Jeff is an award-winning business journalist who has worked as a reporter and editor for daily newspapers in Colorado, Maine, New Mexico and Alabama. He also has worked as a journalist overseas in Asia and West Africa. His stories have appeared in National Geographic online and The New York Times, among other publications.
U.S. Sen. Cory Booker said this week he would support cannabis banking reform separate from a comprehensive federal legalization bill as long as the banking measure includes a “restorative justice” piece to give relief to those convicted of nonviolent marijuana offenses.
At least two Connecticut businesses – the Hartford Cannabis Co. and The Goods THC Co. – are appealing license denials by the state’s Social Equity Council, according to lawsuits filed in Hartford Superior Court.
An Arkansas election board panel on Wednesday rejected a recreational marijuana petition, just days after state election officials said backers had collected enough signatures to qualify the initiative for the November ballot.
Oklahoma is enacting a nearly two-year moratorium on new medical marijuana grower, processing and dispensary licenses, beginning Aug. 26, in efforts to catch up with a backlog of work and raise business-compliance levels.
Marijuana multistate operator Verano Holdings said it must restate five quarterly financial statements dating back to March 31, 2021, and that all of its disclosures and investor presentations since then “should therefore no longer be relied upon.”
Several cities in Minnesota imposed moratoriums on cannabis edibles, and others are considering bans, in the wake of a first-of-its kind law allowing adult-use THC sales in outlets other than medical marijuana dispensaries.
Amber Littlejohn, a national advocate for equity in the marijuana industry, has stepped down as executive director of the Minority Cannabis Business Association (MCBA) to pursue new opportunities in the industry.