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Best Seed Banks, Strains, & Genetics

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best cannabis seeds to order 2024

Many of us will spend years buying cannabis from a local dispensary until the thought eventually strikes us: what if I started growing my own cannabis? If this describes your situation, we will help you get started with the best cannabis seeds – so you can start saving money and grow your own supplies at home. 

If you are ready to start growing your own cannabis in 2024, we have prepared all of the best seed banks to check out first. Below, we will break down the best cannabis seeds, where to buy them, and some tips for getting the best deals. 

Seed Banks to Buy the Best Cannabis Seeds in 2024

  1. Seed Supreme: Best overall place to buy cannabis seeds

  2. Homegrown Cannabis Co: Best assistance with growing

  3. ILGM: Great selection of cannabis seeds

  4. Seedsman: Solid selection selection of Sativa & Indica strains

  5. WeedSeedsExpress: Fast International shipping

1. Seed Supreme – Best Cannabis Seeds Overall

best cannabis seed overall

Pros:

  • Rated #1 seed bank by many major publications

  • Great pricing & free shipping

  • Largest overall strain selection

  • Free seeds with every order

  • Each order has a germination guarantee

  • Prompt customer support

  • Fast flowering & potent buds

 

Cons:

 

If you’re looking to buy the best cannabis seeds from the best seed bank, we highly recommend Seed Supreme. They are kind of a big deal in this industry – even listed as the top seed bank by various major publications for several years. As a result, this seed bank remains the clear front-runner in 2024. 

 

Some of the standout features that we notice right away here include a vast plant selection, the best genetics & strains on the market, and a guarantee that each cultivar will germinate from their seeds. Let’s go ahead and break them down in greater detail.

 

Strain Selection: 9.75/10 

 

We find thousands of different strains available here, which is a critical reason this remains the place with the best cannabis seeds in 2024. They work with over 1500 cultivars too, giving you the confidence that you will be able to buy the best cannabis seeds – from the best seed bank. 

 

Some of our favorite strains at Seed Supreme include Blue Dream, Fruity Pebbles & Grandaddy Purple. You can also shop for their high CBD seeds, feminized, autoflower, and more when you buy from this highly-acclaimed seed brand cultivar supplier.

 

Quality of Seeds & Genetics: 10/10

 

Each of the seeds at Seed Supreme comes from high-quality genetics & cultivars, giving you immediate confidence that you will be growing the best buds, the best seeds, and the largest selection of fine genetics. Not to mention, each order comes included with a germination guarantee, so you can rest assured that there won’t be any duds.

The genetics are what stand out the most with this seed bank. They have carefully crafted a unique variety of many different types of seeds and strains. Some of the highlights include feminized, autoflower, high THC, and high CBD seeds. 

Considering the sheer number of cultivars available, customers have the power to sift through the best seed banks on one platform and get the best cannabis seeds. They also feature top-selling seeds so you can pick from the best – if this is your cup of tea. 

 

Customer Feedback & Support: 9.75/10 

 

There is a germination guarantee on all orders. As a result, most people will have little issues or need to find themselves needing support after placing the order. However, they have 24/7 live chat support, email best seed banks support, and even phone support.

 

Customers have also, in large droves, said great things about Seed Supreme. One of the common themes that we see when considering customer reviews is that they have a great discreet method of shipping alongside a large selection of plant strains.

 

Deals & Promotions: 9.75/10

 

It seems that Seed Supreme always has a great promotion up its sleeves. At writing, the 420 season was heating up and buyers could get 20% off any order alongside free seeds. Remember, they already offer free seeds with each order – so even more free seeds came as an extra bonus. 

 

To see the latest deals, we recommend heading over to their home page. They typically have the deals placed right at the top, alongside a code that you can use at checkout. 

 

>> Check Out the Best Cannabis Seeds at Seed Supreme

2. Homegrown Cannabis Co. – Best For New & Novice Growers

home grown cannabis seeds

 

Pros:

  • Expert customer & cultivation support

  • Both seeds & grow kits are available 

  • Germination guarantee with each order

  • Backed by industry experts like Kyle Kushman

  • Fast & free shipping with no hidden fees.

 

Cons:

 

Homegrown Cannabis Co. is another one of the heavy hitters in the seed bank industry. They hit the ground running in 2020, and have never looked back. What made them eventually stand out is their clear commitment to helping both beginners and novice growers make the most of their cultivar orders with great resources & assistance at each step.

 

Of course, their commitment to high-quality genetics is also a big reason why they quickly rose to the top. Now, they have been consistently ranked across many major publications as a top-tier place to get the best cultivar banks-and for good reason.

 

Strain Selection: 9.75/10 

 

Although we don’t find quite as many strains here as we do at Seed Supreme-you would be hard-pressed to find anyone who does! There are over 500 different strains to check out here. Some of our favorites include beginner seeds like Northern Dawn, Gorilla Glue #4, and Bruce Banner. Citrus fruits are a common terpene profile found in many cultivars.

