Marijuana
Harris proposes 1 million forgivable loans to Black entrepreneurs, as Trump makes inroads
Democratic presidential nominee and U.S. Vice President Kamala Harris delivers remarks during a campaign event at a fire station, in Redford Charter Township, Michigan U.S., October 4, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris unveiled an “Opportunity Agenda” proposal for Black men Monday, which includes plans to provide 1 million forgivable loans to […]
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Harris wants to stand out as the pro-cannabis candidate. The industry isn’t convinced yet
Vice President Kamala Harris further positioned herself as a pro-cannabis candidate on Monday in an interview with sports and culture podcast “All the Smoke” — but industry leaders aren’t convinced her administration would lead to the reform she has promised. “I just think we have come to a point where we have to understand that […]
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Cannabis industry targets luxury consumers with Fifth Avenue marijuana dispensary, Hamptons presence
The Travel Agency on Fifth Avenue in New York Cityis an adult-use recreational marijuana dispensary. Courtesy: The Travel Agency Cannabis consumption has turned a corner — and now it’s on Fifth Avenue. Shoppers walking along the iconic New York stretch of retailers can pick up jewels from Cartier and new threads from Saks, as well […]
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As booze alternatives take off, more nonalcoholic drink makers promote health benefits as the next buzz
Mimi Lam, co-founder and chief executive officer of Superette, arranges cannabis-infused beverages at the Superette Sip ‘N’ Smoke cannabis dispensary in Toronto, Ontario, Canada, on Monday, Oct. 25, 2021. Della Robbins | Bloomberg | Getty Images More Americans are looking for alcohol alternatives, and beverage makers that tout the health benefits of their drinks are […]
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Three booming businesses that make Denver stand out
A concert venue built into a natural rock formation outside of Denver, CO Amy Sparwasser | iStock Editorial | Getty Images This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. Two cities in […]
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How this United kingdom-dependent company is developing a extra sustainable hashish
Hashish crops improve in the clone space at Aurora Deutschland GmbH, a manufacturer of professional medical Hashish items, in Leuna, Germany September 11, 2023. Lisi Niesner | Reuters Growing hashish indoors uses a great deal of strength, clearly resulting in better emissions. But some providers are attempting to battle that like U.K.-based mostly cultivator Glass […]
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Florida voters will choose whether to guard abortion legal rights and legalize pot in November
A major election voter enters a Tampa, Florida, polling place on Aug. 23, 2022. Octavio Jones | Getty Images The Florida Supreme Court docket issued rulings Monday enabling the state’s voters to determine no matter whether to defend abortion legal rights and legalize recreational use of marijuana, rejecting the state attorney general’s arguments that the […]
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Germany joins legal cannabis club
Industrial hemp plants of the Futura 75 range are saved in a specially secured area at the Hemp Museum. Sebastian Christoph Gollnow | Photo Alliance | Getty Images Germany on Friday joined the compact group of countries and jurisdictions that have legalised cannabis when the Bundestag passed a regulation letting people today and voluntary associations […]
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Tilray Brands revenue jumps, losses narrow as it pivots away from cannabis
Cannabis producer Tilray Brands on Wednesday reported a jump in revenue as it diversifies its portfolio and moves deeper into the beer industry. The company reported $177 million in net revenue, up 15% year-over-year, for its fiscal first-quarter. Its cannabis division brought in $70 million in net revenue, reflecting a 20% spike year-over-year. It also narrowed […]
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Landmark marijuana financing bill set to move forward in the Senate
Different strains of cannabis are displayed for sale at the Harborside dispensary in Oakland, California, U.S., on Monday, March 23, 2020. David Paul Morris | Bloomberg | Getty Images A new bill that aims to give the marijuana industry access to banking services is expected to move forward in the Senate on Wednesday. The Secure […]
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