by Kate Robertson | May 16, 2024 | News
Cannabis stock prices, which have taken a beating in recent years, get a boost whenever there’s a major announcement pertaining to federal marijuana reform. For example, the AdvisorShares Pure US Cannabis ETF (MSOS), which tracks publicly held cannabis companies...
by Chris Roberts | May 16, 2024 | News
(This story was last updated at 9 a.m. ET Friday.) In the latest major step toward the biggest shift in federal marijuana policy in more than 50 years, U.S. Attorney General Merrick Garland formally proposed moving marijuana to Schedule 3 of the Controlled Substances...
by Kate Robertson | May 16, 2024 | News
Connecticut’s attorney general reached a settlement with the people behind HighBazaar, a market that hosted unlicensed marijuana vendors. Attorney General William Tong in January sent HighBazaar’s organizers a cease-and-desist letter for the Hamden event,...
by Kate Robertson | May 16, 2024 | News
(This story is part of the cover package in the May-June issue of MJBizMagazine.) Machine learning is becoming increasingly common in indoor cannabis grows, as cultivators use sophisticated sensors and cameras to maintain optimal growing conditions, sound the alarm...
by Chris Roberts | May 15, 2024 | News
At least 47 Ohio communities have already opted out of adult-use marijuana ahead of the market’s promised early opening next month, according to an analysis by Ohio State University’s Moritz College of Law. That’s significantly fewer local bans than in Michigan...
by Chris Casacchia | May 15, 2024 | News
Silverpeak Corp, one of the larger cannabis retail chains in Colorado, is selling its seven stores and a cultivation license, MJBizDaily has confirmed. The assets will go on the market Thursday, according to the brokerage handling the sale. ADVERTISEMENT The stores...
by Kate Robertson | May 15, 2024 | News
Michigan’s cannabis regulator is recalling 1,098 units of infused marijuana pre-rolls made by Hazel Park-based manufacturer Flavor Galaxy. The recall was issued because Flavor Galaxy allegedly hadn’t submitted the final products for testing, choosing...
by Kate Lavin | May 15, 2024 | News
Gelato, anyone? Hop latent viroid, already infecting most cannabis grows across the United States and Europe, is coming under greater scrutiny as researchers scramble for options to control the spread of the parasite, including making the plant resistant to the...
by Chris Roberts | May 14, 2024 | News
The average THC potency of illicit marijuana flower in the United States is 16%, according to the U.S. Drug Enforcement Administration. That’s well below the THC levels seen in commercial marijuana stores, where accusations of THC potency inflation have been...
by Chris Casacchia | May 14, 2024 | News
A key legislative approval in Ohio has cleared a path for adult-use cannabis sales to begin next month. The Joint Committee on Agency Rule Review issued no objections to proposed regulations on Monday, clearing the way for medical marijuana dispensaries to apply to...
by Kate Robertson | May 14, 2024 | News
Connecticut’s governor has signed into law a bill that will restrict and regulate hemp products. The state Senate approved House Bill 5150 last week and sent it to Gov. Ned Lamont’s desk, and he signed it on Saturday, according to Maryland-based industry...
by Chris Roberts | May 14, 2024 | News
(This story has been updated to correct Tremaine Wright’s former position to state assembly member.) The exit of Chris Alexander, the top state official overseeing New York’s rollout of adult-use marijuana sales, is seen by many as assigning blame for what has...