On April 11, the U.S. Food and Drug Administration Commissioner Robert Califf testified to the House of Representatives Committee on Oversight and Accountability, causing many in the industry to speculate when and if the Drug and Enforcement Administration (DEA) will change the scheduling for cannabis. The most critical statement in …
New York cannabis regulators award more permits, get earful from unhappy licensees
New York cannabis regulators further expanded the state’s legal market on Thursday with the approval of another 101 marijuana operate, but the board also got an earful from financially troubled retail permit holders who said they may go bankrupt while awaiting the green light to open for business. The state’s …
Alabama Senate moves to restart medical cannabis licensing
An Alabama Senate committee on Wednesday approved a pair of bills designed to revive the state’s stalled medical cannabis licensing process. The Senate Agriculture, Conservation, and Forestry committee gave the green light to SB 306, which would restart the licensing process and potentially strip some powers from the Alabama Medical …
Village Farms extends cannabis share in Canada, announces natural gas venture
Village Farms International Inc. (NASDAQ: VFF) is looking to boost its cash flow and profitability by launching a renewable natural gas facility in British Columbia. The grower of cannabis and vegetables also regained compliance with Nasdaq’s minimum closing bid price of $1 per share and celebrated its cannabis product dominance …