Kentucky Democratic Gov. Andy Beshear broadened the scope of a cannabis research center approved by lawmakers while still considering using executive authority to legalize medical marijuana
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Louisiana medical marijuana expansion seen as unlikely this year
Louisiana has only two medical marijuana growers and nine dispensaries, and it doesn’t look as if that’s going to change dramatically anytime soon.
Lawmakers urge House, Senate leaders to pass marijuana banking reform
Two Democratic lawmakers in the U.S. House of Representatives on Wednesday urged House and Senate leaders to include marijuana banking reform in an American competitiveness bill now being hammered out by a congressional conference committee.
Marijuana tech firm Lucid Green raises $10 million in capital
New York-based Lucid Green, which provides a high-tech, inventory-management platform for the marijuana industry, raised $10 million of capital for further growth.
New Jersey’s recreational cannabis program has smooth launch despite supply worries
New Jersey’s recreational cannabis market has gotten off to a relatively smooth start, with no major bottlenecks despite long lines reflecting pent-up demand from local residents as well as customers coming over from neighboring New York and Pennsylvania.
Illinois adult-use marijuana sales rebound with second-best month
Illinois adult-use marijuana sales totaled nearly $131 million in March, halting a two-month slide.
2 Ohio Democrats push for recreational marijuana legalization
Two Ohio Democratic lawmakers plan to introduce a recreational marijuana legalization bill similar to the language of a ballot referendum launched by the Coalition to Regulate Marijuana Like Alcohol.
New Hampshire Senate panel rejects recreational marijuana
A New Hampshire Senate committee rejected a bill that would legalize recreational marijuana sales, but only at state-owned stores.
New Jersey’s projected $2 billion recreational marijuana market kicks off
New Jersey’s projected $2 billion recreational marijuana market launched Thursday to long lines, free food and party music as the state got a jump on rival New York.
NYC mayor pitches $4.8 million plan to aid marijuana equity entrepreneurs
New York’s mayor wants the city to spend $4.8 million in part to help individuals affected by marijuana-related offenses apply for business licenses and obtain financing and real estate for legal cannabis companies.
Marijuana MSO Red White & Bloom makes moves to strengthen finances
Marijuana multistate operator Red White & Bloom said it completed a restructuring that included selling an Illinois cultivation facility, repaying $51.7 million of debt and reducing its work force and suppliers.
4 marijuana-related companies run ‘Chicago cartel,’ federal lawsuit alleges
A group calling itself True Social Equity in Cannabis sued three marijuana multistate operators and an ancillary company in Illinois federal court, claiming the four constitute a “Chicago cartel” linked by the wealthy Pritzker, Wrigley and Kovler families.
