Florida Gov. Ron DeSantis reportedly plans to veto a bill that would ban consumable hemp-derived products, such as delta-8 THC, according to sources close to the governor who spoke to CBS News Miami. Such a move could bolster the state’s hemp industry while simultaneously undermining a marijuana legalization initiative set …

Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) reported stronger sales and a smaller loss for the first quarter ending March 31, as the multistate cannabis company benefited from continued growth in Florida’s medical marijuana market. The Miami-based company booked revenue of $25.2 million for the period, up 14% from a year …

Florida-based Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) and New York-based RIV Capital (CSE: RIV) (OTC: CNPOF) will merge forces into a single new cannabis company, with the blessing of RIV stakeholder Scotts Miracle-Gro (NYSE: SMG), the trio of companies announced Thursday. Once the deal closes, the newly formed multistate operator …

Currently, tribes are operating businesses in nine states: California, Michigan, Minnesota, Nevada, New Mexico, New York, North Carolina, South Dakota, and Washington. The post Analysis: Growing Number of Native American Tribes Engaging in Cannabis Sales […]