Lawsuit filed to disqualify conflicted agency.

A Drug Enforcement Administration (DEA) judge is giving the agency less than a week to respond to recent allegations that it illegally communicated with the prohibitionist group Smart Approaches to Marijuana (SAM) during the Biden administration’s rescheduling review process. Just two days after a motion was filed with DEA Administrative Law Judge (ALJ) John Mulrooney, […]

The Sacramento City Council approved a measure that paves a path for California's capital to issue consumption lounge licenses sometime in 2025.

A coalition of 67 Democratic members of Congress are calling on President Joe Biden to expand on his executive clemency work in the final months of his term, citing his past marijuana pardons as an example of his ability to provide “life-changing” relief to Americans. With Biden nearing the end of his time in office, […]

President-elect Donald Trump’s recent selection of physician and TV personality Dr. Mehmet Oz to oversee the Centers for Medicare and Medicaid Services adds another pro-medical-marijuana voice to the forthcoming administration. While federal prohibition means the move is unlikely to have any immediate impact on cannabis availability for patients covered by the health assistance programs, Oz […]

The image of clandestine cannabis cultivation is fading fast, with 66% of home growers feeling empowered to openly grow the plant, according to a recent survey.

After years of delays, researchers are set to move forward on a landmark clinical trial meant to evaluate the efficacy of smoked medical marijuana to treat post-traumatic stress disorder (PTSD) in military veterans. The study is being funded with tax revenue from legal cannabis sales in Michigan. The Multidisciplinary Association for Psychedelic Studies, or MAPS, […]

Every party that applied to argue against moving marijuana to Schedule 3 of the Controlled Substances Act has full standing to participate in an upcoming landmark hearing, a top U.S. Drug Enforcement Administration judge ruled late Tuesday.

A Drug Enforcement Administration (DEA) judge has officially ruled on which of the agency’s selected witnesses for a marijuana rescheduling hearing will be able to participate, while laying out the procedure for the administrative process—including how pro- and anti-reform speakers will be able to cross-examine one another. The order also briefly addressed a motion filed […]

“The timing of the court’s decision does not impact in any way my certification decision.” By Zach Wendling, Nebraska Examiner Nebraska Attorney General Mike Hilgers (R) pledged Tuesday that his office’s ongoing civil and criminal investigations into two medical cannabis measures won’t impact whether he certifies the election results. Hilgers, commenting at a news conference […]

SMYRNA, Ga.: SMYRNA, Ga., Nov. 20, 2024 /PRNewswire/ -- Wynk, an award-winning leader in low-dose, hemp-derived cannabis beverages, is thrilled to announce its statewide debut in Georgia. As demand surges for refreshing alternatives to traditional alcohol, Wynk's THC-infused seltzers are now available at age-gated licensed retailers across the state, offering consumers in cities like Atlanta and Savannah a new way to socialize.

“We saw people who were trying to game the system in order to improve their chances in the lottery.” By Peter Callaghan, MinnPost Minnesota cannabis regulators have started giving bad news to about two-thirds of the 1,817 social equity license applicants that they will not be entered into the first license lottery that is now […]

OAKLAND, Calif.: OAKLAND, Calif., Nov. 20, 2024 /PRNewswire/ -- STORZ & BICKEL GmbH ("STORZ & BICKEL"), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), is proud to announce it won a Gold Medal at the 2024 MarCom Awards for an Outstanding Special Event, honoring the brand's unforgettable coast-to-coast VENTY launch parties.

SAN FRANCISCO: SAN FRANCISCO, Nov. 20, 2024 /PRNewswire/ -- Poseidon Investment Management ("Poseidon" or the "Company"), a leading investment firm in the cannabis industry, today announced the close of a successful $6 million Series A funding round for Distru, the cannabis industry's premier ERP platform. The latest funding round was made possible with the support of Global Founders Capital and marks a pivotal step forward for Distru as it strengthens its status as the premier system-of-record for cannabis operators.

MIAMI and OKLAHOMA CITY: Partnership delivers New York, Oklahoma, New Mexico, and Michigan patients easier access to cannabis medicine MIAMI and OKLAHOMA CITY, Nov. 20, 2024 /PRNewswire/ -- Mango Cannabis, a cannabis retailer that offers the highest-quality cannabis experiences at dispensaries throughout the state of Oklahoma, announced today its partnership with Leafwell, the largest virtual cannabis clinic. Known for its large product offerings and commitment to patient care, Mango Cannabis can now go one step further and provide virtual clinical care to its patients thanks to its partnership with Leafwell.

