The Business of Cannabis

Licensed Cannabis Cultivators In California Declining Rapidly

Feb 7, 2024 | National

The number of actively-licensed cultivators in California continues to decline as 2024 gets underway. According to a January 31 query of the state’s License Search tool, 5,498 cultivators hold active licenses. That figure is down almost 35% from two years ago, when...

Lume Cannabis Installs Advanced Cannabis Extraction System

Feb 7, 2024 | Great Lakes Region, Michigan

Lume Cannabis has installed Agrify Corp.’s PX-30 Hydrocarbon Extraction System to enhance efficiency and precision in the cannabis extraction process. Lume Cannabis, already operating with Agrify’s XMU Hydrocarbon Extraction System, upgraded to the PX-30...

Survey: Young Americans Are Five Times More Likely To Smoke Marijuana Than Cigarettes

Feb 7, 2024 | National

Significantly more Americans now say they smoke marijuana than cigarettes—with young people being more than five times more likely to consume cannabis than tobacco, according to new Gallup polling data. Overall, 17 percent of Americans say they smoke cannabis,...

Biden Administration Official Disputes Rumors Of Imminent Marijuana Scheduling Decision Amid Heightened Speculation

Feb 7, 2024 | National

Amid swirling rumors about the possibility of an imminent cannabis policy announcement from the White House, a Biden administration official told Marijuana Moment on Tuesday that they’d “wave off” the speculation. Industry stakeholders and several prominent...

Jamie Cooper To Introduce Cannabis By Subscription Boxes

Feb 7, 2024 | FOUR20 Post

Sensi Magazine’s Jamie Cooper is creating her own company called Cooper Creative that will later this year offer a monthly cannabis subscription service for subscribers to order their favorite cannabis and CBD products, and much more. She’s also adding the...