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Diversity is not the same as equity in US cannabis industry
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Montana lawmakers kill bill intended to erase recreational marijuana industry
A proposed Montana state law that would have effectively canceled the state’s recreational marijuana industry and put new, draconian restrictions on medical cannabis died in committee.
News April 4
Virginia governor amends controversial hemp bill
Virginia's governor amended a contentious bill that would have limited hemp-derived products in the state to 2 milligrams of THC per container.
News April 4
New Mexico legal adult-use marijuana sales exceed $300 million in first year
New Mexico's regulated adult-use marijuana market turned 1 year old on April 1, with first-year recreational sales totaling nearly $301 million.
News April 4
Canadian cannabis companies SNDL, Nova to amend complex retail deal
Canadian cannabis producer SNDL and retail operator Nova Cannabis are amending a previously announced deal in which SNDL will transfer stores to Nova and return shares to the retail company…
News April 4
Oregon marijuana cultivators cope with price slump amid boom-bust cycle
Oregon marijuana cultivators have been suffering through another wholesale price slump as supply outstrips demand, a now-familiar pattern for the state's mature adult-use market.
News April 4
After key court ruling, New York awards 99 new cannabis retail licenses
New York regulators issued 99 new adult-use cannabis retail licenses on Monday, including to applicants previously blocked by an ongoing lawsuit that left key markets such as Brooklyn off-limits to…
News April 3
POSaBit acquires Hypur’s marijuana e-commerce assets for up to $7.5 million
POSaBit Systems Corp. acquired marijuana e-commerce and compliance software assets from Hypur for as much as $7.5 million if certain benchmarks are hit.
News April 3
NBA to allow players to promote, invest in and consume cannabis
A groundbreaking bargaining agreement between the National Basketball Association and its players association would allow players to invest in and promote cannabis companies.
News April 3
Germany imports record amount of marijuana, but growth slows
Germany imported a record amount of marijuana for medical and scientific use in 2022, according to new data from the country’s Federal Institute for Drugs and Medical Devices.
News April 3
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