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What is 710 Oil Day?

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  What is 710 Oil Day? For cannabis concentrate lovers around the world, 710 Oil Day is one of the happiest days of the year. 710 Oil Day celebrates the extracted resin of the cannabis plant. Whether you prefer bubble hash, live resin, shatter, wax, or all of the above, this national dab holiday is for you.

What is Cannabis Oil?

Cannabis concentrates, also called oils and extracts, come in many shapes, sizes, colors, potencies, aromas, flavors, and consistencies. During extraction, organic plant matter is separated from the plant’s resin containing cannabinoids, terpenes, and flavonoids. Concentrate Types Shatter Wax Crumble Budder Live Resin Terp Sauce Diamonds Hash Kief Distillate Oil Isolate Rosin Learn more about the ...

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A Comprehensive Review of Dixie Elixirs

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Here is a comprehensive review of Dixie Elixir which is one of the hottest cannabis brands in the market currently. What’s unique about them is that they do not offer any inhalable forms of cannabis. If you are like most of us you might be wondering if this has anything to do with safety concerns regarding smoking cannabis. As much as we cannot give a conclusive answer, this theory is not far-fetched as Dixie Elixir is openly committed to ensuring patient safety at all costs. Dixie Elixir has been in the market since 2009; this was three years before recreational use of cannabis was legalized in Colorado and Washington. Ever since, the company has been committed to providing high-quality cannabis products that are triple tested for purity and potency. Dixie Elixir works through ...

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Marijuana Sales On Track To Hit $15B By The End Of 2020

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In spite of the ongoing pandemic, marijuana sales in the U.S. are on track to hit a staggering $15 billion by the end of 2020—a 40% growth over 2019 sales. This report comes from the recently released exclusive marijuana projections by MJBizDaily Annual Marijuana Business Factbook. Marijuana sales have seemingly been unaffected by the pandemic—some think because of how many people are at home rather than in an office. For example, in Illinois residents spent $84 million on marijuana in March as compared to $65 million in the previous month. In California, sales of marijuana in March increased by 159% as compared to March of the previous year. It's interesting to note that a similar pattern was witnessed in Europe where demand for cannabis increased. Retail marijuana sales in ...

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The Ultimate Guide To Hemp Apparel

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  Now that hemp is legal in the US, here is the ultimate guide to hemp apparel. Hemp was legalized in the US by the passage of the Agricultural Act of 2018. This made hemp legal at the federal level and paved the way for the states and Indian tribes to create hemp programs to govern the hemp industry in the US under the US Department of Agriculture. So far, 47 states have made provisions for the cultivation of hemp for commercial purposes. Hemp is a plant in the cannabis sativa family that has a very small amount of the psychoactive compound in marijuana- THC. It is otherwise very similar to marijuana. While marijuana is mostly associated with recreational use, hemp is associated with industrial use. Last year, the global market for hemp was valued at $4.71 billion. ...

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7 Easy Ways To Save Money When Buying CBD Online

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  Here are 7 easy ways to save money when buying CBD online. Whether you are an extreme cheapskate or a bourgeoisie spender, saving a few extra bucks during such tough economic times (speaking of the current global COVID-19 pandemic) is a good idea.

How Much Does CBD Cost?

There is no better place to start than first deciding how much you should be paying for high quality CBD on a good day. In this case, we shall only consider high-quality CBD that is different from black market CBD that may be sold for dirt cheap. First, legal CBD comes in different forms including capsules, tinctures, gummies, topical, and concentrates among others. The cost of CBD oil is also influenced by factors such as potency, hemp source, extraction method, and concentration. Generally, you ...

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Coronavirus Federal Stimulus Bills: FAQ For Cannabis Businesses

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President Donald Trump recently signed three historic coronavirus federal stimulus bills leaving many cannabis businesses wondering how the financial relief will affect them. The stimulus provides relief for many businesses and individuals across states. This short guide answers all your frequently asked questions about how the federal stimulus affects your cannabis business.

What’s In The Federal Stimulus Bills?

Under the Coronavirus Preparedness and Response Supplemental Appropriations Act (CPRSA) provides the following:   Provisions to the Economic Injury Disaster Loan Program (EIDLP). The EIDLP provides eligible small businesses with working capital loans of up to $2 million during a disaster. Declared the coronavirus crisis a qualifying disaster for EIDLP ...

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Colorado Wholesale Flower Prices Remain Strong As Competition Heats Up

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  While some states have experienced growing pains when it comes to cannabis cultivation and meeting market demand, Colorado’s wholesale flower prices remain strong as competition heats up. Colorado’s developing market has been able to adapt to fluctuating flower prices, outside investment, a surplus of cannabis flower, and a market that is slowly stabilizing.

Outside Investment In Colorado

Growers believe the uptick in wholesale flower prices is largely influenced by the decision of Colorado lawmakers to approve a cannabis bill that allowed outside investors and capital into the state’s $1.5 billion-a-year industry. A year before, Gov. John Hickenlooper rejected a similar proposal.   As Colorado opened the door to publicly held companies and large venture ...

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Canopy Growth Shares And Sales Are Up In Q3 2020

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Ontario-based Canopy Growth’s shares and sales are up in its fiscal Q3 of 2020 beating many cannabis analysts’ bottom line and net revenue predictions. Canopy Growth’s sales topped $124 million during the quarter, a 62 percent increase from the $76 million reported in the previous quarter.   After the announcement on Friday, Feb, 14, Canopy’s stock grew almost 20 percent and influenced more positive changes across the marijuana sector. Canopy Growth’s rise to the top of the cannabis production sector in Canada is a boon for investors and the industry as a whole.

