Newly Legal States Present Diverse Opportunities for Marijuana Growers Amid Varied Market Conditions
Not all new marijuana markets offer the same business opportunities for cannabis cultivators. The Nov. 3 election opened doors for marijuana growers in five states, potentially generating over $2.5 billion in medical and recreational cannabis sales annually by 2024. However, the appeal of these new markets varies significantly due to factors like location, size, and […]
Five States Approve Cannabis Legalization Measures, Marking a Historic Election Night Victory
In a landmark development for cannabis legislation, all five states with cannabis measures on the ballot during the November 2020 election have voted in favor of either medical or adult-use legalization. New Jersey, Arizona, and Montana approved adult-use cannabis, while Mississippi passed a measure for medical cannabis. Notably, South Dakota became the first state to […]
Mississippi Approves Legalization of Medical Cannabis, Marking a Historic Shift in State Policy
Preliminary results from Mississippi indicate that the legalization of medical cannabis has passed with approximately 67% of the vote, as reported by the New York Times. Initiative 65, spearheaded by Mississippians for Compassionate Care’s Medical Marijuana 2020 campaign, garnered around 48% more votes than the state legislature’s Alternative 65A. Approximately 33% of voters opposed both […]
Greenhouse Cannabis Measure Gains Momentum, Poised for Victory in Upcoming Vote
Voters in Ventura County have passed a measure permitting the commercial production of marijuana in greenhouses situated in unincorporated areas. As of the latest updates, 57% of voters favored the initiative, known as Measure O, with 193,405 votes counted, while 43% opposed it, amounting to 145,952 votes. Campaign spokesman Jared Ficker expressed cautious optimism about […]
Reed Food Technology Unveils Next Generation Innovations in Food Processing Solutions
Jeffrey Reed is the second-generation owner of Reed Food Technology, a company that specializes in creating custom spice and sauce blends for clients. Founded in 1995 by his father, R.J. Reed, the business began when R.J. had the opportunity to pivot from Tyson Foods after their acquisition of McCarty Foods. He developed several breading recipes […]
No Plans for Pardon in Life Sentences for Marijuana Offenses
Mississippi Governor Tate Reeves stated on Monday that he is not currently considering a pardon for Tameka Drummer, a woman serving a life sentence related to a marijuana possession case. Drummer, 46, received the life sentence in 2008 after a traffic stop revealed a small amount of marijuana in her vehicle, leading to her designation […]
C Spire CTO Carla Lewis Recognized as One of Mississippi’s Most Influential African Americans
JACKSON, Miss., Aug. 23, 2019 /PRNewswire/ — Carla Lewis, chief technology officer for C Spire, a Mississippi-based telecommunications and technology services company, has been recognized by the Our Mississippi Honors organization as one of the Magnolia State’s most influential African Americans. C Spire’s Recognition of Leadership C Spire’s CTO, Carla Lewis, is celebrated for her […]
Ole Miss Achieves Remarkable Growth in Federal Government Funding Over Five Years
The U.S. government is undertaking the largest cultivation of research marijuana in five years, driven by increasing interest in strains with high levels of THC and CBD. Despite the federal stance that classifies marijuana as illegal and dangerous, it remains the sole supplier for nearly all cannabis research in the country. Growing Demand for Diverse […]
Pot-Bots Revolutionize Cannabis Sales: Investment Opportunities in Emerging Technology
Automated teller machines (ATMs) transformed banking by allowing customers to access their funds anytime, drastically reducing wait times and boosting bank efficiencies. A similar technological advancement is now poised to disrupt the cannabis industry—fully automated cannabis kiosks that utilize robotic arms and artificial intelligence (AI). These kiosks enable customers to purchase cannabis and cannabidiol (CBD) […]
Federally Authorized Grower Supplies Cannabis for Research Community Advances in Marijuana Studies
With 29 states and counting allowing medical marijuana, research into innovative and effective applications is becoming increasingly vital. The University of Mississippi stands out as the only federally authorized grower of marijuana, supplying essential plant material for research through a contract with the National Institute on Drug Abuse. Dr. Mahmoud ElSohly, co-director of the marijuana […]
Largest Marijuana Park East of the Mississippi to Open Near Lansing on 130 Acres
Plans are underway to develop a 130-acre medical marijuana industrial park in Windsor Township, which its investors claim will be the largest of its kind east of the Mississippi River. This project, named Harvest Park, is anticipated to generate up to 1,000 jobs in various marijuana-related sectors, according to Jeff Donahue, managing director of Harvest […]