How to Invest in Cannabis Without Touching the Product
July 21, 2021 4 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. The cannabis industry in the United States has experienced a massive boom over the past few years. So much so that retailers have shifted strategies from simply being on shelves to working to establish brand identities that resonate with customers. That’s a sign of an industry that is here to stay. It’s no surprise, really. Together, the…
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Connecticut Legalizes Recreational Marijuana, Will Allow Employers to Continue Prohibiting Recreational Marijuana Use – JD Supra
Connecticut Governor Ned Lamont recently signed Senate Bill 1201, making Connecticut the 19th state to legalize recreational marijuana for adults 21 years or older. The new law not only requires expungement of certain existing marijuana convictions, but also creates employment protections for recreational marijuana users. While these protections are more limited than those recently recognized in neighboring states New York1 and New Jersey,2 Connecticut employers should review current policies and practices to ensure they are prepared for the changes by July 1, 2022, the effective date of the new employment provisions. Notably, the new law expressly permits employers to continue to prohibit…
Read More »You can study pot at UConn, but CT communities not rushing into marijuana economy – New Haven Register
Connecticut communities are proceeding with caution as the state navigates the early stages of legalized recreational marijuana. Gov. Ned Lamont made Connecticut the 19th state in the country to legalize recreational marijuana, signing a bill into law late last month that legislators has passed earlier this year. John Rosen, an economics professor at the University of New Haven, said Lamont and Connecticut lawmakers really had no choice given that neighboring states already had done so. “With Connecticut being a physically small state, people have been going to buy it in neighboring states,” he said. While experts are predicting certain aspects…
Read More »The $8 Billion Question: Which Towns Will Cash In on Marijuana? – The New York Times
On the West Coast, California and the neighboring states of Washington, Oregon, Nevada and Arizona, where marijuana is also legal, are likely to remain the country’s dominant market. In Massachusetts, the city of Easthampton, which opened its first dispensary in December 2018, and is close to at least five colleges, expects to be home to five dispensaries by the end of the year, the mayor, Nicole LaChapelle, said. The extra revenue has been tremendously helpful, she said, especially during the pandemic. A small 1,000-square-foot dispensary generated $84,000 in revenue for the city of roughly 16,000 in April, May and June…
Read More »Surgeon general backs cannabis decrim (Newsletter: July 19, 2021) – Marijuana Moment
MD House speaker: put marijuana on ballot; More cannabis protections in Congress; RI Senate pres’s legalization talks; IL cannabis $ for anti-violence Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Your good deed for the day: donate to an independent publisher like Marijuana Moment and ensure that as many voters as possible have access to the most in-depth cannabis reporting out there.Support our work at https://www.patreon.com/marijuanamoment/ TOP THINGS TO KNOWSurgeon General Vivek Murthy appeared to…
Read More »The hemp boom is over. What now? – The Columbian
Thousands of conventional farmers, marijuana growers and rookie entrepreneurs likewise rushed to plant hemp that year, eager to cash in on a newly legal crop. But rather than making a fortune, many lost one as their crops failed and the skyrocketing hemp supply depressed prices. Cyrus now has hundreds of thousands of pounds of hemp bagged up in his barn that he can’t sell for a break-even price. He’s not planting hemp this year, and he’s not alone. “There’s a lot of guys that just plain aren’t raising it this year,” said Cyrus, president of the Deschutes County Farm Bureau….
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Marijuana is legal in Connecticut, but some towns want little or no part of it – Hartford Courant
“We’re getting calls and emails about this, asking what’s allowed under the bill and trying to understand it,” said Mike Muszynski, state and federal relations manager for the Connecticut Conference of Municipalities. “We’re thinking of doing a webinar with municipal CEOs and attorneys to provide a framework about what’s allowed.”
Read More »Federal Marijuana Protections And Other Drug Policy Provisions Approved In New Spending Bills – Marijuana Moment
A powerful House committee on Thursday approved spending bills and related reports that touch on a wide range of marijuana and drug policy issues—including calls to remove roadblocks to research into cannabis, noting the lifesaving potential of safe consumption sites for illegal substances, recognizing the painkilling promise of the kratom plant and urging the development of technology to detect impairment from THC. Importantly, the legislation that cleared the House Appropriations Committee would also maintain an existing provision that shields state medical marijuana laws from intervention by the Justice Department. Rep. Barbara Lee (D-CA), co-chair of the Congressional Cannabis Caucus, thanked…
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