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…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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