Posts Tagged ‘cannabis business’

2018 MJBizCon Shatters Records

MJBizCon in Las Vegas had its biggest year yet, with a record-breaking 27,000 people attending the annual conference aimed at marijuana professionals and investors. The EZTrim team was proud to attend!

Its Official: Canada Legalizes Cannabis

Its Official: On October 17, Canada will become the second country in the world to legalize recreational cannabis making it legal for adults 18 years-and-older to purchase, possess, and grow cannabis. 

Nevada Cannabis Sales Exceed Expectations: Half a Billion in First Year

Nevada cannabis sales exceed expectations and bring in over half a billion in first year! Bill Anderson, executive director of the Nevada Department of Taxation, said in a press release that the cannabis industry “has not only exceeded revenue expectations, but proven to be a largely successful one from a regulatory standpoint.”

Competition is Driving the Colorado Cannabis Market

The Colorado marijuana industry continues to be a competitive and thriving market nearly five years after adult-use sales began. A new report commissioned by the Colorado MED focuses on falling prices, increasing potency, and market consolidation & competition…

California Marijuana Industry Faces Growing Challenges

The roll-out of adult-use sales in the world’s largest cannabis market has been a bit of a mess – Rec marijuana sales became legal in California as of Jan. 1st, but, a whole slew of issues including steep taxes, licensing delays, regulations, and testing backlogs have contributed to plenty of frustration…

California Bans CBD Extracted from Hemp in Edibles

The California Department of Public Health’s Food and Drug Branch (CDPH-FDB) has announced that hemp-derived CBD cannot be used in edibles (both food and drink) for either humans or pets. The rule change is a huge blow to the state’s industrial hemp industry and has left much confusion in its wake…

Recreational Cannabis Market Rises While Medical Dips

Colorado, Oregon, and Nevada have seen their medical marijuana markets undergo dramatic changes over the past few years, and the future of MMJ is anything but certain….

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Farm Bill Will Allow Cultivation & Grow of Hemp

The Senate passed the 2018 Farm Bill 87-13 on Tuesday, a huge step towards legalizing hemp cultivation. The bill would remove industrial hemp from the federal government's list of controlled substances and categorize it as an agricultural product. The bill[...]

Researchers Find Marijuana and Hemp Evolved Through Virus-Like DNA

Researchers at the University of Toronto have completed mapping the cannabis sativa genome and have discovered how CBD and THC evolved in hemp and marijuana. Hemp and cannabis are both species of the Cannabis sativa family, but while they share[...]
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