DJT 2.0 Cometh.

A new study on hemp microorganisms could ultimately help researchers, scientists and growers boost production of CBD and other valuable compounds such as terpenes.

As one of his final acts before leaving office next week, President Joe Biden has granted another round of commutations for nearly 2,500 people incarcerated in federal prison over nonviolent drug convictions, though it’s not yet clear how many of those are serving time for offenses related to marijuana. Biden said on Friday that, with […]

As one of his final acts before leaving office next week, President Joe Biden has granted another round of commutations for nearly 2,500 people incarcerated in federal prison over nonviolent drug convictions, including several who are serving time for offenses related to marijuana. Biden said on Friday that, with these commutations, he has now granted […]

Asked about a recent Kentucky proposal that would urge the state’s congressional delegation to call for federal reforms to protect the Second Amendment rights of medical marijuana patients, Gov. Andy Beshear (D) on Thursday said he supports the effort but would like to see even more sweeping change on the federal level. “I think the […]

A Drug Enforcement Administration (DEA) judge has advised the head of the agency that the ball is back in her court with respect to the Biden administration’s marijuana rescheduling proposal, providing notice of a request for leave to file appeal that he granted this week in the hearing proceedings. In a letter sent to DEA […]

President Joe Biden on Friday commuted the sentences of almost 2,500 nonviolent drug offenders locked up in federal prisons.

As Treasury Secretary Janet Yellen prepares to leave office, she has a couple of personal observations to share: Her experience smoking marijuana for the first time was “OK,” and the psychedelic mushrooms she inadvertently ate in China amid “high-stakes meetings” representing the Biden administration were “delicious.” In fact, she’d recommend them. Yellen, whose tenure at […]

Cannabis multistate operator Ascend Wellness Holdings plans to issue $15 million in senior secured notes for such "general corporate purposes" as growth initiatives.

Lawmakers on a Virginia Senate committee have greenlit a proposal to legalize and regulate adult-use marijuana sales in the state, advancing a bill from Sen. Aaron Rouse (D) on a 8–7 vote. Friday’s OK from the Senate Committee on Rehabilitation and Social Services clears the first hurdle on the measure’s journey during Virginia’s short, 30-day […]

Indiana Gov. Mike Braun (R) reiterated this week that he’s “amenable” to legalizing medical marijuana in the Hoosier state, but he acknowledged it remains an open question whether Republican lawmakers will even take up the matter. “When it comes to medical marijuana, I’m clear on record that I’m going to be amenable to hearing a […]

One of the new Democratic co-chairs of the Congressional Cannabis Caucus, Rep. Ilhan Omar (D-MN), tells Marijuana Moment that her plan to advance marijuana reform this session is to be “a little bit louder” than her predecessors and and to appeal to Republican members’ “libertarian senses.” Following the retirement of Cannabis Caucus leaders Reps. Earl […]

TORONTO and GLIL YAM, Israel: TORONTO and GLIL YAM, Israel, Jan. 17, 2025 /PRNewswire/ -- IM Cannabis Corp. ("IMC" or the "Company") (NASDAQ: IMCC) (CSE: IMCC), a leading medical cannabis company with operations in Israel and Germany, announces that it has changed its auditor from Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global (the "Predecessor Auditor") to Fahn Kanne & Co. Grant Thornton Israel (the "Successor Auditor") effective January 16, 2025. The Predecessor Auditor resigned effective January 16, 2025, at the Company's request, and the Company's board of directors, upon the audit committee's recommendation, appointed the Successor Auditor to fill the resulting vacancy until the close of the next annual meeting of the Company's shareholders.

While Hunter Biden walks free, thousands of Americans are incarcerated for nonviolent marijuana offenses despite the president’s promises.

New marijuana industry coalition; Rescheduling hearing debate; OH House speaker dials down cannabis opposition; MA social consumption 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… Hold on, just one second […]

The National Cannabis Roundtable and the U.S. Cannabis Council - two large lobbying groups that advocate on behalf of the state-regulated marijuana industry in Washington, D.C. - are merging to form the US Cannabis Roundtable.

Incoming AG shines on Capitol Hill.

The campaign behind last fall’s failed adult-use marijuana legalization push in Florida is gearing up to try again in 2026.

A group of Republican lawmakers in Indiana have introduced a bill to legalize an adult-use cannabis market.

