Category: Cannabis Svg

Cannabis-related items now allowed to be sold at licensed stores

The Province announced Friday that private licensed cannabis retail stores can now sell cannabis-related items such as clothing, and books. The Ministry of Public Safety says this provides customers more options and stores additional revenue streams. “Expanding the range of items available through private licensees will provide further support to a thriving, legal cannabis sector…

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German cannabis firm shares pop after new government pledges to legalize the drug

Shares of German cannabis company SynBiotic rose sharply on Thursday shortly after the incoming government pledged to make the drug legal. The Munich-based company’s shares were up 33% to 29 euros ($33) on the Frankfurt stock exchange. The company now has a market cap of over 100 million euros. A deal was reached on Wednesday…

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What are the health benefits and risks of marijuana?

Cannabis — also referred to as marijuana — is a psychoactive drug that many people use for recreational purposes and its purported medicinal benefits. But what does recent research say about it? Do the risks trump the benefits? At the time of writing this feature, in the United States, 36 states and four territories have…

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Northern California’s billion-dollar cannabis industry sees big issues to resolve

By revenue to state coffers alone, legal cannabis is a huge industry. The Business Journal reported last month that since January 2018 when the California legal cannabis permitting program was up and running, the total tax revenue gained by the state to date amounts to $2.8 billion. But the industry continues to deal with what…

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Canada’s first regulated cannabis suppositories target female consumers

Alberta licensed cannabis producer Prairie Grass says its new line of cannabis suppositories are the first to hit Canada’s regulated marijuana market and the company hopes the niche products will address market demand from female consumers. The female-founded company recognized “a gap in the market for cannabis directed towards female health and wellness,” said Rebecca…

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Cost of cannabis rising? Tax hike set for January

REDDING, Calif. — A scheduled tax increase on California’s legal marijuana growers has those in the industry worried. A busy morning at the Sundial Collective in Redding where cannabis goes for anywhere from $50 to $700 an ounce. Owner and CEO Lathen Martines says, right now, a state excise tax, sales tax, and a 5%…

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Lawmakers propose big changes to cannabis compound Delta 8

LEE COUNTY, Fla. – There are more than 100 compounds found in the cannabis plant including CBD which doesn’t get you high. Delta 9 THC is the compound that does get you high and to legally get it in Florida you must be a medical marijuana patient. Then there’s Delta-8 THC which has gained a…

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