Two dozen U.S. senators called for congressional leadership to include cannabis banking reform in American competitiveness legislation now being negotiated between the House and Senate.
Jeff Smith
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Marijuana MSO Ascend resolves suit, buys MedMen NY for $88 million
Marijuana multistate operator Ascend Wellness resolved a bitter, weekslong legal dispute with Los Angeles-based MedMen Enterprises by agreeing to pay an additional $15 million for MedMen’s lucrative New York medical cannabis operation.
Kansas medical marijuana legalization effort appears to stall
Kansas was considered a state to possibly legalize medical marijuana this year, but the latest legislative effort might be faltering.
A few states could still legalize marijuana through legislatures this year
A handful of states remain in play to legalize medical or recreational marijuana through legislative action in 2022, but other efforts have faltered in recent weeks as some legislatures wrap up their work for the year.
Cash courier to resume cannabis services after resolving seizure lawsuit
An armored car company that carried legal marijuana proceeds will resume services in San Bernardino County, after the county’s sheriff’s department dropped its legal claims.
Dozens of Mississippi cities and counties opt out of medical cannabis
Nearly four dozen Mississippi municipalities and counties have so far opted out of the state’s new medical marijuana program, with the deadline for doing so emerging in a few days.
South Carolina House leader kills medical marijuana bill
A state House leader ruled that the South Carolina Compassionate Care Act, S. 150, couldn’t be considered by lawmakers further because it included an unconstitutional tax increase, the Associated Press reported.
Missouri appeals judge throws out challenge to marijuana license limits
A Missouri appeals judge affirmed a lower court decision that rejected a challenge to the state’s medical marijuana licensing caps.
Former US House Speaker Boehner sued over marijuana lobbying group
Former U.S. House Speaker John Boehner allegedly breached a contract with another prospective marijuana lobbying group to form the National Cannabis Roundtable, according to a lawsuit last month in Washington DC.
Economic challenges may extend US marijuana stock woes
The fierce bear market gripping U.S. marijuana stocks looks set to continue – barring a major legislative surprise emerging from the halls of Congress.
$600 million suit against marijuana MSO Acreage can proceed
A $600 million lawsuit targeting multistate marijuana operator Acreage Holdings can proceed to trial, a New York state judge ruled after holding hearings on the case.
Legislative effort to legalize recreational marijuana in New Hampshire dies
The New Hampshire Senate, as expected, rejected a recreational marijuana legalization bill that would have created state-run stores.