Federal officials and researchers spoke on a webinar this week about the hazards of allergens to workers in the cannabis industry, part of a regional Occupational Safety and Health Administration (OSHA) program to reduce the risk of occupational injury, illness and death at marijuana businesses. Speakers for the webinar from OSHA included compliance assistant specialist […]

Ohio’s GOP House speaker is changing his tune on the state’s marijuana law, appearing to walk back his previously stated plan to undermine provisions of the voter-approved initiative such as home cultivation rights. Speaker Matt Huffman (R), who previously served as Senate president, said in a new interview with News 5 Cleveland that while he […]

“There’s a high level of dissonance between the Council and what the voters really want in this city.” By Alexander Lekhtman, Filter The Colorado Springs City Council has passed an ordinance to allow the city’s marijuana legalization measure to move forward as intended, despite fears that it intended to effectively ban sales within city limits. […]

“Had we not intervened, the hearing would have gone ahead with DEA openly tipping the scales against rescheduling.” By Michael DeGiglio, Village Farms & Robert Head, Hemp for Victory As the leaders of Village Farms and Hemp for Victory, both of which had been selected to participate in next week’s Drug Enforcement Administration hearing on […]

Marijuana e-commerce platform Leafly Holdings' shares will be delisted from the Nasdaq stock market on Jan. 17 after the exchange’s hearings panel determined the company didn’t earn the required minimum $500,000 in net income from operations.

Two leading marijuana industry associations have announced a merger to consolidate their advocacy work toward the new Congress and the incoming Trump administration. The U.S. Cannabis Council (USCC) and National Cannabis Roundtable (NCR) will now be unified, combining their resources under a new name: the U.S. Cannabis Roundtable (USCR). “This is a pivotal time for […]

“We heard some extremely compelling arguments in testimony today that dealt with the use of medicinal marijuana, and honestly, maybe that’s a conversation that this body should have.” By Mia Maldonado, Idaho Capital Sun A bill to implement a minimum $300 fine for adults possessing three ounces of marijuana or less is moving forward to […]

“Massachusetts is ready to reach the next frontier in regulated cannabis. On-site social consumption is no longer novel but represents the natural progression of our safely regulated industry.” By Nurys Camargo and Bruce Stebbins, Massachusetts Cannabis Control Commission Massachusetts made history in 2018 when the first legal cannabis retailers on the East Coast opened. We […]

The Justice Department is telling a federal court that it should pause a lawsuit challenging the Drug Enforcement Administration’s (DEA) marijuana rescheduling process after the agency’s own judge cancelled upcoming administrative hearings that were set to start next week. In a filing submitted on Wednesday with the U.S. District Court for the Western District of […]

TALLAHASSEE, Fla.: New Muskingum County location will host grand opening celebration Friday, January 17th TALLAHASSEE, Fla., Jan. 16, 2025 /PRNewswire/ -- January 16, 2025 – 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 a new dispensary in Zanesville, Ohio. The new Trulieve Zanesville location will host a grand opening celebration Friday, January 17, featuring specials and promotional giveaways.

SAN FRANCISCO: AI powered scientific evidence-based system developed in partnership with Graphwise and HomeLab SAN FRANCISCO, Jan. 16, 2025 /PRNewswire/ -- JP Morgan Healthcare Conference – Kanavos Inc, a trailblazer in cannabinoid knowledge graph development, today announced a strategic partnership with Graphwise, a global leader in advanced knowledge graph and semantic AI technologies. This collaboration, alongside a partnership with HomeLab, California's top life sciences accelerator, signifies a breakthrough approach to helping patients access evidence-based therapeutic treatments.

TORONTO: TORONTO, Jan. 16, 2025 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) ("MediPharm", "MediPharm Labs" or the "Company") is pleased to provide an update with respect to the previously announced sale of its facility in Napanee, Ontario (the "Napanee Facility") to be completed pursuant to the terms of a share purchase agreement (the "Purchase Agreement") entered into with Kensana Health Inc. ("Kensana Health") through a disposition of all of the Company's indirect equity interests in its wholly-owned subsidiary ABcann Medicinals Inc. ("ABcann") to Kensana Health for $5.5 million in cash (the "Transaction").

If U.S. Rep. Dina Titus has her way, the 119th Congress will finally pass cannabis banking reform as well as bills easing military veterans’ access to medical marijuana and researchers’ abilities to study the drug.

