Though #Senate hearings on #adult-use #recreational #marijuana have had a sense of “when, not if” the drug would be legal, at least one #senator is calling for more skepticism. While the three previous hearings have focused on the potential for boosting state #tax #revenues and reducing the harm of #marijuana activity already happening, Sen. Judy #Ward, R-Blair, warned of public health and safety concerns. “The hearings have seemed one-sided, and the topics covered have been

The #cannabis industry is pushing #lawmakers to get a #marijuana reform bill to #President #Biden’s desk before the #November midterms, fearing that a #Republican takeover of #Congress could doom its chances. In an in-person lobbying blitz last week, more than 20 chief executives of top cannabis companies urged lawmakers in both parties to pass the #SAFE Banking Act, a bill to allow them to work with #US #banks that the industry is confident will win enough #GOP support to p

It’s no April Fool’s joke. #NewMexico’s 118 #medical #marijuana #dispensaries will be licensed to serve all adults starting the morning of #Friday, April 1, 2022. After waiting nearly a full year since legalizing marijuana for all #adults last April, New #Mexicans age 21 and older will finally get their chance to legally purchase the plant. Every adult 21 or older may legally buy and possess up to 2 #ounces of #cannabis, 16 #grams of cannabis #extract, or up to 800 milligram

#California-based #MedMen #Enterprises said it is exiting the #Florida #medical #cannabis market with the sale of its #business #license and all its assets for $83 #million. The move significantly shrinks the multistate operator’s national footprint. MedMen sold all its #MMJ #assets in the state to #FortLauderdale, Florida-based #Green Sentry #Holdings in an all- #cash deal that includes the company’s seven #dispensaries, its #cultivation operations and existing inventory. As

Ahead of its annual meeting, #Canadian #cannabis producer #Hexo Corp. is trumpeting “a significant positive total cumulative return” for its #shareholders between #2017 and last #July – even though the #stock tumbled more than 20% during that time and is at risk of being kicked off the #Nasdaq. #Quebec-based Hexo’s description of its stock performance is contained in a #February filing with the #US Securities and Exchange Commission and was used to justify significant #pay in

#Doobie, a customer centric cannabis delivery service, announced that it is expanding operations into #Tucson, #Arizona. Through partnerships with #cannabis retailer, #Green Med, Doobie will leverage its infrastructure and processes to provide cannabis delivery service to the #medical #market as an alternative way to reach their customer base. As a relative veteran in the cannabis delivery space, Doobie provides an easy, discreet, and safe way to get cannabis delivered direc

Incannex #Healthcare Limited, a clinical-stage pharmaceutical company developing unique #medicinal #cannabis #pharmaceutical products and #psychedelic medicine therapies for unmet medical needs, announced that #American Depositary Shares (‘ADS’) representing its ordinary shares have commenced trading on the #Nasdaq #Global #Market. Incannex simultaneously retains its listing of ordinary shares on the #Australian #Stock however, by achieving a dual listing on Nasdaq, the com

#SanDiego, home to one of the largest municipal #cannabis markets in #California, is lowering #tax rates on local manufacturers and growers in an effort to boost production overall. Despite a projected #revenue shortfall because of the tax break, the #City Council voted 6-3 to lower the rates for #marijuana #producers and #growers from 8% to 2%. The move was in response to industry insiders who have contended for years that high state and local taxes have discouraged compani

#WeedMD Inc. and BLOCKSTRAIN TECHNOLOGY CORP. announce that they have completed the ‘first-of-its-kind’ #cannabis #strain validation registration program. A testing and verification process that will confirm cannabis strains as purchased. Strain validation will play an important role as cannabis products advance through the #medical, #pharmaceutical and #retail channels. Following the collection and registration of #plant #DNA from its Aylmer, Ontario facility in #October 201

Ultra #Health recently sent a letter to New Mexico's prominent health insurers and state departments seeking confirmation from #insurers for #cannabis coverage as a #behavioral health #service. The #communication is a response to a recent law that eliminated all #cost-sharing and any out-of-pocket costs for behavioral health services and #medications. On #January 1, 2022, Senate Bill 317 became effective to make mental and behavioral health services more affordable for New Me