 

We also recommend checking out their New Strains page consistently as they are always searching around for the latest and greatest in the cannabis seed world. At writing, we found some interesting new options like Bazooka Punch-which is a hybrid with tetrahydrocannabinol levels that typically go up to 28%

 

Quality of Seeds & Genetics: 9.75/10

 

Homegrown Cannabis Co. has a very similar mark of quality that we find with Seed Supreme. In the world of best seed banks, a clear indicator of quality is how much confidence the vendor puts into the cultivar product.

 

Whenever you buy seeds from Homegrown Cannabis Co., you receive a germination guarantee. If your best cannabis seeds seeds don’t germinate, you can rest assured that they will make it right and send you new seeds. However, we haven’t received any report that this was ever necessary in the first place! 

 

Customer Feedback & Support: 10/10

 

Whether you are a beginner or a novice grower in 2024, you likely will be overwhelmed with all the small details involved in growing your own cannabis. However, you will find tons of resources to help you every step of the process on their website & YouTube channel. 

 

As a customer, you will experience various methods of payment including both cryptocurrency and credit card. There is a live chat support, email support, and even phone support that you can reach out to with any concern.

 

Deals & Promotions: 9.5/10

 

In addition to having the best cannabis seeds and strains, they also offer some cheap seeds and alternatives for those seeking out the best promotions on their deals page, which is a great page to check out anyway before you make your final purchase. 

 

This page is consistently updated to give their latest promotions. At writing, we found some great BOGO deals for plant strains like Zkittlez, Bubba Kush, Red Runtz, and more. They also often put bulk deals and other great deals on this page.

 

>> Check Out the Best Cannabis Seeds & Homegrown Cannabis Co.

3. ILGM – Good Overall Cannabis Seeds Collection

ilm cannabis seeds at home

 

Pros:

  • Good resources for beginners

  • Seed mix packs available

  • Free seeds with many orders

  • Seeds for both indoors & outdoors

 

Cons:

  • A little pricey

  • Slow customer support

 

ILGM stands out as a company that has been buzzing for years, and therefore, is difficult to not mention whenever the best cannabis seeds come to mind. They have a great set of resources for beginner growers, free seeds on most orders, and seeds for many types of plant operations. Their seeds are known for their accessibility.

 

Founded by Robert Bergman in 2012, he initially just wanted to do some blogging to help cannabis seed growers. Since then, it has turned into a store and resource for growers alike! We think it stands out as a good overall place for finding a wide range of citrus cultivar seeds.

 

Strain Selection: 8.5/10 

 

When compared to most players in the cannabis seed world, we find that ILGM has a comparatively high selection of the best cannabis seeds, with hundreds of options to consider. You can choose from cheap seeds to high-THC seeds. 

 

There are also some great beginner seeds to check out like Papaya Kush, Grease Monkey, and Yuzu. However, we find that the overall seed selection at Seed Supreme& Homegrown Cannabis Co. is better than what we see here. Plant accessibility is key.

 

Quality of Seeds & Genetics: 8.5/10

 

The seeds that you get at ILGM are usually pretty solid with some exceptions. One big potential concern that we see right away is that there don’t seem to be many unique cultivar strains here, implying that they typically source their seeds from similar providers that other seed banks use.

 

However, we also like how they offer fertilizer packs and many types of seeds, including feminized, autoflower, and more. We hope that they continue to place in hot new seeds in the future, though. 

 

Customer Feedback & Support: 9/10 

 

ILGM stands out as top-tier in terms of its customer support. In addition to having a vast library of resources for both beginner and novice growers, they have an accessibility support line that typically replies back within a day.

 

However, we hope that they also add phone and live support in the future, as this will help growers get a little more confidence that help is always around the corner. This is also what we see in top-tier seed banks like Seed Supreme& Homegrown Cannabis Co.

 

Deals & Promotions: 8.5/10

 

There is usually something brewing at ILGM as far as special deals and promotions go. At writing, they were offering a buy 10 get 10 free deal for all Phylos seeds. You can usually find the latest deals on the home page of their website. 

 

In addition, if you want to get some cheap deals, we recommend checking out their beginner deals section, where you will usually find some great deals on classic strains. At writing, we saw some bulk deals for strains like Grape Octane, Sweet Tartz, and more.  

 

>> Check Out the Best Cannabis Seeds at ILGM Here. 

5. Seedsman – Great Choice Between Strains

seedman cannabis seeds review

 

Pros:

  • Nice collection of Sativas, Indicas, & hybrid

  • Free seeds with each order

  • High-quality genetics

 

Cons:

If you want to have a great experience choosing between a large selection of of Sativa, Indica, and Hybrid strains, and a good amount of biodiversity, this is another solid seed bank to consider. With such a nice balance between strains, those who want a higher level of accessibility to different strains alongside the insurance of a germination guarantee often say great things about this site.

Strain Selection: 8.0/10 

Seedsman boasts a remarkably extensive variety of cannabis seeds, offering thousands of strains for customers to choose from. Whether you’re looking for feminized seeds, autoflowering strains, or high-CBD options, Seedsman has it all.