FL 2026 legalization; NRA on marijuana consumer gun ban; Rescheduling debate; FDA on CBD & animals; WA psychedelics; Study upends “lazy stoner” image 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 […]

A former Nebraska state senator has added a half-dozen state officials to a lawsuit seeking to undo voter-approved medical marijuana legalization.

Four Canadian LP's to watch.

The Food and Drug Administration is asking for comments from veterinarians and the broader public about the use of cannabis-derived products—in particular CBD—in animals. The agency wants to know more about usage trends, potential drug interactions, quality standards and other issues related to the veterinary use of cannabinoids. The comment period opens on Thursday and […]

“We’ve come to rely on this investment as Montanans, and it’s critical that we continue to build on this foundation.” By Micah Drew, Daily Montanan In the four years since the Montana Legislature created the framework to legalize recreational marijuana, tax revenue has funneled tens of millions of dollars into conservation programs across the state. […]

The Arizona-based parent company of Raw cannabis rolling papers has been awarded $8.7 million from a competitor for copyright infringement of package design and likeness.

Just months after a Florida marijuana legalization initiative failed at the ballot, the campaign behind the proposal has filed a revised version in hopes of getting a second shot in 2026. Smart & Safe Florida’s 2024 measure did receive a majority of the vote in November, but it fell short of a steep 60 percent […]

Washington State senators are renewing the push to legalize psilocybin services, prefiling a bill ahead of the forthcoming legislative session that would create a regulated psychedelics system aimed at promoting mental health and wellness. The measure, SB 5201, led by Sen. Jesse Salomon (D) along with eight cosponsors, is a revised version of legislation he […]

Illinois is expanding its medical marijuana program with the addition of four conditions to the list of ailments that can be treated with cannabis.

“Counsel for the parties fundamentally misunderstood how this proceeding, this tribunal and this judge are legally-bound to proceed—and in so doing have potentially set back the entire movement for cannabis reform.” By Khurshid Khoja, Greenbridge Corporate Counsel P.C. As legal counsel representing the National Cannabis Industry Association (NCIA) during the Drug Enforcement Administration’s (DEA) marijuana […]

CALGARY, AB: CALGARY, AB, Jan. 15, 2025 /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 it will release its financial and operational results for the quarter and year ended October 31, 2024, after financial markets close on Wednesday, January 29, 2025. High Tide's fourth fiscal quarter and year end 2024 financial and operational results will be available on SEDAR+, EDGAR, and on the Company's website at https://hightideinc.com/invest.

A new federally funded study examining the associations between cannabis use and other health-related behaviors finds that adults are more physically active on days they used marijuana—evidence that contradicts the “lazy stoner” stereotype—although they also drank alcohol more heavily and smoked more cigarettes. The paper, by a team of ten researchers from across the U.S., […]

The National Rifle Association’s (NRA) lobbying arm says that recent court decisions calling into question the constitutionality of the federal government’s ban on gun ownership by marijuana consumers has “led to a confusing regulatory landscape” that’s impacted Americans’ Second Amendment rights. “Marijuana use is no longer limited to the domain of indigenous religious customs or […]

LOS ANGELES: Expansion into South Africa & Nigeria Marks Ispire's First International Nicotine License Arrangement & Product Launch LOS ANGELES, Jan. 15, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced the successful launch of its BrkFst nicotine products across South Africa and Nigeria, marking the Company's first international nicotine license arrangement and product launch. BrkFst, the brand co-created by GRAMMY-Award winner Burna Boy, is set to redefine the nicotine product market in these regions.

A top federal drug science official is suggesting that a model for government-run marijuana sales could promote public health, similar to what’s been observed in states that control alcohol sales. In a blog post published on Tuesday, National Institute on Drug Abuse (NIDA) Director Nora Volkow laid our her thoughts on a cannabis research agenda, […]

PALATKA, Fla.: PALATKA, Fla., Jan. 15, 2025 /PRNewswire/ -- Eaze Inc. has finalized the closing of its asset purchase and started operations at 70 retail locations and two cultivation sites on Jan. 1, 2025. Eaze completed the hiring and onboarding of approximately 1,100 employees across California, Colorado, and Florida. In addition, Eaze is celebrating the first planting of its newly expanded Green Dragon Florida cultivation facility. This major milestone marks the next phase of growth, ensuring greater production capacity to meet rising market demands at its 40 retail locations. The expansion will increase the indoor flowering canopy from 32,000 square feet to 64,000 square feet. Products from the expansion will be available starting in April 2025 with new genetics. The increased flowering canopy allows for higher production volumes while maintaining the improving product consistency customers have come to expect. Alongside Green Dragon's growth in production at its Palatka facility, the company is excited to open its 40th retail location in the heart of Cape Coral, Florida later this month.

