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California Cannabis Market

In November, 2016, voters in California overwhelmingly approved Proposition 64, legalizing recreational cannabis across the state. California joins eight other states and the District of Columbia in passing recreational marijuana legalization initiatives, and the...

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Wine and Cannabis

The fast-growing legal cannabis industry is attracting interest from many other market sectors in recent years. In addition to capital investments from the tech sector, the wine industry has become especially prominent in the cannabis market, looking to unlock new...

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Is Your Pet in Need of Cannabis?

Legislators in New York seem to think so.  Recently, Democrat Amy Paulin introduced legislation that would allow veterinarian in New York to certify pets for the medical cannabis program.  However, Paulin has not found a sponsor in the Senate.   What Does the...

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Hemp Oil for Dogs

For many years, natural healers and many in the medical community have understood the power of cannabis in helping to treat chronic pain. Active compounds in cannabis, particularly cannabidiol, or CBD, have been shown anecdotally and in scientific studies to bring...

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The Cannabis Black Market

Beating the Cannabis Black Market For decades, black market cultivators and sellers serviced the huge cannabis-using population in the United States. Recent passage of legalization initiatives in a number of states, on both recreational and medical fronts, was...

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Are California’s High Taxes Helping the Black Market?

In an effort to keep buyers away from the black market, one California city has lowered its sales tax on recreational cannabis. Berkeley, California, has lowered its sales tax on recreational cannabis.  Economics 101 students know that supply and demand dictate any...

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Is There a Simple Way to Determine Cannabis Strains?

For those new to the cannabis industry, there are three distinct groups of cannabis:  indica, sativa, and hybrid.  All of the different types of strains are considered marijuana but classifying them into the three groups helps to determine the types of effects,...

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All Eyes on Canada as Cannabis Industry Booms

Let’s face it.  America’s cannabis industry is tenuous, at best.  Thanks to Attorney Jeff Sessions, the revocation of the Cole Memo leaves states at the will of their State District Attorney’s, instead of being protected by federal guidance.  The Cole Memo protected...

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Alcohol Markets and Cannabis

For centuries, people have turned to alcohol products to unwind after a long day, to celebrate with friends, and to mark special occasions. Now that legal cannabis has entered the scene, the alcohol industry’s dominance over the recreational market may be coming to an...

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Ten States Benefiting from a Booming Hemp Market

Hemp production has soared in the past year. The number of licensed producers and acres of cultivation space in the top 10 hemp-growing states grew by 140 percent. The number of licensed hemp producers rose from 609 in 2016 to over 1,200 in 2017. Additionally, the...

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Is Hemp Making a Comeback as a Cash Crop?

Hemp.  It is one of the oldest crops known to man, and it is also one of the most misunderstood plants.  Now, New York is expanding its hemp research program.   What Is Hemp? The cannabis plant has many different varieties.  Hemp is often referred to as...

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Can New IRS Policy Really Harm Non-profits?

Once again, the federal government stands in the way of businesses in the marijuana industry that operate in states where marijuana is legalized.  In January, the Internal Revenue Service (IRS) issued new policy updates totaling over 280 pages.  In this extensive...

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