Canopy Growth Improves Net Revenue Quarter-Over-Quarter

Canopy Growth’s (NYSE: CGC) recent success in improving net revenue and minimizing loss has been due largely to an increased retail presence and growing ...

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Narco Pregnancy: Woman Caught Hiding Weed In Fake Baby Bump

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In November 2019, an Argentinian woman was caught hiding weed in a fake baby bump while crossing the border into Chile. Described by authorities as a “narco pregnancy,” the fake baby bump was made out of paste and housed 15 bricks of marijuana or roughly nine pounds.

Bud On Board

The woman and her male accomplice were heading into Chile when they were stopped at a checkpoint near Mendoza. Officers first inspected and found two bricks of marijuana in the male’s black bag. Officers then discovered that the woman was not pregnant, but instead was smuggling drugs to Santa Oliva in Patagonia.    Argentina’s Minister for Security Patricia Bullrich tweeted photos and a caption that read, “ She made a belly out of paste, hid 15 cannabis bricks inside it and faked a pregnancy ...

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Cannabis Tour Buses Arrive In Chicago

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  Now that Illinois has joined the ranks of states with recreational cannabis laws, cannabis tour buses have arrived in Chicago. Illinois’ massive success in sales during the first month of sales is indicative of the feverish demand for marijuana products and experiences in the state. As a result, many new cannabis businesses are sprouting up.   Cannabis tour buses give new and experienced users an informative and entertaining experience. Marijuana tour buses are a common phenomenon in major cannabis markets. They give guests a chance to take a behind-the-scenes look into dispensary and cultivation operations to gain a better appreciation of the cannabis plant.

Marijuana Tour Buses And Lounges In Illinois

So far, Illinois has only approved one marijuana lounge, ...

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IL Made Nearly $40 Million During First Month of Pot Sales

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  Illinois retailers made nearly $40 million during the first month of pot sales. According to a news release from the Illinois Department of Financial and Professional Regulation, Illinois dispensaries made $39,247,840.83. $30.6 million was spent by residents, while $8.6 million came from out-of-state customers.

Illinois Marijuana Sales Are Booming

January was the first month of legal adult-use marijuana sales in Illinois. Cannabis retailers made a total of 972,045 sales transactions, which averages out to about $40 per purchase. The total transactions came from the state’s 45 currently operating dispensaries. Based on the total sales, each dispensary averaged nearly $900,000 in sales.   The feverish demand for recreational cannabis products started off ...

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8 Awesome Dispensaries in Portland, Oregon

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    Oregon is known for its great dispensaries, we pinpoint the 8 awesome ones in Portland. Not only is this city an outstanding place to visit it is a mecca for cannabis dispensaries. If you find yourself in this state’s largest city you will want to check these ones out.   

Cannabliss and Co.

With 5 locations, 3 of which are in Portland, the most historic Cannabliss dispensary is located in an old world fire station. Built in 1891, this building is part of The National Register of Historic Places. Firestation 23 is Portland’s first recreational dispensary. You can find it in Portland’s east side of the city at 1917 SE 7th Ave. They offer flower, edibles, extracts, concentrates and drinks.  

Electric Lettuce

Electric ...

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Oklahoma Makes Record Revenue With Marijuana Tax Dollars

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In a big win for state coffers, Oklahoma has made a record revenue with medical marijuana tax dollars over the past year and a half of sales. The state managed to bring in $7.2 million in December. Experts estimate that if Oklahoma residents continue to bring in $7 million in medical marijuana tax revenue in 2020 every month, then the state could reach $84 million in revenue this year.

A Recap On Medical Marijuana In Oklahoma

Oklahomans passed State Question 788 in June 2018. The state became the 30th to pass medical marijuana laws. The state has approved more than 220,000 patient licenses with more to come. Doctors are able to prescribe medical marijuana to any condition they see fit while following the “accepted standards a reasonable and prudent physician would follow when ...

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Cuomo Vows To Legalize Marijuana In 2020

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New Yorkers may be feeling a bit of deja vu as Gov. Andrew Cuomo vows to legalize marijuana in 2020. New Yorkers remember a similar promise being made in 2019 when he promised to legalize recreational pot before the Legislature adjourned. This year, Cuomo is more hopeful that lawmakers will be able to agree on how the program will actually run.

Gov. Cuomo Renews His Promise

During 2019, state lawmakers failed to pass the Marijuana Regulation and Taxation Act, which hoped to legalize marijuana. The bill, sponsored by Senator Liz Krueger, stirred up a heated debate on what the state should do with the tax revenue and over opt-out options for local governments.   In the end, lawmakers failed to reach a consensus on the bill following months of debate, public hearings, and ...

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Cops Are Using ‘Nasal Ranger’ To Target Marijuana Users

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In another blatant attempt to stigmatize marijuana use and the plant itself, cops are using the ‘Nasal Ranger’ to target marijuana users. The Michigan town of Bessemer recently bought a high-powered device called the Nasal Ranger to detect the smell of marijuana and train police officers on identifying the plant. While not the first city to do so, Bessemer’s use of the Nasal Ranger is a step backward for marijuana policies.

What is the Nasal Ranger?

The Nasal Ranger, made by St. Croix Sensory, was introduced in 2012 and is a portable field olfactometer used to measure and quantify odor strength in the ambient air. The company’s website lists “air quality control managers, municipality managers and regulators, facility operators and citizen groups” as individuals who may benefit ...

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