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Medical cannabis dispensary rejected for DEA registration as more federal marijuana rescheduling details emerge
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Marijuana banking reform still needed if rescheduling occurs, report says
Rescheduling marijuana "is unlikely by itself" to solve the cannabis industry’s longstanding banking woes, according to a new report from Congress’ official policy-research arm.
News August 28
Missouri cannabis operators face Sept. 1 deadline to implement plain packaging
Missouri’s plain packaging requirements for recreational cannabis products take effect Sept. 1, more than a year after the rule was put in place.
News August 28
December marijuana rescheduling hearing prompts anger, stock sell-off
For the second year running, the $32.1 billion U.S. cannabis industry will head into the Labor Day holiday weekend on the heels of a major milestone in the Biden administration’s…
News August 28
New York hemp retailers file lawsuit against state regulator, NYC sheriff
Three licensed hemp retailers in New York filed a lawsuit in which they claim their constitutional rights are being violated in the wake of several raids against licensed operators.
News August 27
Maryland cannabis regulator fines Curio $8,000 for advertising violations
Maryland fined two divisions of cannabis multistate operator Curio Wellness a total of $8,000 for violating state advertising regulations.
News August 27
Marijuana MSO Ascend appoints new CEO, CFO in leadership shake-up
Two key executives are out at Ascend Wellness Holdings as the New York-based marijuana multistate operator struggles with declining revenue and increased losses.
News August 27
Value of a cannabis license varies with type, market age
A cannabis business license in one jurisdiction can be a golden ticket to substantial profits. In another, it's just a piece of paper.
News August 27
DEA: Marijuana rescheduling hearing won’t happen until after general election
Marijuana won’t be downgraded from Schedule 1 to Schedule 3 of the Controlled Substances Act until December at the earliest, according to a U.S. Drug Enforcement Administration notice.
News August 26
Massachusetts Cannabis Social Equity Trust Fund surpasses $27 million
The Cannabis Social Equity Trust Fund in Massachusetts is flush with more than $27 million, according to a new report.
News August 26
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