Ensuring Entrepreneurs and Businesses Stay Informed of Developments in the Burgeoning Cannabis Industry

The Lone Star State Is Feeling Lonely At The Bottom Of The Cannabis Industry

Texas is heading for a boom—it is attracting tech businesses and growing its population, as individuals transplant from other states looking for a lower cost of living and better quality of life. Texas also has a fledgling medical cannabis program that may be headed for a boom as well. Texas’s medical cannabis program is small in both patient size and product offering, but there is a seed that can sprout growth.

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Georgia: The Next Cannabis Peach

When it comes to cannabis, all eyes seem to have turned to Georgia. Not only are its two Senate seats still up for grabs, which could have implications on federal cannabis legislation during the next Congressional session, but the State of Georgia also just released a Request for Proposals for its Cannabis Production Licenses.

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Is Cannabis Banking Reform Finally on the Horizon?

Those who follow the cannabis industry (and our blog) well know by now that federal cannabis reform is speculated about regularly, but has not seen much tangible progress to date. Industry followers also know that lack of access to traditional banking and financing remains a major handcuff on most industry participants. While some have been able to navigate these constraints better than others, there can be no reasonable debate that this issue is a prevalent hindrance on the industry.

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Illinois Voters Look to Bring Cannabis to Town

As we wrote about here, cannabis had a banner night across the country on Tuesday as five states passed ballot initiatives legalizing cannabis in some fashion. Additionally in Illinois, a state that legalized recreational cannabis through legislation, voters signaled their approval of legalized cannabis in a different way. While the election results are not yet final, voters in Batavia, Elk Grove, Glen Ellyn, Mount Prospect, Park Ridge, and Wilmette appear poised to approve the sale of recreational marijuana within those cities.

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Election 2020: Cannabis Wins Big Again

It’s not an exaggeration to say that the only consistent thing in the past few American elections has been support for cannabis legalization. Democrats, Republicans, and independents in red, blue, and purple states all seem ready to decriminalize and legalize cannabis. 2020 was no different; voters approved cannabis legalization measures in every state offering them on the ballot.

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