Industrial Hemp Market Set to Surge to $25.7 Billion by 2034

ROCKVILLE, Md. – The global industrial hemp market is projected to grow from its current valuation of $6.6 billion to $25.7 billion by 2034, largely driven by sustainable innovation, according to a new market report by...

10h

MG Retailer

Is the Green Gold Rush Here? U.S. Cannabis Stocks Skyrocket Amid Federal Policy Optimism

In response to recent statements from the Biden administration signaling a shift in federal cannabis policy, the Global Cannabis Stock Index at New Cannabis Ventures has reported an increase of over 20%. This index tracks...

15w

Marijuana Index

D.C. Council Vote to Shut Down Cannabis Gifting Services Falls Short

A bill targeting shops “gifting” cannabis to consumers failed to receive enough votes in the Washington, D.C. Council this week. If approved, severe penalties would have been applied to shops offering cannabis as gifts...

1y

MG Retailer

Israeli Researchers Use Virus to Boost THC Levels

JERUSALEM – Hebrew University of Jerusalem researchers have used a plant virus to engineer a cannabis strain with higher levels of THC and other medically important substances. Researchers led by Alexander Vainstein increased...

1y

MG Retailer

Cannabis Tax Revenue Is Surpassing Alcohol in Arizona and Other States

PHOENIX — Cannabis could be emerging as a significant source of tax revenue for Arizona. According to recently released data from the Arizona Joint Legislative Budget Committee (JLBC), cannabis taxes collected in the state...

1y

MG Retailer

Future Forecast: Examining 2025 U.S. Cannabis Market Projections

This year marks the tenth anniversary of Colorado and Washington legalizing adult-use cannabis and jumpstarting the nationwide legalization movement. While it is useful to reflect on the industry’s progress within such...

2y

MG Retailer

Growers Under Increasing Threat from Cannabis Taxes

For most operators in California’s cannabis industry, the licensed and regulated market probably feels like a slow-burning dumpster fire with no end in sight. But for politicians and state regulators who designed the legalized...

2y

MG Retailer

Cannabis Retail Sales, Tax Revenues Setting Records

CARSON CITY, Nev. – Nevada retailers reported more than $1 billion in medicinal and recreational sales between July 1, 2020, and June 30, 2021, according to a report from the Department of Taxation and the Cannabis Compliance...

2y

MG Retailer

Cannabis Flower Maintains Power in North American Sales

SEATTLE – Vaporizer pens are still hot and infused drinks keep creeping upward in popularity, but cannabis flower remains the king of cannabis sales in both the United States and Canada, according to a new report from the...

2y

MG Retailer

TheRealCannaBus is a High-Tech Dispensary on Wheels

BOWLING GREEN, Ky., and LOS ANGELES – TheRealCannaBus, Enlighten’s high-tech dispensary on wheels, will make its way across the United States this fall as part of a campaign to demystify and destigmatize legal cannabis. Built...

2y

MG Retailer

Kickstart 2021 With These 25 Hilarious Stoners and Weed Quotes!

What could be the better way to kickstart 2021 than with some hilarious weed quotes? It might be possible that you are looking for some great stoner quotes just to impress your homies and stoners friends next time you meet...

2y

Marijuana Span

MORE Act: House Passes Historic Bill to Decriminalize Marijuana

The legalization of marijuana got one step closer to become a reality at the federal level. The house voted in favor of the Marijuana Opportunity Reinvestment and Expungement act– the MORE act. This is the first time the...

3y

Marijuana Span

Republican-leaning states may lose their stands on full cannabis legalization as Arizona and South Dakota voters to welcome recreational herb

People of four more states may hear happy news striking their ears when the election results are on the floor. These states could choose to legalize recreational marijuana through ballot procedures. Voters in Democrat-dominant...

3y

Marijuana Span

2020 Recap: The Liberalization Spree That Drastically Transformed The Marijuana Industry

2020 has been a challenging year for a lot of people, businesses, and industries. There’s just no getting around that. Basically, we all just want to kinda forget about it and move on. But for the marijuana industry, it...

3y

Marijuana Span

Best Cannabis Grow Books You Must Read in 2021

There’s a one-off thing I like about marijuana: people have started to open up on it recently. And another off-thing I dislike about marijuana: many people have started to talk about it. TABLE OF CONTENTS With too much...

3y

Marijuana Span

Top 10 Marijuana Stock to Invest in 2021

Are you looking for a healthy return on capital by cashing in on the marijuana stocks? With numerous medical benefits slowly unlocking, we can see the growth potential from these stocks. Their recent medical potential mandates...

3y

Marijuana Span

CDC Discovers Possible Connection in Vape-Related Lung Injury Cases

UPDATE: November 12, 2019 – 7:20 p.m. PDT – Doctors at Detroit’s Henry Ford Hospital today announced that a seventeen-year old Michigan boy has received a double lung transplant, due to lung damage caused by vaping....

