Three bipartisan U.S. lawmakers reintroduced the STATES Act to federally deschedule cannabis and end 85-plus years of prohibition. …
US House Members Introduce Bipartisan Bill to Lay Groundwork for Federal Cannabis Legalization
GOP Rep. Dave Joyce and Democratic Leader Hakeem Jeffries teamed up on the PREPARE Act to create a regulatory structure for cannabis. …
High Tide Opens Canna Cabana Store in Cochrane, Alberta
The company also provided an update on its German medical cannabis market entry. …
One of Las Vegas’ cannabis lounges closes its doors
Nevada’s cannabis lounge experiment faces some expected growing pains, with one of just two state-licensed venues closing its doors after barely a year in business, according to the Las Vegas Weekly. “The regulatory framework, compliance costs and product limitations just don’t support a sustainable business model,” said Thrive Cannabis managing …
Psyence Group consolidates its shares
Psyence Group Inc. (CSE: PSYG) told investors that it will be consolidating all of its issued and outstanding share capital on the basis of every 15 existing common shares into one new common share effective April 23, 2025 with a record date of April 23, 2025. As a result of …
Nebraska medical cannabis regulations stall in legislative committee
A Nebraska legislative committee voted 5-3 against advancing a bill designed to implement and regulate the state’s medical cannabis program, leaving legislators and advocates searching for alternative paths forward, according to the Nebraska Examiner. The General Affairs Committee rejected Legislative Bill 677, sponsored by State Sen. Ben Hansen of Blair, …
Regulatory chaos threatens US hemp industry
The U.S. hemp-derived cannabinoid market has swelled in total value, but the industry continues to face serious threats from a messy patchwork of state bans and regulations that are stunting growth and pushing production overseas, according to a leading cannabis economist. “All this hysteria over cannabinoids is having a profound …
Report: California regulators suspend cannabis lab’s business license for questionable test results
California marijuana testing facility BelCosta Labs in Long Beach lost its business permit for allegedly inflating THC potency results for clients and other infractions, MJBizDaily reported Thursday, citing an April 10 letter from state regulators to the lab which said its permit was suspended “effective immediately.” The California Department of …
Fluent posts $40M loss for 2024 despite New York entry, other expansion efforts
Florida-based Fluent Corp. (CSE: FNT.U) (OTCQB: CNTMF) posted a $40.3 million net loss for the 2024 calendar year against $103.5 million in net revenues, the company reported on Thursday after U.S. markets closed. The annual loss was up 78% year-over-year from the $22.7 million net loss reported in 2023, which …
STATES Act reintroduced in Congress with bipartisan support
A small bipartisan group of U.S. House of Representatives members on Thursday reintroduced the long-stalled STATES Act, a pro-marijuana bill that would both nullify the hated 280E tax provision for cannabis companies and also exempt states that have legalized marijuana from federal interference. The bill, this time called the STATES …
4Front Ventures delays annual filings, can’t pay auditors
4Front Ventures (CSE: FFNT) (OTCQB: FFNTF) said Wednesday it can’t meet its April 30 regulatory deadline to file its annual financial report because it can’t pay its auditors. The Phoenix-based company also applied for a management cease trade order that would temporarily restrict company leaders from trading its securities while …
Analysis: Cannabis Use Associated With Less Stress, Better Sleep Quality Among Military Veterans With PTSD
“While alcohol use appears to perpetuate a reinforcing cycle of stress and poor sleep, cannabis use may offer short-term stress relief and perceived sleep benefits,” investigators determined. The post Analysis: Cannabis Use Associated With Less […]
Clinical Trial: Orally Administered Delta-8 THC Possesses Similar But Milder Effects Than Delta-9 THC
Researchers concluded, “The findings from the present study underscore the importance of establishing regulatory frameworks that address safety, labeling, and consumer education related to delta-8 THC products.” The post Clinical Trial: Orally Administered Delta-8 THC […]
Study: CBD Reduces Chronic Pelvic Pain, Related Symptoms
Eighty-one percent of participants reported reduced pain following their use of CBD products. The post Study: CBD Reduces Chronic Pelvic Pain, Related Symptoms appeared first on NORML.
Florida: Appeals Court Throws Out Cannabis Conviction Because Canines Can’t Distinguish Between Hemp and Marijuana
“Legal hemp and illegal cannabis are indistinguishable by appearance, texture, and odor,” the court determined. The post Florida: Appeals Court Throws Out Cannabis Conviction Because Canines Can’t Distinguish Between Hemp and Marijuana appeared first on […]
Montana: Lawmakers Approve Bills Imposing New Restrictions on Cannabis Edibles, Zero-Tolerant Per Se Limits for Drivers Under 21
A third bill extending the moratorium on new marijuana business licenses was also approved by lawmakers. The post Montana: Lawmakers Approve Bills Imposing New Restrictions on Cannabis Edibles, Zero-Tolerant Per Se Limits for Drivers Under […]
LEEF Brands Begins Planting Salisbury Canyon Ranch, One of World’s Largest Cannabis Farms
The roughly 1,900-acre ranch in Santa Barbara County, Calif., includes 187 acres of licensed cannabis canopy. …
Safe Harbor Financial, FundCanna team up to tackle cannabis banking headaches
Safe Harbor Financial (Nasdaq: SHFS) and FundCanna are joining forces to help cannabis businesses break through persistent banking and money barriers, the companies announced Thursday. The new referral deal between Safe Harbor and fellow lender FundCanna creates a one-stop solution for marijuana operators who’ve been largely shut out of traditional …
Safe Harbor Financial, FundCanna Announce Strategic Partnership
The partnership will expand access to capital for cannabis operators through compliant funding, financial services and banking. …
Curaleaf Opens 66th Florida Medical Dispensary in Winter Park
The new retail facility in Central Florida is the cannabis company’s fifth store in the greater Orlando area. …