The Industrial Hemp Industry: An 18.6 Billion Dollar Market by 2027
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
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
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...
Six Labs Brings Binske Products To Michigan
Six Labs, a Michigan-licensed cultivator, announced that it has launched binske cannabis brand in Michigan through its network of retailers will carry binske flower and edible products, with more offerings to follow. Six Labs’ estimates that its agreement with binske...
How Fashion is Helping Hemp Fiber Get Back on Track
When the Farm Bill passed in 2018, industrial hemp could once again be legally cultivated in the United States after an 84-year-old ban on the crop. Before 1937, hemp was grown widely across the country. People wore it, braided rope with it and...
Getting Back to Work: Michigan Marijuana Report and FOUR20 Post Announce Discounted Winter ’22 Sponsorships
As the U.S. and Michigan continue to open up and rebound from almost two years of COVID-19 lockdown effects, Cannabis companies and the businesses that support the industry need a dose of support. “This is true for cannabis wholesalers, retailers, and the business...
Michigan Expands Access to Medical Cannabis Licenses
Michigan Gov. Gretchen Whitmer (D) has signed legislation expanding the number of people eligible for medical cannabis licenses, including those previously barred due to a cannabis-related misdemeanor or felony. The bill includes an exception for...
Biden Administration Continues Cannabis Penalties For Public Housing
The U.S. Department of Housing and Urban Development says it is required to continue denying federally assisted housing to people who use marijuana, even if they’re acting in compliance with state law. Rep. Eleanor Holmes Norton (D-DC) sent a letter to HUD Sec. Marcia...
Cassopolis Man Is One Of Youngest Dispensary Owners In United States
Justin ‘JJ’ Smith got started at the age of just 18, planning to open his very own pot shop in his hometown of Cassopolis. Smith is the co-owner of Sunset Coast Provisions. “Being young, I think I bring something different to the table,” Smith said. “I’m 25 now. I...
Now You Can Drink Your Cannabis In Michigan
Positioning itself as a healthier alternative to a glass of wine, a new cannabis-infused sparkling water brand called Happi is now available in several dispensaries throughout Michigan. The drink is a collaboration between founder Joe Reynolds and President Lisa...
