Welcome to another edition of the Cannabis Industry News Blog!
Hey there, fam! Welcome to the October 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!
We hope you are already prepared for the next Christmas season cause' this spooky season went flying too fast! If not, always remember to check our collections to upgrade your stock for the next holidays! 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!
- Alleged fake marijuana unions are expanding foothold across United States
Ascend Cannabis' adult-use marijuana store in Montclair, New Jersey, a prosperous suburb of New York City, possesses a distinctive quality. This highlights a "significant issue" in the cannabis industry, as labor unions assert that it hampers worker rights and evades otherwise stringent regulations governing the marijuana sector. Full Story HERE
- Putting It on for Sacramento!
Among the cities in California, Sacramento often goes unnoticed for its significant contributions to our collective culture. Renowned as the "City of Trees," it has emerged as a prominent center for the cannabis industry. However, beneath the surface, a thriving art community quietly fuels the visual aspects of this business. The Yellow Brick Group (YBG) crew exemplifies the prowess of these artistic wizards with their notable collaborations, including Alien Labs. Yet, YBG's impact extends beyond cannabis and echoes throughout their hometown. Full Story HERE
- Jimmy Kimmel Proclaims October 20—Snoop Dogg’s Birthday And Midpoint To 4/20—As New Marijuana Holiday Called ‘DoggFather’s Day’
So, get this! Comedian and late-night TV host Jimmy Kimmel just declared Snoop Dogg's birthday of October 20 as the "new high holiday" of DoggFather's Day. He's recognizing Snoop's "significant contributions to the popularization of marijuana." It's crazy, right? According to Kimmel, Snoop's birthday falls right in the middle of 4/20, which blows his mind. I mean, talk about a coincidence! This was all unveiled on Jimmy Kimmel Live last month. Full Story HERE
- Marijuana-friendly lodging guests are hungry for immersive experiences
Since it started 15 years ago, Airbnb has totally changed the game for renting out properties. Homeowners now have a platform to rent out their homes easily. And you know what? Other similar platforms have popped up, each catering to different needs. Can you believe it? Some of these platforms are even cool with marijuana-friendly listings. But get this: there are a couple of cannabis-specific platforms that have really made a name for themselves. Take Bud and Breakfast, based in California, for example. They've got around 3,000 listings! And then there's HiBnb, based in Ontario, Canada, with about 300 listings. It's an ever-evolving market, my friend! Full Story HERE
- McCormick Sues Cannabis Company Over Parody Sticker
Annapolis, Maryland-based cannabis company Crabcakes & Cannabis® had to pull a popular parody sticker. They received a cease-and-desist letter from McCormick & Company, Incorporated, the makers of Old Bay® seasoning. McCormick claimed that their sticker was too similar to the iconic Old Bay logo. Can you believe it? Full Story HERE
- USDA Says Genetically Modified Hemp Plant ‘May Be Safely Grown And Bred’ In The United States
The U.S. Department of Agriculture (USDA) just announced that a hemp plant, which has been genetically engineered by Growing Together Research, a biotech firm based in Fort Wayne, Indiana, can now be safely grown and bred in the United States. This plant produces lower levels of THC and cannabichromene (CBC). Pretty cool, right? But here's the twist - the same company is also working on increasing THC production in cannabis plants. Full Story HERE
- Tilray goes green in switch to hemp packaging for some cannabis products
Canadian cannabis producer Tilray Brands has started converting some of its packaging and product components to hemp to reduce the use of single-use plastics that end up in landfills. It's a growing problem in Canada's marijuana industry, as well as in other markets like the United States. But the good news is, Tilray is taking a major step to minimize plastic use. They're not only focusing on packaging, but also on pre-rolls and vape components. It's a significant commitment from a large Canadian cannabis producer. Full Story HERE
- Meta Sidesteps Ethics Board Recommendations on Drug Content Monitoring
So, here's the thing: Meta Platforms Inc., you know, Mark Zuckerberg's big tech giant responsible for Facebook and Instagram, has decided to ignore the advice from its ethics watchdog about managing posts related to psychedelics. It all started with a "paid partner" post back in 2022 that promoted ketamine treatment as a "medicine" and a "magical entry into another dimension." According to Bloomberg, this post has been going back and forth on the platform, like a law that gets implemented, then overturned, then reinstated, depending on who's in the White House. Crazy, right? Full Story HERE
- Nebraska Attorney General Files Lawsuits Over Delta-8 THC Products On Store Shelves
After a monthlong investigation, Attorney General Mike Hilgers (R) revealed that his office has filed lawsuits against retailers in at least 10 counties across the state. These lawsuits allege violations of consumer protection and deceptive trade practices laws. Specifically, his focus is on delta-8 products. It's important to note that these lawsuits, filed on Wednesday, are separate from any pending criminal investigations being conducted by local law enforcement agencies. Full Story HERE
- Traffic Fatalities Dropped in States With Legal Weed, Report Shows
According to a recent report by Quartz Advisor, it turns out that traffic fatalities have actually decreased in four states that legalized adult-use cannabis since 2016. Interestingly, there was a slight increase in fatalities in five states that have not legalized cannabis. However, the report also highlighted some anomalies. It's worth noting that there was a slight rise in traffic fatalities across the board during the pandemic years of 2020 and 2021. 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. Remember to subscribe to our newsletters and explore www.bddwholesale.com, where you'll find an extensive collection of top-notch smoke shop products and exciting new weekly arrivals. 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!