Leafpon

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…

May 7, 2020

Ineligible for Stimulus Relief Due to Federally Illegal Status, The Cannabis Industry Looks to SAFE Banking Act For Hope

Massachusetts’ marijuana sales were up to a whopping $157 million before dispensaries were forced to restrict recreational sales, now providing their services to medical consumers only. This move by Massachusetts, as well as other states, has proven to be a hindrance to the industry’s opportunity of being a titan during this time of economic upheaval. Though sales are still high in many areas…

April 25, 2020

US Cannabis Sales Show No Signs Of Slowing Since The Outbreak of COVID-19, But Where Does That Leave Cannabis Workers?

COVID-19 shook the business world this spring, and the cannabis industry has not been exempt from the repercussions. Now widely considered to be an essential business, pot is flying off of the shelves, which, among other things, shows that customers have been able to adapt right alongside the industry, despite a pandemic. Dispensaries with in-store availability are helping those without access to technology stay…