Cannabusiness

Green Market Report says customers at the Emerson Resort in the Catskill Mountains can't get enough of the spa's CBD treatments.

Although this proposal has been in the works for a while now, it’s looking like cannabis consumption lounges will be legal at some point this year.  

For one, the cannabis and hemp consumers are going to become more discerning, both in terms of the quality of product as well as the purity, safety and reliability of product.

The President signed the Farm Bill, legalizing hemp nationwide, New York Gov. Andrew Cuomo presented his 2019 plan to legalize adult use cannabis, and more in this week's Marijuana Money report.

The companies announced Wednesday they’d each invest up to $50 million in conducting research of non-alcoholic drinks that include THC and/or CBD.

The biggest news this week, was well, very big indeed. The Senate passed the 2018 Farm Bill that included language legalizing hemp.

A total of $2,218,208.47 in gross sales was made from legal recreational marijuana and marijuana products last week in Massachusetts.

In states that have recreational programs but don’t allow retail storefronts, delivery services have stepped up to serve the population.

In the two states where cannabis is cheapest, Washington and Oregon, there is currently a glut of cannabis cultivators; leading to low prices and oversupply.

The trading week was shortened as markets were closed on Wednesday to honor the funeral of the 41st president George HW Bush. Probably best since stocks took a beating on Tuesday.