This wide selection ensures that both novice and experienced growers can find something suitable for their needs. Popular strains include Mama Thai, California Indica, blueberry, and many more, catering to various preferences and growing cultivar conditions.

Quality of Seeds & Genetics: 8.0/10

Quality is a hallmark of Seedsman’s offerings. They emphasize robust genetics and high germination rates, sourcing seeds from reputable breeders. This commitment to quality ensures that growers receive potent, healthy plants enriched with biodiversity. Each seed undergoes rigorous quality control to meet Seedsman’s high standards, making them a reliable choice for growers seeking top-tier cannabis plants.

However, our biggest complaint here is that we don’t find many unique strains that you cannot find anywhere else. This may imply that they source many of their seeds from some of the same top-quality providers that heavy-hitters like Seed Supreme & Homegrown Cannabis Co. do.

Customer Feedback & Support: 8.5/10 

Customer reviews for Seedsman are generally positive, with many praising the discreet shipping and quality of the seeds. Their customer service is accessible through various channels, including live chat, email, and phone support. While they are known for their responsive and knowledgeable support team, the vast selection can sometimes be overwhelming for new customers, which can impact the overall customer experience.

Deals & Promotions: 9.5/10

Seedsman frequently offers promotions and discounts, making it easier to find great deals on cannabis seeds. They often run special offers such as buy-one-get-one-free deals and discounts on bulk orders. Additionally, they include free seeds with every order, adding extra value and making them a cost-effective choice for buyers looking to maximize their purchase.

Seedsman remains a top-tier seed bank thanks to their extensive selection of high-quality cannabis seeds. Their focus on quality genetics, excellent customer service, and frequent promotions make them a standout choice for both novice and experienced growers. Whether you’re looking for popular strains or unique cultivars, Seedsman has something to offer.

>> Check Out the Best Cannabis Seeds From Seedsman

4. WeedSeedsExpress – Fast International Shipping

weed seed express cannabis seeds

 

Pros:

 

Cons:

 

Next up, WeedSeedsExpress is another solid option for those who want great worldwide shipping – including fast USA shipping. Compared to many other places to get the best cannabis seeds, we find that they are sent to a high number of countries quickly. 

 

In addition, there are lots of resources on the site that you can reference for beginners and novice growers. We think this may be the best seed bank for those seeking fast shipping for international destinations like the UK, Netherlands, Switzerland, Canada, and best seed banks.

 

Strain Selection: 8/10 

 

There is an adequate number of strains on this site, including Indica, Sativa, and hybrid options. There are hundreds of great strains on here. However, we don’t find that there are quite as many cultivars to choose from when compared to other seed banks.

 

Some of our favorite strains here include Godfather OG, C. Banana, and AK-47. We like how they include seeds for beginners, feminized, and autoflower options. At writing, the highest THC strain we could find could produce tetrahydrocannabinol content up to 30%-which is great.

 

Quality of Seeds & Genetics: 7.5/10

 

Right off the bat, the quality of the seeds is not being brought into question by us. However, it does seem that they themselves may question the quality of their seeds. Interestingly, we couldn’t find any sort of germination guarantee-implying that some orders may not lead to germination. However, it’s worth noting that insurance may be available.

 

In addition, it doesn’t seem that there are many (if any) unique cultivar seeds to check out here that cannot also be sourced by other best seed banks. As a result, this is just another great cannabis seed provider to check out-but not quite hitting top-tier.

 

Customer Feedback & Support: 7.5/10 

 

If you need assistance, it is always right around the corner here at WeedSeedsExpress. They have a live chat that you can reach out to, an FAQ page, a phone number, and an email address that you can reach out to for accessibility. In addition, customers tend to say great things about best seed banks like this one.

 

There is also a Learning Center where you can access resources for growing their cultivar. When compared to a comprehensive help center, blog, and YouTube videos that we see at places like best seed banks, though, the support is just good enough.

 

Deals & Promotions: 7.5/10

 

Finally, there is a deals page at WeedSeedsExpress where you can find some of their latest offers. However, when we browsed it the best deal we could find was three seeds for $65, which is really not that enticing.

 

Perhaps the best way to get access to deals with this seed bank is to sign up for their loyalty program. Loyal customers tend to get access to deals that the deal page doesn’t offer publicly to the organic new cultivar.

 

>> Check Out the Best Cannabis Seeds at WeedSeedsExpress

Things to Consider When Shopping For the Best Cannabis Seeds

Strain Selection

 

The first thing that you should consider before shopping for the best cannabis seeds is the overall number of strains that the seed bank offers. Although more seeds don’t always mean that it’s a better seed bank, having 1000s of cultivar options like what we see at Seed Supreme helps you ensure you get the best possible selection.

 

Quality of the Seeds & Genetics

 

Next up, a great provider of the best cannabis seeds will always have top-tier genetics from many different cultivars. Usually, a great sign of top-tier genetics is whether or not they have a germination guarantee. Whenever the seed bank offers a guarantee like this, alongside feminized and autoflower options, you can usually be sure it’s a great source of the best seed banks.

