Clint Eastwood awarded $2 million over CBD company using his name
Famed actor and director Clint Eastwood won his second trade infringement lawsuit against CBD companies that have used his name or likeness to promote products without his permission.
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Articles by Jeff Smith :
Wrigley fights $80 million claim over Parallel’s failed Illinois marijuana deal
Chewing gum heir and former Parallel CEO William “Beau” Wrigley Jr. is fighting to escape any liability over the Atlanta-based company’s failed acquisition of six Windy City Cannabis shops in Illinois.
Key marijuana banking ally continues fight to get SAFE across finish line
U.S. Rep. Ed Perlmutter continues to push for marijuana banking reform, this time by filing the SAFE Banking Act as an amendment to the national defense budget bill for fiscal year 2023.
Cannabis tech company Akerna moves to raise $10 million as stock falls
Struggling cannabis technology company Akerna is seeking to raise $10 million in capital in part to meet its debt obligations and other expenses.
Nevada gives final approval for marijuana consumption lounges
Nevada regulators have at long last finalized rules that open up the state’s cannabis market to an estimated 60-65 marijuana consumption lounges, a move long welcomed by an industry eager to take better advantage of the state’s bustling tourism industry.
New York appoints chief equity officer to oversee marijuana diversity efforts
New York regulators installed a chief equity officer, a key step to the state’s plan to develop a diverse, multibillion-dollar recreational marijuana industry.
Rhode Island, Mississippi, Maryland lead 2022 marijuana legalization via legislatures
Marijuana legalization advocates have had mixed success so far this year in statehouses across the country.
They’ve scored legislative victories in Rhode Island, Mississippi and Maryland, laying the groundwork for hundreds of millions of dollars in combined sales for recreational and medical cannabis companies in those states.
12 bid for Black farmer medical cannabis license in lucrative Florida market
Florida regulators received a dozen applications and some confusion over a lucrative vertically integrated medical cannabis license reserved for a Black farmer.
New Jersey fines 5 marijuana operators $360,000 for adult-use infractions
New Jersey regulators fined five marijuana multistate operators a total of $360,000 for allegedly making nearly 3,200 adult-use sales in April during hours that were to be set aside for medical cannabis patients.
Connecticut draws 37,000 applicants for 56 adult-use marijuana licenses
More than 37,000 applications have been entered into lotteries for an initial round of 56 adult-use marijuana licenses in Connecticut, including 23,487 applications for 28 social equity licenses.
Hopes remain dim for medical marijuana legalization in North Carolina this year
A measure to legalize medical marijuana in North Carolina has only a small chance of passing the Republican-controlled state House before the Legislature adjourns next month.
Louisiana governor signs several bills bolstering medical marijuana program
Louisiana’s governor signed several bills over the past week that will bolster the state’s medical marijuana industry by allowing more dispensaries and enabling out-of-state residents to buy MMJ.
