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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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Harborside expands California cannabis presence + debt options remain limited
On July 5, Harborside (CSE: HBOR; OTCQX: HBORF), a California-based vertically integrated operator, closed its acquisition of Sublimation (“Sublime”).
News July 14Marijuana company takes blame for sparking 80-acre California wildfire
Mendocino County, California cannabis distributor Flow Kana has admitted that one of its employees started a fire last week that burned 80 acres, forcing 250 to flee the area and…
News July 14Legal US cannabis sales could top $30 billion by 2022 thanks to continued growth, new markets
With new markets coming online and existing markets trending upward, legal cannabis sales in the U.S. are projected to surpass $30 billion in 2022, according to an updated long-term forecast…
News July 14Michigan governor moves to regulate delta-8 THC products
Michigan Gov. Gretchen Whitmer signed a legislation package that will regulate hemp-derived delta-8 THC.
News July 14Long-awaited US Senate marijuana reform bill unveiled, but measure faces long climb
Senate Majority Leader Chuck Schumer on Wednesday unveiled the draft of a comprehensive marijuana reform bill that would legalize the plant federally by removing it from the Controlled Substances Act…
News July 14California governor signs off on marijuana regulatory overhaul bill
California Gov. Gavin Newsom signed into law legislation to consolidate the state’s three marijuana programs under a single department as part of an effort to simplify regulatory oversight and improve…
News July 14Michigan cannabis edibles firm’s license suspended for alleged violations
A Michigan marijuana company's business license was suspended indefinitely after regulators accused an employee of licking a spatula used to make cannabis edibles.
News July 14How the SAFE Banking Act could ignite global cannabis reform
First proposed and passed by the U.S. House of Representatives in 2019 and then passed again by the House on April 19 of this year, the Secure and Fair Enforcement (SAFE)…
News July 14Senate Majority Leader Schumer poised to unveil marijuana reform bill
Senate Majority Leader Chuck Schumer reportedly on Wednesday will release a “discussion draft” of a long-awaited marijuana reform bill. The measure is expected to: Remove the plant from the federal Controlled…
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