Business
Senator Raphael Warnock (D-GA), who was the sole Democrat to oppose the Secure and Fair Enforcement Regulation (SAFER) Banking Act during a committee vote last year, has reiterated his support…
Martha’s Vineyard and Nantucket face the looming possibility of a cannabis supply shortage this summer due to stringent shipping regulations. Two prominent dispensaries, Island Time in Vineyard Haven and Green…
The California State Assembly recently passed AB-1775, titled “Cannabis: Retail Preparation, Sale, and Consumption of Non-cannabis Food and Beverage Products.” This bill, now heading to the state Senate for approval,…
Early last year, an affiliate of Central New York’s largest nursing home operator, Loretto, was granted the region’s first conditional license for selling legal recreational marijuana. However, Loretto has recently…
Revenue generated by adult-use cannabis markets in the U.S. is showing its true impact on the economy. According to a report by the Marijuana Policy Project (MPP), adult-use cannabis markets…
Cannabis stocks spiked immediately after President Joe Biden announced the reclassification of cannabis from a Schedule I to a Schedule III drug, endorsing the Justice Department’s recommendation. Biden posted a…
The Justice Department is seeking public comments on the “unique economic impacts” of its proposal to reschedule marijuana, acknowledging that state-level legalization has fostered a “multibillion dollar industry” that stands…
The anticipated merger between cannabis technology provider Agrify Corp. and controlled-environment ag-tech firm Nature’s Miracle has been called off due to what was described as “unfavorable market conditions,” according to…
U.S. liquor retail giant Total Wine & More has announced plans to make THC and CBD drinks produced by Texas-based Hill Beverage Co. available for nationwide delivery. Launch Date: April…
Federal restrictions on marijuana have long influenced Indiana’s top elected officials to maintain a conservative stance on the drug for both medical and recreational use. However, on Thursday, the federal…
On May 15, the US Justice Department took a significant step towards rescheduling cannabis federally from a Schedule I to a Schedule III substance. President Joe Biden announced his support…
The US Justice Department has formally moved to reclassify cannabis as a less dangerous substance, marking the country’s most significant drug reform in over 50 years. President Joe Biden hailed…