A Republican-led Congressional committee approved amendments in a massive defense bill to fund research and a pilot program to study the effects of medical cannabis and psychedelics.
Chris Casacchia
Chris Casacchia's Latest Posts
Nevada eases marijuana consumption lounge rules, issues first licenses
Nevada regulators this week approved loosening air-ventilation standards for marijuana consumption lounges in Las Vegas and other parts of the state while granting the first three conditional licenses for such venues.
Cannabis MSO Ascend Wellness raising $7 million in private placement
Ascend Wellness is planning to raise $7 million in a private placement offering, the New York-based marijuana multistate operator announced Friday.
Medical marijuana company Better sues InterCure for $35 million
Medical marijuana company Cann Pharmaceutical, also known as Better, filed a countersuit against InterCure and its management team seeking $35 million in damages.
Las Vegas marijuana consumption lounges encounter delays
Marijuana operators and consumers anticipating consumption lounges opening this summer in Las Vegas will probably have to wait.
Sweeping bill benefiting marijuana operators in Nevada heads to governor
An omnibus marijuana bill in Nevada awaiting the signature of Republican Gov. Joe Lombardo holds numerous benefits for industry operators, including expanding the retail market and lowering fees.
Culta to acquire 2 female-owned medical marijuana dispensaries in Maryland
Culta, a vertically integrated cannabis company in Maryland, said it signed a definitive agreement to purchase two female-owned medical marijuana dispensaries in the state only weeks before the launch of adult-use sales.
States act to deny licenses for cannabis companies with debt woes
State regulators and government officials nationwide are taking steps to ramp up enforcement against cannabis companies that fail to pay vendors, taxes or business fees.
New York regulators raid unlicensed marijuana stores, enact new rules
New York regulators have started seizing products and issuing violations as part of a statewide initiative to rein in unlicensed marijuana operators in one of several new developments aimed at jump-starting sales in the state’s adult-use market.
CO seeks higher marijuana licensing fees to bridge enforcement shortfall
The executive director of Colorado’s Department of Revenue wants marijuana businesses in the state to pay higher licensing fees to fund enforcement initiatives.
New Jersey revokes marijuana licenses over unpaid fees
New Jersey regulators revoked marijuana cultivation and manufacturing licenses from an operator in the state over unpaid fees.
Arizona bill aims to expand shrinking medical marijuana market
An Arizona bill making its way through the legislature aims to significantly cut the price of medical marijuana cards as MMJ sales and patient registrations has fallen dramatically the last few years.