“New York’s success demonstrates that carefully designed market rules can simultaneously encourage diverse ownership, protect competition, drive innovation and prevent consolidation.” By Damian Fagon, New York State Office of Cannabis Management In the three years since New York legalized recreational cannabis, headlines have documented an industry wrestling with litigation, bureaucratic delays and public safety concerns. […]

CHARLOTTE, N.C.: AIR Also to Launch Al Fakher Tobacco Pods, Zodiac Tea Pods, and Pacific Realms CBD Pods in the U.S. CHARLOTTE, N.C., Nov. 20, 2024 /PRNewswire/ -- Advanced Inhalation Rituals (AIR), manufacturer and distributor of Al Fakher, the world's #1 hookah brand, is proud to announce the launch of OOKA, the most versatile and convenient way to enjoy hookah, in the U.S. The stylish and portable charcoal-free device provides a new and modern way to experience hookah through its state-of-the-art pod system and heating technology.

The bulk of local tax revenue from legal marijuana goes toward law enforcement and municipalities’ general funds, with relatively few cities and towns allocating cannabis-generated funds to support education or health programs. That’s according to a new study from researchers at the Ohio State University’s Moritz College of Law, with authors saying the findings represent […]

EDMONTON, AB: NASDAQ | TSX: ACB Introduces New Products and Flavours across Greybeard, San Rafael '71 and Tasty's brands EDMONTON, AB, Nov. 20, 2024 /PRNewswire/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian-based leading global medical cannabis company, is excited to announce its latest lineup of innovations from Greybeard, San Rafael '71 and Tasty's brands. With a continued focus on premium, science-driven offerings, this expanded lineup represents Aurora's commitment to delivering exceptional high quality, cutting-edge and diverse options for Canadian cannabis consumers.

SMITHS FALLS, ON: Canopy Growth brings the best of California's award winning Claybourne Pre-Roll Joint brand to adult-use consumers across Canada with the launch of 'Frosted Flyers' SMITHS FALLS, ON, Nov. 20, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today through an exclusive licensing agreement the launch of the award-winning California grown Claybourne brand in Canada. This initial launch brings Claybourne's Frosted Flyers Infused Pre-Rolls to Canadian medical and adult-use consumers in five distinct offerings, Blue Dream, Strawberry Cough, Pineapple Express, Grape Gasolina and Banana OG. Each Frosted Flyer is high potency and packed with nonstop flavor from start to finish.

The number of active U.S. cannabis business licenses continued to decline through Q3 2024 as established market reductions outpaced emerging market growth.

Legal brief: DEA illegally conspired w/ anti-marijuana group; SAFE Banking vote?; Beer group wants higher marijuana taxes; Former Nazis & psychedelics Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Before […]

A Drug Enforcement Administration (DEA) judge is being asked to remove the agency from its role in an upcoming hearing on the Biden administration’s marijuana rescheduling proposal, with a new legal filing citing alleged statutory violations that include “unlawful” communication with a prohibitionist group. When the Department of Justice formally proposed moving cannabis from Schedule […]

U.S. Sen. Debbie Stabenow released a proposal that redefines hemp to address cannabinoids such as delta-8 THC as well as the so-called “THCA loophole.”

Confirmation confusion continues.

A marijuana and psychedelics researcher is asking a Drug Enforcement Administration (DEA) judge to postpone a hearing on the Biden administration’s cannabis rescheduling proposal over the agency’s alleged “improper blocking” of witnesses, while arguing that the process should be halted at least until President-elect Donald Trump’s administration comes into power so it can review the […]

Minnesota bars two-thirds of marijuana social equity applicants from lottery is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Democratic senators say the path to passing a bipartisan marijuana banking bill in the final weeks of the year is narrow but not impossible to traverse—with one member identifying a potential vehicle for the reform and another saying supporters are in the process of lining up a vote. Secure and Fair Enforcement Regulation (SAFER) Banking […]

LITTLETON, Mass.: LITTLETON, Mass., Nov. 19, 2024 /PRNewswire/ -- This holiday season, Sanctuary Medicinals is spotlighting their Quickies Chocolate Bars as a flavorful and convenient option for cannabis enthusiasts. Available in two distinct varieties—indica/dark chocolate and sativa/milk chocolate—Quickies Chocolate Bars cater to different preferences, offering a relaxing or uplifting experience.

