Blog

June 8, 2020

Cannabis Businesses Owners Largely Lay Blame For Rampant Product Theft and Property Damage On ‘The System’ – Not Looters.

“Our shop can be rebuilt, but the black lives taken by the police, again and again, are gone forever,” wrote operator of the dispensary Magnolia Wellness Debby Goldsberry on Facebook this week. Though criticized for its lack of inclusion of black-owned companies, The marijuana industry has largely shown its support of the protests, joining arenas of commerce such as Beauty, Retail and Food…

May 29, 2020

Vulnerable Marijuana Industry Restlessly Awaits Senate’s Decision In Passing SAFE Banking Act

In the United States, The Marijuana Industry has seen limited expansion and slowed gains at the stock market, resulting from the COVID-19 pandemic’s consequence of widespread unemployment. Plagued by the 2019’s inconsistent acquisitions, investors may view future involvement with Big Cannabis as very risky, despite its high demand among the depressed and anxious, and its status as an essential service. In the state…

May 22, 2020

As COVID-19 Halts Cannabis Bills Across the Country, Attorney’s General Urges Congress to Pass SAFE Banking Act

To pot consumers since COVID-19 broke, marijuana has been a trusty mainstay. In Oregon alone, $89 million was made in April, breaking its record of sales for the second month in a row. Per Kyle Iboshi of Oregon’s KGW8 news station, federally legalizing marijuana would garner “[a] tremendous tax revenue at a time when other sources like personal income tax or lottery revenues…

May 16, 2020

COVID-19 vs. The Pot Industry: A Cannabis Terpene Formulation, Inclusion in Stimulus Relief Bill, and…Federal Equality?

In the early months of 2020, Covid-19 fell upon the US, having an unforeseen impact on the marijuana industry. Not only has pot been solidified as a staple of American life, but through the difficulties braved by companies in the face of rampant business closures, dispensaries’ delivery services were actually able to help Big Marijuana emerge as a dark horse in the race…