News

TPCO and Gold Flora: Pioneering Merger in Vertically Integrated Cannabis Industry

By / May 1, 2024 /

In a move that signifies consolidation and strategic positioning within California’s cannabis industry, TPCO Holdings, known as The Parent Co., and Gold Flora have announced their intention to merge. This…

Read More

Price Drop: California County Set to Decrease Cannabis Cultivation Tax as Outdoor Flower Hits $277 Per Pound

By / May 1, 2024 /

Local officials in Sonoma County, Calif., are considering revisions to the county’s cannabis tax rates, aiming to balance the tax burden on cultivators and manufacturers while addressing the evolving dynamics…

Read More

Biden Administration Affirms Commitment to Cannabis Rescheduling, Citing Campaign Promise

By / May 1, 2024 /

The Biden administration has recently reiterated its commitment to cannabis rescheduling, emphasizing a pledge made by President Biden during his 2020 election campaign. The White House has underscored its dedication…

Read More

Congress Advances GOP-Led Psychedelics Bill for Veteran Mental Health

By / May 1, 2024 /

A congressional committee has approved a GOP-led psychedelics bill focused on military veterans’ access. The proposal, advanced by Rep. Derrick Van Orden (R-WI), aims to address the potential therapeutic benefits…

Read More

Setback for South Carolina Medical Cannabis Bill as Session Nears End

By / May 1, 2024 /

Committee Testimony on Medical Marijuana Bill Lawmakers in South Carolina’s House committee hear testimony on Tuesday regarding a Senate-passed bill to legalize medical marijuana. Unlikelihood of a House Vote Despite…

Read More

Schumer’s Bold Move: Bill Filed to Federally Legalize Cannabis

By / May 1, 2024 /

Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR), and Sen. Cory Booker (D-NJ) lead a coalition of Democratic senators in reintroducing a bill aimed at…

Read More

Opinion: Cannabis Rescheduling Marks a Milestone in Medical Acceptance

By / May 1, 2024 /

The Drug Enforcement Administration’s (DEA) recent decision to reschedule cannabis from Schedule I to Schedule III marks a significant turning point in U.S. drug policy. This move holds immense implications…

Read More

California Proposes Legislation for Therapeutic Psychedelic Use

By / May 1, 2024 /

California is taking pioneering steps in the field of psychedelic-assisted therapy with proposed legislation aimed at establishing regulated centers for adult usage of substances like psilocybin, MDMA, and mescaline. The…

Read More

Progress on Paper: Assessing DEA’s Move Towards Justice

By / May 1, 2024 /

This week, the Drug Enforcement Administration (DEA) has reportedly called for cannabis to be reclassified from Schedule I to Schedule III of the US Controlled Substances Act. This was the…

Read More

Cookies Expands: Acquisition of Florida Licensed Cannabis Assets Announced

By / May 1, 2024 /

Cookies, renowned as the premier global cannabis brand, has unveiled its strategic move to acquire all operational cannabis assets associated with the production and sale of Cookies-branded cannabis products in…

Read More

Breaking News: DEA Proposes Landmark Cannabis Reclassification

By / May 1, 2024 /

The U.S. Drug Enforcement Administration (DEA) is poised to make a significant change in drug policy by moving to reclassify marijuana as a less dangerous substance, according to a report…

Read More

Elevating Expectations: Understanding the Effects of Cannabis Rescheduling on Cannabis Commerce

By / May 1, 2024 /

Key Insights and Implications of the DEA’s Monumental Decision After fifty years, the federal government finally acknowledged that marijuana has medical value and is not as dangerous as heroin. As…

Read More