Following through on a goal it set in November while announcing a rebranding and cash infusion, California-based marijuana operator Eaze has planted its first cannabis crop in its recently expanded Green Dragon Florida cultivation facility.

WI medical marijuana; AR gov: Use cannabis revenue to fund school lunches; VA official & RFK on 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… Your good deed for […]

Cannaland digests the latest delays.

Product and food delivery app DoorDash is the latest major company to enter the hemp market.

The Republican governor of Arkansas has announced a new plan to use tax revenue from medical marijuana sales to provide public school students in the state with free breakfast and lunch. During her State of the State address on Tuesday, Gov. Sarah Huckabee Sanders (R) said her administration intends to “use medical marijuana money” to […]

Ayr Wellness has opened the first medical cannabis dispensary in Miami nearly 10 years after Florida voters legalized MMJ sales.

“Republicans have refused to give our bill a subcommittee hearing.” By Bob Sillick, Iowa Capital Dispatch Most Americans continue to support the legalization of cannabis, as the medical use of cannabis is legal in 40 states and the District of Columbia and recreational cannabis is legal in 24 states and the District of Columbia. Early […]

Wisconsin’s Republican Senate majority leader says it’s possible that the legislature could pass a medical marijuana legalization bill in the 2025 session, though he’s cautioning that his chamber likely will not go along with a prior proposal from Assembly GOP leadership to establish state-run dispensaries. During an interview with WISN-TV that aired on Sunday, Senate […]

A top U.S. Department of Veterans Affairs (VA) official says it’s “very encouraging” that President-elect Donald Trump’s pick to lead the nation’s top health agency, Robert F. Kennedy Jr., supports psychedelics reform—and he hopes to work with him on the issue if he stays on for the next administration. VA Under Secretary for Health Shereef […]

“In November 2024, taxpayers paid for two statewide votes which together sought to obtain an objective that was unconstitutional, unlawful and impossible.” By Zach Wendling, Nebraska Examiner The targets of a legal effort arguing that Nebraska’s voter-initiated legalization of medical cannabis is federally unconstitutional have been expanded to include a new regulatory commission, the state […]

MIAMI: MIAMI, Jan. 14, 2025 /PRNewswire/ -- Leafwell, the largest virtual care clinic for medical cannabis and a leader in data-driven cannabis research, today announced former NFL star and Super Bowl XXXIII Champion Marvin Washington has joined the company as an advisor. As part of this initiative, Washington will lead conversations with players' unions to integrate cannabis consultations and treatments into the health benefits negotiated through collective bargaining agreements, providing tailored solutions to the unique health challenges faced by athletes and their families.

The majority leader of New Hampshire’s House of Representatives said that the “ship has sailed” on the issue of marijuana legalization and, in his view, it will be another ten years or so before the state has a good chance to join its neighbors in enacting the reform. “We had an opportunity with the last […]

As much as $3 billion in debt will come due for major U.S. cannabis operators by the end of 2026, a “wave” of maturities that could portend a significant shake-up in the regulated industry.

LOS ANGELES: KANHA's popular high-power edibles now available in California, Illinois, Massachusetts, and Nevada LOS ANGELES, Jan. 14, 2025 /PRNewswire/ -- Sunderstorm, the innovative force behind the award-winning cannabis edibles brand KANHA, is thrilled to announce a coast-to-coast expansion of its Solventless Rosin Belts, now launching in Illinois, Massachusetts, and Nevada. Already a favorite among cannabis enthusiasts in California, these revolutionary belts combine exceptional taste, innovative technology, and unparalleled potency to deliver a truly elevated experience.

