News

Cannabis License Pre-Approval Starts July 24 in Minnesota

Cannabis License Pre-Approval Starts July 24 in Minnesota

By / July 16, 2024 /

Minnesota Opens Cannabis Business License Pre-Approval Window for Social Equity Applicants The Minnesota Office of Cannabis Management (OCM) announced that the cannabis business license pre-approval window will open on July…

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Mr. Cannabis Law Rebrands to Embrace Broader Services

Mr. Cannabis Law Rebrands to Embrace Broader Services

By / July 16, 2024 /

Mr. Cannabis Law Rebrands to LumaLex Law, Expanding Expertise Beyond Cannabis and Psychedelics Mr. Cannabis Law is excited to announce its rebranding to LumaLex Law, a full-service law firm catering…

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$235M Boost for Ascend Wellness Future Growth

$235M Boost for Ascend Wellness Future Growth

By / July 16, 2024 /

Ascend Wellness Secures $235 Million in Private Placement to Enhance Financial Stability Ascend Wellness has announced the successful securing of commitments for a private placement of $235 million in 12.75%…

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New CA Law Aims to Reduce Cannabis Vape Waste

New CA Law Aims to Reduce Cannabis Vape Waste

By / July 16, 2024 /

New California Law Targets Safe Disposal of Cannabis Vape Devices A new law has just gone into effect in California, aimed at addressing the environmental and safety concerns associated with…

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State Parks Remove 3 Tons of Trash from Illegal Cannabis Sites

State Parks Remove 3 Tons of Trash from Illegal Cannabis Sites

By / July 16, 2024 /

California State Parks Remove Six Thousand Pounds of Trash from Illegal Cannabis Cultivation Sites California State Parks successfully removed approximately six thousand pounds of trash from four state parks as…

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New York Task Force Raids Nine Unlicensed Cannabis Shops in Rochester

State Crackdown: Nine Rochester Cannabis Shops Raided

By / July 16, 2024 /

New York Task Force Raids Nine Unlicensed Cannabis Shops in Rochester New York authorities raided and shut down nine businesses in Rochester last month as part of a new task…

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GOP Lawmakers Press DOJ to Reconsider Cannabis Policy

GOP Lawmakers Press DOJ to Reconsider Cannabis Policy

By / July 16, 2024 /

Republicans Oppose Biden Administration’s Cannabis Rescheduling Plan Republican lawmakers in Congress have voiced strong opposition to the Biden administration’s plan to reclassify marijuana under the Controlled Substances Act (CSA). Led…

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Cannabis Tied to Better Sex, Study Shows Dosage Key

Cannabis Tied to Better Sex, Study Shows Dosage Key

By / July 16, 2024 /

New Study Unravels the Complex Relationship Between Cannabis and Sexuality A recent scientific review of academic research published in the journal Psychopharmacology has shed light on the intricate relationship between…

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Missouri Moves $11M Cannabis Revenue to Fund Services

Missouri Moves $11M Cannabis Revenue to Fund Services

By / July 16, 2024 /

Missouri Transfers Nearly $11 Million from Cannabis Revenue to Support Veterans and Low-Income Missourians Missouri officials have transferred nearly $11 million in revenue from adult-use marijuana sales, directing the funds…

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Lawmakers Urge FDA to Approve MDMA Therapy for PTSD

Lawmakers Urge FDA to Approve MDMA Therapy for PTSD

By / July 16, 2024 /

Lawmakers Push for MDMA Approval to Combat PTSD, Highlight Veteran Suicide Crisis Bipartisan congressional lawmakers staged a poignant event at the U.S. Capitol on Wednesday, advocating for the approval of…

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Op-Ed: Legal Cannabis Presents Opportunities for Vegas Casinos

Op-Ed: Legal Cannabis Presents Opportunities for Vegas Casinos

By / July 16, 2024 /

Justice Department Moves to Reclassify Cannabis to Schedule III In a landmark move, the Justice Department has announced the reclassification of cannabis from Schedule I to Schedule III of the…

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Ascend Seeks Financial Flexibility with $235M Private Placement

Ascend Seeks Financial Flexibility with $235M Private Placement

By / July 15, 2024 /

Ascend Wellness Holdings Secures $235 Million in Private Placement to Enhance Financial Flexibility New York-based cannabis multistate operator Ascend Wellness Holdings has announced a significant financial milestone, securing commitments to…

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