The public listing would offer investors their first opportunity to invest directly in a pure-play seed genetics company.Three major cannabis seed companies announced plans Wednesday to merge operations and pursue a U.S. public listing, marking the first time a standalone genetics company could trade on a major exchange.Amsterdam-based Barney’s Farm Genetics and Sensi Seeds … [Read more...] about Cannabis seed companies announce merger, plan public US listing
cannabis
How Michigan created a $10B weed market
Michigan is on the verge of hitting $10 billion in weed sales just five years after legalizing the recreational cannabis industry.Only California — which has nearly four times as many residents — has a bigger legal marijuana market. And only Alaska — undoubtedly reflecting the unrelenting cold and darkness — has a higher volume of sales on a per capita basis.“We’re breaking … [Read more...] about How Michigan created a $10B weed market
Missouri cannabis microbusiness ‘mentor’ connected to licenses under state investigation
Fifth-three percent of Missouri voters signed off on a constitutional amendment legalizing recreational marijuana on Nov. 8, 2022 (Carol Yepes/Getty Images). The Missouri Cannabis Trade Association describes David Brodsky as “instrumental in developing the Missouri microbusiness community” and a mentor to disadvantaged business owners. In his cannabis consulting work, Brodsky … [Read more...] about Missouri cannabis microbusiness ‘mentor’ connected to licenses under state investigation
Rescheduling Hearings Begin: Not About If Marijuana “Good or Bad,” Says Judge
The first Drug Enforcement Administration (DEA) hearing on the Biden administration’s cannabis rescheduling proposal took place on December 2, with proponents and opponents appearing for a largely procedural meeting to prepare for more substantive hearings in 2025. The judge overseeing the proceedings made clear that the hearings are not meant to determine “whether marijuana is … [Read more...] about Rescheduling Hearings Begin: Not About If Marijuana “Good or Bad,” Says Judge
Medical marijuana group sues N.Y. over ‘punitive’ $20M retail license fee
ALBANY — The beleaguered rollout of New York’s legalized marijuana trade is facing another potential setback after the state’s Medical Cannabis Industry Association filed a lawsuit Wednesday challenging the constitutionality of what they allege is a punitive $20 million fee that’s required for medical cannabis operators to enter the retail marketplace. The lawsuit contends that … [Read more...] about Medical marijuana group sues N.Y. over ‘punitive’ $20M retail license fee
Recreational marijuana sales hit new high, but Ohio is years away from reaping the rewards
COLUMBUS, Ohio (WSYX) — Since the sale of adult-use cannabis began back on August 6, Ohioans have spent roughly $10 million per week on the product. According to the Department of Commerce Division of Cannabis Control, as of Nov. 30, adult-use sales have topped $191 million. The team at Cresco Labs, a marijuana growing facility in Yellow Springs, Ohio, said it has been … [Read more...] about Recreational marijuana sales hit new high, but Ohio is years away from reaping the rewards
In Indiana, ‘safe and regulated’ marijuana is what voters want
The late John Prine, in his 1971 classic song, “Illegal Smile,” wrote: “You may see me tonight, with an illegal smile. It don’t cost very much, but it lasts a long while.” The journey marijuana has traveled in American culture during my lifetime is a fascinating one. A quick review of the music written about it alone, lays out a chronology of an embattled, yet steady shift in … [Read more...] about In Indiana, ‘safe and regulated’ marijuana is what voters want
Pa. lawmakers to introduce legislation that would legalize adult-use cannabis
HARRISBURG, Pa. — Pennsylvania lawmakers announced planned legislation that would legalize adult-use cannabis in Pennsylvania. State Reps. Rick Krajewski and Dan Frankel announced Monday their co-sponsorship memo for landmark legislation to decriminalize cannabis in Pennsylvania. The legislatures vow the legislation would create a strong marketplace that centers public health, … [Read more...] about Pa. lawmakers to introduce legislation that would legalize adult-use cannabis
Canna Provisions lawsuit challenging federal authority over Massachusetts cannabis markets
BOSTON, Mass. - Massachusetts marijuana companies made their case in federal court on Thursday in a lawsuit against the U.S. Attorney General. This lawsuit, which Spectrum News 1 started following when it was first filed last year, was thrown out at the first stage which opened the door for an oral argument in the First Circuit Court of Appeals in Boston Thursday morning. In … [Read more...] about Canna Provisions lawsuit challenging federal authority over Massachusetts cannabis markets
Cannabis use is rising among R.I. middle schoolers; high school alcohol use is down, survey finds
Rebecca Elwell, regional director of the state-partnered Newport County Prevention Coalition, holds up a medication lock bag, designed to prevent kids and teens from accessing or using drugs at a Dec. 3, 2024, press conference at Classical High School in Providence for the latest results of the Rhode Island Student Survey. A free bag can be obtained at the prevention … [Read more...] about Cannabis use is rising among R.I. middle schoolers; high school alcohol use is down, survey finds
