New Mexico’s regulated medical marijuana program will permit insomnia as a qualifying condition effective June 1, a move that could potentially expand the state’s MMJ market.
Solomon Israel
Solomon Israel's Latest Posts
Safe Harbor, New York institution create marijuana banking partnership
Cannabis industry financial services company Safe Harbor Financial announced a marijuana business banking partnership with Five Star Bank.
Missouri marijuana sales surpass $1 billion on cumulative basis
Cumulative sales of legal, regulated medical and adult-use marijuana in Missouri surpassed $1 billion as of early May.
Florida lawmakers pass bill on medical cannabis telehealth, Black farmers
Florida legislators approved a bill permitting telehealth appointments for patients seeking medical cannabis certification renewals, which could benefit the state’s legal MMJ market.
Marijuana industry overpaid $1.8 billion in federal taxes in 2022, analysis shows
Marijuana companies paid more than $1.8 billion in federal taxes in 2022 compared to non-cannabis businesses as a result of U.S. tax treatment of the MJ sector, according to an analysis by industry research firm Whitney Economics.
Renewed recreational marijuana legalization drive launches in Ohio
Cannabis advocates in Ohio are launching a new campaign to legalize recreational marijuana after state legislators failed to pass a previous citizen-initiated adult-use legalization initiative by a May 3 deadline.
Up to 52 new social equity cannabis licenses coming to Washington state
Washington state will issue up to 52 new cannabis retail licenses under its marijuana industry social equity program.
New research confirms plant-killing black root rot in marijuana facility
The fungus that causes the plant disease black root rot has spread to cannabis plants beyond hemp, warns new research that identified the pathogen in a licensed commercial cultivation facility in British Columbia, Canada.
Wisconsin GOP lawmakers kill gov’s marijuana legalization proposal
Republican legislators in Wisconsin voted down a marijuana legalization proposal put forward by Democratic Gov. Tony Evers.
Maryland gov puts nearly $1.2M of Green Thumb marijuana stock in blind trust
Maryland Gov. Wes Moore owns almost $1.2 million worth of stock in Green Thumb Industries (GTI), according to media reports about a new blind trust created for some of his assets.
Cannabis firm Entourage frets about future amid CA$123.1M annual loss
Canadian cannabis company Entourage Health Corp. reported a net loss of 123.1 million Canadian dollars ($90 million) for its 2022 fiscal year amid declining revenue.
Akerna sells cannabis software businesses for $5 million
Akerna Corp. is selling its cannabis software platforms for $5 million in cash to a business called MJ Freeway Acquisition Co., after having backed out of a previous deal for the assets.
