Entries by Brian Wong

New Mexico Governor Says Marijuana Legalization Is A 2021 Priority

The governor of New Mexico announced on Wednesday that marijuana legalization is one of her administration’s 2021 legislative priorities. Gov. Michelle Lujan Grisham (D) released her agenda for this year’s session, and part of her plan to bolster the economy and increase revenue to the state is to enact a legal cannabis market. A outline […]

Legal marijuana sales in Virginia could start in less than 2 years under Northam’s new proposal

Gov. Ralph Northam’s administration on Wednesday unveiled legislation to legalize the recreational use of marijuana in Virginia, proposing a 21% state tax on the drug and a licensing program meant to ease entry for people harmed by the disparate enforcement of marijuana laws. Following years of activism by civil rights groups, Northam threw his support […]

Six factors signal a more bullish cannabis investment climate and offer hope to industry executives

After a turbulent two years that culled weaker businesses from the cannabis industry, investors now have a stronger field of companies from which to choose. At the same time, marijuana businesses seeking capital will find it more available than it has been of late, though investors will likely be pickier about where to wager their […]

Harborside Inc. Announces Departure of Steve DeAngelo

Cannabis Industry Veteran to Focus on New Opportunities OAKLAND, CA and TORONTO, Jan. 4, 2021 /PRNewswire/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, announces that the Company and Steve DeAngelo are separating, and the Company is eliminating the role of Chairman Emeritus, effective December 31, 2020. A […]

Legalization of marijuana, prostitution: How Western countries maintain social stability with ‘tittytainment’

The US House of Representatives approved decriminalizing marijuana at the federal level for the first time in December, the deadliest month for COVID-19 patients since the virus outbreak. While there is, unfortunately, no end in sight to the pandemic, the legalization of marijuana is definitely in sight – the US is rushing to put it […]

Marijuana: 4 things to watch for in California in 2021

Making predictions about California’s marijuana industry was a challenge even before a global pandemic changed everything. It’s not just that the legal cannabis market, which launched three years ago in California, is so new. It’s also the singularity of an industry in which licensed, legal operators still compete against a much larger illicit market, even […]

California Marijuana Sales Are ‘Very Strong’ Despite Coronavirus, State Officials Say

California marijuana sales have been going strong amid the coronavirus pandemic, new state data shows. In a short report released on Monday, the state’s Legislative Analyst’s Office (LAO) said early numbers from summer sales and revised figures for last year “show very strong growth.” Similar trends are also being seen in several other legal cannabis […]

California cannabis dispensary joins plastics recycling pilot

Airfield Supply Co., a cannabis dispensary in San Jose, California, has teamed up with cannabis manufacturer CannaCraft and recycling company Resynergi to launch a plastic recycling program for cannabis packaging. Airfield is the first dispensary to join the pilot program to convert plastic child-resistant packaging into the fuel that powers CannaCraft’s Kind House Distribution fleet […]

NEWSOM’S Senate pick ahead? — GINGRICH endorses Newsom recall — FEINSTEIN’s dilemma — JAY-Z’s new cannabis play: $50 joints

THE BUZZ — IT’S COMING: Don’t be surprised if Gov. Gavin Newsom decides to deliver California’s Hanukkah/Christmas gift this week — and roll out his choice for the Senate seat held by Vice President-elect Kamala Harris. If the much-anticipated appointment comes, as some insiders expect, during the holiday period, when news is typically slow, it […]

Top Cannabis Stocks to Buy for 2021

Weeding through cannabis stocks to find a good pick is getting easier. The greener field is now getting divided by flower and shake, as investors look at profitability and balance sheet stability. Here are my top cannabis stock picks for 2021, based both on sprouting opportunities and results reported in the most recent quarter. A […]