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'Innovation Starts At The Farm': How Cannabis Brands Balance Quality With Consumer Demand
Thursday, November 21, 2024 - 12:42pm | 492At the Cannabis Market Spotlight: California event in Anaheim, Lisa Weser, founder and CEO of Trailblaze, addressed a core debate within the cannabis industry: balancing consumer-driven product trends with a commitment to quality production. Weser, alongside other industry professionals, shared...
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From Tax Woes To Hemp Rules: Department Of Cannabis Control's Nicole Elliott Outlines Regulatory Goals
Thursday, November 21, 2024 - 11:19am | 370At the recent Cannabis Market Spotlight event in Anaheim, California, Department of Cannabis Control director Nicole Elliott addressed some of the state's pressing cannabis industry challenges, zeroing in on tax reform and hemp regulation as two priority areas. As the state's top cannabis...
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California's Cannabis Future: Why One Expert Believes The Market Will Hold Strong
Thursday, November 21, 2024 - 9:56am | 327In Anaheim at the recent Cannabis Market Spotlight: California event, seasoned cannabis entrepreneur Seth Yakatan shared his perspective on the cannabis industry's current landscape and future potential. Despite recent shifts in cannabis stock prices, Yakatan believes the sector remains...
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'Culture Is Not Something You Can Buy': Why Genuine Engagement Matters In Cannabis
Wednesday, November 20, 2024 - 5:00pm | 404At the recent Cannabis Market Spotlight: California event in Anaheim, Chelsea Kossower, Puffco's vice president of global expansion, emphasized the need for authenticity in the cannabis industry. Speaking to a crowd of industry peers and enthusiasts, Kossower addressed how brands can best connect...
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Cannabis 'Gifting' Shops Sue Washington DC Authorities Over Closures
Wednesday, November 13, 2024 - 5:52pm | 521A group of unlicensed cannabis retailers in Washington D.C. has filed a lawsuit against the District’s authorities, challenging enforcement measures targeting their businesses. The Alliance for Recreational Cannabis Entities, representing seven shops, is suing District of Columbia, Mayor...
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Schedule III 'Doesn't Do Much For Banking': What's Next For Cannabis Financial Access?
Tuesday, November 5, 2024 - 11:52am | 539Tyler Beuerlein, chief strategic business development officer at Safe Harbor Financial, recently outlined the ongoing challenges and solutions within cannabis banking in an exclusive interview with Benzinga. Operating across state-legal markets and Puerto Rico, Safe Harbor aims to provide compliant...
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Costa Rica Aims To Expand Hemp Sector With 57 Licenses And University Research—But Is Still Far From Its Target
Thursday, October 31, 2024 - 12:10pm | 493The hemp industry is advancing in Costa Rica. Between November 8, 2022 and September 3, 2024, the Ministry of Agriculture and Livestock (MAG) issued 57 licenses for hemp cultivation and derivative production. Each license is valid for six years. According to MAG data, these hemp licenses are...
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Trump, Harris And Cannabis Stocks: Are Election Results Already Priced In?
Wednesday, October 30, 2024 - 9:17pm | 1527The U.S. heads into another historical election, the outcome of which will have an effect on cannabis stocks. With both major candidates, Donald Trump and Kamala Harris, supporting cannabis reform, investors are closely watching the sector. These past few days, volatility has taken the stage as...
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Future-Proofing Cannabis Facilities: Grow America's Approach To Shifting Regulations
Wednesday, October 30, 2024 - 3:33pm | 621David Fettner, managing partner at Grow America Builders, recently shared his insights on the challenges of designing cannabis facilities that can adapt to changing regulations. Fettner, who spoke at the Benzinga Cannabis Capital Conference, emphasized the importance of future-proofing facilities...
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All Once Again Warned: Unregulated Cannabis Vapes Contain Dangerous Pesticides, Study Says
Friday, October 25, 2024 - 3:49pm | 557In a reminder of the dangers of the unregulated cannabis market, a new study from RPC Labs in New Brunswick, Canada, has revealed alarmingly high levels of chemical contaminants in illicit cannabis vape cartridges. This study, which looked at products seized by law enforcement earlier...
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Federal Govt. Awards $19.6M To Hemp Cultivation Initiative For Climate-Smart Water, Soil, Wildlife Conservation Effort
Friday, October 25, 2024 - 1:41pm | 568The National Hemp Association (NHA) has been awarded $19.6 million by the United States Department Of Agriculture (USDA) to lead a pioneering project. The project aims to protect the Chesapeake Bay Watershed through climate-smart industrial hemp cultivation. This initiative, funded by the USDA's...
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Cannabis Stocks Rally: Canopy, Aurora, SNDL, OrganiGram And Others See Gains
Friday, October 25, 2024 - 1:36pm | 1120Cannabis stocks are showing signs of recovery, with several major players gaining momentum on Friday. NASDAQ-listed Canopy Growth (NASDAQ:CGC), Aurora Cannabis (NASDAQ:ACB), SNDL (NASDAQ:SNDL) and OrganiGram Holdings (NASDAQ:OGI), among others, are all seeing upward trends in their...
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New Rules, Old Challenges: California's Cannabis Industry Grapples With Regulations
Friday, October 25, 2024 - 10:30am | 798Ahead of the Benzinga California Cannabis Market Spotlight event this November, it's crucial to understand the history and current status of California’s cannabis industry. As one of the most complex legal markets in the U.S., California has experienced both progress and ongoing hurdles...
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That Must Have Hurt: Unlicensed Cannabis Shop Owner Slapped With $9.5M Fine
Thursday, October 24, 2024 - 11:57pm | 481New York Attorney General Letitia James announced a $9.5 million judgment against George West, the owner of an unlicensed cannabis dispensary in Ontario County. This sentence followed his refusal to comply with a June 2023 order from the Office of Cannabis Management (OCM) to cease operations. West...
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Cannabis Pre-Rolls Set To Hit $4 Billion By 2025: Will US Market Follow Canada's Lead?
Thursday, October 24, 2024 - 12:07pm | 785Custom Cones USA is predicting a major shift in the cannabis industry, as pre-roll sales are expected to surpass those of traditional flower products in the U.S. This trend has already been observed in Canada, setting the stage for similar growth in the American market. The move toward pre-rolls is...