Drugs in the United States

Dutchie, the Leading Cannabis Tech Platform, Raises $200 Million, Now Valued at $1.7 Billion

Retrieved on: 
Tuesday, March 16, 2021

"Dutchie's mission is to provide safe and easy access to cannabis while helping power the positive societal change that cannabis is bringing to the world," said Ross Lipson, CEO and Co-founder at dutchie.

Key Points: 
  • "Dutchie's mission is to provide safe and easy access to cannabis while helping power the positive societal change that cannabis is bringing to the world," said Ross Lipson, CEO and Co-founder at dutchie.
  • Since November 2020, six new states have passed legalization measures for cannabis and a record-high percentage of Americans now support legalization.
  • Dutchie's platform creates a comprehensive, streamlined technology ecosystem to help realize these benefits by helping cannabis dispensaries grow and meet consumer demand.
  • Dutchie is a product-and design-focused company that has created a best-in-class experience for cannabis dispensaries and shoppers throughout the United States and Canada.

Greenrose Acquisition Corp. to Acquire Four Cannabis Companies, Creating a Vertically Integrated and Cash Flow Positive Platform Positioned for Significant Growth

Retrieved on: 
Monday, March 15, 2021

Following the transactions forming the Platform, Greenrose will be a vertically integrated, multistate operator cannabis company.

Key Points: 
  • Following the transactions forming the Platform, Greenrose will be a vertically integrated, multistate operator cannabis company.
  • The Shango brand has multiple full-service recreational and medical cannabis dispensaries in Oregon and Nevada, as well as a medical cannabis provisioning center in Michigan.
  • Shango is committed to cannabis education and is a fierce advocate of the safe and responsible use of cannabis products.
  • The Health Center is a vertically integrated cannabis company operating in the Colorado market.

Oregon Cannabis Equity Act Set for Hearing

Retrieved on: 
Wednesday, March 10, 2021

PORTLAND, Ore., March 10, 2021 /PRNewswire/ --Oregon legislators will get their first in-depth look at HB 3112, the Oregon Cannabis Equity Act, Thursday at a House Judiciary Committee hearing.

Key Points: 
  • PORTLAND, Ore., March 10, 2021 /PRNewswire/ --Oregon legislators will get their first in-depth look at HB 3112, the Oregon Cannabis Equity Act, Thursday at a House Judiciary Committee hearing.
  • The bill, developed by a coalition of over 80 groups and individuals, calls for using cannabis tax revenues to provide for direct investment in the people and the communities most harmed by cannabis criminalization.
  • The hearing is slated for Thursday, March 11, at 1 p.m. To watch the virtual hearing, go to https://olis.oregonlegislature.gov/liz/2021R1/Committees/HJUD/2021-03-11... .
  • "The work we've done on criminal justice reform is a start at repairing the damage done by cannabis criminalization.But there is more work ahead.

Texas Original Compassionate Cultivation Supports Texas House Bill 1535

Retrieved on: 
Tuesday, March 9, 2021

Texas Original Compassionate Cultivation (TOCC), Texas leading medical cannabis provider, has announced its support for Texas House Bill 1535 filed today by House Public Health Committee Chairwoman Stephanie Klick, R-Fort Worth.

Key Points: 
  • Texas Original Compassionate Cultivation (TOCC), Texas leading medical cannabis provider, has announced its support for Texas House Bill 1535 filed today by House Public Health Committee Chairwoman Stephanie Klick, R-Fort Worth.
  • House Bill 1535 offers an effective alternative to opioid use and its horrible, addictive qualities while expanding access to veterans suffering from PTSD and all cancer patients.
  • Our family supports House Bill 1535 because weve seen firsthand how this medication has improved our sons lifeby giving him hope for a more normal future, said the Novaceks.
  • Texas Original Compassionate Cultivation (TOCC) is the leading licensed medical marijuana producer in Texas, working alongside physicians to provide the highest quality cannabis medicine to patients and families seeking relief across the state.

Women Grow and Drug Policy Alliance Partner for New York State Women in Cannabis Lobby Day

Retrieved on: 
Monday, March 8, 2021

Leaders of over 20 organizations will demand legislators pass comprehensive cannabis legalization that includes provisions of accessible entry points into the lucrative market.

Key Points: 
  • Leaders of over 20 organizations will demand legislators pass comprehensive cannabis legalization that includes provisions of accessible entry points into the lucrative market.
  • Women are urging the prioritization of a social equity licensing system, small business loans, and an incubator program along with community reinvestment.
  • Even though women aren't together in Albany for the Women in Cannabis Lobby Day, just as women have persisted in the fight for justice throughout our history, advocates will continue to bring attention to the urgent need for legalization.
  • To create an equitable industry, any legislation must explicitly outline pathways for women, especially women of color, to participate in the burgeoning legal market.

