Michigan’s marijuana shops sold just $265.5 million for the month of December, the latest in a multimonth decline for the longstanding Midwest cannabis market. The figure includes $264.6 million in recreational sales and another $815,759 in medical sales, according to statistics from the state Cannabis Regulatory Agency. The numbers are …
The retail operators are challenging the state’s Office of Cannabis Management for granting waivers they say violate the buffer between dispensaries. …
Tilray Brands Inc. (NASDAQ: TLRY) topped Wall Street’s revenue expectations Friday as the company continues beefing its beer business amid sluggish marijuana sales. The company’s fiscal second-quarter revenue rose 9% to $211 million for the quarter ended Nov. 30, eclipsing analysts’ average estimate of $207.8 million, according to financial data …
Those who consumed cannabis products while away from their jobs possessed no greater risk of occupational injury than those who did not consume cannabis at all. The post Analysis: Employees No More Likely To Consume […]
The Fourth Circuit Court of Appeals concluded that federal law does not preempt the state’s regulations, including a milligram cap on hemp products. …
Contrary to researchers’ hypothesis, subjects performed no differently following the inhalation of high-potency cannabis than they did while sober. The post Clinical Trial: Cannabis Smoking Doesn’t Interfere With Emotional Regulation appeared first on NORML.
Researchers concluded, “Vaporized CBD seems to be a safe substance for visual function and vision-dependent tasks such as driving.” The post Study: No Changes in Driving Performance Following Use of CBD appeared first on NORML.
Cannabis retailer Stiiizy said Wednesday that customer data was compromised at four Northern California locations after cybercriminals breached one of its point-of-sale vendors. The breach occurred between Oct. 10 and Nov. 10, 2024, exposing sensitive customer information including names, addresses, dates of birth and driver’s license numbers, according to the …
Rhode Island marijuana regulators on Wednesday released a new draft of rules for how they intend to go about expanding the recreational cannabis market, but they also made clear that the regulations have a ways to go before they’re finalized. At issue is exactly how the state Cannabis Control Commission …
As multiple wildfires rage across Southern California, cannabis dispensaries in the greater Los Angeles area are attempting to maintain operations while preparing for potential evacuations amid deteriorating conditions, sources told Green Market Report early Wednesday. Four major fires – the Palisades, Eaton, Hurst and Woodley fires – have burned more …
On the heels of a Food and Drug Administration (FDA) warning letter to the manufacturer of CBD-coated tampons marketed to relieve period pain, the company says it has pulled the products off the U.S. market. FDA had written to the company, Anne’s Daye, maker of Daye tampons, in mid-December, asserting that the “adulterated” tampons are
The Oneida Indian Nation’s seed-to-sale cannabis enterprise will open a new dispensary in Sherrill on January 16 and another in Chittenango on January 23 with plans to open two additional locations by the end of the year. …
New evidence prompted rescheduling advocates’ second effort to oust the DEA from the hearing; if relief is denied, they will seek the appeal. …
Ohio’s recreational marijuana market surpassed $242 million in sales through late December, rounding out a relatively strong debut for the Midwestern state’s adult-use program. Total recreational marijuana sales hit $242.2 million since the August launch, with consumers purchasing 32,487 pounds of cannabis flower and more than 4 million manufactured products, …
Charlene Briner, the Office of Cannabis Management’s interim director, is stepping down as adult-use regulations remain unfinalized. …
While Innovative Industrial Properties (NYSE: IIPR) had been managing to stay ahead of nonpaying tenants, the cannabis real estate investment trust (REIT) is now suffering along side the rest of the cannabis industry. The reason? One of its largest portfolio holdings has joined the nonpaying cohort. And now shareholders are …
The doctor in public health will testify as a proponent for reclassifying cannabis to a Schedule III drug under the Controlled Substances Act. …
Cannabis industry players are cranking up accusations that the Drug Enforcement Administration has engaged in improper behind-the-scenes communications and demonstrated deep-seated bias in its handling of marijuana rescheduling proceedings. Village Farms International (NASDAQ: VFF) and advocacy group Hemp for Victory filed a motion Monday with the DEA’s administrative law court …