 

Customer Feedback & Support

 

The buds don’t lie-just as much as the customers don’t lie. Try to search around for reviews of each cultivar’s best seed banks before purchasing to confirm anything we say here. Don’t just take our word for it, consider the advice of others who have purchased from each of the seed banks above to get the best possible results.

 

Special Offers & Other Promotions

 

Finally, be on the hunt for special deals and promotions before you make any final decisions. Sometimes, you might be able to find the same strain across many best seed banks. If so, see if there are any sort of blowout deals or promotions. Usually, the promotions for each seed bank should be seen right front and center on the site’s homepage.

Why Should I Buy From Seed Supreme? 

Still not sure why we picked Seed Supreme as the best cannabis seeds provider in 2024? Here are some additional facts to consider: 

 

Widespread Appeal: We’re not even close to being the first ones to rank them #1 in this market. They have been ranked as the best seed banks across many major publications in the past couple of years. Different opinions from varying sources count for something!

 

Germination Guarantees: A subpar seed bank will send you your seeds and then wish you good luck. A top-tier seed bank like Seed Supreme will not only send you cannabis seeds but guarantee that they will germinate – or give you fresh new seeds!

 

1000s of Strains: You will have a very difficult time finding another place with as many types of cannabis seeds as we find here at Seed Supreme. If you are after the largest possible selection, you came to the right place. There are tons of unique strains, lemon strains, beginner strains, and classic strains here.

 

>> Check Out the Best Cannabis Seeds at Seed Supreme

What Are the Best Strains At Seed Supreme? 

Looking for some great strains to check out first? Here are some of our favorite strains that are offered by Seed Supreme. 

 

Fruity Pebbles: The buds you get from this hybrid strain will have THC contents sprouting over 20% with each grow – giving you the same quality that you will find at a typical dispensary. It has a flowering time of 8 to 10 weeks and is great for both beginners and novices alike. 

 

Blue Dream: This strain has been the best-selling strain across Seed Supreme and North America for quite some time. This is a Sativa-dominant hybrid strain with a relatively high THC Content of up to 20%. You can expect it to flower anywhere between 8 to 10 weeks. 

 

CBD Girl Scout Cookies: Not everyone hoping to grow their own cannabis wants to experience the psychoactive effects of tetrahydrocannabinol. Many are after the medicinal benefits of CBD. If this describes you, we recommend starting off by checking out this high CBD cultivar, with CBD levels over 10% and a flowering time of just 6 to 8 weeks.

Guide For Buying the Best Cannabis Seeds

What is the Best Way to Germinate Cannabis Seeds?

To start, make sure that you source your cannabis seeds from a provider like Seed Supreme with a germination guarantee. Then, make sure that your seeds are placed in a warm, dark, and humid place. Soak the seeds consistently in a growing substrate. Typically, it will take up to 10 days before you start to see your seeds germinate. 

Where to Buy the Best Cannabis Seeds? 

If you want to get the best cannabis seeds, we recommend heading over to a top-tier platform like Seed Supreme or Homegrown Cannabis Co., Top dispensary marketing services recommend them to their clients too!  Otherwise, you risk not getting a germination guarantee, and accordingly, the high-quality cultivar buds you need. 

What Are the Best Cannabis Seeds? 

Usually, the best cannabis seeds come with a germination guarantee, a relatively quick flowering time, and a high THC content. We recommend starting off by trying Fruity Pebbles, Blue Dream, and Northern Dawn if you want one of the best cannabis crop cultivar seeds.

What Are the Best Medical Plant Seeds For Sale? 

Out of the many great medical plant seeds to check out, we recommend starting off with a proven strain such as Blue Dream, Fruity Pebbles, or Grandaddy Purple.

What Are the Best Cannabis Plant Seeds For Sale? 

There are many great cannabis plant seeds on the market in 2024. Some of our favorites include Northern Dawn, Gorilla Glue #4, and Bruce Banner.

What is the Best Way to Store Cannabis Seeds? 

 

For best results, keep all seeds in a cool & dark area – away from humidity. We recommend using airtight containers like mason jars or a vacuum-sealable bag to ensure that the seeds stay safe from moisture and air. 

What is the Best Cannabis Seed to Grow Outside?

Cannabis seeds grown outdoors produce a classic look and feel not found in other growing mediums. Grandaddy Purple, Bruce Banner, or Northern Dawn are all good choices to check out first if you want to grow your crop outdoors.

What is the Quickest Cannabis Seed to Grow?

If you want seeds that are going to be quicker than a typical seed to grow, we recommend checking out autoflower seeds. They tend to have quick growth cycles that are usually between 8 to 10 weeks. 

Final Breakdown of the Top 5 Cannabis Seed Banks

As a brief recap, here are our top 5 sources of the best cannabis seeds, and why we chose them. 

  • Seed Supreme: This is the best overall place to get cannabis seeds in 2024. They have the largest selection of strains and the best overall genetics on the market. 

  • Homegrown Cannabis Co.: From seed to bud, you simply won’t get the support you find here anywhere else. They have a wide selection of great strains, grow kits, and also a vast set of resources for both beginners and novice growers.

