Tag Archives: Weed

The New York State Hemp Industry is Growing like a Weed

On December 20, farmers and entrepreneurs struck gold when Congress passed the The Agriculture Improvement Act of 2018, or the “Farm Bill.” The law uprooted hemp from the controlled substances list, approving it for industrial growth in all 50 states.

Four months later, hundreds of licenses to grow and process the newly-legalized plant — otherwise known as Cannabis sativa L — have been distributed to eager growers throughout New York State. Prior to the greenlight for industrial growth, growing hemp was restricted to academic research institutions, of which Cornell was among the first to receive a license in 2017.

Now, economic analysts are calling hemp the most lucrative cash crop farmers have seen in decades, with the industry projected to grow 18.3 percent each year over the next decade. Business is already booming. And Cornell will lend a hand in helping the crop succeed.

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Cannabis, Marijuana, Weed, Pot? Just Call It a Job Machine

SAN FRANCISCO — David Dancer is a 48-year-old marketing executive who has worked for big brands like Charles Schwab and Teleflora. A year ago, he got a call from a recruiter for a different kind of company: MedMen, a cannabis retailer that has been called “the Apple Store of weed.” The opening was for a chief marketing officer. He took it.

One of Mr. Dancer’s early projects was a slick two-minute video by the director Spike Jonze that begins with an anecdote about George Washington as a hemp grower, a staple of dorm-room conversation. It concludes with a suburban couple coming home with a bright red bag of legally purchased pot, symbolizing “the new normal” — an ending that, like his own career twist, seemed improbable not long ago.

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NJ marijuana legalization: Phil Murphy sets May deadline for legal weed vote, what’s next?

When Gov. Phil Murphy came into office, he vowed to legalize marijuana within 100 days.

Now? It’s looking like weed may not be legalized until 500 days into Murphy’s tenure — at the earliest.

The push for New Jersey marijuana legalization hit a roadblock last month when scheduled votes on the bill to legalize weed were postponed. While the bill had enough votes to pass in the Assembly, the support wasn’t there in the Senate.

Instead of watching the bill fail, legislative leaders decided to regroup in the hopes of winning over holdouts on legal weed.

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