RAW Rolling Papers Donates $50,000 to NORML Supporting Nationwide Cannabis Legalization

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The National Organization for the Reform of Marijuana Laws (NORML) has received a $50,000 donation from RAW Rolling Papers. RAW Rolling Papers, founded by Josh Kesselman in 1995, is one of the nation’s leading producers of rolling papers. NORML and RAW are aligned in their efforts to educate and promote the responsible use of the plant while also campaigning for...

Tyson 2.0 Opens First Branded Retail Store in Amsterdam

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ORANGE COUNTY, Calif. -- Carma HoldCo Inc., a leading global house of brands that harnesses the power of cultural icons to transform industries, announced that TYSON 2.0, legendary boxer, entrepreneur and advocate Mike Tyson's premium cannabis brand, will open its first branded retail store, Tyson 2.0 Brandstore, on Thursday, July 4, 2024 at 10:00 a.m. in Amsterdam. Located at Oude...

Grown Rogue Extends $3M in Credit to ABCO Garden State in Related-Party Transaction

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MEDFORD, Ore. - Grown Rogue International Inc., a craft cannabis company in Oregon's Rogue Valley, has entered secured drawdown promissory note agreement dated June 25, 2024 with ABCO Garden State, LLC, a New Jersey Class 1 licensed cultivator. As of today, Grown Rogue owns 44% of ABCO, with an option to acquire an additional 26% of ABCO, subject to regulatory approval. The key deal terms are as...

Work’N’Roll Budtenders XP Pride Photo Gallery

Work 'N' Roll Budtenders XP Pride 6
Work'N'Roll hosted Budtenders XP on Tuesday, June 25, with the New York cannabis community for an event designed to empower and educate budtenders amidst a vibrant, lively setting that celebrated diversity and inclusivity in cannabis. Work'N'Roll is a cannabis industry incubator and co-working space in New York City.

Innovative Strides in Retailing

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Cannabis retail has grown exponentially over the past few years, and over the past twenty, I’ve noticed trends come, go, and stay. As the plant becomes more mainstream, it’s becoming easier for those of us in the industry to notice and predict future trends. Today, some trends we’re seeing include price compression impacting both wholesale and retail. Retailers are developing...

Will Biden’s Shaky Debate Performance Affect Cannabis Reform? How A Trump Return Could Reshape Marijuana Policy

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President Joe Biden's shaky debate performance this week is stirring doubts among Democrats about his viability for reelection.

Adam Wilks: Brand Champion

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As chief executive officer at Carma HoldCo Inc., Adam Wilks has a seriously enviable job to do each Sunday: sesh out with former World Heavyweight Champion Mike Tyson and collect the boxer’s thoughts about which flower contenders should enter the ring next. Fit, energetic, and creatively intense, Wilks oversees a portfolio of celebrity brands including Tyson 2.0, Ric Flair Drip,...

NCAA Division I Removes Ban on Cannabis

NCAA reverses cannabis ban
INDIANAPOLIS – College athletes in Division I no longer need to fear penalties for cannabis use under new rules adopted by the National Collegiate Athletic Association (NCAA) in late June. On the advice of the Committee on Competitive Safeguards and Medical Aspects of Sports (CSMAS), the division removed cannabinoids from the list of substances banned during championships and postseason...

IRS Reaffirms Marijuana’s Status Under Federal Tax Law

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WASHINGTON – The Internal Revenue Service (IRS) has reiterated marijuana remains classified as a Schedule I controlled substance, and businesses involved in manufacturing, distribution, and sale of cannabis products are subject to the restrictions of Internal Revenue Code Section 280E. In a recent announcement, the IRS clarified that despite ongoing discussions about the Department of Justice and Drug Enforcement Administration...

How to Prepare for Your Cannabis License Application Process

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It’s easy to think of a cannabis business license as the first step in your entrepreneurship journey. But the process to apply for—and successfully acquire—that license is typically more involved and time-consuming than many imagine.  Rather than viewing the application process as the beginning of your tenure as founder, approach it as a chance to dig deep into the kind...