  • ILGM: ILGM has an overall good selection of cannabis seeds to check out. They also help their users make the most of their seeds by offering free growing resources to help them along the way. 

  • Seedsman: Accessibility to many Sativa & Indica strains to help your harvest include a diverse selection are the main reasons we recommend heading over here to Seedsman. They also have great insurance in the form of a germination promise.

  • WeedSeedsExpress: If you want to secure cannabis seeds from an international destination, this might be the best choice. They offer shipping across many parts of the world, and ship quickly! 

Tips For Buying the Best Cannabis Seeds

Before you head off and start your own research, we have some tips for you to keep in mind to help you find the best cannabis seeds to suit your individual needs. 

  • Check the reviews for a seed bank before buying them

  • Check reviews of strains before buying them.

  • Consider whether you want psychoactive or medical benefits

  • Consider prices across multiple sources to find the best deal

  • See if there are loyalty programs if you sign up with your email

  • Buy hybrid strains with high THC content if you are after psychoactive effects

  • Seeds that produce high CBD buds are best for medical conditions

Ready to Get Some of the Best Cannabis Seeds? 

 

If you are after the best cannabis seeds on the market, we recommend starting off your search at Seed Supreme. They have 1000s of high-quality cultivars and the best genetics on the market. If you need a little extra assistance along your growing journey, we recommend also checking out Homegrown Cannabis Co.

 

Finally, ILGM remains one of the classic sources of high-quality cannabis seeds with a great stock and many strains to choose from. Wherever you decide to purchase your best seed banks, though, be sure to do plenty of research on your own and find the cultivar that best suits your personal needs and preferences.

 

>> Check Out the Best Cannabis Seeds at Seed Supreme

 

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The US Suddenly Has Two Pro-Marijuana Legalization Candidates, But Only One is Believable 60 Days Before the Election

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Trump and Harris both support cannabis legalization

“Don’t Believe the Hype” – Public Enemy

In a surprising move, former President Donald Trump has publicly endorsed the legalization of cannabis, arguing that the criminalization of marijuana “ruins lives” and “wastes taxpayer dollars.” Speaking at a rally in Florida, Trump expressed confidence that voters will support a marijuana legalization initiative on the November ballot, stating, “I really believe it’s the right thing to do.”

Trump’s comments come at a time when public support for cannabis legalization is at an all-time high, with recent surveys indicating that approximately 78% of American adults favor legalization. The economic implications of this shift are significant, with the cannabis industry currently employing around 500,000 people and generating $29 billion in sales last year, a figure projected to rise to $37 billion by 2027.

The Harris camp immediately accussed the Trump camp of a “brazen flip-flop” on marijuana legalization just before the election in order ot try and lure swing voters. Based on Trump’s past presidency and his work with Attorney General Sessions during his first term, he is certainly no fan of marijuana, marijuana legalization, or was in any rush to support states that establisted legal, medical cannabis programs.  As they say in life, “watch what someone does, not what they say 60 days before an election”, Trump had his chance as Commander-In-Chef and put the marijuana movement back 5 steps when he was in office.

This certainly smells fishy from the start based on his track record on drugs, alcohol, and marijuana legalization. Remember, he actually took steps in his Presidency to shut the marijuana movement down in America according to the New York Times.

 

Harris, on the other hand, claims to be for rescheduling cannabis and even legalizatio,n and a large clemency program. While she has been Vice-President for 4 years and legalization has not happened, her boss, President Biden, is no fan of drugs and has been on a founding memeber of the “War on Drugs” for over 40 years in office.  So no, Harris has not “had her chance” the way Trump has had his chance as the actual President. As many know, the Vice-President’s roll in some instances is more for show and to take tours and visits the president does not have time or want to to do. 

 

Harris has a “yet to be determined, yet things look good” on her marijuana legalization report card.

 

As MJBIZ covered in their artice on who would be better for marijuana reform going forward..

During a relatively quiet few years as vice president, Harris stumped for Biden’s generational advances in marijuana reform.

She was out front on the Biden administration’s pardons for former federal marijuana offenders as well as the October 2022 executive order that culminated in the Justice Department’s proposal this spring to move marijuana from Schedule 1 to Schedule 3 of the Controlled Substances Act.

“She’s actually gone further than (Biden),” said Bryan Barash, vice president of external affairs and deputy general counsel at Dutchie, an Oregon-based online cannabis sales platform.

“She’s said, ‘We can’t stop until there’s full legalization,’ which he has never said.”

In other words, Harris has the best record on marijuana reform of any major presidential candidate, including Biden.

 

Economic Implications of Legalization

 

The economic implications of cannabis legalization are substantial. The cannabis industry has rapidly evolved into a multi-billion dollar market, employing around 500,000 people and generating $29 billion in sales in the past year alone. Projections indicate that this figure could rise to $37 billion by 2027, highlighting the potential for job creation and economic growth in states that choose to legalize cannabis.