Agencies Look to Create Safeguards for Cannabis Use

Retrieved on: 
Thursday, February 25, 2021

Additionally, other cannabis and drug policy developments have also been taking place in several states.

Key Points: 
  • Additionally, other cannabis and drug policy developments have also been taking place in several states.
  • Also, Washington State lawmakers approved a broad drug decriminalization measure and Wisconsin's governor unveiled a proposal to legalize both medical and recreational cannabis.
  • In Canada, for example, sales of legal recreational cannabis totaled CAD 2.6 Billion (about USD 2.08 Billion) in 2020, which represents a 120% increase over 2019 cannabis sales.
  • "When looking at how tech would impact the cannabis industry, it's important to understand the needs of the industry.

Agencies Look to Create Safeguards for Cannabis Use

Retrieved on: 
Thursday, February 25, 2021

Additionally, other cannabis and drug policy developments have also been taking place in several states.

Key Points: 
  • Additionally, other cannabis and drug policy developments have also been taking place in several states.
  • Also, Washington State lawmakers approved a broad drug decriminalization measure and Wisconsin's governor unveiled a proposal to legalize both medical and recreational cannabis.
  • In Canada, for example, sales of legal recreational cannabis totaled CAD 2.6 Billion (about USD 2.08 Billion) in 2020, which represents a 120% increase over 2019 cannabis sales.
  • "When looking at how tech would impact the cannabis industry, it's important to understand the needs of the industry.

Common Citizen plays leading role as Michigan surpasses Oregon in cannabis industry jobs

Retrieved on: 
Monday, February 22, 2021

MARSHALL, Mich., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Common Citizen continues to hire at its retail locations and its state-of-the-art cannabis greenhouse in Marshall, playing a key economic development role as Michigan surpasses Oregon in cannabis industry job creation.

Key Points: 
  • MARSHALL, Mich., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Common Citizen continues to hire at its retail locations and its state-of-the-art cannabis greenhouse in Marshall, playing a key economic development role as Michigan surpasses Oregon in cannabis industry job creation.
  • At Common Citizen, we are proud to expand job opportunities and contribute to Michigan quickly surpassing other states in job creation in the cannabis industry, said Common Citizen CEO Michael Elias.
  • According to an MLive report , more than 18,000 Michiganders are now employed in Michigans cannabis industry, nearly doubling the number of cannabis jobs in the state a year ago.
  • That puts Michigan ahead of Oregon one of the first states to legalize cannabis and makes Michigan the sixth-largest creator of cannabis jobs in the country, according to the report.

Report: Legal Cannabis Industry Now Supports 321,000 Full-Time American Jobs, Doubling in Size Since 2018

Retrieved on: 
Tuesday, February 16, 2021

The growth of the cannabis industry echoed record-high support among Americans to legalize cannabis, and five additional states voted to allow medical or adult use sales, bringing the total number of states with legal cannabis sales to 37.

Key Points: 
  • The growth of the cannabis industry echoed record-high support among Americans to legalize cannabis, and five additional states voted to allow medical or adult use sales, bringing the total number of states with legal cannabis sales to 37.
  • Despite record growth in the industry, the 2021 Leafly Cannabis Jobs Report also shows how legal cannabis still faces social equity challenges.
  • Key findings from the 2021 Leafly Cannabis Jobs Report include:
    The speed of legal cannabis job growth exceeds every other American industry -- the number of full-time cannabis jobs has doubled since 2018 and skyrocketed by 161% over the last four years.
  • The 2021 Leafly Cannabis Jobs Report includes detailed state-level data for the top ten states by cannabis job numbers, and can be accessed here .

Hemp, Inc. Reports: Cannabis Stocks Soar as Senate Pushes for Cannabis Reform

Retrieved on: 
Thursday, February 11, 2021

This could be game changing for the hemp and cannabis industries if marijuana is removed from Schedule 1 of the federal Controlled Substances Act.

Key Points: 
  • This could be game changing for the hemp and cannabis industries if marijuana is removed from Schedule 1 of the federal Controlled Substances Act.
  • Hemp, Inc. executives say companies in the sector could see huge gains from finally decriminalizing cannabis.
  • According to The Motley Fool, The priority for most pot stocks would be to decriminalize marijuana at the federal level.
  • Hemp, Inc. executives believe there can be tangible benefits reaped from adhering to a corporate social responsibility plan.