New York could issue first adult-use marijuana retail licenses Monday
New York cannabis regulators could issue the first adult-use marijuana retail licenses as soon as Monday.
Marijuana industry hopeful for federal reform during lame-duck Congress
Marijuana industry entrepreneurs and investors, exhausted and eager to catch a break after a difficult year of declining sales, tumbling prices, and vanishing capital, believe relief is on its way from an unlikely quarter: the U.S. Congress.
Cookies brand to start selling marijuana seeds for home grows, CEO Berner says
International marijuana brand Cookies will begin selling seeds for home cultivation, cannabis entrepreneur and rapper Berner said Wednesday on the Main Stage at MJBizCon.
GOP congressman compares marijuana industry to ‘slavery’
A Republican congressman notorious for blocking federal marijuana reform nearly derailed a “historic” Capitol Hill hearing on federal legalization Tuesday when he compared the MJ industry to slavery, comments other lawmakers decried as “offensive.”
Illinois licenses first social equity adult-use marijuana retailers
Illinois regulators issued the state’s first social equity adult-use marijuana retail license to an ownership group comprised of “wealthy and connected” Chicago entrepreneurs, including a former police officer.
Illinois offers forgivable loans to social equity marijuana businesses
Illinois is offering a total of $8.75 million in forgivable loans to conditionally approved social equity marijuana licensees “in order to provide immediate access to capital” after challenges with a previous loan program.
Marijuana legalization wins in Maryland and Missouri, but industry loses elsewhere
Marijuana legalization’s yearslong winning streak finally stopped at a red wall in conservative states in the South and West on Tuesday, but the 2022 election still brought a solid win in Maryland – and legalization advocates declared victory in Missouri early Wednesday, too.
