Cannabis Festivals Face Obstacles Amid CCP Virus Comeback
Cannabis Festivals Face Obstacles Amid CCP Virus Comeback.
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Corruption in the Cannabis Industry
Corruption creates an uneven playing field for those looking to get in on the business. Those that are moneyed, stand a better chance at getting licenses, locking out minorities and other smaller players.
Florida Could Get a Boost from the Legal Marijuana Industry
The Sunshine State may soon join the exclusive club of states that have legalized cannabis for both medical and recreational use.
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FBI Investigates Corruption in the Cannabis Industry
In early August of 2019, the FBI officially announced that it was investigating possible corruption in the US cannabis industry. In a recent podcast, Mollie Halpern, an FBI Public Affairs Specialist, said that there is more corruption in central states where licensing is not centralized.
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Texas and Tennessee Bans Weed but Profits Off Legal Weed in Illinois
The signing of HB 1438 into law brings with it new opportunities and benefits for Illinois residents. Not only can they expect to have the legal ability to buy recreational cannabis in 2020, but close to 800,000 people will have their criminal records expunged for having been convicted of possession or purchase of marijuana.
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20 States Expected to Fully Legalize Marijuana by 2024
Arizona, Delaware, New York, New Jersey, Connecticut, Maryland, Rhode Island, New Mexico, and Ohio are expected to join the recreational use bandwagon. With the growing stimulus of tax revenues and more employment, the economic benefits of full legalization are not to be ignored.
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Hemp Seed Bank is Currently under Construction in New York
The sector is now gaining a new boost thanks to the recent passing of the Agriculture Improvement Act of 2018, or 2018 Farm Bill, that rescheduled some cannabis products, including those derived from hemp.
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Facial recognition, is it coming to a dispensary near you!
Why Cannabis Stores Are Investing in Facial Recognition Technology? Facial recognition software has helped such businesses weed out potential threats by running checks on databases right from the moment a potential customer arrives at the door.
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SAFE Banking Act Hearing Could Happen in August
The Secure and Fair Enforcement (SAFE) Banking Act was approved in March 2019 by the House Financial Services, and advocates are anticipating a full House vote. Key lawmakers have been talking for months about placing this legislation on the calendar for a full House vote.
College in Israel Will Provide a Degree in Medical Marijuana
Israel has discreetly become a powerhouse in the medical marijuana business over the last few decades. Its interest in the herb began with the research work of Prof. Emeritus Raphael Mechoulam.
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