As Pennsylvanias medical cannabis sales soar, recreational market prospects brighten
Pennsylvanias medical cannabis market, praised for its smooth operation, is expected to nearly double to $400 million-$500 million in sales this year and reach $1 billion in sales within three or four years.
Buoyed by the markets success, current licensees have become acquisition targets even in the current tough economic climate with deal prices moving north of $25 million in some cases, experts say.
High Purity Extractions
Pennsylvania, the fifth-most-populated state in the country, also is increasingly viewed as a market poised to legalize recreational marijuana.
Tha.... View more in new window
Employees at a cannabis cultivation facility in Massachusetts voted to unionize, a further indication that organized labor is picking up steam since the coronavirus pandemic.
Workers at Mayflower Medicinals in Holliston Massachusetts, voted to join the United Food & Commercial Workers Union Local 1445, according to the Worcester Business Journal.
High Purity Extractions
Mayflower is owned by New York-based iAnthus Capital Holdings.
According to the Business Journal, the employees were trying to unionize before the coronavirus lockdown but made the vote a priority as th.... View more in new window
TheJointBlog.com | July 10, 2020
Top Canadian Police Association Says Its Time To Decriminalize All Drugs
The top police chiefs association in Canada made a bold call for drug policy reform on Thursday, arguing that low-level possession should be decriminalized and substance misuse should be treated as a public health matter.
The Canadian Association of Chiefs of Police CACP said that its recommendation is motivated by an interest in reducing overdose deaths and promoting treatment. This announcement comes two years after the organization created a commission tasked with studying decriminalization, the results of which were released in a new report.
Canada continues to grappl.... View more in new window
stopthedrugwar.org | July 07, 2020
No Time Like the Present: Drug Policy Reform is More Urgent Than Ever
Wednesday July 8, 2020 / noon-1:30pm ET
online registration via Zoom
The coronavirus pandemic has made ongoing crises affected by drug policy even more intense and urgent. ``No Time Like the Present`` will discuss incarceration, HIV/AIDS, and rule of law/human rights issues. Our speakers will provide perspectives from the global level, for the US and Philippines, and in New York City. Email bordenATdrcnet.org or call +1 202-236-8620 for further information.
``No Time Like the Present`` is organized by DRCNet Foundation, a US-based NGO in consultative status with the U.... View more in new window
TheJointBlog.com | july 8 2020
Medical Marijuana Likely Heading to Nebraska Ballot this November
According to a news report from the Associated Press, Nebraska voters will likely get to vote this November on initiatives to legalize medical marijuana and casino gambling after advocates for both announced Thursday that they have enough signatures to put them on the November ballot.
According to the AP, organizers of the Nebraskans for Medical Marijuana campaign said theyve gathered 182,000 signatures. To qualify for the ballot, the campaign needed to turn in more than 121,000 valid signatures, representing more than 10 percent of the voters in the state. Campaign offici.... View more in new window
The Denver Post | Jun 29, 2020 | BATON ROUGE, La.
Louisiana`s Second Medical Marijuana Grower Releases Product
In this Aug. 6, 2019, file photo file photo, Marijuana plants growing under special grow lights, at GB Sciences Louisiana, in Baton Rouge, La. State lawmakers are poised to greatly expand Louisiana`s medical marijuana to make more people eligible for the treatment, under a bill that continued Wednesday, May 20, 2020, to speed toward final passage. (image:AP Photo/Gerald Herbert, File)
Louisianas second medical marijuana grower announced it has started making its products to the states dispensaries for sale to patients
Louisiana`s second medical marijuana grower announced it has started making its products to the state`s dispensaries for sale to patients.
Ilera Holistic Healthcare the company that grows marijuana for Southern University`s agricultural center said Wednesday that it has launched its therapeutic cannabis brand, called AYO. The university said it`s the first historically Black college to have its own brand of medical cannabis products.
Only the agricultural centers at Southern and Louisiana State University are authorized to grow medical marijuana in Louisiana, and only.... View more in new window
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