give each applicant that clears the screening process an opportunity to land a […]
6 events celebrating cannabis in Albuquerque
Apr. 18—You can celebrate cannabis at any of these six events taking place on April 20 in Albuquerque. This lineup of six diverse events catering to cannabis enthusiasts features live music, food trucks, beer and even a tour of cannabis shops around the city. New Mexico legalized cannabis for recreational use in 2022. To compile […]
The Best Cannabis Stock to Invest $1,000 in Right Now
Do you want to invest in the cannabis industry? One thing you should know off the bat is that marijuana legalization isn’t inevitable in the U.S., despite any news you may have heard about drug rescheduling or new bills in Congress. It’s important to get that out of the way, as many investors load up […]