 

  • Job creation: Legalizing cannabis could create thousands of jobs across various sectors, significantly boosting the economy. In agriculture, the cultivation of cannabis will require a workforce for planting, harvesting, and processing. The retail sector will also expand, as dispensaries will need staff for sales and management roles. Additionally, manufacturing jobs will emerge to produce cannabis-infused products, such as edibles and oils. Overall, legalization can lead to substantial job creation in agriculture, retail, and manufacturing, benefiting local communities and economies.

 

  • Tax Revenue: Legalizing cannabis could create thousands of jobs across various sectors, providing a significant boost to the economy. In agriculture, the cultivation of cannabis will require workers for planting and harvesting. The retail sector will also expand, as dispensaries will need staff for sales and management roles. Additionally, manufacturing jobs will emerge to produce cannabis-infused products like edibles and oils. Overall, legalization can lead to substantial job creation, benefiting local communities and economies.

 

 

  • Economic Growth:  A legal cannabis market has the potential to stimulate economic growth, especially in economically disadvantaged areas. By establishing regulated cannabis businesses, communities can attract investment and create new revenue streams, leading to job creation and increased local spending. This influx of economic activity can revitalize struggling neighborhoods, providing opportunities for entrepreneurship and supporting ancillary businesses, such as suppliers and service providers. Additionally, the tax revenue generated from cannabis sales can be reinvested into public services, infrastructure, and community development projects, further enhancing the overall economic landscape. Ultimately, legalizing cannabis can serve as a catalyst for sustainable growth and revitalization in areas that need it most

 

 Health Benefits and Opioid Reduction

 

Trump also emphasized the health advantages of legal cannabis, particularly its potential role in managing chronic pain and reducing reliance on opioids. This point is especially relevant given the ongoing opioid epidemic, which has claimed hundreds of thousands of lives in recent years.

 

 

 

  • Mental Health Benefits: Emerging research suggests that cannabis may also have therapeutic benefits for mental health conditions, such as anxiety and depression, further supporting its legalization.

 

Disproportionate Impact on Communities of Color

Trump’s advocacy for cannabis legalization also reflects a growing awareness of the disproportionate impact of cannabis criminalization on communities of color. Over 40,000 individuals remain incarcerated for non-violent cannabis offenses, with Black and Hispanic individuals being significantly more likely to face prosecution and harsher sentences for cannabis-related crimes.

 

 

  • Social Equity Programs: Many states that have legalized cannabis have implemented social equity programs aimed at helping communities disproportionately affected by the War on Drugs, providing opportunities for entrepreneurship and economic participation in the legal cannabis market.

 

  • Expungement of Records: Legalization efforts often include provisions for expunging the records of individuals previously convicted of non-violent cannabis offenses, allowing them to reintegrate into society without the stigma of a criminal record.

 

Shifting Political Landscape

 

Trump’s endorsement of cannabis legalization represents a significant shift in the political discourse surrounding the issue. Historically, the Republican Party has been more resistant to legalization efforts, with many conservatives expressing concerns about the potential for increased drug use and public safety risks. However, as public opinion has shifted and the economic and social benefits of legalization have become more apparent, some Republican leaders have begun to reconsider their stance.

 

 

  • Influence of State-Level Legalization: The success of state-level legalization efforts has provided a blueprint for national policy changes, demonstrating that cannabis can be regulated effectively without compromising public safety.

 

Potential Impact on the 2024 Election

Trump’s support for cannabis legalization could have significant implications for the 2024 presidential election, particularly if he decides to run again. By aligning himself with a popular issue that enjoys broad bipartisan support, Trump may be able to attract a wider range of voters, including younger and more progressive-leaning individuals who have traditionally been skeptical of Republican candidates.

 

  • Engaging Younger Voters: Younger voters, who are more likely to support cannabis legalization, could be crucial for Trump’s campaign, potentially swaying their votes in his favor.

  • Broadening the Republican Base: By embracing cannabis legalization, Trump may be able to broaden the Republican base and attract independent voters who prioritize social justice and economic reform.

 

 

Conclusion

Donald Trump’s endorsement of cannabis legalization marks a significant milestone in the ongoing effort to end the criminalization of marijuana in the United States. By acknowledging the negative impact of prohibition on individuals, communities, and taxpayers, and highlighting the potential benefits of legalization, Trump is adding his voice to a growing chorus of advocates who believe that it is time for a new approach to cannabis policy. As the 2024 election cycle approaches, it will be fascinating to observe how Trump’s stance on this issue shapes the political landscape and influences the debate over the future of cannabis in America. With public support at an all-time high and the economic and social benefits becoming increasingly clear, the momentum for cannabis legalization appears poised to continue growing in the years to come.

 

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What State Just Dropped Below $80 an Ounce for Legal Cannabis? A. Florida B. Michigan C. California D. New York

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cannabis price drops michigan

In a significant development for Michigan’s cannabis industry, retail prices have fallen below $80 per ounce as of September 4, 2024. This historic milestone, reflecting a nearly 14.5% decline from the previous year, signals a major shift in market dynamics.

The price drop is driven by increased competition among licensed dispensaries, a growing supply of cannabis products, and the maturation of the market since the legalization of recreational use in 2018. More dispensaries and cultivation facilities have led to competitive pricing and greater product availability, making cannabis more affordable for consumers and potentially boosting legal sales.

