In The News

The Grinch Stole SAFE Banking from the Cannabis Industry This Christmas, Yet Again!

As of December 2024, it has become official: the current Congress will not provide any protections for banks that serve state-legal marijuana businesses. This decision has significant implications for the cannabis industry, which continues to grow rapidly despite the lack of federal support.

Source: cannabis.net

What Federally Illegal Drug Has Created Almost $10 Billion in Sales Tax Revenue for States in the Last 40 Months?

In a significant development for the burgeoning cannabis industry, the U.S. Census Bureau has reported that states across the nation have collectively amassed over **$9.7 billion** in tax revenue from marijuana sales since mid-2021. This figure underscores the economic impact of legalized cannabis and highlights the growing acceptance of marijuana as both a recreational and medicinal substance in various states. As more states move toward legalization, the financial implications both positive and negative are becoming increasingly evident.

Source: cannabis.net

CSQ Launches Compliance Toolkit for Colorado Operators Following the Certification’s Approval to Audit CO’s Safe Harbor Hemp Products

CSQ’s accredited certification program, along with its Certification Body, ASI are both now approved by the Colorado Department of Public Health & Environment (CDPHE) for Safe Harbor Hemp manufacturers for cGMP certification, per Colorado’s revised statutes that took effect July 1st. 

The post CSQ Launches Compliance Toolkit for Colorado Operators Following the Certification’s Approval to Audit CO’s Safe Harbor Hemp Products appeared first on Cannabis Industry Journal.

Don’t Reinvent The Wheel: A Tour of ASTM Standards for Cannabis and Hemp – Part 2

In our previous article, we delved into the foundational ASTM International standards that are shaping the cannabis and hemp industries. We explored the first true universal symbol for cannabis, water activity controls, and Hazard Analysis and Critical Control Points (HACCP) standards. As we continue this journey, we turn our attention to four additional ASTM International…

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The post Don’t Reinvent The Wheel: A Tour of ASTM Standards for Cannabis and Hemp – Part 2 appeared first on Cannabis Industry Journal.