MjLink Cannabis Business News and Press

Michigan’s recreational marijuana industry last week surpassed $100 million in total sales since the retail industry became legal last December.

Recently, state regulators expanded a program to help people with marijuana convictions get a foothold in Michigan’s legal cannabis industry.

The intent of the Social Equity Program is to promote and encourage participation in Michigan’s cannabis industry by people from communities disproportionately impacted by marijuana prohibition.

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Steve Carmody ~ MichiganRadio.org ~ 

The coronavirus pandemic has added another wrinkle to navigating state versus federal regulations when it comes to gaining access to banking services by marijuana-related businesses.

Before the pandemic, more than half the states in the U.S. had authorized some form of legalized marijuana use.

In response to the coronavirus, most of these states with legalized cannabis have declared marijuana sales to be “essential,” and said those businesses should remain open, or at least offer delivery or curbside pickup.

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David Cotney ~ AmericanBanker.com ~

A California group is fighting to end a federal prohibition that makes it impossible for veterans to get cannabis through the VA.

Alex is 34 and lives outside of Sacramento. Like many Californians, he vapes marijuana concentrate for a variety of health problems such as anxiety.

But even though he lives within a half-hour drive of a legal dispensary, Alex purchases his cannabis on what he likes to call the “duty-free” market. 

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Bruce Kennedy ~ Politico.com ~

“Although we live in a world of unpredictability, COVID can’t stop the sun from shining nor can it stop the seeds from sprouting.”

On a work trip to China in late January, Frank Qin noticed something that would later influence the way he does business in the face of a pandemic.

“There were areas in China where there was a complete lockdown. People could step outside their homes only so many times a week, so some started growing produce in their balconies,” says Qin, founder of Markham, Ont.-based Mary Agrotechnologies Inc.

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Anisha Dhiman ~ TheGrowthOp.com ~ 

Cannabis and sports might not seem like they mix. But for some athletes, the drug is an integral part of their success.

On a typical Saturday, at 4:30 am, Boulder, Colorado-based competitive ultramarathoner Flavie Dokken takes 5mg of Wana Recreational Tarts, puts on her running shoes, and heads out for a five-hour run.

But Dokken is not your typical stoner, she uses cannabis as part of her workout routine and she is sponsored by Wana Brands, a cannabis company that produces cannabis-infused products. 

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Deana Bianco ~ Vice.com ~ 

First tribal nation in Minnesota to vote in favor of medical cannabis.

Members of Red Lake Nation voted to approve the production, regulation and distribution of medical marijuana on Wednesday, May 20.

This move makes history in a few ways: Red Lake Nation will become the first entity in the state to retail medical cannabis in flower form and the first tribal nation in Minnesota to vote in favor of a medical cannabis referendum. 

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Hannah Olson ~ Inforum.com ~ 

In its latest report on CBD Oil Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players. Cannabidiol Oil (CBD Oil) Market: Global Market Size, Read the full article...

Pot shops are once again open for business in Massachusetts — with some limited operations and new guidelines.

Under the state's reopening plan, recreational marijuana stores are now allowed to take online and phone orders to offer curbside pickup to customers.

"We're just excited," said Kobie Evans, co-owner of Pure Oasis in Dorchester. "We're looking forward to seeing our staff and our customers, and really want to make sure that people are safe and staying healthy and, you know, just looking forward to this new opportunity to be open after being closed for so long."

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Zeninjor Enwemeka ~ WBUR.org ~ 

Cannabis has powerful anxiolytic (anti-anxiety) properties, and when administered as-needed, can provide relief from several anxiety disorders.

Anxiety, like marijuana, comes with a stigma, but with the increasing impact of anxiety disorders on family life and the economy, it’s no wonder everyone seems to be looking for a salve.

The relationship between cannabis and anxiety disorders exists, but remains wholly misunderstood.

Anxiety presents differently in every patient, and there is no definitive cure with conventional drugs, so just imagine something as variant as the cannabis plant.

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The Manitoba government is moving forward on its plan for an open and competitive cannabis retail market, Crown Services Minister Jeff Wharton announced Friday.

“We are pleased to open the market further by allowing more retailers to apply for retail licences,” said Wharton in a press release.

