Cannabis Business

71% of Americans Believe Cannabis Boosts State Economies, According to a Recent Survey

Leave a Comment / Cannabis And Culture, Cannabis Business, Cannabis News / By kushmediagroup

According to a survey conducted by Real Estate Witch, 71% of Americans think cannabis legalization is good for state economies, and while only 52% of respondents said they would consider purchasing a home directly next to an adult-use cannabis dispensary, 69% said they would purchase a home within a mile of such a business. Over […]

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New Measure Helping Cannabis Businesses in NJ

New Measure in New Jersey Helping Cannabis Businesses With 280E Workaround

Leave a Comment / Cannabis Business, Cannabis News / By kushmediagroup

Lawmakers in New Jersey have passed a measure allowing marijuana businesses to use a partial 280E workaround to claim state tax deductions. Even though federal deductions for the marijuana sector remain prohibited by Internal Revenue Service (IRS) code 280E, the New Jersey Assembly has advanced a bill that would allow licensed marijuana businesses to deduct

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Vote by D.C Committee to Eliminate Medical Marijuana Licenses Caps

Leave a Comment / Cannabis And Culture, Cannabis Business, Cannabis In Politics, Cannabis News / By kushmediagroup

Legislators in Washington, D.C., approved a bill that would fundamentally alter the District’s medical marijuana program in a number of ways, including by eliminating licensing caps for medical marijuana businesses, fostering social equity in the sector, and establishing new regulated business categories like cannabis cooking classes and on-site consumption facilities according to a report by

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Proposal for $200K in Grant Funds to Boost Hemp Industry in Pennsylvania

Leave a Comment / Cannabis And Culture, Cannabis Business, Cannabis News / By kushmediagroup

Pennsylvania officials are seeking proposals from nonprofit marketing and promotion groups for projects intended to boost the state’s hemp product sales, exports, or consumer awareness. The state Agriculture Department intends to provide $200,000 in matching funds with a minimum grant of $1,000 to cover up to 50% of the project costs. The awards “will fuel

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Medical Cannabis Sales Reach $205 Million in Arkansas

Leave a Comment / Cannabis Business, Cannabis News / By kushmediagroup

The Fort Smith Times Record reported that medical cannabis sales in Arkansas are already at $205 million so far this year which is on track to top last year’s totals. The main driver of this growth is the expansion of the qualifying conditions for medical cannabis use in Arkansas. In February of this year, the

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New Sales Record Hit in Michigan $212 Million for Cannabis

Leave a Comment / Cannabis Business, Cannabis Legalization, Cannabis News / By kushmediagroup

Michigan has seen a record-breaking month of marijuana sales for the third time in 2022, reaching $212 million in September. This total is about $2 million greater than the previous record in July and $17 million more than the earlier April record. Adult-use marijuana purchases totaled $195,349,995, while medical cannabis sales amounted to $16,629,957. The

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Job Growth in Agriculture Sector in Alaska Due to Cannabis Industry

Leave a Comment / Cannabis Business, Cannabis News / By kushmediagroup

According to a study by the Alaska Department of Labor and Workforce Development, the marijuana industry is the driving force behind Alaska’s agriculture sector, and the rise will continue over the next ten years. The study stated that marijuana will be a major factor in the farming, fishery, and forestry sector adding the most jobs

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First Cannabis Associates Degree Program in Illinois at Community College

Leave a Comment / Cannabis And Culture, Cannabis Business, Cannabis In Science & Health, Cannabis News / By kushmediagroup

Olive-Harvey College in Pullman, Illinois will offer a first-of-its-kind Associate Degree in Applied Cannabis Studies. The program will include courses in hemp horticulture, cannabis and the law, and basic chemistry. It is designed for students who want to work in the cannabis industry, either as growers or product manufacturers. The college has set up a

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Nevada Cannabis Regulators Reject Testing Lab’s Bid

Leave a Comment / Cannabis And Culture, Cannabis Business, Cannabis News / By kushmediagroup

The Cannabis Compliance Board voted unanimously to reject the motion to dismiss the disciplinary action against a Nevada testing lab. The lab will face disciplinary action for violations, including passing samples tainted by microbial contaminants. A cannabis testing laboratory was accused of intentionally manipulating THC levels reported by Las Vegas Review-Journal. Lettucetest LLC, formally known

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Social Equity Companies Exclusive Rights to Delivery Cannabis in Denver

Leave a Comment / Cannabis Business, Cannabis Legalization, Cannabis News / By kushmediagroup

Denver city officials are set to consider making cannabis delivery licenses permanently exclusive to social equity applicants. The move would give a leg up to entrepreneurs from disadvantaged backgrounds who have been disproportionately impacted by the War on Drugs. If approved, the measure would create a new category of cannabis delivery license specifically reserved for

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