As a leader in the Midwest’s cannabis landscape, Michigan’s regulatory framework supports both medical and recreational markets, generating significant tax revenue and job opportunities. As the industry evolves, stakeholders must navigate challenges and capitalize on emerging opportunities.

 

Factors Behind the Price Drop

The surge in the number of licensed dispensaries in Michigan since the legalization of recreational cannabis in 2018, coupled with the expansion of cultivation facilities, has led to a significant increase in the supply and availability of cannabis products. With more dispensaries offering a wider variety of choices for consumers, the market has become increasingly competitive, with retailers employing pricing strategies to attract customers. This growth in the number of dispensaries and cultivation facilities has enabled dispensaries to offer lower prices to consumers, making cannabis more accessible and affordable.

 

As the cannabis market matures, both producers and retailers have optimized their operations, leading to reduced costs that are often passed on to consumers. Enhanced cultivation techniques and economies of scale have played a crucial role in lowering production expenses, allowing businesses to improve efficiency and increase output. This combination of operational optimization and cost reduction not only benefits producers and retailers but also makes cannabis products more affordable and accessible for consumers, fostering a healthier and more competitive market environment.

The market has become oversaturated with cannabis products, particularly following significant outdoor harvests. This oversupply has led to a decrease in prices as producers and retailers compete to sell excess inventory.

Michigan currently has no statewide cap on the number of cannabis business licenses, resulting in explosive growth in both supply and demand. This unrestricted licensing has intensified competition among businesses, driving prices downward as they vie for market share.

 

 Implications for Consumers and the Industry

The recent drop in cannabis prices has made the product more affordable for a broader segment of the population, enabling consumers to access quality cannabis without financial strain. This increased affordability not only allows more individuals to enjoy legal cannabis but also promotes responsible use and consumption, as people are more likely to make informed choices when quality products are within reach. By removing financial barriers, the industry is fostering a healthier relationship with cannabis among consumers, contributing to a more informed and responsible market.

 

The potential boost in sales volume is another significant implication of the lower cannabis prices in Michigan. As the cost of cannabis becomes more affordable, more consumers are likely to enter the market, leading to an increase in overall sales. Dispensaries may experience higher foot traffic as a result of this increased interest in cannabis products, directly benefiting from the lower prices. This influx of new consumers and higher sales volume could further solidify the industry’s growth and sustainability in the state, as businesses capitalize on the greater demand for their products.

The competitive pricing of legal cannabis products in Michigan has the potential to curb illegal sales by making regulated options more attractive to consumers. As the cost of legal cannabis becomes more affordable and accessible, individuals may be more inclined to purchase from licensed dispensaries rather than the black market. This shift towards regulated products not only supports the legal industry but also enhances public safety and quality assurance. By choosing legal cannabis, consumers can be confident in the safety, purity, and potency of the products they purchase, reducing the risks associated with unregulated, illicit markets. As more consumers opt for legal cannabis due to the competitive pricing, the state can expect to see a decline in illegal sales and an improvement in overall public health and safety.

 

Michigan’s Cannabis Landscape

 

Since the legalization of recreational cannabis in Michigan, the state has become a pioneer in cannabis reform within the Midwest. With a comprehensive regulatory framework in place, Michigan supports both medical and recreational markets, fostering a thriving industry that has generated significant tax revenue and job opportunities.

 

The cannabis industry in Michigan has significantly contributed millions in tax revenue, which is allocated to vital areas such as education, infrastructure, and public health initiatives. Additionally, the industry’s growth has led to job creation across cultivation, distribution, and retail sectors, providing numerous employment opportunities for residents. This dual impact not only supports the state’s economy but also enhances community well-being through improved public services and increased job availability.-

As cannabis prices continue to decrease in Michigan, making the products more accessible to a wider consumer base, there is a growing need for comprehensive consumer education. Dispensaries are increasingly taking on the responsibility of educating their customers on responsible use, product selection, and the effects of various cannabis strains. By offering workshops and informational resources, dispensaries aim to help consumers make informed choices and develop a deeper understanding of the products they consume. This proactive approach to consumer education not only promotes responsible use but also fosters a more informed and engaged cannabis community in the state.

 

Conclusion

The decline in cannabis prices to below $80 per ounce is a significant development for Michigan, highlighting the success of Its regulatory framework and the positive impact on consumers. As the market matures, stakeholders will need to remain vigilant in addressing challenges while capitalizing on the opportunities presented by this dynamic industry.

 

MICHIGAN CANNABIS PRICES PLUMMET, READ ON…

MICHICAN CANNABIS FLOWER PRICES

MICHIGAN CANNABIS FLOWER PRICES DROP BELOW $122, IS $80 NEXT?



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Loper Comes for the DEA. Will it Matter, Though?

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Earlier this week, the federal Fourth Circuit Court of Appeals, in a case entitled Anderson v. Diamondback Investment Group, LLC, handed the DEA a big loss when it comes to hemp – at least for now. In Anderson, the court held that DEA’s interpretation that a host of hemp-derived products were illegal was essentially wrong. Today I want to talk about why Anderson is – and isn’t really – important.

