Yearly Archives: 2024

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First Black Woman-Owned Dispensary Opens in Manhattan

Bliss + Lex is a Black woman-owned cannabis dispensary in Manhattan and its team says it’s the first dispensary of its kind to do so in a March 20 announcement. Licensed adult-use cannabis businesses are beginning to appear in New York City as they compete with unlicensed businesses.  “This is a once-in-a-lifetime opportunity to pull

2024-03-21T10:16:13+00:00March 21st, 2024|Cannabis, Feed|Comments Off on First Black Woman-Owned Dispensary Opens in Manhattan

Why PIN Debit Fails Compliance for Cannabis Payments

There's often confusion when it comes to understanding the nuances of payment processing, especially in the cannabis industry. The intricate blend of federal and state regulations, coupled with technological considerations, can weave a labyrinth that even the most seasoned industry professional finds hard to navigate. A case in point: PIN debit payment systems. On the

2024-07-30T11:34:10+00:00March 20th, 2024|Cannabis, payments|Comments Off on Why PIN Debit Fails Compliance for Cannabis Payments

Elon Musk Says He’s ‘Almost Always’ Sober During Late-Night Posting Sessions

Elon Musk says that he benefits from the use of ketamine –– and investors should be pleased that he takes it –– but when he posts late at night on the social media platform he owns, he insists that he is rarely under the influence. The Tesla CEO made all of those comments during a well-publicized

2024-03-20T10:16:14+00:00March 20th, 2024|Cannabis, Feed|Comments Off on Elon Musk Says He’s ‘Almost Always’ Sober During Late-Night Posting Sessions

Proposed Tennessee Rules Seek To Close Hemp THCA Loophole

Proposed rules to regulate hemp in Tennessee could put a limit on the total amount of all forms of THC allowed in products, potentially closing what some see as a legal loophole that has led to the marketing of hemp flower high in THCA. When smoked, THCA converts to delta-9 THC, the cannabinoid primarily responsible

2024-03-20T10:16:15+00:00March 20th, 2024|Cannabis, Feed|Comments Off on Proposed Tennessee Rules Seek To Close Hemp THCA Loophole

African County of Eswatini Introduces Medical Cannabis Legislation

The landlocked country of Eswatini (formerly known as Swaziland), located in southern Africa, recently made a move to legalize medical cannabis. According to a report from VOA Zimbabwe, King Mswati III and the Eswatini government have introduced medical cannabis legislation hoping that it will help curb illegal sales and allow the country to benefit from

2024-03-20T10:16:16+00:00March 20th, 2024|Cannabis, Feed|Comments Off on African County of Eswatini Introduces Medical Cannabis Legislation

Morocco Reports First Legal Cannabis Cultivation Numbers, 294 Tons in 2023

While recreational cannabis may still be illegal in the North African country of Morocco, the nation is kicking off a new era of legal cannabis cultivation and export. As the third month of 2024 comes to a close, the country has shared data about its first legal harvest season in 2023. According to Morocco’s cannabis

2024-03-19T11:16:09+00:00March 19th, 2024|Cannabis, Feed|Comments Off on Morocco Reports First Legal Cannabis Cultivation Numbers, 294 Tons in 2023

New Cannabis Lawsuit Filed Against Federal Government

Last year in October, a group of cannabis companies filed a federal lawsuit claiming that a federal ban on cannabis is unconstitutional, but the suit was dismissed in January. On Friday, March 15, a new federal lawsuit was filed in court as Canna Provisions, Inc. et al v. Garland. The case is represented by Boies

2024-03-19T11:16:10+00:00March 19th, 2024|Cannabis, Feed|Comments Off on New Cannabis Lawsuit Filed Against Federal Government

Study Finds Natural Mushroom Extract Has Better Therapeutic Effects Than Synthesized Psilocybin

A new study shows that natural mushroom extracts may be more therapeutically effective than synthesized psilocybin, which is widely used in research investigating the medicinal potential of the psychedelic drug. The findings suggest that natural mushroom extracts may offer more potential applications for the treatment of serious mental health conditions such as depression, post-traumatic stress

2024-03-19T11:16:10+00:00March 19th, 2024|Cannabis, Feed|Comments Off on Study Finds Natural Mushroom Extract Has Better Therapeutic Effects Than Synthesized Psilocybin

New York Governor Begins Review of Weed Legalization Rollout

New York Governor Kathy Hochul announced on Monday that her administration will conduct an assessment of the state’s rollout of legal recreational marijuana, saying that the review is needed to ensure the success of the regulated cannabis market.  New York lawmakers passed legislation legalizing recreational pot nearly three years ago, but the rollout of regulated

2024-03-19T11:16:11+00:00March 19th, 2024|Cannabis, Feed|Comments Off on New York Governor Begins Review of Weed Legalization Rollout

How Embedded Payment Solutions are Transforming the Cannabis Industry

We've all heard the phrase "The customer is always right", this goes to show how much customer experience reigns supreme. For fintech companies catering to cannabis businesses, it's no longer just about providing cutting-edge solutions—it's about delivering solutions in a way that makes users' lives significantly easier. One fundamental element in this equation is in

2024-07-24T15:58:41+00:00March 18th, 2024|Cannabis, payments|Comments Off on How Embedded Payment Solutions are Transforming the Cannabis Industry
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