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How cannabis business should navigate marijuana rescheduling after the DEA hearings
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New York touts legal marijuana sales spike as new licenses issued
New York state’s ongoing quest to squash the illicit market and rescue its failed adult-use cannabis launch continued this week as regulators issued 109 more marijuana business licenses.
News July 11Cannabis tech provider Lucid Green raises $1.4 million for expansion
Lucid Green, a cannabis supply-chain service provider based in New York, said it has raised $1.4 million to fund expansion into new markets.
News July 11Canadian hemp license numbers decline for third straight year
Active Canadian hemp licenses declined for the third year in a row with all provinces or territories showing double-digit permit declines from 2022.
News July 11Congress asks FDA for hemp-derived cannabinoid powers in spending bill
An influential Republican-controlled House of Representatives committee passed a spending bill on Wednesday that addresses the proliferation of hemp-derived cannabinoid products.
News July 10Arkansas medical cannabis sales down $5.5 million in first half of 2024
Medical cannabis dispensaries in Arkansas recorded $135.5 million in sales from Jan. 1 to June 30 this year, down from $141 million during the same six-month period in 2023.
News July 10House Republicans pass budget bill that would block marijuana rescheduling
A committee in the Republican-controlled U.S. House of Representatives passed a budget bill on Tuesday that would disrupt the Biden administration’s move to reschedule marijuana.
News July 10Florida’s Libertarian Party backs ballot measure legalizing adult-use cannabis
The Libertarian Party of Florida is throwing its weight behind a November ballot measure that would legalize adult-use cannabis, and recent polling suggests passage.
News July 10Can Germany avoid overproduction as new marijuana markets ramp up?
Are the operators supplying Germany's marijuana market today vulnerable to the same oversupply problems that Canada faced?
News July 10When will Ohio launch adult-use cannabis sales? Here’s what we know
The calendar has flipped well into July and Ohio regulators have yet to grant any final approvals for retailers to launch adult-use sales.
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