At least some of Connecticut’s 38 social equity marijuana licenseholders are pushing state legislators to revise state law to allow them to cash out and walk away from the industry in three years instead of the original seven-year ownership requirement that was written into regulations. Several of the 38 – …
New York marijuana regulators are reportedly investigating six companies that may have taken part in illegal shipments of cannabis across state lines in violation of both federal and state law, according to The New York Times. The targets of the investigation, according to unnamed sources, include California-based Stiiizy and Turn, …
New Mexico Gov. Michelle Lujan Grisham signed the Medical Psilocybin Act, making it the third state in the country to legalize access to psilocybin. Green Market Report had previously written that S.B. 219, also known as the Medical Psilocybin Act, was approved with bipartisan veto-proof majorities in both chambers of the …
Tilray Brands (NASDAQ: TLRY) reported third-quarter fiscal 2025 financial results Tuesday showing reduced cannabis sales and lowered forecasts, triggering a swift investor reaction. Shares were down 6.56% to $0.54 in morning trading as investors responded to both the significant losses and downward revisions to future revenue projections. Cannabis sales declined …