Full disclosure: David Belsky is a personal friend (don’t hold it against him) and his company, FlowerHire, is a firm client. He is also one of the foremost authorities on placing talent in the regulated cannabis and hemp industries. Earlier this week, Forbes posted a great interview with Belsky that we highly recommend.
Read MoreFor years we have been intrigued about the prospect of legal recreational marijuana in Florida—not a particularly far-fetched notion given the overwhelming support for Florida’s 2016 constitutional amendment broadly legalizing medical marijuana in the state.
Read MoreThe preliminary reports were great. Cannabis shops were deemed “essential businesses” in several states, and according to The Motley Fool “[d]uring the first few weeks of [March], cannabis sales were soaring and spiked around the middle of the month as fears heightened that people would be confined to their homes in an effort to fight the coronavirus pandemic.”
Read MoreMarijuana sales in Colorado totaled nearly $1.75 billion in 2019 according to data released by the Department of Revenue’s Marijuana Enforcement Division. The $1,747,990,628 in sales includes both recreational and medical marijuana and is a sizeable increase from 2018, when sales totaled $1,545,691,080.
Read MoreIn November, we wrote about a lawsuit filed against Amazon by a New Jersey man claiming he was wrongfully terminated due to a failed marijuana drug test despite being a patient in the state’s medical marijuana program. Now, New Jersey state lawmakers have advanced a bill that would require workers’ compensation to cover medical marijuana.
Read MoreKentucky is well-known for its support of the hemp industry, but it has been slow to come around on marijuana. That may be changing.
Read MoreLast Friday, Leafly released its latest annual jobs report and the numbers are encouraging. Leafly reports that the legal cannabis industry supports 243,700 full-time-equivalent jobs as of January 2020. That number grew by 33,700 new jobs over the past 12 months, which makes legal cannabis the fastest-growing industry in the United States.
Read MoreNew Jersey is often mentioned among the states that may legalize recreational marijuana in 2020. And for good reason. The state has taken several steps over the past year to reform its cannabis laws, including creating the New Jersey Industrial Hemp Pilot Program and overhauling its medical marijuana program to address supply problems, relax quantity restrictions, permit home delivery, and add workplace protections for card holders.
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