“The four-day trial confirmed the accuracy and expertise of Nebraska’s county election officials, who validated the signatures in the first place.” By Zach Wendling, Nebraska Examiner The ballot sponsors behind Nebraska’s successful medical cannabis measures on Election Day have made a final plea to a district judge to uphold the petition efforts and election results. […]

A newly published review of research on psychedelics and tobacco use concludes that there’s “evidence that psychedelics, in particular psilocybin, may offer a potential avenue for combating tobacco use disorder,” though authors say that studies to date are still limited and that further investigation is needed. The primary obstacle to drawing conclusions about the possible […]

Massachusetts regulators have issued the state’s first cannabis research facility license to a unit of multistate operator Curaleaf Holdings.

A GOP senator says marijuana rescheduling and industry banking legislation are “half-assed measures,” and lawmakers should instead focus on legalizing cannabis under a federal regulatory framework similar to alcohol and tobacco. He also argued that hemp-derived products that are available in states across the country are “more harmful” than marijuana itself. That position distinguishes Sen. […]

A leading beer industry trade group has put out a statement of guiding principles to address what it calls “the proliferation of largely unregulated intoxicating hemp and cannabis products,” warning of risks to consumers and communities resulting from THC consumption. Among other recommendations, the Beer Institute advises in the new document that lawmakers take a […]

MODESTO, Calif.: New study finds that home growers aren't who you think—and they're craving community MODESTO, Calif., Nov. 19, 2024 /PRNewswire/ -- When people think about growing cannabis at home, they often picture a dark closet or basement rigged with purple-hued black lights: A covert cultivation hidden from prying eyes. In reality, that's far from the case. With 24 states and the District of Columbia now allowing private citizens to grow at home (with limits), more Americans than ever before are cultivating in plain sight. In fact, 66% of home growers say they feel more confident and empowered to grow openly now that America has relaxed its legal stance on cannabis.

A new U.S. Senate bill aims to ensure benefits for veterans exposed to potentially hazardous chemicals during the Cold War era—including psychedelics, nerve agents and mustard gas. The secret testing program, which ran from 1948 to 1975 at an Army base in Maryland, involved former Nazi scientists administering the substances to American military members. The […]

TALLAHASSEE, Fla.: Grand opening celebrations at both new locations Friday, November 22nd TALLAHASSEE, Fla., Nov. 19, 2024 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of new medical cannabis dispensaries in Dania Beach and Spring Hill, Florida. Grand opening celebrations will be held at both locations Friday, November 22, beginning at 9 a.m., featuring music, specials, discounts, and opportunities to register for upcoming patient education sessions.

SANTA CRUZ, Calif.: Pioneers Cutting-Edge Technologies to Create a New Standard for the Cannabis Shopping Experience SANTA CRUZ, Calif., Nov. 19, 2024 /PRNewswire/ -- Jane Technologies, Inc. ("Jane"), the cannabis industry's leading e-commerce provider, today highlights the strategic use of artificial intelligence ("AI") and machine learning ("ML") tools across its product ecosystem. Jane leverages these capabilities to develop win-win solutions and create personalized experiences by connecting consumers to the right products, enabling stores to optimize operations, and helping brands extend their targeted reach — benefits that offer everyone in the industry a clearer view of the market landscape.

The U.S. Drug Enforcement Administration could allow more participants to testify at upcoming hearings concerning marijuana rescheduling in addition to the initial 25 who were designated in October.

Senate bill’s hemp definition change; Marijuana & driving poll; Australian legalization vote; Germany hosts international cannabis meeting Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Before you dig into today’s […]

A Drug Enforcement Administration (DEA) judge has rejected a veterans group’s petition to participate in an upcoming hearing on the Biden administration’s marijuana rescheduling proposal, which the organization called a “travesty of justice” that excludes key voices that would be affected by the potential policy change. The Veterans Action Council (VAC) was among numerous stakeholders […]

Cannabis is at a political crossroads.

