Voters will decide whether to legalize commercial sales of adult-use marijuana in as many as five states during the November midterm elections.
State lawmakers in Maryland referred a recreational marijuana legalization referendum to voters, who will decide the issue on the Nov. 8 ballot.
William “Beau” Wrigley Jr. and his Parallel marijuana company face litigation over a failed merger with Scooter Braun’s Ceres Acquisition Corp.
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.
Scotts Miracle-Gro’s Hawthorne unit took another big hit in the company’s fiscal quarter ended July 2 because of continued oversupply in the softening marijuana industry.
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.
A referendum to legalize recreational cannabis sales in Arkansas passed a critical milestone, likely assuring the proposed constitutional amendment will be on the state’s November ballot.
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.”
A New York-based company’s claim that it should have won one of the state’s five initial medical marijuana licenses has taken a big step forward.
The U.S. House of Representatives passed a revised bipartisan bill that would make it easier for researchers to study marijuana.
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.
