Marijuana e-commerce platform Leafly transitions to OTC after Nasdaq delisting
Marijuana e-commerce platform Leafly Holdings’ shares will be delisted from the Nasdaq stock market on Jan. 17 after the exchange’s hearings panel determined the company didn’t earn the required minimum $500,000 in net income from operations. Leafly, which has a...
Banking, veterans and research top priorities for Congress, new Cannabis Caucus chair says
If U.S. Rep. Dina Titus has her way, the 119th Congress will finally pass cannabis banking reform as well as bills easing military veterans’ access to medical marijuana and researchers’ abilities to study the drug. If all that sounds familiar – or like a crass...
Nebraska medical marijuana legalization lawsuit now includes more state officials
A former Nebraska state senator has added a half-dozen state officials to a lawsuit seeking to undo voter-approved medical marijuana legalization. John Kuehn, who is also a former member of the state’s Board of Health and a co-founder of anti-cannabis...
Parent of Raw cannabis rolling papers wins $8.7M in copyright-infringement suit
The Arizona-based parent company of Raw cannabis rolling papers has been awarded $8.7 million from a competitor for copyright infringement of package design and likeness. According to a December ruling by Magistrate Judge Brenda Weksler of the U.S. District Court for...
Illinois expands medical marijuana program with 4 new qualifying conditions
Illinois is expanding its medical marijuana program with the addition of four conditions to the list of ailments that can be treated with cannabis. The additions are the first expansion of the state’s medical marijuana program since 2019 and bring to 56 the total...
Reborn Eaze plants first cannabis crop at newly expanded Florida cultivation facility
(This story has been updated to clarify the number of dispensaries Verano Holdings operates in Florida and add additional information.) Following through on a goal it set in November while announcing a rebranding and cash infusion, California-based marijuana operator...
DoorDash rushing to deliver hemp-derived products
Product and food delivery app DoorDash is the latest major company to enter the hemp market. The San Francisco-based tech giant, which connects consumers to local businesses, said in a news release that it has started delivering low-dose hemp-derived beverages,...
Ayr Wellness opens Miami’s first medical cannabis dispensary
Ayr Wellness has opened the first medical cannabis dispensary in Miami nearly 10 years after Florida voters legalized MMJ sales. “It’s pretty exciting. This has been a five-plus-year process since we started planning this particular dispensary,” Rob Vanisko, Ayr’s...
Cannabis debt crisis looms as billions in loans come due in 2026
As much as $3 billion in debt will come due for major U.S. cannabis operators by the end of 2026, a “wave” of maturities that could portend a significant shake-up in the regulated industry. Most analysts contend that companies have enough time to craft solutions to...
Marijuana rescheduling process paused indefinitely after judge cancels hearing
President-elect Donald Trump’s choice to lead the U.S. Drug Enforcement Administration will wield a heavier hand than expected over the ongoing marijuana rescheduling saga after the agency’s chief administrative law judge canceled hearings scheduled for next week. DEA...
Marijuana rescheduling judge blasts DEA for ‘unprecedented, astonishing’ behavior
The U.S. Drug Enforcement Administration’s refusal to comply with direct orders from the administrative law judge overseeing the marijuana rescheduling process is “unprecedented and astonishing.” That’s part of the scathing criticism directed at the DEA on...Featured
1
Latest Sponsored
