Author: Jelena Cikes
About the author
Jelena Cikes
Writer and journalist specialized in financial markets and American politics. Pop culture aficionado, travel junkie, YouTube devotee.
Black market weed to remain for years amid supply shortages
Despite marijuana being legal in a number of US states, thriving black markets for weed will likely persist for years to come, according to a drug policy researcher. Supply shortages and high prices of legal...
Illinois pot retailers struggling to meet demand
Less than a month since legal recreational marijuana became available in Illinois, the state is already facing a serious pot shortage. With legal weed sales hitting $3.2 million on the first day of legalization, demand...
New Mexico recreational marijuana bill clears key Senate committee
Lawmakers in New Mexico are one step closer to legalizing recreational marijuana after a key committee in the state Senate approved a bill for adult use. The Senate Public Affairs Committee voted 4-3 along party...
Massive oversupply of hemp pushes prices lower
Despite the growing popularity of CBD products, hemp prices are dropping amid a supply glut, according to the head of the commodity trading platform PanXchange. In an interview with Bloomberg this week, PanXchange’s Chief Executive...
Secret recording suggests Trump thinks weed lowers your IQ
US President Donald Trump seems to think that smoking marijuana lowers one’s IQ, according to a secretly-recorded video released over the weekend. The 90-minute long video of the US president at a donor dinner in...
What’s New in the Celebrity Weed World?
As the wave of cannabis legalization sweeps across North America, more and more celebrities are embarking on business ventures in the booming pot industry. Joining the ranks of Snoop Dogg, Willie Nelson, Francis Ford Coppola,...
StatsCan data shows gap between price of legal and illegal weed growing
Black market weed is still cheaper than legal options in Canada, new data from StatsCan released this week revealed. In fact, it appears the gap between the price of legal and illegal cannabis is increasing...
First Illinois marijuana lounge approved by city council
Less than a month after the legalization of recreational marijuana kicked in in Illinois, the state will open its first cannabis consumption lounge, where weed use will be allowed on-site. Located in downtown Springfield, dispensary...