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Two AZ operating publicly traded cannabis companies & their divergent approaches to the Arizona market. One holds, one sells

Not even Kenny Rogers could read the tea leaves in Arizona but we will try. It is no secret that various Arizona cannabis companies take very different financial approaches to the Arizona limited license market, but when assets are valued near $10 million for a paper license alone, is it a sell, buy, or a …

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President Trump Supports State-Level Marijuana Legalization

ORIGINAL REPORTING By Matt Brooks The Trump administration will not stand in the way of states setting their own marijuana policies, according to the president’s most recent statement on the issue. President Trump was responding to a question from DC Examiner journalist Steven Nelson, who asked whether marijuana would be legalized at the federal level before …

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U.S. Sales of Cannabis Projected to Reach $30 Billion by 2023 and $66.3 Billion by 2025

Sales of legal cannabis in the U.S. amounted to nearly $10 billion in 2018. New Frontier Data’s Hemp Business Journal estimates that, in leading all hemp product categories, the hemp-derived CBD market was a $390 million-dollar market in 2018. The reports said that the cannabis market is expected to grow at a rate of 21% per year between now and 2021. This will …

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AARP: Your Questions Answered and What We Know Today

ORIGINAL REPORTING By Sari Harrar, AARP Medical marijuana has been legalized in 33 states, and many medical experts now approve of its use for particular conditions that affect Americans over the age of 50. This year, the AARP Board of Directors considered the emerging evidence suggesting that marijuana is helpful in treating such conditions and symptoms, …

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Testing Advisory Council Wants You!

“Senate Bill 1494 requires the Department to establish an advisory council to provide recommendations to the Department regarding medical marijuana testing. The Department is required to submit a report of the advisory council’s findings and recommendations by December 31, 2019.” When SB1494 passed, it passed not only a 2-year mmj cards but passed mandatory testing …

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Retired cop guides Arizona seniors as medical cannabis coach

ORIGINAL REPORTING By  Andrew Brown, for Arizona Public Media Check out this story we curated from PBS about a retired cop who helps seniors get a better understanding of medical marijuana.. they call him a cannabis coach! Read the story below… As medical marijuana has become legal in much of the U.S., more senior citizens …

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Cannabis Group Weekly Alert – July 2019

This week: A Senate hearing on cannabis banking legislation; FDA sends Curaleaf a letter alleging that certain CBD products are unapproved and misbranded drugs in violation of the FD&C; While states continue to embrace industrial hemp. Federal The Senate Committee on Banking, Housing, and Urban Affairs conducted a hearing entitled, “Challenges for Cannabis and Banking: Outside …

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National News Briefs

arizona marijuna

BY DR LLOYD COVENS Industry Pioneer Harborside Goes Corporate As HBOR The 10-year struggle of Steve DeAngelo (and brother Andrew behind him) to fight asset forfeiture and bad federal tax policy has given way to the California/Oregon operator of 18 licenses (as the largest Calif retailer) joining about 165 other cannabis firms on the Canadian …

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420 By the Numbers

Four twenty

BY ALLISON STEIN The “Canna-day” that really started more as a “canna-time” has definitely caught on. April 20th AKA “National Weed Day,” “Stoner Christmas,” “Marijuana’s High Holy Holiday,” it’s a day filled with ever-expanding pro-cannabis events from massive festival smoke outs to small house “seshes” with your close circle of friends. It’s the day we …

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