Tag: Investing
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Connecticut’s social equity cannabis operators want flexibility to sell stakes
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 – …
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Report: New York investigating several brands for interstate cannabis trafficking
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, …
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New Mexico governor signs off on Medical Psilocybin Act
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 …