A LEGISLATIVE PANEL on Wednesday plans to hold the first of two hearings on the Cannabis Control Commission, but officials from the agency itself won’t be there to make their case. Rep. Daniel Donahue of Worcester, the chair of the Joint Committee on Cannabis Policy said that those at the commission are deliberately not invited because the point of the hearings is to understand … [Read more...] about Cannabis Commission not invited to testify at legislative hearings
In The News
3 Oakland County communities set to vote on marijuana proposals in Nov. election
As metro Detroit voters prepare to weigh their options at the voting booth this fall, voters in a few metro Detroit communities will have another hot-button issue to consider: cannabis. Marijuana has been legalized recreationally statewide since December 2018, with the first state-licensed sales taking place a year later, in December 2019. But not every community has pot shops … [Read more...] about 3 Oakland County communities set to vote on marijuana proposals in Nov. election
Cookies sued for allegedly not buying $4.75M worth of cannabis products
San Francisco’s most famous pot brand is getting pulled back into court, this time after a partner company accused Cookies of not paying for $4.75 million in cannabis products and then using “stolen property” to fraudulently enrich the Cookies company. The lawsuit, filed in Los Angeles County court last week, centers around Cookies’ business deals in the hemp industry, a … [Read more...] about Cookies sued for allegedly not buying $4.75M worth of cannabis products
Curaleaf Denies Having Supply Agreement With Flora Growth for German Market
Cannabis multistate operator Curaleaf is denying that it entered a supply agreement with Flora Growth after Flora Growth issued a press release on Oct. 30 suggesting just that. “There is no agreement in place between Curaleaf and Flora Growth Corp.,” according to a Curaleaf statement provided to Cannabis Business Times through the company’s public relations team. That … [Read more...] about Curaleaf Denies Having Supply Agreement With Flora Growth for German Market
Not My Problem: Connecticut Federal Court Rules Hemp Lawsuit Is a State Issue
I adore the film (and, as always, I stress the word “film”) Trading Places. It has it all: Eddie Murphy hitting his prime, a wonderfully smug Dan Akroyd, Jamie Lee Curtis doing her thing, and it’s all wrapped up in a caper-turned morality tale about the orange juice futures market. There are so many wonderfully quotable lines from that movie, but when I read a recent decision … [Read more...] about Not My Problem: Connecticut Federal Court Rules Hemp Lawsuit Is a State Issue
Is California fighting a losing battle with cannabis enforcement?
Law enforcement officials say illicit market in the state is "as big and bad as ever," despite headline-grabbing cannabis seizures. Is California fighting a losing battle with its unlicensed marijuana market, more than six years after the state supposedly legalized cannabis? It sure seems like it. Just in the 2024 calendar year alone, state officials claim to have seized more … [Read more...] about Is California fighting a losing battle with cannabis enforcement?
Beacon Hill might restructure the Cannabis Control Commission. Here’s what you need to know.
This Wednesday, state lawmakers will host the first of two legislative hearings probing the Cannabis Control Commission, the embattled agency that oversees Massachusetts’ $7 billion marijuana industry. It follows a difficult year for the agency, marred by toxic workplace allegations, worries over misplaced funds, and the contentious termination of its one-time chair. … [Read more...] about Beacon Hill might restructure the Cannabis Control Commission. Here’s what you need to know.
DaySavers Partners With Urban Outfitters, Bringing Cannabis Accessories Into Mainstream Retail
DaySavers, the most compliant and tested pre-rolled cone and rolling paper brand on the market, partnered with Urban Outfitters to bring DaySavers cannabis pre-roll products to select retail stores and online shop. The distribution partnership represents a significant milestone for DaySavers, highlighting the brand's commitment to bringing high-quality cannabis accessories into … [Read more...] about DaySavers Partners With Urban Outfitters, Bringing Cannabis Accessories Into Mainstream Retail
A New York City law used to padlock suspected illegal pot shops is ruled unconstitutional
FILE - New York Police officers collect seized merchandise at an illegal cannabis shop during an enforcement action, Wednesday, Aug. 7, 2024, in New York. (AP Photo/Yuki Iwamura, File) A law that New York City has relied on to padlock scores of suspected unlicensed marijuana shops is unconstitutional because it violates the rights of store owners, a judge ruled Tuesday. Mayor … [Read more...] about A New York City law used to padlock suspected illegal pot shops is ruled unconstitutional
Receiver sought for marijuana business after $22M default
A Maryland real estate investment trust is seeking control of a Missouri marijuana business as it says some $22 million is owed on a back note. Viridescent Realty Trust Inc. said in a lawsuit filed Friday in St. Louis County Circuit Court that in 2021 it made a loan to the business, with entities carrying the name Blue Arrow, tied to John Wilbers and Laura Wilbers. Wilbers, a … [Read more...] about Receiver sought for marijuana business after $22M default