PHOENIXVILLE, Pa.: Pharmacodynamic Results from the CAN-001 Phase 1b Study of PP-01, an Investigational Product, intended to Mitigate Cannabis Withdrawal Syndrome PHOENIXVILLE, Pa., Nov. 18, 2024 /PRNewswire/ -- PleoPharma, Inc., a privately held company focused on cannabis-related health issues, announced today, the presentation of data from their Phase 1b Pharmacokinetic and Pharmacodynamic study of Cannabis Withdrawal Syndrome ("CWS") in participants with Cannabis Use Disorder ("CUD") at the annual meeting of the American Academy of Addiction Psychiatry (AAAP) in Naples, Fla.

German officials are convening a multi-national conference where leaders will share their experiences with legalizing and regulating marijuana, with a focus on public health and mitigating the illicit market. At the same time, however, certain parties within Germany are pushing to overturn the country’s recently enacted cannabis legalization law. Representatives from Luxembourg, Malta, the Netherlands, […]

Local governments in Missouri can add a 3% local tax on marijuana products to state sales tariffs, but the law forbids cities and counties to “stack” local levies on top of one another, according to a court ruling.

Local governments in Missouri can add a 3% local tax on marijuana products to state sales tariffs, but the law forbids cities and counties to “stack” local levies on top of one another, according to a court ruling.

A New York state judge has ruled that hemp businesses can remove signs posted outside their businesses by law enforcement agencies that describe them as “illicit cannabis” stores.

PITTSBURGH: PITTSBURGH, Nov. 18, 2024 /PRNewswire/ -- "We thought there could be a better way to save and store a partially-consumed, cannabis infused lollipop or sucker in a pocket, purse or backpack," said one of two inventors, from Pomona, Mo., "so we invented the SUCKER SAVER. Our design allows you to save the sucker and consume it at a later time, without it being broken or covered with debris."

Senate Democrats have released the long-awaited text of an agriculture bill that contains several proposed changes to federal hemp laws—including provisions to amend how the legal limit of THC is measured and reducing regulatory barriers for farmers who grow the crop for grain or fiber. But certain stakeholders are concerned that part of the intent […]

With the number of people enrolled as medical marijuana patients in Georgia hitting 25,000 over the weekend, the state agency that operates the program can authorize more dispensaries to open.

Americans view driving under the influence of marijuana as one of the issues they’re “least concerned” about when compared to other dangerous behaviors such as operating a vehicle while distracted by cellphones, speeding or getting behind the wheel after drinking alcohol, according to a new Pew Research Center poll. The survey, which looked at public […]

Lawmakers in Australia are set to vote later this month on legislation that would legalize marijuana for adults in the country. “Epic news cannabis crew,” Sen. David Shoebridge, a Greens party member who’s leading the legalization effort, told followers on social media last week: “I’ve finally had it confirmed that Parliament will vote on the […]

In a new federal court filing defending the government’s ban on cannabis users owning guns, the Department of Justice (DOJ) argues that the ongoing restriction is “analogous to laws disarming the intoxicated” and other historical laws “disarming many disparate groups that the government believed presented a danger with firearms.” “Taken together, these laws establish the […]

Millennials are the leading generation in consumption of pre-rolls, accounting for 45% of the $3 billion market, according to a recent study.

Trump VA pick voted no on vets’ medical marijuana access; USDA delays hemp testing rule; Study: Most common uses for medical cannabis; VT psychedelics Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana […]

CALGARY, AB: CALGARY, AB, Nov. 18, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1508 Upper James Street, Hamilton, Ontario will begin selling recreational cannabis products and consumption accessories for adult use this week. This opening will mark High Tide's 187th Canna Cabana branded retail cannabis location in Canada, the 73rd in the province of Ontario and the third in the city of Hamilton.

“The reality of the situation is, for all practical purposes, cannabis is legal in the United States. We just call it hemp.” By Rebecca Rivas, Missouri Independent Missourians can walk into a CBD shop right now and buy something that looks just like the canisters of marijuana buds and joints sold in state-regulated dispensaries. Coffee […]

“OCM’s inspections not only confirmed that defendant was selling illegal cannabinoid products, but that defendant attempted to conceal its unlawful sales.” By Peter Callaghan, MinnPost The state Office Cannabis Management (OCM) has filed suit against a St. Paul and Minneapolis hemp retailer, asking a judge to permit it to destroy as much as $20,000 worth […]

VANCOUVER, BC: VANCOUVER, BC, Nov. 15, 2024 /PRNewswire/ - Numinus Wellness Inc. (TSX: NUMI) (OTCQX: NUMIF) ("Numinus" or the "Company"), a leader in mental health care specializing in innovative and evidence-based treatments, announces that it has requested a temporary Management Cease Trade Order ("MCTO") from the British Columbia Securities Commission ("BCSC") in connection with the Company's filing of its audited annual financial statements (the "Audited Financial Statements") and MD&A for the financial year ended August 31, 2024.

