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Why Indiana is unlikely to vote to legalize Recreational Marijuana? Image Cannabis NewsNovember 9, 2023 Ohio voters' decision Tuesday to legalize recreational marijuana paves the way for its availability in three of the four states neighboring Indiana. Still, Hoosiers are not likely to see strides on marijuana legalization. Indiana Gov. Eric Holcom
Hemp Growers Sue Alaska Government Over Hemp Regulations Image Cannabis NewsNovember 9, 2023 The Alaska Industrial Hemp Association has filed a lawsuit against the state over its new regulations surrounding hemp products. In October 2023, Alaska approved new regulations governing the sale of intoxicating hemp products which came into effect on 3
Could Florida be next state to legalize Recreational Marijuana? Image Cannabis NewsNovember 9, 2023 Florida Supreme Court reviews proposal to put cannabis vote on 2024 ballot. Supporters and opponents of recreational marijuana in Florida converged on the state’s high court in Tallahassee on Wednesday, as the Florida Supreme Court reviewed a proposa
Cannabis CEO wants protection for Medical Patients Image Cannabis NewsNovember 8, 2023 Enrollment last month hit its lowest figure since March 2020. The ongoing decline of medical cannabis patients in New Mexico “can be attributed to high prices and a lack of available medicine, pushing patients out of the existing medical model into the illicit ma
When can I buy Marijuana in Ohio? What to know about new Recreational Law Image Cannabis NewsNovember 8, 2023 Issue 2 is an initiated statute, which means it will become part of state law in 30 days, but lawmakers have power to change it. Ohio just became the 24th state to legalize recreational marijuana. Issue 2, approved by Ohio voters on Tuesday
‘Help us, we are dying.’ New York’s Cannabis farmers are at their breaking point Image Cannabis NewsNovember 8, 2023 More than 30 small farmers responded to a series of questions about how the state’s slow rollout has affected their farm, their finances and their personal lives. The Cannabis Farmers Alliance, an industry group advocating for the ri
Voters deciding on Marijuana dispensaries in several Metro Detroit cities Image Cannabis NewsNovember 7, 2023 When Metro Detroiters head to the polls Tuesday, some will be deciding if marijuana dispensaries should be allowed in their city. Several cities have proposals to allow the addition of stores that sell marijuana. If approved, these business
New Wisconsin report shares Cannabis Revenue Estimates Image Cannabis NewsNovember 7, 2023 The report shows that cannabis tax revenue totals could reach $170,5 million by the third year. Following the introduction of Senate Bill 486, a cannabis legalization bill first introduced two months ago, the Wisconsin Department of Revenue released a fiscal
Feud over power at Colorado Cannabis farm heats up Image Cannabis NewsNovember 7, 2023 Area 420, one of the largest commercial pot operations in the country, is the backdrop for a legal showdown between its owner and an aspiring marijuana grower. An aspiring recreational marijuana grower who bought land at one of the largest commercial cannabis ope
Investors Show Bullish Sentiment on Cannabis Image Cannabis NewsNovember 7, 2023 ATB Capital Markets has released the results of its first Cannabis Sentiment Survey which reveals bullish sentiment from investors, but cautious capital allocation. The report revealed that investors are more bullish compared to six months ago, and that MSOs are expect
What would Recreational Marijuana legalization do for Pennsylvania tax revenue? Image Cannabis NewsNovember 6, 2023 Seven years after Pennsylvania legalized marijuana for medical use, lawmakers are debating whether to allow recreational use — and what that would look like. It has created quite a buzz in the evolving industry. “Pennsylvania has a lo
Ohio to vote on Marijuana Legalization with Potential $260M Economic Boost Image Cannabis NewsNovember 6, 2023 Ohio voters will once again have the chance to legalize adult-use marijuana eight years after a proposed constitutional amendment that would have made it legal was rejected. On Tuesday, November 7, there will be a vote on two ballot issues
Craft cannabis growers in Illinois try again to overcome industry opposition to expansion Image Cannabis NewsNovember 6, 2023 The day before Illinois’ spring legislative session ended, lawmakers were poised to pass a wide-ranging cannabis bill that was meant to save struggling small businesses. The measure had largely been agreed upon by stakeholde
Colorado Market Rebounding Somewhat but Contraction Isn't Over Image Cannabis NewsNovember 6, 2023 The Colorado market rebound is somewhat all over the map. A longtime Colorado cannabis distributor and deal broker who works with dozens of farms and brands said he expects the cultivation sector in the state to continue shrinking more than it already
New York raises concerns over illicit Cannabis Shops Image Cannabis NewsNovember 6, 2023 New York Office of Cannabis Management Cracks Down on Illicit Cannabis Shops and Supports Distressed Farmers. The New York State Office of Cannabis Management (OCM) took part in the first ever subcommittee hearing on cannabis where concerns were raised over the
High Tide Completes $8.9 Million Debt Restructuring Image Cannabis NewsNovember 3, 2023 High Tide Successfully Restructures $8,9 Million in Debt with Key Lender. High Tide has announced that it has successfully completed a restructuring of approximately $8.9 million of the company’s outstanding debt held by a key industry lender under a senior secu