Chicago-based cannabis multistate operator Verano Holdings Corp. entered into an agreement with The Cannabist Co. to acquire the New York-headquartered MSO’s plant-touching operations in Arizona and Virginia.Verano will pay $105 million in cash, stock and promissory notes to acquire properties in the two states, growing its footprint to 14 U.S. markets, according to a Monday … [Read more...] about Verano spending $105M to buy cannabis licenses in 2 markets from Cannabist Co.
In The News
Man said he ate 10 marijuana edibles but alleged acts on Dallas flight lands him in jail
A man who said he ate about 10 marijuana edibles faces charges for alleged unruly behavior on an American Airlines flight last month, according to court documents and a news release from the U.S. Attorney’s Office. Eric Nicholas Gapco, 26, New Jersey is accused of propositioning a flight attendant for sex, vaping, locking himself in the bathroom and attempting to open the … [Read more...] about Man said he ate 10 marijuana edibles but alleged acts on Dallas flight lands him in jail
GOP protests marijuana rescheduling
The comment period for the rule ended last week, with an analysis finding more than 40,000 comments had been submitted, a majority in favor of the change. Among the comments was a 42-page letter from 11 GOP state attorneys general, speaking out against the move to reschedule. In their letter to Attorney General Merrick Garland, the attorneys general acknowledged that … [Read more...] about GOP protests marijuana rescheduling
Recreational dispensaries start selling weed in Ohio Tuesday. How much marijuana can I buy?
Recreational marijuana will soon be available in Ohio, making legal weed an option for Kentucky residents who wish to consume products across state lines. Currently, marijuana is illegal in Kentucky, but medicinal weed will be available starting in 2025. Weed in Kentucky:Who can get medical marijuana? Here's which conditions qualify Here's what you need to know about … [Read more...] about Recreational dispensaries start selling weed in Ohio Tuesday. How much marijuana can I buy?
U.S. Citizen Jailed In Russia For Medical Marijuana Not Included In Prisoner Swap Despite Pleas From Bipartisan Lawmakers
Despite pleas from bipartisan congressional lawmakers, a U.S. citizen imprisoned in Russia over possession of medical marijuana that he obtained as a registered patient in Pennsylvania was not included in a high-profile prisoner swap on Thursday. Marc Fogel, who used cannabis as an opioid alternative to treat pain, is serving a 14-year sentence after being convicted of “drug … [Read more...] about U.S. Citizen Jailed In Russia For Medical Marijuana Not Included In Prisoner Swap Despite Pleas From Bipartisan Lawmakers
Billionaire hedge fund manager gives $12M to fight pot initiative
Billionaire hedge-fund manager Ken Griffin has given $12 million to an effort to defeat a proposed constitutional amendment that would allow recreational use of marijuana in Florida. Griffin, CEO of the firm Citadel, announced the contribution Friday in an opinion piece in the Miami Herald, calling the proposed amendment “a terrible plan to create the nation’s most expansive … [Read more...] about Billionaire hedge fund manager gives $12M to fight pot initiative
Government Data Show Nearly 20% Decline in Teen Marijuana Use Over Past Decade
Government survey data released today by the US Department of Health and Human Services affirms that the adoption of state-specific marijuana legalization laws has not negatively impacted rates of teens’ cannabis use.Data provided by the Substance Abuse Mental Health Services Administration’s (SAMHSA) most recent National Survey on Drug Use and Health finds that teenagers are … [Read more...] about Government Data Show Nearly 20% Decline in Teen Marijuana Use Over Past Decade
Maine children getting sick from accidentally eating marijuana edibles
State data shows more than 50 children in Maine have accidentally ingested substances so far this year, a large percentage of those being marijuana.The data comes from the Office of Child and Family Services. The Health and Human Services committee held a hearing Wednesday on the issue.Several people testified about recent changes to Maine’s cannabis law, including removing the … [Read more...] about Maine children getting sick from accidentally eating marijuana edibles
Canadian man indicted for smuggling cannabis into Taiwan
Taoyuan, Aug. 1 (CNA) A Canadian national was indicted on Thursday for smuggling a large amount of cannabis into Taiwan, according to the Taoyuan District Prosecutors Office. In its indictment, the office said 31-year-old Canadian man, Nathanial Paul Xavier Awram, is suspected of conspiring with a man using the pseudonym David Du to smuggle the drugs into Taiwan. According to … [Read more...] about Canadian man indicted for smuggling cannabis into Taiwan
NYC officials have shut down over 750 illegal cannabis shops in recent months
It seems like nowadays in New York, you can find a smoke shop on every other corner, many of which are capitalizing off the city's increasingly liberal weed laws. But even though we're going through a sort of pot renaissance, don't be fooled: a lot of the businesses you might see are not legally registered and might actually be selling you bottom-shelf products. Yesterday, … [Read more...] about NYC officials have shut down over 750 illegal cannabis shops in recent months