Nebraska medical cannabis initiatives pass, but eligibility questions unresolved
Nebraska voters on Tuesday overwhelmingly supported two initiatives to legalize and regulate medical cannabis, although state courts still could decide the citizen-led ballot measures should have been left off the ballot altogether. More than 70% of the state’s...
Florida voters reject adult-use marijuana amendment
In a stinging rebuke to the $32 billion regulated U.S. marijuana industry – and to one multistate operator, in particular – Florida voters on Tuesday appeared to reject a constitutional amendment that would have legalized adult-use cannabis in the nation’s...
2024 cannabis election updates, analysis & highlights
MJBizDaily reporters and editors are providing live coverage of the 2024 election, focusing on legalization ballot measures in four states, key federal races that could affect marijuana reform and other election-related tidbits. Scroll down for updates. (All entries...
Marijuana company Agrify gets $20M from Green Thumb, shakes up C-suite
A Green Thumb Industries subsidiary is providing $20 million in funding to marijuana cultivation and extraction solutions company Agrify Corp., with $10 million being drawn at closing. According to a news release, Agrify also is undergoing a management shake-up in...
Canadian province Ontario pledges $31 million toward illicit cannabis battle
The government of Ontario, Canada, pledged $31 million to an agency responsible for fighting the illicit cannabis market in the province. The $31 million investment for the Provincial Joint Forces Cannabis Enforcement Teams (PJFCET) would be made over three years, the...
Election Day holds promise for marijuana industry reforms across United States
For the first time, both the marijuana-reform movement and the $32 billion U.S. cannabis industry have little to fear on Election Day. In a historic first, both major-party candidates for president have signaled support for state-level marijuana legalization....
Florida governor lands more hemp money to fight adult-use legalization, report says
Companies that sell products containing intoxicating THC – but under the guise that it’s federally legal hemp – are bankrolling Florida’s governor’s quest to defeat an adult-use marijuana legalization measure. That’s according to a Miami...
Nebraska judge allows votes on medical cannabis ballot initiatives to be counted
A Nebraska judge is allowing the votes on two medical cannabis legalization initiatives on the state’s ballot to be counted and posted. Lancaster County District Court Judge Susan Strong on Friday denied a request to halt the tallies or suppress posting the...
Nevada marijuana operator Deep Roots Harvest acquires The Source
(This story has been updated with a Deep Roots Harvest comment about the purchase price.) Deep Roots Harvest has acquired fellow Nevada marijuana operator The Source in a deal that includes a portfolio of retail, distribution and cultivation assets in the state. The...
Cannabis markets on the ballot could generate $3 billion in first year
If approved by voters on Tuesday, new regulated adult-use marijuana markets in Florida and North Dakota – along with a medical cannabis market in Nebraska – could collectively produce $3 billion during the first full year of sales. Together, the markets...
Trial over Nebraska’s medical marijuana ballot initiative might be extended
An 11th-hour legal challenge to Nebraska’s medical marijuana ballot initiative could extend to Monday, the eve of Election Day. Witness testimony in the civil trial in Lancaster County began Wednesday and resumed at 8 a.m. CT on Friday, according to the Nebraska...Featured
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