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#086 - Cannabis Business News Roundup: DEA gets a new head, Organigram acquires Collective Projects, SBA loans for hemp & more!

#086 - Cannabis Business News Roundup: DEA gets a new head, Organigram acquires Collective Projects, SBA loans for hemp & more!

Episode 86 Published 11 months, 2 weeks ago
Description

Ben and AnnaRae explore the latest cannabis market developments across multiple states and at the federal level, highlighting both progress and persistent challenges. They dissect New York's comprehensive market report showing local brands outperforming multi-state operators while California cannabis businesses organize against impending tax increases.

• Ben shares insights from Atlantic City's MJ Unpacked conference where New Jersey operators display optimism while cautious veterans observe from experience
• AnnaRae visits Coastal Sun Farm, a certified organic cannabis and blueberry farm embracing traditional agricultural techniques and environmental stewardship 
• Federal developments include DEA nominee Terrence Cole stating cannabis rescheduling would be "one of his first priorities" despite previous anti-marijuana stance
• New York's cannabis market shows improvement with 513 brands operating and top five NY-based companies capturing 21% of sales
• California cannabis businesses rally against excise tax increase from 15% to 19%, with Los Angeles dispensaries reportedly considering a tax boycott
• Canadian company Organigram acquires beverage brand Collective Projects, highlighting international opportunities unavailable to US companies
• SBA confirms hemp businesses remain eligible for federal loans while marijuana businesses are excluded regardless of state legality

Join NCIA lobby days in Washington DC on May 13-15 to engage with lawmakers and help shape cannabis policy.


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