by Kate Lavin | May 24, 2024 | News
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Could rescheduling marijuana bring about changes that help reduce the energy that commercial cannabis cultivators use and improve the...
by Kate Lavin | May 23, 2024 | News
An amendment seeking to ban intoxicating hemp-based cannabinoids nationwide is now part of the U.S. House of Representatives’ draft Farm Bill. The House Committee on Agriculture on Thursday passed an en bloc amendment that, among other things, redefines hemp to...
by Kate Robertson | May 23, 2024 | News
A chain of smoke shops and a cannabinoid wholesale company in Tennessee allege in a civil rights lawsuit that the Spring Hill Police Department seized $1.35 million in hemp products without a proper warrant. The Litson law firm filed a complaint in U.S. District Court...
by Chris Casacchia | May 23, 2024 | News
In a major policy reversal, Thailand plans to reclassify cannabis as an illegal substance and issue permits only for medical patients, cultivators and research purposes. Recreational cannabis use will be banned, Public Health Minister Somsak Thepsutin said in a...
by Chris Roberts | May 23, 2024 | News
The effort by four cannabis businesses, including one multistate operator, to undo federal marijuana prohibition via a constitutional challenge was met with skepticism by a federal judge in Massachusetts on Wednesday. The cannabis companies, led by Chicago-based MSO...
by Chris Roberts | May 23, 2024 | News
(This story was last updated at 11 a.m. ET Thursday.) Will Congress protect the nationwide market for hemp-derived cannabinoids through the next U.S. Farm Bill, or will the state-regulated marijuana industry succeed in squashing an unwelcome competitor? Under one...
by Chris Roberts | May 22, 2024 | News
Hemp retailers in two states must contend with new, stricter rules recently signed into law that limit the amount of hemp-derived THC allowed in regulated products. However, producers and sellers of low-THC hemp-sourced beverages in Connecticut and Iowa can celebrate....
by Kate Robertson | May 22, 2024 | News
Military veterans in Minnesota will qualify as social equity applicants for cannabis licenses under changes to the state’s legislation that still requires the signature of Gov. Tim Walz. More than 327,000 veterans in the state will be able to apply for licenses,...
by Chris Casacchia | May 22, 2024 | News
Cannabis stores on Martha’s Vineyard and Nantucket filed a lawsuit against Massachusetts regulators to allow wholesale marijuana delivery to the islands for resale to consumers. According to the lawsuit filed against the Cannabis Control Commission (CCC) in Suffolk...
by Omar Sacirbey | May 22, 2024 | News
Connecticut officials appointed the state’s first cannabis ombudsperson tasked with safeguarding the state’s medical marijuana program. Erin Gorman Kirk of Norwalk, Connecticut, is an attorney, entrepreneur and consumer advocate who has influenced cannabis and...
by Kate Robertson | May 22, 2024 | News
Canadian cannabis and beverage alcohol company Tilray Brands is preparing for marijuana reform in the United States with plans to raise up to $250 million through an at-the-market (ATM) equity program. The net proceeds of the equity raise won’t be used for operating...
by Omar Sacirbey | May 21, 2024 | News
The largest marijuana delivery company in the biggest regulated U.S. cannabis market is facing financial troubles. Jim Clark, a tech billionaire and Eaze’s largest investor, is foreclosing on the company. ADVERTISEMENT The development was first reported by WeedWeek....