Cannabis

California or New York? Which Has The Biggest Marijuana Mess?

Published

1 year ago

June 15, 2023

admin

Colorado, Illinois, Oregon, Michigan, and seventeen other states have rolled out recreational marijuana. None with the ongoing drama of California and New York. The two have provided fodder for industry business media (and mainstream media also), the gnashing of teeth for investors, tears and anguish for legal business owners and confused consumers.

The legal marijuana industry was worth $28 billion in 2022, with an expectation to rise in 2023. Currently, 23 states have recreational and 40 have medical with over 48 million Americans consuming cannabis annually. It is becoming a big business, and the two most important states are California and New York. Both undercut the industry, feed drama and stymie federal legalization.

marijuana dispensary — Photo by smodj/Getty Images

California is the original major player and home of the largest legal market in the country, if not the world. California is estimated to have done $5.3 billion in 2022, and that is just what is reported. The state is home to Medmen, High Times, and more players who have blended into the mainstream media. Medmen has even been mocked by the show South Park. But what really undercuts the California market is the taxes. Early on, everyone saw it as a cash cow and everyone wanted a piece of the action. Local, regional and state governments dove deep into the industry, all demanding a chunk.

In California there is an Excise Tax, A State Sales Tax, A Business Tax, and a Local Tax. The revenue has been good for the state, but they forgot to do one thing. They haven’t built a system to eliminate the unauthorized (illegal) companies, so customers and businesses have reverted to “old school” black markets around the state.

California’s legal market lost nearly one-quarter of its total growing area after the start of 2022. Legal high priced indoor grow competes with cheap outdoor grow. Governor Newsom, the state’s legislature and the industry forgot customers care about price. For the first time, legal sales went backwards in the state as use stayed the same or trended up.

Green Market Report broke the news about California-based Glass House Brands Inc. being charged as “one of the largest, if not the largest, black marketers of cannabis in the State of California, if not the country,”. They have been shipping cannabis across state lines, according to a new lawsuit filed by one of the company’s retail competitors.

Where are they shipping the hot goods? Some are going to New York State, which has been rolled with its own pandemonium.

New York State converted from medical to fully recreational in 2021, but the rollout happened in 2022 after a chaotic total overhaul of original plan that had mass buy in from existing players. Currently, New York City has about 1,500 unlicensed retailers operating with the state working to close several a month. These stores sell legal, semi-legal, local illegal and California illegal products each day.

This week, the New York Cannabis Control Board met and managed to avoid significant action. One of the agenda items was the resignation of Reuben McDaniel who as CEO of the Dormitory Authority of the State of New York (DASNY) was in a unique, if not sticky, situation. McDaniel had not won friends in his helping roll out legalization.

As Green Market Report shared “The members opened the meeting with the unanimous approval of 36 new conditional adult use retail dispensary permits, bringing the total number of retail licensees to 251. The new licensees included seven in the Finger Lakes Region, which had previously been stalled by litigation. But as of Thursday, there are only 13 operational retailers, OCM staff noted, with two more set to open in coming days in the Bronx and Syracuse. Getting even more open as soon as possible is one of the OCM’s top priorities. Chief Equity Officer Damian Fagon told the board his office is sifting through more than 300 dispensary location applications as quickly as possible, with 146 that have already been approved.”

how the costco of cannabis will upend marijuana black market — Photo by Yarygin/Getty Images

That would be 146 legal stores statewide versus 1,500+ illegal stores in NYC who are loose on rules and taxes. The 1,500+ stores have been doing a solid business to the population. Unfortunately for the legal growers and product makers, those customers are unreachable thanks to New York Cannabis Control Board.

New York and California are important markets and key to federal approval. In an ever-changing world there seems to be constant, government trend to overlook the vox populi (popular sentiment or opinion).

Source link

blood

Can Marijuana Consumers Donate Needed Blood

Published

1 day ago

November 20, 2024

admin

If you drink alcohol, you can drink, but it has to be out of your body’s system. it is recommended you not have booze 24 hours before donating. Like alcohol, you can donate blood, but you have to let the marijuana move out of your system. Potential donors cannot give if cannabis use impairs their memory or comprehension. The Red Cross does not test blood donations for the presence of tetrahydrocannabinol, or THC, the principle psychoactive component of the cannabis plant. But you should wait 24 hours from the last time you are high.

Donating blood is easy. You go to the nearest location, sign in, show ID, and read some information. You’ll answer questions online or in person, and receive a health check.

The acutional process is easy, a sterile needle is inserted into a vein in your arm, and blood is drawn into a bag. The donation usually takes 8–10 minutes and feels like a quick pinch. Afterwards they providea snack and drink and 10–15 minutes to recovery before resuming your day.