The Republican chair of a key Senate committee in Pennsylvania says he’s expecting to take up legislation this year that would make the state the 25th in the U.S. to legalize adult-use marijuana. He also thinks that more of his GOP colleagues could get on board with the reform soon than have in the past. […]

SAN DIEGO: Fuel Your Body, Elevate Your Mind! SAN DIEGO, Jan. 14, 2025 /PRNewswire/ -- Fuel & Elevate, the visionary hemp-derived functional beverage brand, is thrilled to announce its unprecedented success at the 2024 America's Best Hemp Beverage Competition. The company walked away with an impressive nine Double Gold Medals, including four "Best of the West" titles, four "America's Best" recognitions, and a highly coveted Best in Show award for its Café Mocha blend.

NEW YORK: NEW YORK, Jan. 14, 2025 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH", "Ascend" or the "Company") (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, is pleased to announce it has closed its previously announced private placement of $15 million of its 12.75% Senior Secured Notes due 2029 (the "Notes"). The Notes form part of the same series of the $235 million aggregate principal amount of the Company's 12.75% senior secured notes due 2029 issued on July 16, 2024. The Notes were issued at a price of 97.00% of face value (the "Offering"). The Notes were issued pursuant to and governed by a trust indenture entered into as of July 16, 2024, as amended and supplemented by a first supplemental indenture dated as of January 13, 2025. The Company intends to use the net proceeds of the Notes for general corporate purposes, including to fund growth initiatives.

MIAMI: Uniting Cutting-Edge Technologies to Revolutionize Cannabis and Hemp Processing MIAMI, Jan. 14, 2025 /PRNewswire/ -- Prodigy USA LLC, also known as Prodigy Processing Solutions, today proudly announced its worldwide partnership with inTEST Environmental Technologies, a division of inTEST Corporation (NYSE American: INTT). Effective immediately, Prodigy will serve as strategic distribution partner for its inTEST Thermal Solutions (iTS) Thermonics® Ultra-Low Temperature and Cryogenic Chillers across the cannabis, hemp, biomedical, and pharmaceutical processing industries, specifically tailored for cannabinoid-related applications.

SEATTLE: Jones Soda's Crossover Brand Debuts in State Dispensaries Next Week with THC-Infused Sodas SEATTLE, Jan. 14, 2025 /PRNewswire/ -- Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) today announced that its Mary Jones line of cannabis sodas, shooters and mixing syrups is expanding to Missouri, the country's fifth largest legal cannabis market, through a manufacturing and distribution partnership with Kansas City-based CLOVR. The first Mary Jones products will be available in Missouri dispensaries today, January 14, marking the latest milestone in the line's growth since its 2022 launch in California.

VA gov slams legal marijuana sales push; USDA hemp appointments; KY bill on medical cannabis & gun rights; Dallas police end marijuana arrests 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 […]

President-elect Donald Trump’s choice to lead the U.S. Drug Enforcement Administration will wield a heavier hand than expected over the ongoing marijuana rescheduling saga after the agency’s chief administrative law judge canceled hearings scheduled for next week.

The first hearings on the Biden administration’s marijuana rescheduling proposal that were set for next week have now been canceled following a legal challenge from pro-reform witnesses, a Drug Enforcement Administration (DEA) judge has ruled. While DEA Administrative Law Judge (ALJ) John Mulrooney rejected key arguments from rescheduling proponents about how alleged improper communications and […]

Judge blasts “unprecedented astonishing” defiance.

The U.S. Drug Enforcement Administration’s refusal to comply with direct orders from the administrative law judge overseeing the marijuana rescheduling process is “unprecedented and astonishing."

A Drug Enforcement Administration (DEA) judge is condemning the agency over its “unprecedented and astonishing” defiance of a key directive related to evidence it is seeking to use in upcoming hearings on the Biden administration’s marijuana rescheduling proposal. At issue is DEA’s insistence on digitally submitting tens of thousands of public comments it received in […]

Virginia Gov. Glenn Youngkin (R) emphasized during his State of the Commonwealth address that he’s not interested in cooperating with lawmakers to legalize marijuana sales in the state, claiming that doing so would hurt children, worsen mental health and increase violent crime. “Strong communities work to prevent harmful drug use,” the governor said during the […]

DWIGHT, Ill.: PharmaCann Facility Expands Union's Footprint in Cannabis Supply Chain DWIGHT, Ill., Jan. 13, 2025 /PRNewswire/ -- Cannabis workers at the PharmaCann cultivation facility in Dwight, Illinois, have voted overwhelmingly to join Teamsters Local 777. "We already represent over 100 PharmaCann Teamsters throughout Illinois," said Jim Glimco, President of Local 777. "We look forward to getting these workers a great union contract, just like we've already done for PharmaCann retail workers throughout the state."

