Cannabis on Fire: How Debt Financing Harms Small to Midsize Cannabis Companies
Tue / Aug 30th OPINION
Cannabis equity funding has all but dried up — unfortunately, it’s the small to midsize cannabis companies who will be suffering for it.
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Tue / Aug 30th OPINION
Cannabis equity funding has all but dried up — unfortunately, it’s the small to midsize cannabis companies who will be suffering for it.
Mon / Aug 29th
In the last 13 months, California’s Department of Cannabis Control has executed 232 search warrants, seized more than half a million pounds of unregulated cannabis, and eradicated more than 1.4 million illegal cannabis plants.
Mon / Aug 29th
The Michigan State Police is ceasing blood tests for cannabis after discovering false positives for THC in testing procedures that have been used for more than 20 years.
Mon / Aug 29th
Multiple Oregon municipalities are planning to put psilocybin therapy bans on November election ballots after state voters opted to legalize the treatment in 2020.
Fri / Aug 26th
The FTC is issuing product refunds for customers who bought CBD products from Kushly Industries LLC after the company made unsubstantiated treatment claims regarding CBD’s effects on ailments ranging from acne to cancer.
Fri / Aug 26th
New York has opened the application process for conditional social equity retail licenses and nonprofit organizations that assist justice-involved individuals.
Fri / Aug 26th
The Vermont State Employees Credit Union will no longer accept new cannabis business accounts due to the sudden uptick in applications as the state prepares to open retail cannabis sales on October 1.
Fri / Aug 26th
SUNY Cobleskill in New York will offer a seven-credit cannabis science minor focusing on the production process, management, and cultivation of the plant.
Thu / Aug 25th
The campaigns to legalize medical cannabis in Nebraska weren’t able to collect enough signatures to qualify for November election ballots, but state Sen. Jen Day (D) said she would introduce legalization legislation in the next session.
Thu / Aug 25th
Ontario-based Truss Limited has issued a recall for three lots of its XMG Cola — over 37,000 units — due to concerns that tiny “pinhole leaks” could form in the cans, leading to possible leakage and loss of carbonation.
Thu / Aug 25th
The city of Stonecrest, Georgia voted to decriminalize the possession of an ounce or less of cannabis, eschewing jail time for fines of $100.
Thu / Aug 25th
The administration of Gov. Tom Wolf (D) will have to reveal the number of cannabis patients enrolled in the program for opioid addiction treatment after a panel of Pennsylvania judges sided with a news agency’s request.
Wed / Aug 24th
Oklahoma’s adult-use cannabis legalization question may be blocked from November ballots due to a delay in signature counting by a new vendor contracted by the state.
Wed / Aug 24th
New Mexico has awarded more than 1,000 cannabis industry licenses but about 70% of the licenses so far were issued to companies controlled by men.
Wed / Aug 24th
The Trucking Alliance is seeking permission from the Federal Motor Carrier Safety Administration to change its drug testing protocols from standard urine tests to hair tests to gain a more accurate representation of when drugs were consumed by drivers.
Tue / Aug 23rd
A federal survey found that U.S. young adults aged 19 to 30 used more cannabis and hallucinogens in 2021 than in any previous year.
Tue / Aug 23rd
A recent memo from the Biden Administration suggests that White House applicants who have invested in the legal cannabis industry may be denied security clearances.
Tue / Aug 23rd
New York City Mayor Eric Adams (D) launched Cannabis NYC this week, which will provide services and licensing assistance to the city’s cannabis social equity applicants.
Tue / Aug 23rd OPINION
While every industry has had to adapt to shifting attitudes about office work and in-person networking, the cannabis industry in particular needs to explore alternatives to large corporate trade shows.
Mon / Aug 22nd
Maine’s First Circuit Court of Appeals has struck down the requirement that a dispensary must be owned by state residents.
Mon / Aug 22nd
Ascend Wellness Holdings Inc. is calling off the deal to take over MedMen New York due to concerns about MedMen’s allegedly ‘deteriorating’ assets.
Mon / Aug 22nd
The Virginia Cannabis Association is partnering with Educapital Foundation to offer one-time $1,000 scholarships to college students pursuing a career in cannabis.
Fri / Aug 19th
In a recent ruling, Nevada’s Supreme Court clarified that adult cannabis use was not considered “lawful” behavior outside of work because it is not federally legal.
Fri / Aug 19th
A police chief in Arkansas has formed a group to oppose the state’s upcoming cannabis legalization ballot initiative, focusing his argument on drug dogs becoming “useless” if the measure is successful.
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