TG Branfalt

New Jersey Attorney General Gurbir S. Grewal has instructed prosecutors to dismiss any pending cannabis-related charges that would no longer be illegal under the state’s new legalization law.

In a bipartisan move, Virginia lawmakers have voted overwhelmingly in favor of allowing flower products in the state’s medical cannabis program.

Maryland’s House Judiciary Committee yesterday considered legislation that would legalize adult-use cannabis, establish sweeping social equity provisions for the industry, and release prisoners currently serving time for cannabis crimes.

Eaze’s former CEO Jim Patterson pleaded guilty to one count of conspiracy to commit bank fraud. Two co-conspirators in the case are scheduled for a federal trial on March 1.

Public schools in Peoria County, Illinois are getting just over $858,000 in cannabis-derived tax revenue from the state.

A preliminary CBG study found that the cannabinoid showed effectiveness at impairing the progression of glioblastoma, which is considered the most aggressive of primary brain tumors.

In new amendments to his adult-use cannabis proposal, New York Gov. Andrew Cuomo is calling for a $100 million Cannabis Social Equity Fund and for establishing cannabis delivery in the state.

Cannabis company Parallel has entered into an acquisition agreement with Ceres Acquisition Corp that would see the combined company go public.

Tennessee lawmakers are considering legislation for a new medical cannabis commission that would analyze appropriate steps for enacting cannabis reforms in the state.

Montana state Rep. Bill Mercer (R) has proposed delaying the state’s voter-approved cannabis legalization initiative until 2023, saying the voters’ decision, “doesn’t make any sense.”

CBD Industries LLC — which was formally registered as cbdMD and still trades under that name — is suing Majik Medicine for infringement. Notably, Majik Medicine holds a trademark from 2017 for the “CBD MD” moniker, which cbdMD argues was erroneously awarded.

Former NBA player and coach Isiah Thomas has invested $3 million into One World Pharma, a licensed hemp and cannabis ingredient producer in Colombia.

The U.S. Tax Court ruled that California-based San Jose Wellness, a subsidiary of Harborside, is liable for $4.2 million in taxes under federal law.

New Jersey regulators can resume their review of medical cannabis license applications under a recent appellate court ruling. The licensing process has been delayed for more than a year due to lawsuits.

For the first time ever, a proposal for legalizing adult-use cannabis has passed through a legislative committee in Minnesota.

The Budz Lounge in Wagoner, Oklahoma opened its doors as a warming station and shelter for the town’s homeless population, who had nowhere else to turn amid a dangerous winter storm.

The Chief Marketing Officer for British American Tobacco, the world’s second-largest tobacco company, said CBD is “an exciting growth area” for the company’s future.

Chicago-based Verano Holdings Corp. is now trading on the Canadian Securities Exchange following its reverse takeover of Majesta Minerals Inc. on Wednesday.

New Jersey police have issued over 6,000 arrests for simple cannabis possession since voters overwhelmingly approved legalization reforms last November.

Former NBA All-Star Chris Webber and JW Asset Management LLC have joined to launch a $100 million private equity fund aimed at investing in cannabis companies led by entrepreneurs of color.

A recent Cannabis Compliance Board report in Nevada found that most cannabis industry operators in Nevada are white, male, and older than 34-years-old.

The Humboldt County Board of Supervisors has officially banned hemp production. The ban was sought due to concerns by medical and adult-use cannabis growers that hemp cultivation could ruin cannabis crops via cross-pollination and other issues.

Kentucky state Rep. Rachel Roberts has filed a bill that would legalize cannabis use and cultivation and expunge low-level cannabis crimes.

A recent poll found that 54% of North Carolina residents support legalizing cannabis for adult use and 73% support legalizing cannabis for medicinal purposes.