DEA is ‘likely’ to reschedule marijuana, government analysis predicts
The U.S. Drug Enforcement Administration will “likely” reschedule marijuana, following federal health regulators’ Aug. 29 recommendation, according to a government analysis. The DEA confirmed to Congress in 2020 that it is “bound” by law to defer to the...
California warns labs to accurately report cannabis testing results
California cannabis regulators sent warning notices demanding that state-licensed testing labs accurately report test results or face stiff penalties, including potential license revocation. The Department of Cannabis Control (DCC)’s Lab Division is initiating on-site...
Is 3rd time the charm for Nebraska medical marijuana advocates?
Medical marijuana advocates in Nebraska officially launched their third petition campaign, aiming to put legalization to voters on the general election ballot in November 2024. ADVERTISEMENT Nebraskans for Medical Marijuana are gathering signatures for two petitions...
Michigan businessman gets prison in sordid cannabis bribery case
A Michigan businessman has been sentenced to 28 months in federal prison for bribing a former head of the state’s now-defunct Medical Marihuana Licensing Board (MMLB). John Dalaly bribed Rick Johnson, former chair of the MMLB, with cash and favors including...
Wisconsin governor still dedicated to marijuana legalization
Wisconsin Gov. Tony Evers is still committed to legalizing marijuana, even though his latest attempt was shot down earlier this year by state Republican legislators. ADVERTISEMENT Evers said this week that an “overwhelming majority of Wisconsinites...
Cannabis retailer High Tide reports small loss, positive free cash flow
Canadian cannabis retailer High Tide reported positive free cash flow of 4.1 million Canadian dollars ($3 million) for its third fiscal quarter of 2023, an important milestone as financing becomes harder to come by in the marijuana industry. The positive free cash...
Opinion: Marijuana rescheduling is positive, but we must go further and faster
Rescheduling marijuana is positive news in an industry desperate for good news. But make no mistake, it is not enough. We must go further – and faster – on marijuana reform. By now, everyone in the regulated cannabis industry has likely heard that the U.S....
Oklahoma high court declines to hear challenge to medical cannabis fees
The Oklahoma Supreme Court declined to hear arguments challenging a new law that significantly raises fees for medical cannabis operators. Filed in late June, the petition will now be sent to district court in Oklahoma County, The Oklahoman reported. ADVERTISEMENT The...
14 congressional Republicans oppose proposed marijuana rescheduling
Fourteen Republican federal lawmakers are voicing their opposition to a key federal agency’s recent recommendation that marijuana be rescheduled. In a letter to U.S. Drug Enforcement Administration chief Anne Milgram, eight Republican senators and six GOP...
Cannabis producer Canopy’s subsidiary BioSteel enters ‘hibernation’ ahead of planned sale
(This story was updated at 2 p.m. ET with more details and comments.) Struggling Canadian cannabis producer Canopy Growth Corp. is ceasing funding of its BioSteel Canada subsidiary and plans to conduct a court-supervised sale of the business, the Ontario-based company...
New Mexico marijuana sales hit record $48 million in August
Consumers spent a record amount on legal marijuana in New Mexico in August, with combined medical and adult-use sales totaling more than $48.2 million. August adult-use sales in the state exceeded $34.7 million, a 1.8% increase over July’s sales total, according...Featured
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