The Business of Cannabis

There Won’t Be A THC ‘Limit’ For Driving In California

Nov 29, 2021 | National

A task force on driving under the influence of cannabis in the state of California has concluded that there should be no set limit of THC or THC metabolites in the bloodstream. Such limits are not backed by scientific research and should be...

Cannabis Use Disorder May Be Linked To Growing Number Of Heart Attacks In Younger Adults

Nov 21, 2021 | National

At a time of increasing legalization of marijuana, a growing number of people under 50 diagnosed with cannabis use disorder were later hospitalized for a heart attack, new research has found. The rising trend from 2007 to 2018 was most pronounced in three groups: ages...

Republicans Seek Decriminalization Of Cannabis Nationwide

Nov 16, 2021 | Feature, National

Republicans in the House of Representatives introduced legislation on Monday that would decriminalize marijuana at the federal level and eliminate legal hazards facing many cannabis-related businesses while regulating its use like alcohol. Representative Nancy Mace of...

The Industrial Hemp Industry: An 18.6 Billion Dollar Market by 2027

Nov 12, 2021 | National

According to the latest Allied Market Research Report, the technological advancements in cultivation and machinery able to develop hemp plants more efficiently will propel the global industrial hemp market to $18.6 billion by 2027, a compound annual growth rate of...

Gallup Poll: Americans’ Support for Marijuana Legalization Holds At Record High

Nov 12, 2021 | National

The percentage of Americans who believe that “the use of marijuana should be legal,” remains at a record high, according to nationwide polling data reported today by Gallup. Sixty-eight percent of respondents endorse legalization — the same level of support...

JP Morgan Chase Will No Longer Let Clients Buy Certain Cannabis Securities

Nov 12, 2021 | National

JPMorgan Chase & Co announced it will no longer let its prime brokerage clients buy certain U.S. cannabis-related securities, according to a letter outlined by Reuters. The move follows similar actions by Credit Suisse last May. The bank will not allow new...