“This move will enable local entrepreneurs to create jobs and support Manitoba’s economy, which is a critical step as we work toward rebuilding Manitoba in the wake of COVID-19.”

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WinnepegSun.com ~ 

The governor of the U.S. Virgin Islands (USVI) unveiled a revised marijuana legalization bill on Wednesday, making a series of changes to previously introduced legislation and transmitting it to the Senate for consideration.

Gov. Albert Bryan Jr. (D), who pushed for legalization as part of his State of the Territory address in January and previously called lawmakers into a special session to take up the issue, said in a letter to Senate President Novelle Francis Jr. (D) that the revisions to the bill were the product of “listening discussions with multiple senators and the general public.” 

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Kyle Jaeger ~ MarijuanaMoment.net ~ 

There’s not a lot of research on cannabis use and its impact on athletes. Here’s what some experts have to say on the matter.

Rest days are very important for people who work out regularly.

The more people physically exert themselves, the more they realize how important these days off are, whether they’re doing active recovery or spending the day chilling out.

Can marijuana play a role in this?

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The Buckeye State's marijuana industry has certainly developed since sales began in January 2019.

It has been a good few months for Ohio's medical marijuana business.

Through May 11, there has been about $57 million in marijuana retail sales — about on par with how much marijuana was sold in the entire first year of sales in 2019.

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Jeremy Nobile ~ CrainsCleveland.com ~ 

With the cannabis landscape changing quickly in Canada, doctors are looking for advice.

Most Canadian pediatricians are shying away from medical cannabis for patients, knowing that it can hurt the developing brain and that there isn’t much research to guide them.

But physicians say they are getting increasing requests for cannabis from parents, for a growing list of conditions.

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Michelle Ward ~ TheConversation.com ~ 

A little genetic engineering, a lot of research, and a few metal tanks full of yeast bacteria could make mass-production possible.

From a purely chemical standpoint, a cannabinoid is a cannabinoid and a THC molecule is a THC molecule, no matter how it’s produced, whether in a lab or grown on a farm.

From a legal perspective, a cannabinoid is a cannabinoid -- at least in Canada.

Production and distribution of CBD is held to the same standards as the psychoactive compounds in cannabis.

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The 405-hour certificate programs will offer students a selection among four categories: the business of cannabis; cannabis agriculture and horticulture; medical cannabis; and compliance.

If Max Simon’s mission goes as planned, this cannabis educator and entrepreneur will be congratulating young graduates next spring wearing mortarboards displaying the Cannabis sativa leaf (or maybe the indica one).

That’s because Simon and his Ojai, California, company, Green Flower, are teaming up with four universities and a college to build an online cannabis education program.

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Joan Oleck ~ Forbes.com ~ 

University of New Mexico researchers demonstrate effectiveness of Cannabis oil for treating chronic neuropathic pain in mice.

Researchers examine the effectiveness of consuming hemp oil extracted from the whole Cannabis plant using a chronic neuropathic pain animal model.

Researchers at The University of New Mexico (UNM) showed that legal Cannabis hemp oil reduced mechanical pain sensitivity 10-fold for several hours in mice with chronic post-operative neuropathic pain.

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News.UNM.edu ~ 

Mary’s Tails, a brand of hemp CBD-infused tinctures, balms and gels for pets, announced May 13 its products have been added to PetSmart stores in select areas of the United States.

This marks the first CBD brand for pets to be stocked in PetSmart stores.

The hemp-based pet products will be added to PetSmart locations throughout Colorado, Oregon, Indiana, Kentucky and Tennessee.

The companies plan to expand distribution to other states this summer.

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State’s new adult-use cannabis industry generated more than $37 million in sales in April ILLINOIS: The Illinois Department of Financial and Professional Regulation has announced preliminary numbers show statewide adult-use cannabis sales in April totaled $37,260,497.89. Dispensaries across the state sold 818,954 items over the 30-day period. Sales to Illinois residents totaled $29,735,650.41, while sales Read the full article...

NEW JERSEY: The New Jersey Department of Health issued last month a permit to Justice Grown in Ewing to begin growing medical marijuana. The permit was issued after a comprehensive review including several site inspections, background checks of its corporate officers and a review of its security operations and cultivation facility. “As our program continues Read the full article...