The Drug Enforcement Administration (DEA) is asking an agency judge to reject a request to have it removed from upcoming marijuana rescheduling hearings over allegations it opposes the reform it is supposed to be defending during the proceedings—while still declining to clarify where it actually stands on the proposal. About a week after DEA Administrative […]

Canada-based cannabis retailer High Tide is getting into the German medical marijuana market with the acquisition of 51% of Purecan GmbH for 4.8 million euros ($4.9 million) in a cash-and-stock deal.

Bipartisan Colorado lawmakers have filed a bill that would allow a form of psilocybin to be prescribed as a medication if the federal government authorizes its use. Similar to legislation that Gov. Jared Polis (D) signed into law in 2022 regarding the medical dispensing and use of MDMA, the newly introduced bill from Reps. Anthony […]

Berkeley Patients Group, the nation’s oldest operational marijuana retailer, is embroiled in several lawsuits alleging the California operator failed to pay invoices to vendors, landlords and service providers.

“We find consistent evidence that increased marijuana access is associated with reductions in benzodiazepine prescription fills.” By Ashley Bradford, Georgia Institute of Technology In states where both medical and recreational marijuana are legal, fewer patients are filling prescriptions for medications used to treat anxiety. That is the key finding of my recent study, published in […]

The Dallas, Texas Police Department is instructing officers to stop arresting or citing people for possession of up to four ounces of marijuana, in accordance with a voter-approved ballot initiative. In an internal memo, Dallas Interim Police Chief Michael Igo also clarified that officers cannot “consider the odor of marijuana as probable cause for search […]

The U.S. Department of Agriculture (USDA) and the Office of the U.S. Trade Representative (USTR) have added more hemp industry stakeholders to key trade advisory committees to promote the crop globally. USDA Secretary Tom Vilsack and USTR Representative Katherine Tai announced last week that they’ve appointed two new members who work with the hemp industry […]

Newly filed bipartisan legislation in Kentucky urges the state’s congressional representatives to amend federal law to clarify that users of medical marijuana may legally possess firearms. Senate Concurring Resolution 23, introduced Tuesday by Senate Minority Whip David Yates (D) and Sen. Stephen West (R), says it “respectfully urges Kentucky’s congressional delegation to support amending the […]

Consumer preferences will dictate how cannabis retailers shape their product offerings and inventory in 2025.

Ohio marijuana-linked car crashes decreased with legalization; Indiana cannabis bills; New York psychedelics legalization; Jimmy Carter & cannabis 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… Your good deed for […]

CALGARY, AB: Acquisition Will Give High Tide Majority Stake in Purecan's Profitable Operations, German Import License, Warehousing and Logistics Infrastructure, and In-Development Telemedicine Portal The Company Intends to Leverage its Procurement Expertise and Licensed Producer Relationships Associated with its over $1.5 Billion Cumulative Canadian Brick & Mortar Cannabis Sales to Supply the German Medical Cannabis Market Purecan has a strong financial profile showcasing a December revenue run rate of approximately €15 million, with approximately 40% gross margins and 29% EBITDA margins.High Tide intends to leverage its Canadian Licensed cannabis procurement expertise, built on over $1.5 billion of the Company's cumulative cannabis sales since Canadian cannabis legalization, to build a significant, market-leading German medical cannabis business unit.High Tide continues to diversify into high margin revenue streams within its ecosystem to further strengthen the Company's innovative Canadian brick-and-mortar retail model, including through this highly accretive acquisition.With German medical cannabis sales increasing rapidly after the adoption of the Consumer Cannabis Act this past April, this acquisition provides a base for the Company to expand into other European medical cannabis markets in due course1.

