Welcome to another edition of the Cannabis Industry News Blog!
Hey there, fam! Welcome to the September 2023 edition of our Cannabis Industry News Blog! As we kick off another month, we're thrilled to bring you the top 10 news stories from the past month that every business owner in the industry should have on their radar for better insights!
As always, groundbreaking laws are reshaping the legal landscape and revolutionary product innovations are taking the market by storm, you will know everything in this edition. We'll explore the latest practices that are elevating the industry standards and go beyond the headlines to uncover the hidden gems that could give your operations a competitive edge.
So, grab your favorite beverage, get cozy, and prepare for an exhilarating read. We'll dive deep into the stories that rocked the scene last month, providing you with all the details and insights you need to stay ahead of the curve.
Are you ready? Let's dive right in and embark on this exciting journey together!
- Access to cannabis stores varies widely across US and Canada
The availability of recreational cannabis stores varies significantly across the United States and Canada, taking into account the population. Due to different state-by-state regulations, some markets offer consumers fewer retail choices. It's interesting how these factors can impact the options available to people. Full Story HERE
- Stephen Marley Discusses New Album ‘Old Soul’ with Clapton on Guitar, Bob Weir, Jack Johnson, and More
Old Soul is a captivating music experience that showcases a unique blend of original compositions and soulful renditions of timeless classics, spanning across reggae and beyond. Get ready to be transported on a musical journey filled with rich melodies, infectious rhythms, and heartfelt performances that will leave you craving for more. Full Story HERE
- Cannabis banking reform bill passes key Senate hearing
Hey, guess what? The latest federal cannabis banking reform in the United States just passed a markup hearing in the Senate Banking Committee on Wednesday! It's great to see bipartisan support for allowing state-legal marijuana businesses to access financial services. This sets up the bill for a full vote in the chamber. Exciting stuff, right? Full Story HERE
- Missouri Colleges Are Adding Cannabis Courses To Prepare Students For Careers In Legal Marijuana
The college introduced an intro to cannabis in fall 2021 and added a cannabis and hemp cultivation class last spring, co-taught by Vogan and a cultivation facility manager. This fall, an extractions class has been added. St. Louis Community College aims to gain program approval from the Missouri Department of Higher Education and Workforce Development. Truman's and Southeast Missouri State University's cannabis programs have already been approved. Full Story HERE
- Two People Charged for Pot Every Hour, Every Day in Kentucky, Data Shows
Even though public opinion about cannabis has changed dramatically in America, law enforcement agents in Kentucky are still charging individuals with cannabis-related offenses. They are committed to upholding the existing legislation and have been consistent in enforcing the law, just as we've observed with other offenses in the state. Full Story HERE
- State regulators want Congress to redefine regulate hemp, delta-8 THC
Hey there! An association of state cannabis regulators is actually asking Congress to include some new rules governing hemp in the next Farm Bill. They're looking to define what exactly constitutes "hemp" versus marijuana and also regulate hemp-derived cannabinoids. If these rules are adopted, it could have some pretty significant implications for products that contain hemp-derived, intoxicating cannabinoids like delta-8 THC. Pretty interesting stuff, right? Full Story HERE (https://mjbizdaily.com/state-regulators-want-congress-to-redefine-regulate-hemp-delta-8-thc/)
- Cannabeginners: What Are Synthetic Cannabinoids?
Synthetic cannabinoids, also known as spice and K2 in many places or "dappou herb" in Japan, are man-made chemicals that interact with the body's endocannabinoid system. They mimic the effects of natural cannabinoids like phytocannabinoids or endocannabinoids. The thing is, they're not really cannabinoids in the true sense. Their effects can be quite unpredictable and, sadly, even dangerous at times. So, it's best to steer clear of them. Stay safe, folks! Full Story HERE
- New Mexico Sets New Marijuana Sales Record, With $48 Million In Purchases In August
New Mexico just broke a new record for marijuana sales in August! According to state data, they raked in over $48 million from both medical and adult-use cannabis purchases. Can you believe it? The New Mexico Regulation & Licensing Department's cannabis reporting portal reveals that recreational marijuana sales hit $34,707,557, while medical cannabis brought in $13,525,500 last month. That's a whopping total of $48,233,057! And get this: these mind-blowing numbers came from 1,095,922 marijuana transactions at the state's 1,021 licensed retailers. Talk about a thriving market! Full Story HERE
- First Cannabis Ads Coming Soon to Spotify
Hey, guess what? The ads you hear on your favorite podcast might soon include cannabis commercials alongside beer companies and underwear start-ups. Cresco Labs Inc., a marijuana company based in Chicago, just made the exciting announcement that they will be the first cannabis company to launch cannabis advertisements on Spotify. Yep, you heard it right, Spotify, the audio streaming service with over 551 million users and 220 million subscribers. Pretty cool, huh? Full Story HERE
- Colorado’s Cannabis Party Buses Keep Chugging Along
Check out Colorado's newest cannabis entrepreneurs: bus drivers! Earlier this year, the state started issuing licenses to businesses offering 4/20-friendly bus tours. The first business, Cannabis Experience, hit the road in early March in Denver. Pretty cool, right? Full Story HERE
And there you have it again! Embrace the opportunity to make the most of it by expanding your market with these new trends. Explore www.bddwholesale.com, where you'll find an extensive collection of top-notch smoke shop products and exciting new weekly arrivals. We have everything you need: high-quality grinders, cutting-edge vapes, reliable cartridges, sleek glass trays, innovative rigs, stylish bongs, smooth water pipes, flavorful wraps, and potent dabs! Take a peek and discover what captures your interest. Your store's next favorite product might just be waiting for you!
Stay tuned for next month's edition, fam! We'll serve even more mind-blowing industry news to keep you on the edge of your seat! See you soon Fam!