#Amazon wants to start selling #cannabis, but they say they are on the legal bandwagon for other reasons. The company has endorsed legislation by #US Representative #Nancy Mace to end the #federal prohibition on #pot. Reports claim this is the first time it has backed a #Republican-led bill on the issue. #Legalizing pot could also open the door to a #lucrative new market for the largest #online retailer. But the #tech giant says they are not interested in selling pot. “There

#Trulieve #Cannabis Corp announced an exclusive partnership with multi-platinum-selling, #GRAMMY Award and #Golden Globe nominated recording artist Wiz #Khalifa's brand, Khalifa Kush. Through the agreement, Trulieve becomes the #exclusive producer, #processor and retailer of Khalifa Kush branded products in #Florida and other northeast markets, beginning this #summer. "We're excited to partner with the undisputed leader in the Florida market," said #WizKhalifa. "Trulieve's de

As part of a #nationwide consultation initiative, #Albanian #Prime #Minister Edi Rama posted a question in late #January to seek the views of Albanians on the legalization of #medical #cannabis. Widely debated in the country, Edi Rama affirms that to make a decision, the opinion of the #citizens is necessary. “Some believe that #Albania should allow the #cultivation, processing and export of cannabis for #medical purposes, under state control, without legalizing it for #perso

Despite fears to the contrary #Malta’s main political opposition the National #Party has confirmed it will keep its #adult-use #cannabis legislation if it wins this year’s General #Election. In #December of 2021 Malta’s Government led by the majority Labor Party agreed to permit those over 18 to grow up to four plants at home, and carry up to 7gms on their person. In the run-up to the passing of the law the opposition National Party led by Bernard Grech decided to oppose the

Gold Flora, #California’s leading vertically-integrated single-state cannabis company, announced it has acquired Airfield Supply Company. Also included in the deal is Airfield Supply Co.’s #SanJose cultivation operations, facility and distribution licenses, #Mountain View delivery licenses and operation, all proprietary intellectual property, and its premium product brands, which include #Aviation #Cannabis and #Jetfuel Cannabis. Established to serve the #medical market as #S

#Senate Minority Leader Mitch #McConnell slammed the #Democrat majority in the #House for #voting to include the #SAFE Banking Act in a broad spending bill. McConnell called the SAFE Banking Act, the provision that allows for #cannabis banking, a “poison pill.” On #February 4, the majority of the members in the House of #Representatives voted to approve The #America Creating #Opportunities for #Manufacturing, Pre-Eminence in #Technology, and Economic #Strength Act of 2022 (A

The #Nevada #Cannabis Compliance Board (CCB) is seeking qualified, highly motivated individuals who want to work at the forefront of regulating the State’s fast-growing cannabis industry. Interested applicants are encouraged to visit the State’s #Jobs homepage to learn more about open opportunities along with the State’s application and examination process. Positions include, #Auditors, #IT Technicians, and Marijuana Program

#Cannabis commerce platform #Leafly #Holdings started #trading on the #public #stock #markets after completing its previously announced #merger with special purpose #acquisition company #Merida Merger Corp. I. Trading under the #ticker symbol LFLY Merida Merger, sponsored by #NewYork-based Merida Capital Holdings, adopted the Leafly name and is no longer trading as MCMJ. The companies said last #August that they expected that the combined entity would be valued at roughly $3

#Australia’s Department of #Health, preparing to overhaul its #medical #cannabis regulations, is poised to require that all products imported into the country’s small but #growing market be produced in accordance with Good #Manufacturing Practice (#GMP). The move would effectively shut out non-GMP-compliant manufacturers operating overseas by bringing production rules governing imported medical cannabis products into line with those produced domestically. The proposed rules,

Representative Donald M. Payne, Jr. issued an official statement on announcing his disapproval that not a single #cannabis license, out of 56 licenses issued in New #Jersey, was granted to #Black-owned #businesses. New Jersey’s #Cannabis Regulatory #Commission (CRC) is the entity in charge of issuing any cannabis licenses, and the CRC has not issued one to any of the state’s Black business owners. The CRC started taking applications from adult-use cannabis #growers, #manufact