The state’s medical cannabis program has been stalled due to controversies surrounding the licensing process. By Ralph Chapoco, Alabama Reflector ​A​ court hearing over medical cannabis licensing originally scheduled for Monday has been pushed back about a month. The Alabama Court of Civil Appeals will hear arguments on February 11 at 10 a.m. over Montgomery […]

“This moment represents an extraordinary opportunity for New York State to lead the nation by demonstrating how a restorative justice program can repair past harms and create meaningful change.” By Rosalind Adams, THE CITY A group of cannabis dispensary operators called on Gov. Kathy Hochul (D) Thursday to forgive tens of millions of dollars of […]

“We do not want this to become a marijuana state.” By Mia Maldonado, Idaho Capital Sun A Nampa legislator introduced a bill on Thursday to implement a $300 minimum fine for adults possessing three ounces or less of marijuana. Under Idaho Code, individuals possessing more than three ounces of marijuana can face a felony conviction […]

NEW YORK: NEW YORK, Jan. 10, 2025 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH", "Ascend" or the "Company") (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, is pleased to announce it has entered into an agency agreement with Seaport Global Securities LLC (the "Agent") on January 10, 2025, in connection with a proposed private placement of $15 million of its 12.75% Senior Secured Notes due 2029 (the "Notes"). The Notes will form part of the same series of the $235 million aggregate principal amount of the Company's 12.75% senior secured notes due 2029 issued on July 16, 2024. The Notes are expected to be issued at a price of 97.00% of face value (the "Offering"). The Notes will be issued pursuant to and governed by a trust indenture entered into as of July 16, 2024 (the "Indenture"), as amended and supplemented by a first supplemental indenture to be dated as of the closing date of the Offering (the "Supplemental Indenture"). The Company intends to use the net proceeds of the Notes for general corporate purposes, including to fund growth initiatives. The Offering is expected to close on or about January 13, 2025, subject to customary closing conditions.

Four New York City marijuana retailers with social equity licenses are suing state regulators, claiming that recently issued exceptions to a law imposing a 1,000-foot barrier between stores is “undermining” their businesses.

Teen canna use declines in legal states.

More than 270 medical cannabis dispensaries could launch in Washington, D.C., this year.

The top marijuana regulators in two states on the verge of launching adult-use sales are stepping down.

The grandson of Jimmy Carter eulogized the late president on Thursday, paying tribute to his “prophetic” early advocacy for policies like marijuana decriminalization. At the former president’s funeral service at the National Cathedral, Jason Carter joked that his grandfather was “the first millennial” given his support for various progressive issues that are now enjoy broad […]

Indiana lawmakers are already making moves to enact drug policy reform in the 2025 session—with newly filed bills to legalize marijuana, allow medical cannabis and fund psilocybin research. While the prospects of the cannabis measures are unclear given the Republican-controlled legislature’s historic resistance to reform, the psychedelics legislation would simply provide the necessary funding for […]

As marijuana legalization took effect in Ohio over the last year, the number of fatal traffic crashes in linked to cannabis fell by 30 percent—contrary to warnings from opponents of the policy change who feared it would lead to more deadly car accidents involving stoned drivers. That’s according to new preliminary data from the Ohio […]

DETROIT: DETROIT, Jan. 10, 2025 /PRNewswire/ -- Lou Gram a.k.a. "Big Shifter", the celebrated Detroit rapper, entrepreneur, and community advocate, is proud to announce the opening of Fly Shifter Cannabis, a premium cannabis store that reflects his bold, creative vision and dedication to the Detroit community. The new store opening will take place on Saturday, January 11th at 6220 8 Mile Rd, Detroit, MI 48234 for those that are 21 years or older. The celebration will include live sounds from DJ Chrome, food from Are You Hungry or What?, vendors on-site all day and an appearance from Lou Gram himself. Customers will be able to purchase some of Big Shifter's exclusive cannabis packs. Customers will be able to sign up for the Shifter's Only Club to enjoy loyalty rewards and points on their purchases. The store, which is designed to merge artistry, culture, and cannabis into a truly unique experience will be something not worth missing.

Another psychedelics bill has been prefiled in New York for the 2025 session—this one calling for the legalization of certain entheogenic substances such as psilocybin and ibogaine for adults 21 and older. Sponsored by Assemblymember Linda Rosenthal (D), along with eight cosponsors, the legislation would amend state statute to make legal the “possession, use, cultivation, […]

Despite new changes to content moderation announced earlier this week, Meta—the owner of Facebook, Instagram and Threads—appears not to be changing its practices around marijuana, continuing to block search results on the social media platform for terms such as “marijuana” and “cannabis” and instead displaying a notice encouraging users to report “the sale of drugs.” […]