Well-known celebrity cannabis advocates include Cheech and Chong, Whoopie Goldberg, Willie Nelson, and Snoop Dogg, to name a few. However, when Prop. 64 was up for a vote to legalize recreational cannabis, many artists and celebrities came out in...
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Governor Signs Law to Reveal Names of Holders of Cannabis Retail Licenses
Gov. Steve Sisolak (D-Nev.) signed into law on May 10 to open the books naming the companies awarded licenses in 2018 to sell recreational cannabis in Nevada. It was revealed through the records of the state tax department that just 16 applicants...
Keeping Track of your Cannabis Business – Self-Accounting 101
You start a cannabis business that morphs into a company that is becoming very successful. In all probability, you are doing your own accounting. With software such as Quickbooks and Xero, you think this should be easy. However, it isn’t, and...
Will federal legalization of cannabis become a reality?
Canadian company Canopy Growth recently signed a $3.4 billion agreement to acquire the US medical cannabis firm Acreage Holdings. Although the deal is still contingent on stockholder agreement with a vote in June and regulatory approval by both...
Israel Decriminalizes Adult Use Cannabis
It was no April Fool's Day prank—Israel decriminalized adult-use cannabis on April 1 before an election on April 9. It is now legal for Israeli citizens to possess homegrown cannabis plants. If a citizen is caught carrying a small amount of...
Las Vegas Legalizes Social Use Venues
Las Vegas became the first city in Nevada to allow social use venues when the Las Vegas City Council voted 4-1 to legalize consumption lounges on May 1. The first lounges are anticipated to open in the summer. Councilman Bob Coffin proposed the...
Big Shakeup at MedMen as Top Executives Quit
MedMen Enterprises continues to face challenges with the resignation of the chief operating officer and general counsel in April. More shakeups in management continue for the cannabis retailer based in Culver City, California. Problems also...
Research Indicates CBD Helps to Treat Sleep Disorders and Anxiety
According to the Centers for Disease Control, 1 in 3 adults isn’t getting at least seven hours of sleep per day. As stated in the report, not getting enough sleep is linked with many chronic diseases and conditions including type 2 diabetes,...
Cannabis One Continues National Growth with Acquisition of Nevada-based Company
Cannabis One announced it will acquire Nevada-based cultivation, manufacturing, and brand house Evergreen Organix for $24.6 million once approval is received from the Nevada State regulators. The strategy of this acquisition is to give Cannabis...
#HowDareYou Coalition Brings Awareness of Cannabis Helping Suicidal Veterans
Forgotten Not Gone, a nonprofit organization working to end suicide among veterans supports the use of cannabis and CBD products. In response to the federal government and especially Veterans Administration's position on legalizing cannabis,...