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Judge tosses lawsuit against Nebraska’s medical cannabis program

A Nebraska judge has dismissed a lawsuit alleging the state’s medical cannabis program is unconstitutional because marijuana remains federally illegal.

News June 27
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How private credit built – and will continue to sustain – the marijuana industry

(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) In the absence of traditional banking, private credit has emerged as the cornerstone of…

News June 27
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Principals of cannabis ad platform Weedmaps back out of stock purchase

WM Technology co-founders Douglas Francis and Justin Hartfield are backing out of a deal to purchase the company's outstanding common stock.

News June 26
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Marijuana banking will follow major budget bill, Congress promises

Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress needs to pass the Big Beautiful Bill first.

News June 26
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California lawmakers fail to include cannabis tax relief in budget bill

Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze on the levy into a state budget bill.

News June 26
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Ohio lawmakers unlikely to change recreational marijuana law before break

It appears unlikely that Ohio lawmakers will make changes to the state’s recreational marijuana law before their summer break.

News June 25
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Arkansas can enforce hemp-derived THC ban, appeals court rules

Most hemp-derived THC products in Arkansas are illegal and state officials may enforce a 2023 ban, according to a ruling from the U.S. 8th Circuit Court of Appeals.

News June 25
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Texas delivers potential major milestone for hemp and medical marijuana

Texas' changes in hemp and medical marijuana policy lay the foundation for significant advances for both industries - in business and politics.

News June 25
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House Republicans’ hemp-derived THC ban approved in committee

A Republican budget proposal in the U.S. House of Representatives that would ban hemp-derived THC under federal law passed a committee vote but is still far from becoming law.

News June 24
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