Source link

American Medical Association

The DEA Against The Vast Majority Of The Public About Marijuana

Published

2 days ago

November 19, 2024

admin

The cannabis industry is concerned about the direction of regulations – and the DEA is still against the plant.

The cannabis industry is very concerned for the future. While many supported the incoming president with hopes for action, things look rough. The Speaker of the House is against legal marijuana, the pro-weed Attorney General nominee seems to be in trouble, and some of the new Senate leadership feel cannabis issues as dead on arrival. And is this giving an indicator to the Drug Enforcement Administration (DEA) to not do anything? It is the DEA against the vast majority of the public about marijuana.

Every poll shows at least 88% of the population is for some form of legal cannabis. Florida had almost 57% of their voting public support full recreation. Almost all major medical organizing including the federal government’s Health and Human Services and the Food and Drug Administration, the American Medical Association and the American College of Physicians have supported rescheduling. Their reason is proven science around it providing clear medical benefits. But the DEA seems to be against it.

Now, the DEA and their Chief Administrative Law Judge John Mulrooney has denied a key group from being part of the hearing. Cannabis has been proven to help with PTSD and the Veterans adminstartion has rearranged its process to allow veterans to seek this option of treatment. The Veterans Action Council (VAC), an organization supporting cannabis access for military veterans, petitioned request “status as an interested party” to give testimony.

This is a follow up from an earlier requested to participate. Despite working with the government, the group was not included on the list of 25 participants released Oct. 31 by DEA Administrator Anne Milgram.

According to a footnote in the order denying the Veteran group a chance to testify, the DEA could allow more participants to testify. But DEA DIrector Milgam has shown no love for cannabis or the industry, and the current list leans heavily into the anti-cannabis group and against the general public.

As reported in early summer, Director Milgram made an unusual request of top deputies summoned in March for the “Marijuana Meeting”: Nobody could take notes. This has made the industry very anxious and hoping for a positive outcome for the thousands of mom and pop businesses.

Source link

Cannabis

Be More Productive During The Holidays With Marijuana

Published

2 days ago

November 19, 2024

admin

The holidays are also a very busy time of year. And despite the myth, marijuana can help you be more productive.

It is the time of year when you still have a job, but are expected to do extra for all the holidays. Family gatherings, meeting up with friends, shopping, kids concerts and more suddenly jam the schedule. For some, it is the most stressful time of the year. But here is how to be more productive during the holidays with marijuana. Alcohol can often add to the holiday stress by having a hangover or generally making you sluggish.

RELATED: Beer Sales Flatten Thanks To Marijuana

There is the new trend of California sober, where you swamp marijuana for alcohol and it is taking off. Microdosing (usually with gummies), is another way people are benefiting from the plant without being fully stoned. While smoking is still a popular way to consume, edibles, gummies, vapes and oils are discreet and easy to take into almost any situation.

Also, pay attention to how different strains and consumption methods affect your productivity. Everyone’s endocannabinoid system is unique, so what works for others may not work for you. Experiment responsibly and adjust your approach based on your personal experiences.

Selecting an appropriate cannabis strain is crucial for maintaining productivity. Sativa-dominant strains are generally better suited for daytime use and staying active, as they tend to provide more energizing and uplifting effects. Look for strains high in limonene, a terpene known for its mood-boosting and focus-enhancing properties.

Proper dosing is essential to avoid becoming overly intoxicated. Start with a small amount and gradually increase as needed. Microdosing, which involves consuming very small quantities of cannabis, can be an effective way to experience the benefits without compromising cognitive function.

Before consuming cannabis, take time to establish clear objectives for your day or work session. Writing a to-do list can help declutter your mind and provide a tangible roadmap for your tasks. This practice allows you to focus on execution rather than planning once the effects of marijuana set in.

Consider when and where you use cannabis to maximize its potential benefits. Some users find that consuming during a lunch break or after completing a portion of their work helps refresh their mind without derailing productivity

RELATED: Rainy Weather Cocktails

Once you’ve consumed cannabis, dive straight into your tasks and maintain that momentum throughout your session. Avoid the temptation to take early breaks or rewards, as this can disrupt your flow and make it challenging to regain focus.

Some users find that combining cannabis with moderate amounts of caffeine can help counteract any drowsiness and enhance focus. However, be mindful of your caffeine intake, as excessive consumption may lead to increased anxiety.

Remember that while cannabis can potentially enhance productivity, it’s not a magic solution. Maintain discipline in your consumption habits and work ethic. Start with small amounts, use the momentum to accomplish tasks, and avoid overindulging. By implementing these strategies, you can harness the potential benefits of marijuana while staying productive and focused on your goals. Remember to always consume responsibly and in compliance with local laws and regulations.

Source link