ALBANY — A lawsuit filed Monday on behalf of the Cannabis Farmers Alliance accuses the state Office of Cannabis Management and Cannabis Control Board of pushing growers with small operations to the brink of financial ruin as their industry faces potential collapse. The lawsuit alleges that the “OCM’S rollout of legalized cannabis in New York has been disastrous” and that … [Read more...] about Group for small pot farmers sues N.Y. and warns industry ‘at risk of collapse’
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NYC Cannabis Stores Don’t Have a Lot in Common With Wine Bars and Brewpubs — Yet
In February 2014, Sohan Bashar started a one-year stint at Rikers Island after being convicted of a cannabis-related felony. In February 2024, Bashar opened Silk Road NYC, a licensed dispensary in Jamaica, Queens. His arc demonstrates the evolution of cannabis and cannabis-related retail in New York City. “Ten years later, I’m opening a store to then legally sell that product,” … [Read more...] about NYC Cannabis Stores Don’t Have a Lot in Common With Wine Bars and Brewpubs — Yet
Cannabis can help some people – but not everyone – sleep
Many insomniacs swear by cannabis as a way to help them sleep – while many scientific studies have found that THC actually exacerbates sleep problems. A new study published last week in Addiction might explain why. Researchers from the University of Southern California’s Keck School of Medicine found that for young adults with pre-existing depression or anxiety, cannabis … [Read more...] about Cannabis can help some people – but not everyone – sleep
Company says it will sue over damages after N.M. State Police make record cannabis seizure
ALBUQUERQUE, N.M. — State police have destroyed tens of thousands of pounds of marijuana plants at greenhouses in northwestern New Mexico, marking what regulators say is the largest seizure and destruction of cannabis in New Mexico since new possession and cultivation laws took effect in 2021. Authorities announced the operation Monday, saying dozens of agents were assigned to … [Read more...] about Company says it will sue over damages after N.M. State Police make record cannabis seizure
Lawsuit claims New York’s cannabis rollout threatens small farms’ survival
ALBANY, N.Y. (WRGB) — A group of cannabis farmers who own small operations in New York State have filed a lawsuit against the state Office of Cannabis Management (OCM), claiming the state’s handling of the recreational cannabis rollout has left them facing financial ruin. The lawsuit, filed by the Cannabis Farmers Alliance, allege that OCM is not following the laws the state … [Read more...] about Lawsuit claims New York’s cannabis rollout threatens small farms’ survival
Pueblo cannabis company to pay $225,000 fine in settlement after misrepresenting products
PUEBLO, Colo. (KRDO) – A Pueblo-based cannabis company will pay a $225,000 fine after reaching a settlement with the Colorado Attorney General's Office following a state investigation. According to the Colorado Attorney General's (AG) Office, Bee’s Knees CBDs made several misrepresentations on its website regarding the source of its products, wrongly characterized products as … [Read more...] about Pueblo cannabis company to pay $225,000 fine in settlement after misrepresenting products
Trump plans to revoke many Biden policies. Where does that leave marijuana?
President-elect Donald Trump is expected to come to the White House with a laundry list of policies he wants to change or reverse. The Biden administration has moved to ease longtime restrictions on cannabis — so, what might Trump's arrival mean for the push to legalize marijuana? There are signs that cannabis could be a rare issue on which Trump carries a Biden policy … [Read more...] about Trump plans to revoke many Biden policies. Where does that leave marijuana?
Cannabis researcher sues DEA to halt rescheduling hearing
The lawsuit claims that witness list failed to include the voices of Native American tribes and small businesses. A Cherokee marijuana businessman from Washington state who also researches some psychedelic compounds filed a lawsuit against the Department of Justice, asking a federal court to halt the ongoing cannabis rescheduling process to include a broader selection of … [Read more...] about Cannabis researcher sues DEA to halt rescheduling hearing
TerrAscend Signs $10.3 Million Acquisition Agreement to Enter Ohio
TerrAscend Corp., a leading North American cannabis company, announced the signing of a definitive agreement to acquire the assets of Ratio Cannabis LLC , a well-situated dispensary in Goshen Township, Ohio. Upon closing, this acquisition will be TerrAscend’s initial entry into Ohio, the company’s sixth state. Upon closing, total consideration to the sellers of $10.3 million … [Read more...] about TerrAscend Signs $10.3 Million Acquisition Agreement to Enter Ohio
Commentary: We’re overlooking New York’s medical cannabis program
Three years in, New York’s adult-use cannabis program has faced a series of setbacks, primarily due to mismanagement of the rollout, which allowed illegal dispensaries to thrive at the expense of legal cannabis operators. Changes at the Office of Cannabis Management have provided cause for optimism. The new leadership team has demonstrated a commitment to providing a welcome … [Read more...] about Commentary: We’re overlooking New York’s medical cannabis program