Earlier this week, new emergency rules went into effect in California that effectively banned a slew of consumable hemp-based goods. A lawsuit from prominent industry players quickly followed. But they’re far from the only ones speaking out against new limitations on products that many contend were legalized by the 2018 …
The Daily Hit is a recap of the top financial news stories for Wednesday, September 25, 2024. On the Site Weedmaps to pay SEC $1.5 million for ‘misleading’ statements on user numbers The SEC charged that Weedmaps executives padded the user stats to bolster its apparent performance to investors. Read …
The federal Occupational Safety and Health Administration (OSHA) made a formal offer to Colorado marijuana companies for free-of-charge consulting services, including site inspections, to ensure that the businesses are free of potentially costly violations. According to Marijuana Moment, the federal agency recently sent a letter to Colorado cannabis businesses offering …
Members of Congress are looking to weigh in on the establishment of national standards for hemp products that have been grabbing national headlines lately. The Cannabinoid Safety and Regulation Act, introduced Wednesday by Sen. Ron Wyden, a Democrat from Oregon, would create a comprehensive regulatory framework for hemp-derived cannabinoid products …