TG Branfalt

Colorado voters passed the legalization of psychedelic mushrooms on Tuesday; the move will let people aged 21 or older grow and share psychedelic mushrooms and will establish state-regulated “healing centers” where people can make appointments to consume psilocybin in a controlled environment.

A New York judge halted the issuing of adult-use cannabis retail licenses in five regions after a Michigan-based cannabis company filed a lawsuit against the state’s licensing requirements.

Illinois plans to distribute $8.75 million in loans of up to $500,000 at zero interest for 18 months to cannabis social equity licensees.

Five Texas cities — Denton, Elgin, Harker Heights, Killeen, and San Marcos — voted in favor of decriminalizing low-level cannabis possession during Tuesday’s midterm elections.

A second lawsuit has been filed in California alleging inflated THC levels on cannabis product packaging.

Maryland voters passed adult-use cannabis legalization reforms by a 31% margin during this year’s midterm elections, making it the 20th state to pass the reforms.

Missouri became the first mid-western state and the 21st state overall to approve adult-use cannabis reforms in Tuesday’s elections.

The result of the ballot initiative to decriminalize and regulate psychedelics in Colorado is still too close to call the day after Tuesday’s elections.

Arkansas voters rejected the state’s adult-use cannabis legalization measure on Tuesday.

Voters in South Dakota rejected adult-use cannabis reforms on Tuesday by a 6% margin.

North Dakota voters rejected adult-use cannabis reforms for the second time during Tuesday’s elections.

New Mexico broke another adult-use cannabis sales record in October, topping out at $25 million.

The Czech Republic is seeking to coordinate its adult-use cannabis legalization law with Germany as the two countries embark on implementing the reforms. 

The Maine Office of Cannabis Policy has banned caregivers without a storefront from providing medical cannabis in the form of pre-rolls and liquid concentrates.

Colorado has sold $13.4 billion worth of adult-use cannabis since its legalization in 2012, generating $2.2 billion in taxes for the state. 

A recent poll in Idaho found that 68% of voters believe medical cannabis should be legalized in the state.

Hemp fiber processing company FyberX is set to invest $17.5 million into its U.S. headquarters in Virginia. 

Entertainer Sean ‘Diddy’ Combs has agreed to purchase Cresco Labs Inc. and Columbia Care Inc for close to $185 million.

The U.S. Cannabis Council has launched a “Buy Legal” advertising campaign to encourage consumers to purchase cannabis products from regulated, legal sources.

The National Industrial Hemp Council of America is seeking quick approval from the FDA to include hempseed-based ingredients in animal feed.

New York has eliminated its adult-use cannabis testing limits for yeast, bacteria, and mold but will continue to monitor lab test results and licensees.

The Nevada Cannabis Compliance Board has received 100 applications for adult-use consumption lounges.

The mayor of St. Louis, Missouri has come out in opposition to adult-use cannabis legalization in the state, indicating that the amendment will create a “permanent exclusion” of minorities from the state’s cannabis industry.

Actor Jim Belushi’s cannabis company, Belushi’s Farm, has opened a new license partner location on Saint Regis (Akwesasne) Mohawk Tribe territory in upstate New York.