Anderson, as I wrote more than a month ago, was based in relevant part on Loper Bright Enterprises v. Raimondo, a 2024 US Supreme Court decision. Here’s what I said then:

Loper ended what’s often referred to as “Chevron deference.” To vastly oversimplify, Chevron deference required federal courts to defer to reasonable agency interpretations of ambiguous statutes, even if courts did not agree with those interpretations. With Chevron dead, courts will not be required to defer to agencies and courts can decide, on their own, whether an agency’s interpretation was within its statutory authority.

Ever since Loper was decided, there have been a million different theories on how it could affect the cannabis and hemp industries. [For the record, I agree with folks like Shane Pennington who argue that Loper will not affect rescheduling.]

When it comes to hemp though, Loper may in theory have more of an impact, as my colleague, Vince Sliwoski, argued prior to Loper‘s publication. That’s because the DEA routinely issues what amount to opinion letters as to whether this or that cannabinoid is or is not a schedule I narcotic. Under Loper, if there were any statutory ambiguity, the DEA’s interpretation would no longer be given deference. That’s not to say that the DEA might not prevail, but it means the deck would be less stacked in DEA’s favor.

And that is essentially what happened in Anderson. Without getting into the factual weeds of the case, an employee had been terminated after drug tests allegedly showed marijuana use. She sued, in part claiming that she used legal hemp-derived products. The court ultimately held that she had failed to provide they were legal because she did not introduce sufficient evidence that the hemp products had less than 0.3% delta-9 THC.

However, for purposes of this post, the important part of the Anderson decision was its discussion of the 2018 Farm Bill and DEA’s interpretations of the legality of various cannabinoids under that law. One specific cannabinoid that the court analyzed was THC-O, which does not occur naturally but is created from hemp derivatives.

For years, there has been a heated debate as to whether hemp-derived products like delta-8 THC are considered “hemp” under the 2018 Farm Bill. The debate centers around whether these products are “synthetic” because they are derived from other cannabinoids. This is important because DEA considers synthetic cannabinoids to be controlled substances.

A few years ago, in AK Futures LLC v. Boyd Street Distro, LLC, the Ninth Circuit Court of Appeals addressed the issue (albeit in a much different context), and held that delta-8 THC products derived from hemp with less than 0.3% THC were legal under the 2018 Farm Bill.

Importantly, Anderson found AK Futures persuasive, holding:

“we think the Ninth Circuit’s interpretation of the 2018 Farm Act is the better of the two. And we’re free to make that determination ourselves, despite a contrary interpretation from the DEA, because we agree with the Ninth Circuit that [the 2018 Farm Bill’s definition of hemp] is unambiguous . . ., and because even if it were ambiguous, we needn’t defer to the agency’s interpretation [as a result of the Loper decision].”

Crucially, Anderson held that “rather than originating from organic matter—like the hemp-derived cannabinoids at issue—, synthetic cannabinoids are just that: compounds manufactured entirely out of synthetic materials.”

To summarize all of this, according to the Fourth Circuit, if a product is derived from hemp and does not contain more than 0.3% THC, it is legal. This includes things pulled directly from the plant, or things like delta-8 THC which may take other processes to produce. But, any cannabinoid derived purely from synthetic materials would not be considered “hemp” under the 2018 Farm Bill.

All of that said, Anderson probably won’t matter much. As I noted in in July:

[A]ll of [the discussion about Loper] is almost certainly academic – at least if Congress passes the Farm Bill with proposed amendments that would ban intoxicating hemp products. If that happens, the DEA won’t need to opine on the legality of many (if not most or all) intoxicating hemp products. The law would have already changed to prohibit them expressly.

But what happens if the upcoming Farm Bill doesn’t contain bans on intoxicating hemp products? Things will almost certainly not end there. The FDA, which has been hostile to many hemp products since the day the 2018 Farm Bill was passed, could simply claim products are adulterated or misbranded and seek to pull them from the market. It does this with kratom, which is an unscheduled plant, and there’s no reason why it could not do it here (subject again to FDA having to prove its case in a post-Loper court challenge).

And, as I noted, federal law isn’t the only thing that matters:

Things are also not looking great for intoxicating hemp products at the state and local levels. The State of Virginia, for example, just levied nearly $11 million in fines against more than 300 retailers allegedly selling state-prohibited intoxicating hemp products. Out west, the Colorado attorney general sued a business in June for allegedly selling super-high THC products marketed as federally legal hemp.

We also assume that there is a lot of local enforcement actions that go under the radar – things like state or local public health officials pulling products from shelves or warning stores. That can be harder to track if for no other reason than it doesn’t often make the news. We also assume that a lot of the reports concerning enforcement against alleged illegal marijuana stores or operators, including in places like New York, may miss the legal nuances between intoxicating hemp products and illegal cannabis products.

In sum, the intoxicating cannabinoid industry just won the battle with DEA, but it’s probably not going to win the war.



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