News

Cannabis Tax Burden: Exploring Relief Through Federal Restriction Easing

By / May 28, 2024 /

The federal tax code presents a significant challenge for legal cannabis businesses, hindering their ability to thrive and succeed in a burgeoning industry. This issue is exemplified by the experience…

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Breaking Down the DEA’s Latest Hemp Rules and Their Implications for Cannabis Businesses

By / May 28, 2024 /

The recent clarification by the DEA regarding the treatment of tetrahydrocannabinolic acid (THCA) in hemp products has triggered widespread concern within the hemp industry. The DEA’s interpretation, which includes THCA…

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Governor Hochul Addresses Departure of State Cannabis Management Executive Director

By / May 28, 2024 /

In a recent development within New York’s cannabis regulatory landscape, Governor Kathy Hochul took a moment to acknowledge the significant contributions of Chris Alexander, who recently departed from his role…

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Pouring Success: Cannabis Drinks Market Set to Soar with 37.3% CAGR Forecast by 2032

By / May 28, 2024 /

The global cannabis drinks market is poised for remarkable growth, with a projected valuation of $8.3 billion by 2032, driven by a staggering compound annual growth rate (CAGR) of 37.3%.…

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Farm Bill Amendment Takes Aim at Delta-8 THC and Cannabinoid Products

By / May 28, 2024 /

The recent advancement of a Farm Bill amendment by the U.S. House Committee on Agriculture, spearheaded by Representative Mary Miller, has sent ripples of concern throughout the cannabis industry. This…

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Legendary Partnership: Bob Marley Family Teams Up with Company for Exclusive Cannabis Offering

By / May 28, 2024 /

JAMAICA (WKRC) – In a groundbreaking collaboration, cannabis company Jeeter has teamed up with the family of legendary musician Bob Marley to introduce a unique cannabis line. This special release…

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Legal Highs and Low Notes: Nicki Minaj’s Concert Delayed in Netherlands

By / May 28, 2024 /

In the bustling city of Manchester, England, anticipation had reached a fever pitch as fans eagerly awaited the arrival of superstar rapper Nicki Minaj for her highly anticipated concert on…

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House Committee Approves Amendment to Ban Most Hemp-Derived Cannabinoid Products Including Delta-8 THC

By / May 24, 2024 /

A key House committee has amended a large-scale agriculture bill in a way that would impose a general ban on hemp-derived cannabinoids such as delta-8 THC. Industry stakeholders are concerned…

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Cannabis Pardons and Paraphernalia Decriminalization Bills Passed by Louisiana Senate

By / May 24, 2024 /

Senators in Louisiana decided this week to advance two separate pieces of cannabis-related criminal justice legislation after previously voting them down. The moves breathe new life into proposals that would…

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New Hampshire Senate Passes Amended cannabis Legalization Bill, Sparking Opposition from Key House Lawmakers

By / May 24, 2024 /

For the first time ever, New Hampshire’s Senate passed a marijuana legalization measure on Thursday, returning the bill to the House of Representatives for concurrence on recent amendments before it…

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Top Federal Drug Official Highlights Potential of Psychedelic Medicine, But Warns ‘It’s Not Magic’

By / May 24, 2024 /

A top federal drug official has expressed “tremendous excitement” about the therapeutic potential of psychedelics. However, she cautioned that while the treatment option is “very promising,” people should understand that…

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Police Groups Support Bill to End Federal Cannabis Prohibition and Allow Interstate Commerce

By / May 24, 2024 /

Two major law enforcement organizations have endorsed a bipartisan bill aimed at ending federal marijuana enforcement in states where it is legal. The Peace Officers Research Association of California (PORAC)…

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