Tag Archives: Economy

Rona Kobell on the Resurgence of Hemp Industry in Kentucky

Rona Kobell on the Resurgence of the Hemp Industry

Rona Kobell on the Resurgence of the Hemp Industry

In this C-SPAN video watch Rona Kobell on the Resurgence of Hemp Industry. Kobell discussed her piece in October’s Reason Magazine, which looked at the return of the hemp industry in Kentucky.

Puerto Rico’s Medical Marijuana Industry Takes a Hit From Hurricane

Puerto Rico’s Medical Marijuana Industry Takes a Hit From Hurricane

Puerto Rico’s fledgling legal marijuana industry is struggling to recover as the devastation delivered by Hurricane Maria may have cost the island trade millions of dollars in damage.

Lawmaker Calls Arkansas Medical Marijuana Business "Wild, Wild West"

Lawmaker Calls Arkansas Medical Marijuana Business “Wild, Wild West”

Future medical marijuana growers and sellers in the Natural State can’t take their money to the bank, for now, that is. After doing his homework, the state lawmaker who crafted the new cannabis laws has learned more money, more problems when it comes to doing business without banking assistance.

First Look at Wisconsin Marijuana Legalization Bill Aimed at Jumpstarting Economy

First Look at Wisconsin Marijuana Legalization Bill Aimed at Jumpstarting Economy

Wisconsin marijuana legalization has been given new life. On July 13, 2017, Wisconsin Rep. Melissa Sargent held a press conference to announce the introduction of a bill aimed at legalizing both medical and recreational marijuana in the state, marking the third time a marijuana legalization bill has been introduced in the Wisconsin State Legislature.

National Cannabis Industry Association NCIA and Gillibrand

NCIA Statement on Confirmation of Sen. Sessions for Attorney General

WASHINGTON, Feb. 9. 2017 /Weed Wire/ — National Cannabis Industry Association executive director Aaron Smith issued the following statement in response to Senator Jeff Sessions’ confirmation as new U.S. Attorney General.

Rep. Applebaum Introduces Bill to Legalize Marijuana in Minnesota

ST. PAUL, Minn., Feb. 8, 2017 /Weed Wire/ – Deputy Minority Leader, State Rep. Jon Applebaum (DFL – Minnetonka) today announced plans to introduce a bill to legalize the personal, recreational use of marijuana in the state of Minnesota. Under the legislation, the state would regulate marijuana in a similar fashion to alcohol, with purchase, possession, and use only permitted by those aged 21 or older.

An Investor Is Suing A California Edible Pot Company For Fraud

Conversations in California: Sonoma County Talks Medical Cannabis Regulations

On July 27, 2016, the County of Sonoma in California will hold the first of three medical marijuana town hall meetings to receive input on marijuana regulations in Districts 3-5 of unincorporated Sonoma County.


Hawaii Medical Marijuana Dispensaries Could Pull in $38 Million in First Year

A report from the Hawaii Dispensary Alliance says the state’s medical marijuana dispensaries could produce revenues between $12 million and $38 million during their first year of operation, according to an Associated Press article. By 2018, dispensaries could bring in $80.5 million as registered patients grow from 14,000 to as many as 40,000.

Jobs Report

Oregon Cannabis Jobs Report: Retail Sector Boosting State Economy

On April 12, 2016, Economist Beau Whitney and cannabis industry consultant Sam Chapman announced the release of their new cannabis industry report, “Oregon Cannabis Jobs Report: Retail Sales and Job Creation in Oregon’s Burgeoning Cannabis Sector.”


Is the Marijuana Industry Recession-Proof?

Some in the marijuana industry, based on their experiences on the job in the period between 2009 and 2013, believe that this industry vertical is actually anti-recessionary, even if it is not entirely shielded by “market correcting” events.

Cash States

7 States That Would Earn the Most Money by Legalizing Marijuana

Some of us are still processing this whole marijuana legalization deal. For many people, it’s kind of hard to believe legalization is actually really happening — it’s no longer simply a topic of discussion marijuana smokers debate over, it’s right here.


Colorado’s Cannabis Attracts Homeless

There have been a lot of projections about the effects of legalizing cannabis. Proponents predicted that it would boost the economy, create jobs and lower crime. Opponents predicted rampant crime, drug addiction and the utter ruin of the American family (or something to that effect). Yet with all of those predictions and accusations, there was one impact few experts saw coming: an increase in the homeless population.


Washington’s Pot Tax Revenue Falls Short

Washington state’s marijuana market looks like it is off to a slow start, or at least that is according to a new report released by Moody’s, a credit rating agency. It appears that high taxes, low supply and easy access to medical marijuana have led to a lackluster performance thus far; and analysts project that sales taxes collected from the sale of recreational cannabis will fall short of the projected $51.2 million.