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Hemp industry leaders, state marijuana regulators and members of Congress all seem to agree the feds should regulate CBD — but the standoff is over intoxicating hemp products.
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Business owners say they had no idea they were paying marijuana prices for a ‘synthetic’ THC that had been converted from hemp.
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The industry has sold more than $715 million of marijuana in the nearly 7 months since recreational sales began in February. Adult-use products account for almost $550 million of that total.
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Marijuana testing labs face pressure to say products have higher THC potency results or lose business. The Missouri Department of Health and Senior Services' new rules — including an extra layer of “round robin” testing or auditing of marijuana products — aims to prevent the practice.
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Amendment 3 legalized recreational marijuana in Missouri. It also required all nonviolent marijuana-related misdemeanors and felonies to be expunged by June 8 and December 8, respectively. But the state doesn’t know how many cases are left, and experts say the courts aren't equipped to handle those that remain before June or December.
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Missouri’s emerging marijuana industry surpasses $1 billion in sales
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Between recreational and medical marijuana, Missouri hit $350 million in sales in the first three months since the state began allowing dispensaries to sale legal weed. Yet cannabis business owners say those numbers could be even higher since cultivators and manufacturers aren’t working at max capacity.
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As Illinois’ legal marijuana industry and the demand for educated workers grow, schools and companies are collaborating on cannabis classes.
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420 Day has sparked conversation about cannabis across the country as more states legalize recreational use.
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Strong demand has led to a tighter cannabis supply as growers in the state adjust to meet consumers' needs.