The state’s finance authority is planning for a $5 million line of credit for entrepreneurs, with an average loan size of about $100,000.
Maine Cannabis Report
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Think legal marijuana is everywhere in California? Think again
It’s true the state has mostly embraced the industry, but local decision making was a big part of its groundbreaking legalization bill, meaning there are lots of highly-populated cities without easy access. Here are the 10 biggest.
Marijuana sales taxes poised to buoy states when pandemic aid runs out
State tax revenues from cannabis are forecasted to reach $12 billion by 2030.
Group forms to help give equal access to Connecticut’s new cannabis market
By law, marijuana legalization in the state must benefit minority communities harmed by the war on drugs. The Alliance for Cannabis Equity aims to make sure that happens.
South Dakota Supreme Court nullifies voter-approved pot legalization
The court rules that a constitutional amendment legalizing hemp, medical marijuana and recreational marijuana unfairly forced a choice on voters who supported legalizing one, but not all three.
Cannabis pizza won’t get you high or be a big seller, but that isn’t the point
A fast food chain in Thailand says its “Crazy Happy Pizza” is all about being trendy.
Cannabis bust on Native American land highlights legal divide
Medical and recreational marijuana are legal in New Mexico, but because its tribal lands are policed by a federal agency, cannabis users face increased risks.
No joke: Comedians, cannabis companies push pot legalization
Big cannabis companies are backing a new, celebrity-infused campaign to enlist marijuana users to pressure Congress to legalize pot nationwide
Republicans’ cannabis legalization bill to seek lower taxes and state control
The proposal, which is still being drafted, is expected to have less oversight than what Democrats are calling for and regulate marijuana more like alcohol.
Recreational pot sales in Illinois at $1.12 billion in just 10 months
That’s more than what the state saw in sales of recreational and medical cannabis combined last year.