Colorado cannabis sales in 2023 surpassed the $1.5 billion mark, the state Department of Revenue announced last week, down significantly from $1.7 billion in 2022 and a tumble of almost $700 million since 2021. In December, Colorado’s marijuana shops sold a combined $115.8 million worth of cannabis goods, bringing the …
A Colorado-based edible cannabis company filed a lawsuit against the state’s Marijuana Enforcement Division, alleging confusing and costly regulatory practices over the tracking of cannabis products. Lifestyle Foods Inc., which operates as Ripple, contends that despite recent regulatory changes, the state continues to enforce the use of specific radio frequency …
Dr. Sunil Aggarwal and the clinic he co-founded, Advanced Integrative Medical Science Institute, or AIMS is suing the Drug Enforcement Administration (DEA) for refusing to let him treat terminally ill patients with psilocybin. Dr. Aggarwal wanted to treat patients at the end of their lives under Washington state’s “Right-to-Try” law …
Toronto-based Red Light Holland (CSE: TRIP) (OTCQB: TRUFF) has entered into a consulting agreement with synthetic psychedelics drug maker PharmAla Biotech Holdings Inc. (CSE: MDMA), the company announced Thursday. The deal involves PharmAla Biotech providing consulting services to Red Light Holland to help reach regulatory compliance and Good Manufacturing Practice …