Cabinet controversies continue.

The U.S. Department of Agriculture has again extended a deadline for federally approved hemp to be tested at Drug Enforcement Administration-licensed labs.

President-elect Donald Trump has announced his intent to nominate former Rep. Doug Collins (R-GA) to head up the U.S. Department of Veterans Affairs (VA)—a choice that raises questions about how the agency might navigate marijuana issues given his prior record of voting against medical cannabis access for military veterans during his time in Congress. Collins […]

The U.S. Department of Agriculture (USDA) is once again delaying enforcement of a rule requiring hemp growers to test their crops exclusively at labs registered with the Drug Enforcement Administration (DEA), citing “setbacks” at the agency that have led to “inadequate” access to such facilities. This is the third year in a row that USDA […]

SNDL’s board gave the Canadian cannabis and alcohol company the green light to repurchase up to 100 million Canadian dollars ($70.9 million) of its outstanding common shares.

President-elect Donald Trump has named Robert F. Kennedy Jr. as his pick to lead the U.S. Department of Health and Human Services (HHS), where he will have the chance to advance major drug policy reforms he’s championed such as promoting access to psychedelics therapy and reshaping federal marijuana laws. Kennedy followed a dizzying path to […]

A report from a working group in Vermont tasked with evaluating opportunities surrounding psychedelic-assisted therapy concludes that psilocybin has the potential to help manage depression and anxiety. But members stopped short of advising any major changes to how the state regulates access to psychedelics, instead calling for increased harm-reduction training for healthcare providers and the […]

Minnesota's cannabis regulatory agency has filed a lawsuit against a Twin Cities retailer for allegedly selling unlicensed marijuana products.

“The appropriate remedy is declaring the result of the elections void.” By Zach Wendling, Nebraska Examiner Attorneys summarized their arguments this week for why a district court judge should void the election results last week for Nebraska’s successful medical cannabis ballot measures. On November 5, Nebraskans overwhelmingly voted to legalize and regulate medical cannabis, though […]

Recently published data from tens of thousands of medical marijuana patients across the U.S. show that pain, anxiety and post-traumatic stress disorder (PTSD) are the leading conditions qualifying patients for state medical cannabis programs. Notably, a majority of patients (58.6 percent) also reported having multiple medical conditions that they treat with marijuana. Among those with […]

VANCOUVER, BC: Definitive agreement includes the sale of U.S. wellness clinics and a partnership to launch a technology-driven clinic management solution for mental health care providers. Executed a definitive agreement with Stella for the sale of Numinus Wellness clinics for US$3.53 millionFocusing on business units and product development ("Numinus Network") to facilitate clinic efficiency and care reimbursement for mental health practitionersStella will partner with Numinus to share operational data from its network of 12 mental health clinics, supporting the development of advanced clinic management solutions for mental health practices, including insurance reimbursement supportCreates an asset-light business with a synergistic combination of clinical support, practitioner training and clinical research with a strengthened balance sheet

With the health of consumers and the profitability of cultivators at stake, a “decontamination step” in the cultivation process can act as a safeguard.

Trump AG pick vows to “go easy on marijuana”; NM gov’t worker cannabis policy change; Marijuana consumer spending; CA legacy cannabis project Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… […]

CALGARY, AB: CALGARY, AB, Nov. 14, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today that its board of directors (the "Board") has approved the renewal of its share repurchase program (the "Share Repurchase Program") upon the expiry of its current share repurchase program on November 20, 2024. The Share Repurchase Program authorizes the Company to repurchase up to C$100 million (the "Share Repurchase Amount") of its outstanding common shares ("shares") from time to time at prevailing market prices, enabling SNDL to opportunistically return value to shareholders.

Big Daddy opens in Illinois.

