The Holidays are around the corner so we're wrapping up this month's news stories a little earlier. As we begin getting into the festive spirit and digging into all the scrumptious holiday menus, we round up some of this month's cannabis industry news. From the first European nation to legalize marijuana to cannabis in the metaverse. Dig in!
Malta Becomes First E.U. Country To Legalize Marijuana
Malta became the first country in the European Union to formally legalize the use and growing of marijuana for recreational purposes. The law, passed by Parliament and awaiting only the president’s signature, which is considered a formality, to come into effect, allows people to carry up to seven grams of marijuana, grow up to four plants in their apartments and keep up to 50 grams of dried cannabis at home. The New York Times.
Bud Blockers: Over 400 NY localities say ‘no’ to pot sales
More than 400 towns and villages across New York have opted to block local marijuana dispensaries and consumption lounges as a statewide deadline to do so nears, with many officials deciding to stay out of the upcoming market until regulators provide more clarity. AP news.
Buy Cannabis On A Blockchain Metaverse And Get It Delivered To Your Real Home
Higher Life CBD became one of the first cannabis brands to launch a real CBD dispensary in the metaverse, offering customers a fun, digital, gamified shopping experience that, unlike others, then translates into a tangible product delivered to your doorstep in all U.S. states. Forbes.
Cannabis Is Starting to Get Hit by Supply-Chain Shortages
Getting basic materials like ceramics, stainless steel and computer chips from China has gotten so difficult that its about to hit one of the few industries that has so far been insulated from supply-chain woes: U.S. cannabis. Bloomberg.
New York Bill Would Allow Marijuana Industry to Deduct Business Expenses On State Taxes
A New York Senate bill introduced on Friday would allow licensed cannabis companies to deduct certain business expenses on their state tax returns, a move the bill’s sponsor says “will create a more equitable taxation system and allow more local, small businesses to participate in the cannabis market.” Marijuana Moment.
Berlin's public transit company promises relaxing trips with edible hemp tickets
Berlin's public transport operator BVG has introduced an edible "hemp ticket" which it jokes can help alleviate the stress of travel at Christmas and take the edge off Berliners' infamous crabbiness. Reuters.
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