New York will create a $200 million fund in support of social equity within the state’s emerging legal cannabis market.

The post New York Governor to Create $200M Cannabis Fund with Social Equity Focus appeared first on High Times.

The Cannabis Regulatory Commission (CRC) announced that 500 people filed their application within the first four hours the CRC website was opened. CRC executive director, Jeff Brown, said the form was generating 155 users per hour by 1 p.m on that same day. By the end of the day, more than 600 accounts were created on the CRC website.

How Accessibility Is Destroying The Legal Marijuana Industry In America

When everyone has a "weed guy", prices tend to go down and margins compress.

The post How Accessibility Is Destroying The Legal Marijuana Industry In America appeared first on The Fresh Toast.

Montana is bringing in serious money through recreational cannabis just in the first days that it has been officially legal.

The post Recreational Cannabis in Montana Brings in $1.5M appeared first on High Times.

Virginia is now poised to be controlled by a Republican Governor, and he's more iffy about legal cannabis than the previous administration.

The post New Virginia Governor Expresses Concerns About Cannabis appeared first on High Times.

Cannabis sales in Illinois are up and continuing to grow since legalization in 2019. Things are looking good for the newly legal state.

The post Illinois Cannabis Sales Doubled in 2021 appeared first on High Times.

Last month, the University of Michigan released their annual Monitoring the Future survey which shows a dramatic year-on-year decrease among teen’s use of cannabis – as well as other controlled substances. They found a 33% reduction among 8th graders’ reported cannabis use, 38% drop among 10th graders, and  13% drop among 12th graders. “The percentage of students who reported using marijuana (in all forms, including smoking and vaping) within the past year decreased significantly for eighth, 10th, and 12th grade students,” write the authors.

Arriving in India was one of the biggest culture shocks of my young life. Aged 18 and having just completed my first year at university I really didn’t know what to expect from a country famous for its chaotic streets as well as its beauty. I wasn’t disappointed. Almost immediately after stepping out of Delhi […]

The post Personal Experience: Special Lassi in India appeared first on CBD Testers.

The scariest part going forward for the legal weed industry is that accessibility will increase forever, or until it is no longer economically viable to be an illegal cannabis grower and seller.  When we get to the point where illegal growers are throwing in the towel, what happens to the legal version of those businesses that have to pay taxes, overhead, fees, licenses, etc.?  They will be gone before the illicit guys as margin compression will force only the lean businesses models to survive.

Hector Balderas, New Mexico Attorney General, announced on Monday that the state's Eagle Federal Credit Union is the first financial institution in the United States to be accredited for outstanding monetary banking protocols in cannabis and hemp operations in the United States. This accreditation is one of the many financial services certification programs organized by the Policy Center for Public Health and Safety. The center is co-run by New Mexico's State Attorney General, while ASTM International and PH & S are in charge of implementing a more comprehensive certification effort.