LOS ANGELES: LOS ANGELES, Nov. 14, 2024 /PRNewswire/ -- In a pivotal ruling, the Los Angeles Superior Court has cleared the way for Genius Fund I ABC, LLC to proceed with its mismanagement lawsuit against former co-CEOs Ari Stiegler and Gabriel Borden. The lawsuit alleges gross mismanagement that led to the rapid downfall of Genius Fund, a cannabis venture once poised to be a leader in California's cannabis industry. This decision denies Stiegler and Borden's attempts to dismiss the case, enabling Genius Fund's claims of breach of fiduciary duty, breach of the duty of loyalty, and breach of contract to proceed in full as it seeks millions in damages inflicted upon the company.

Investors debate the fate of Gaetz.

PHOENIX: Q3 2024 Revenue of $ 17.1 Million Q3 Adjusted EBITDA1 of $1.0 Million Matteson Facility Nears Full Operational Capacity in Illinois, Positioning to Meet Growing Market Demand 4Front Achieves over 56% Quarterly Growth in Massachusetts Wholesale, with Illinois Poised for Increased Growth as Matteson Facility Unlocks Scalable Production Capacity Washington Facilities Returns to Revenue Highs Showcasing Strength in Competitive Markets PHOENIX, Nov. 14, 2024 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQB: FFNTF) ("4Front" or the "Company"), a vertically integrated multi-state cannabis operator and retailer, today announced its results for the quarter ended September 30, 2024. All financial information is presented in U.S. dollars unless otherwise indicated.

Advocates in Idaho, arguably the least-cannabis-friendly state in the United States, are laying ambitious plans to skip over medical marijuana and go straight to adult use.

Organizers and researchers behind an ambitious effort to record California’s unique history in the development of cannabis genetics explained details of the state-funded project last week, laying out plans to conduct wide-ranging interviews, collect plant samples and establish a marijuana herbarium in partnership with legacy cannabis communities in urban and rural areas across the state. […]

The declining sales in recent months continue a pattern seen throughout 2024. By Jim Small, Arizona Mirror Arizona’s marijuana market saw continued softening in late summer, with September marking the lowest combined sales total of 2024, according to preliminary tax collection data. September recreational marijuana sales reached $67.3 million while medical sales clocked in at […]

President-elect Donald Trump’s pick for U.S. attorney general instantly excited many marijuana industry stakeholders based on his record of supporting cannabis legalization. But well before Rep. Matt Gaetz (R-FL) was even considered a potential candidate, he’d already previewed his plans if he was chosen to lead the Department of Justice: “Go easy on marijuana.” Gaetz, […]

Tilray subsidiary launches commercial cannabis flower grown in Germany is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

New York regulators have extended the timeline for provisional Conditional Adult Use Retail Dispensary licensees to open their recreational marijuana stores.

COLUMBUS, Ohio: Senate Bill 326 Threatens to Eliminate Statewide Access to Non-Intoxicating Hemp Formulas COLUMBUS, Ohio, Nov. 14, 2024 /PRNewswire/ -- As the Ohio Senate reconvenes post-election, Senate Bill 326, introduced by Senator Stephen Huffman, threatens to ban full spectrum hemp products containing more than 0.5 mg of THC per serving or 2 mg per package. Although aimed at regulating intoxicating hemp products like Delta-8 THC, the bill's sweeping restrictions and overly broad scope jeopardize a much wider range of hemp products, putting statewide access to therapeutic hemp products at risk and potentially devastating Ohio's hemp industry.

A majority of Americans who use marijuana say they’re spending more on cannabis now than they were last year, and many expect to spend even more over the next year, according to a new poll shared exclusively with Marijuana Moment. In an effort to gauge the strength of the marijuana economy, the survey from the […]

Premium Canadian LP updates investors.

Spain’s long-awaited and hard-fought legislation to launch a medical cannabis market in the country has been slammed by pharmacists, patient advocacy groups and businesses.

