Untapped Potential of Banking in the Cannabis Industry: Billions to Be Gained by 2035
Commercial Banking stands to profit billions from the rapidly growing cannabis industry by 2035, provided they navigate regulatory challenges and embrace compliance frameworks. The marijuana industry is on a meteoric rise, and financial institutions are poised to tap into a gold mine. A recent report by CTrust, Whitney Economics, and Green Check Verified projects that […]
The Challenging Impact of Chinese-Funded Cannabis Farms in New Mexico
Chinese-funded cannabis farms in New Mexico are raising concerns over labor practices and their impact on local communities, highlighting the need for stricter regulation and enforcement. New Mexico’s cannabis industry has grown rapidly since the state legalized recreational marijuana, attracting interest from diverse investors. One significant and controversial development is the rise of Chinese-funded cannabis […]
Federal Court Upholds Order Requiring Alaska Airlines to Rehire Worker Fired Over Positive Marijuana Test
A federal court ruling upholds the reinstatement of an Alaska Airlines worker fired over cannabis use, highlighting the evolving legal landscape and employee rights in states where marijuana is legal. In a significant ruling, a federal court has upheld an arbitration order requiring Alaska Airlines to rehire a long-standing employee who was terminated after testing […]
Maternal Cannabis Use: Key Insights on Risks and Benefits
New research suggests early maternal cannabis use may not pose significant developmental risks, but health experts urge caution as legal and social challenges persist. Cannabis use has increasingly become a topic of open discussion, especially as its medicinal benefits and widespread legalization gain traction. Yet, one area where public opinion, research, and legal implications remain […]
Snoop Dogg Lights Up the Today Show with Cannabis-Themed Weather Forecast
Snoop Dogg’s cannabis-themed weather forecast on the Today Show highlights the growing acceptance of cannabis culture in mainstream media. In an unexpected, refreshing twist on your typical morning weather update, Snoop Dogg took center stage on the Today Show to deliver a cannabis-themed forecast. The legendary rapper and well-known cannabis advocate turned weatherman for the […]
Massachusetts Voters Fiercely Split on Psychedelics Law
Massachusetts voters are split on the legalization of psychedelics, with the outcome of the upcoming ballot initiative potentially shaping the future of mental health treatment and drug policy. As Massachusetts gears up for its next major election, the state finds itself at a pivotal crossroads on an issue that’s been stirring national debate: psychedelics legalization. […]
Portland Dispensary Shooting Exposes Cannabis Industry’s Cash-Driven Dangers
A fatal shooting at a Portland dispensary has reignited the conversation about the inherent risks faced by businesses in the legal cannabis sector. The tragic event, which occurred during an attempted robbery, serves as a stark reminder of the vulnerabilities that cannabis dispensaries face, particularly those still forced to operate in a predominantly cash-only environment. […]
Trucker Fired Over CBD Drug Test Takes Case to Supreme Court
A truck driver fired for failing a CBD drug test is challenging the case in the U.S. Supreme Court, potentially reshaping CBD industry regulations. In what could become a pivotal moment for both the CBD and employment sectors, the U.S. Supreme Court recently heard arguments in a case that could reshape how cannabis-derived CBD products […]
Pennsylvania Marijuana Arrest Epidemic Prompts Urgent Need for Reform, Justice
Pennsylvania’s outdated marijuana laws disproportionately harm marginalized communities and hinder economic potential, making reform urgently necessary. Pennsylvania continues to lag behind its neighbors in the movement toward marijuana legalization. As states across the country increasingly decriminalize or legalize cannabis, Pennsylvania clings to outdated policies that are not only economically inefficient but socially damaging. Recent data […]
Florida’s Push Toward Legalizing Adult-Use Cannabis: Is 2024 the Year?
Florida’s Amendment 3 offers a chance to legalize adult-use cannabis, but it faces opposition and must overcome the challenge of securing a 60% supermajority vote in the 2024 election. As Florida braces for the 2024 elections, few topics are as charged as the potential legalization of adult-use cannabis. Amendment 3, now slated to appear on […]
Rhode Island’s Hybrid Lottery System for Cannabis Retail Licenses: A Step Forward, But With Some Questions
Rhode Island’s hybrid lottery system aims to balance fairness and efficiency in cannabis retail licensing but raises questions about whether it can truly overcome the challenges faced by similar systems in other states. Rhode Island is making headlines by introducing a hybrid lottery system to distribute new cannabis retail licenses, a decision that is being […]
Trump’s Flip-Flop on Marijuana: A Timely Shift as He Endorses Florida’s Amendment 3
Trump’s support for Florida’s marijuana legalization adds political weight, highlighting the state’s growing cannabis debate. In a move that’s left some scratching their heads, former President Donald Trump has endorsed Florida’s Amendment 3, a ballot initiative aimed at legalizing recreational marijuana for adults 21 and older. His comments have even given fodder to his opponent, […]