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Fred McKinney announcing the Cannabis Manifesto at a Feb. 24 press conference.Photo by Justin McGown. The Alliance for Cannabis Equity (ACE), a collaboration between Connecticut Community Outreach Revitalization Program (ConnCORP) and The WorkPlace, a Bridgeport-based incubator and workforce development board, has released the Cannabis Manifesto, a document designed to aid Black and Hispanic entrepreneurs and workers in understanding how they can take full advantage of the emerging recreational marijuana industry in Connecticut. The 93-page manifesto, which was published online, is designed to lay out the organization’s mission and goals and serve as a reference document for those seeking to understand…

With at least five competing cannabis legalization bills in play this session in Maryland, the state’s Senate president weighed in on Friday about how he’d like to see lawmakers proceed during the remaining weeks of the legislative session. The House of Delegates passed legislation last week that would ask voters whether to legalize cannabis for adults in the state, as well as a separate bill that lays out related criminal justice reforms. On the Senate side, two competing proposals have been introduced and are pending in committee: One that would legalize cannabis directly later this year as well as another…

For several years, Innovative Industrial Properties (NYSE:IIPR) was the only publicly traded REIT to specialize in the operation and leasing of real estate in medical marijuana properties. Being the first and only company in the space paid off big for IIPR and its shareholders, myself included. IIPR produced an annualized return of 67% for the past five years, and share prices grew over 1,000% during that time. IIPR’s explosive growth has left some investors feeling they missed their chance to invest in this budding sector, but IIPR has new competition. NewLake Capital Partners (OTC:NLCP) is the latest publicly traded REIT…

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Data from BDSA suggested cannabis sales were very sluggish across the U.S. in January Hifyre data suggested a that cannabis sales in February were similar on a per-day basis to January Illinois adult-use sales of $114 million in February grew 41% from a year ago and increased on a per-day basis from January 420 Investor model portfolios have returned -18.0% to -13.2% year-to-date, while the Global Cannabis Stock Index has lost 20.3% Review BDSA data for January…

With at least five competing cannabis legalization bills in play this session in Maryland, the state’s Senate president weighed in on Friday about how he’d like to see lawmakers proceed during the remaining weeks of the legislative session. The House of Delegates passed legislation last week that would ask voters whether to legalize cannabis for adults in the state, as well as a separate bill that lays out related criminal justice reforms. On the Senate side, two competing proposals have been introduced and are pending in committee: One that would legalize cannabis directly later this year as well as another…