SAN DIEGO: SAN DIEGO, Nov. 14, 2024 /PRNewswire/ -- CV Sciences, Inc. (OTCQB:CVSI) (the "Company", "CV Sciences", "our", "us" or "we"), a preeminent consumer wellness company specializing in hemp extracts and other proven science-backed, natural ingredients and products, today announced its financial results for the quarter ended September 30, 2024. Third Quarter 2024 and Recent Financial and Operating Highlights

Americans adults are now more likely to smoke marijuana than tobacco cigarettes. That’s according to new survey data from Gallup finding that 15 percent of U.S. adults reported that they smoke cannabis, which is more than the 11 percent of who told the polling firm that they have smoked any cigarettes in the past week. […]

LOS ANGELES: LOS ANGELES, Nov. 14, 2024 /PRNewswire/ -- Elevate is excited to welcome former NBA champion Lamar Odom as its new ambassador. Odom's journey is inspiring, and through this partnership, Elevate hopes to promote wellness and encourage healthier lifestyles. This collaboration is more than a standard endorsement; it represents a joint goal of making wellness accessible to everyone. Odom's life experiences align with Elevate's focus on quality products that support well-being, offering hope and motivation for those aiming to improve their health and find balance. "Partnering with Odom aligns perfectly with Elevate's mission to prioritize well-being," said Emil, CEO of Elevate. "His approach to a healthier lifestyle resonates with our values, and we're thrilled to work together to challenge outdated perceptions and advocate for a more natural path to better living."

BOSTON: High concentration products promised relief but delivered anguish BOSTON, Nov. 14, 2024 /PRNewswire/ -- Former NFL player Brandon Lloyd describes using high concentration THC cannabis to cope with personal and professional stress, experiencing health effects, and finally breaking free of the substance in an interview for The Tea on THC, an education campaign created by Initium Health for the Colorado School of Public Health.

TORONTO and GLIL YAM, Israel: IMC pairs a +12% increase in revenue with a -16% decrease in the total operating expenses, building a solid foundation to deliver in 2025. TORONTO and GLIL YAM, Israel, Nov. 14, 2024 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, announced its financial results today for the third quarter ended September 30, 2024. All amounts are reported in Canadian dollars and compared to the quarter ended September 30, 2023, unless otherwise stated.

A plan for New Mexico’s most populous county to stop punishing most government employees for off-hours marijuana use is moving forward following a unanimous vote this week by county commissioners. The Board of Commissioners in Bernalillo County, which contains Albuquerque, adopted the first of two parts of a plan from Vice Chair Eric Olivas at […]

LOUISVILLE, Colo.: Sequential quarterly growth returns for 2024 New Product Innovations Driving Omni-Channel Expansion LOUISVILLE, Colo., Nov. 14, 2024 /PRNewswire/ - (TSX: CWEB, OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), a market leader in hemp-derived CBD and other botanical wellness products, today reported financial results for the third quarter ended September 30, 2024.

TORONTO: Strong Growth in International GMP Medical Markets TORONTO, Nov. 14, 2024 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids announced its financial results for the three and nine months ended September 30, 2024. Key Highlights Adjusted EBITDA(1): Negative $743K in the three months ended September 30, 2024 ("Q3 2024"), significantly improved from negative $2.4M during the same period in 2023 ("Q3 2023").Net Revenue: $9.8M in Q3 2024, a 15% increase as compared to Q3 2023. International medical cannabis revenue grew 37% versus Q3 2023 and represented 36% of revenues in the quarter. Canadian medical and business to business sales represented 46% of total revenue in Q3 2024.Gross Profit: 32% in Q3 2024, a 29% improvement from Q3 2023, driven by cost reductions, production efficiencies and favourable product mix.Final Convertible Debt Payment: $2.2M debt payment in Q3 2024. This fully pays off all of the Company's convertible debt. The Company is now free of any material debt with full mortgage free ownership of its three production facilities.Cash Balance: $13 million at the end of Q3 2024.

The next step in the yearslong marijuana rescheduling process could be a brief hearing where an administrative law judge informs witnesses why they aren’t qualified to participate, observers told MJBizDaily.

HI & PA could legalize in 2025; New GOP Senate leader anti-rescheduling; TX marijuana bills; Poll: How women choose cannabis; MO market outperforms Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment […]

California cannabis leader reports Q324.

Pro-weed AG pick sparks space.

Rep. Matt Gaetz (R-FL) is President-elect Donald Trump’s choice to serve as the next U.S. attorney general—a selection that would put one of the only GOP members of Congress who actively supports and voted for marijuana legalization into the nation’s top law enforcement position. As Trump works to put together his cabinet, the choice of […]