4y

MG Retailer

California Regulators Suspend Nearly 400 Cannabis Business Licenses

SACRAMENTO – The California Bureau of Cannabis Control (CBCC) this week moved to suspend the licenses of 394 cannabis businesses, citing that they had not complied with requirements for track-and-trace systems, which allow...

4y

MG Retailer

Rapper Drake May Be Next Celebrity Cannabis Entrepreneur

Actor, rapper, and man of mystery Drake has, according to media reports, been dropping hints that he will launch a cannabis brand tomorrow, Thursday, called More Life Growth Company. Reports on HighSnobiety.com said that,...

4y

MG Retailer

When Elon Musk Smoked a Joint, NASA Called a Review

WASHINGTON, D.C. – News outlet Politico last week reported that after literal rocket scientist and aerospace company Space X Chief Executive Officer Elon Musk puffed a huge joint on culture comedian Joe Rogan’s podcast...

4y

MG Retailer

Medicinal Cannabis Allowed at California Schools After Newsom Signs Bill

SACRAMENTO, Calif. – California students who are in need of relief through medicinal cannabis use during the school day just received good news from Governor Gavin Newsom. Newsom has signed a bill that will allow K-12...

4y

MG Retailer

When will we see legal cannabis Australia wide?

When you think of countries similar to Australia, four countries probably stand out from the rest. The US, UK, Canada and New Zealand are very similar in a lot of ways. They all predominantly speak English as their first...

4y

Dope Smoker

CDC Update Suggests Link between Vaping Illness Epidemic and THC Cartridges

UPDATE: October 1, 2019 – 4:30 p.m. PST – In news reports today three more deaths have been attributed to the vaping-related respiratory condition that has affected more than 800 people in forty-six U.S. states and the...

4y

MG Retailer

Cannabis Job Recruiter Vangst Debuts Social Equity Program

Vangst, a leading cannabis hiring platform, has launched a social equity program for those typically shut out of the cannabis industry. The legal cannabis industry can brag about many impressive accomplishments including...

4y

MG Retailer

15 Possibly Surprising Facts About Cannabis

1. Cannabis removes radioactivity from soil Incredibly, cannabis hemp is the most efficient way to remove radioactivity from soil. It outperforms other plants by many factors for this purpose. It is also very efficient at...

4y

Dope Smoker

Three Cannabis-Related Companies Subpoenaed in Vaping Investigation

ALBANY, N.Y. – Media reports said New York Governor Andrew Cuomo on Monday issued a statement with more information on the mysterious vaping-related respiratory condition that has swept 33 states including New York and...

4y

MG Retailer

Trump Administration Moves to Ban Flavored E-Cigs. Will it Impact Cannabis?

WASHINGTON, D.C. – President Trump announced Wednesday that his administration will move to ban flavored electronic cigarettes in order to reduce a spike in vaping by minors. The Food and Drug Administration is tasked with...

4y

MG Retailer

Motive CBD Debuts CBD Product Line for Athletes on NFL Season Kick Off Day

Motive CBD is debuting its extensive product line on the same day the NFL is hosting its 2019 season opener. The CBD maker is offering products aimed at helping athletes in training and recovery. Motive CBD is partnering...

4y

MG Retailer

Thailand Takes Cannabis Extracts off Narcotics List

BANGKOK, Thailand – Hemp and cannabis extracts have been removed from the list of narcotic substances in Thailand, opening the door for possible production and manufacturing opportunities in the potentially lucrative Asian...

4y

MG Retailer

Former NFL Tight End Ron Gronkowski Strikes Deal with CBD Maker

While many spectators insist on athletes sticking to sports, a growing list of professional athletes are not simply sitting idle as their bodies become sacrificial vehicles for the sake of entertainment. Pro sports may be...

4y

MG Retailer

Nevada Cannabis Updates: Licensing Frozen, Flower Safety Warning Issued

LAS VEGAS – It has been a bumpy road over the past few days for the Nevada cannabis industry.  The Nevada Department of Taxation has issued a health and safety advisory warning consumers about some cannabis products that...

4y

MG Retailer

FINAL CALL for Nominations: Best Cannabis Companies to Work for in 2019

Calling all exceptional employers! mg Magazine is looking for the top workplaces in cannabis. Does your company have what it takes to make the list in 2019? The cannabis space includes companies spanning many sectors. We’re...

4y

MG Retailer

New Frontier Report Covers Four Years of Legal Cannabis Sales in Colorado

There are no shortages of opinions or predictions when it comes to the cannabis industry. Thankfully, New Frontier Data, a leading cannabis analytics firm has just released a detailed report on the first four years of legal...

4y

MG Retailer