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Cannabis businesses often find it difficult to get banks willing to take them on as clients because of the risks posed by the federal prohibition of marijuana. Now new research has found that once a state legalizes cannabis , banking activity increases. While the study doesn’t dire...
America’s state-legal cannabis industry may be incredibly lucrative, but it is far from perfect. Barely more than a decade old, the sector is known for its patchwork laws and lack of standardization. For quite a while, industry stakeholders and reform activists have argued for the cre...
Last week, officials in California announced that the state had allocated $100 million in funding for the development of local cannabis markets, which would initially be used to help marijuana businesses become fully licensed. The California Department of Cannabis Control distributed the f...
Cannabis Strategic Ventures (OTCQB: NUGS) , an emerging leader in the U.S. cannabis marketplace, is one of the companies set to benefit as a growing number of Americans across various age groups and political affiliations support the legalization of cannabis. While cannabis remains an illeg...
America’s cannabis sector may have generated billions of dollars and created hundreds of thousands of new jobs, but its most significant achievement has been alleviating the effects of the drug war. Ostensibly started to reduce drug abuse rates and hit the criminal enterprises behind ...
An estimated 91% of U.S. adults (91%) say either that marijuana should be legal for medical and recreational use or that it should be legal for medical use only While cannabis remains an illegal substance federally, a growing number of states have legalized the substance An ...
Businesses in the cannabis space have always faced the risk of burglaries and robberies. For starters, they sell a product that is in extremely high demand both on the legal and black markets. Secondly, marijuana’s classification as a Schedule I controlled drug has made it difficult f...
Researchers from Brown University recently conducted a study that examined posts on Reddit that could help explain what may have influenced the shift observed in the support for cannabis legalization by the public. For several lawmakers and drug reform groups, the first thing to do was r...
Cannabis Strategic Ventures (OTCQB: NUGS) is an emerging leader in the U.S. cannabis marketplace. The company is beginning to deploy its newly acquired licenses, including the opening of its first Los Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary, as it takes key st...
A new survey has found that the use of cannabis by youths reduced considerably this year. The Monitoring the Future survey was funded by the National Institute on Drug Abuse. It has been tracking adolescent attitudes towards drugs and drug behavior since 1975. The self-reporting survey w...
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iPhone users will now be able to use their mobile phones to learn about how cannabis interacts with other drugs after the tech giant issued a software update that allows its customers to track medications. Apple has kept its eye on cannabis reform efforts over the years, steadily revising ...
Last week, the Oklahoma Supreme Court rejected a pair of legal challenges against a cannabis legalization proposal. The court afforded the petitioners a small window to request for a rehearing as it prepares to make a final ruling in the coming week on whether the proposal can be brought b...
Despite being prohibited in most areas for the past couple of decades, cannabis has been the most-used drug in the world for quite a while. As of July 2022, an estimated 200 million people used cannabis across the globe. Legalization efforts have significantly increased access to the contr...