Trulieve Buys Harvest Health & Recreation for $2.1 Billion

Trulieve, one of the largest medicinal cannabis operators, is now the nation’s most prominent cannabis retailer after inking a $2.1 billion agreement to obtain former contender Harvest Health & Recreation. The deal marks a notable development in Florida, where Harvest Health & Rec held one of a whopping 22 licenses to cultivate, maintain, and sellContinue reading “Trulieve Buys Harvest Health & Recreation for $2.1 Billion”

Bank of America Terminates Popular Cannabis Account without Cause

One of the largest banks in the States is closing down the account of a research institute that’s federally commissioned to grow and study Schedule I substances like cannabis and psilocybin (magic) mushrooms. Bank of America, usually stylized as BoA, randomly informed the Scottsdale Research Institute or the SRI to terminate its accounts this week.Continue reading “Bank of America Terminates Popular Cannabis Account without Cause”

New USPS Vape Rule Could Damage the Cannabis Industry

Earlier this week, The U.S. Postal Service (USPS) released its final provision on the mailability of vaporizers, stating that devices intended for legal hemp derivatives such as CBD typically cannot be shipped through the U.S. mail. The mailing leader in the States has been expanding the statutes of compliance with legislation passed by Congress inContinue reading “New USPS Vape Rule Could Damage the Cannabis Industry”

How Cannabis Counteracts Opioid Abuse

The cannabis industry has matured into the fastest-growing sector ever witnessed by humanity. During the same time as the rise of legal cannabis, prescription medication abuse has skyrocketed through the roof. Opioid (or opiate) abuse has become a leading cause of death in the United States. Cannabis is helping combat opioid misuse. The contemporary stateContinue reading “How Cannabis Counteracts Opioid Abuse”

Happy Croptober!

It is the most magnificent time of the year: harvest season. All across the land, cannabis cultivators are collecting their harvest. Cannabis flowering has developed, and many cannabis buds are beginning to be dried and manicured. The shares of terpenes that are formed during the Autumn and Christmastime months are unequaled. Millions of tons ofContinue reading “Happy Croptober!”

NBA Hall of Famer Chris Webber Joins the Cannabis Industry

These past few weeks have been very impactful for cannabis and professional sports. NFL legend and known stoner Josh Gordon is back active and starting in games. Shi’carri Richardson’s cannabis kerfuffle has caused the doping agency that governs track & field to go light on future cannabis offenses. The NBA also announced they would notContinue reading “NBA Hall of Famer Chris Webber Joins the Cannabis Industry”

The Amazing Feats of Cannabis Technology

The bud industry is surely the fastest-growing industry since the Industrial Revolution. Business Insider thinks the cannabis industry will exceed $250 billion by the end of 2029. Due to the overpowering variety of bud and bud-related products, the sector will certainly destroy those projections sooner than later. Furthermore, technology plays a crucial role in theContinue reading “The Amazing Feats of Cannabis Technology”

What Does it Take to Open a Dispensary?

With cannabis becoming more popular across the nation, entrepreneurs are becoming more involved in opening up a cannabis dispensary. Like any other industry, there are stringent rules and regulations potential business owners and operators must follow per state legislation. Late last year, two separate companies were found in violation of cannabis production and distribution laws.Continue reading “What Does it Take to Open a Dispensary?”