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David Klein retiring as CEO of Canadian cannabis operator Canopy Growth
David Klein, who joined Canopy Growth Corp. as CEO in 2020, will retire at the end of company’s current fiscal year, on March 31, 2025.
News August 16
California hemp stakeholders celebrate as restrictions are scuttled – for now
California hemp interests are celebrating after a push by marijuana regulators and the governor to strictly regulate intoxicating hemp-derived cannabinoids under state law failed in the Legislature.
News August 16
Judge dismisses challenge to Wyoming’s ban on hemp-derived THC products
Wyoming’s ban on the sale of delta-8 and other hemp-derived THC products will remain in place after a federal judge granted the state's motion to dismiss the case.
News August 16
Teamsters unionize fourth Verano cannabis store in Illinois
The Evanston, Illinois, location of the Zen Leaf cannabis retail chain “voted overwhelmingly” to join the International Brotherhood of Teamsters Local 777.
News August 16
Rescheduling alone wouldn’t solve the marijuana industry’s banking problem
Marijuana rescheduling would alleviate certain burdens for regulated operators but would do little to address cannabis banking difficulties.
News August 16
NORML: ‘No rational explanation’ for Missouri raising limits for toxic additive
The Missouri chapter of NORML is pushing back on the state's new regulations in that allow higher levels of potentially toxic vitamin E acetate in cannabis products, including vape cartridges.
News August 15
US alerts hemp sector to new Chinese CBD regulations
China is shifting its regulations on CBD production that could lead to legalized production in the East Asia country, according to a memo from the U.S. Department of Agriculture.
News August 15
California seizes 2.2 million illicit cannabis packages in Los Angeles Toy District raid
California authorities seized 2.2 million illicit cannabis packages -many designed to appeal to children - during a sting operation in downtown Los Angeles' Toy District.
News August 15
Marijuana MSOs set up high-risk fight with IRS over 280E of tax code
Tens of millions of dollars in tax savings and a quick increase in available cash are some of the immediate short-term benefits for the five major marijuana multistate operators that…
News August 15
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