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US Cannabis reforms could send pot stocks higher

US Cannabis reforms could send pot stocks higher

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Cannabis NewsOctober 12, 2023

Although cannabis remains illegal in the US federally, there are now 23 states where adult-use cannabis has been legalized. Ohio and Pennsylvania are the next states expected to allow adult-use cannabis, while Florida could do so in two to three years, one analyst says. Potential reforms to cannabis

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State approves seventh Maui medical Cannabis retail dispensary

State approves seventh Maui medical Cannabis retail dispensary

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Cannabis NewsOctober 11, 2023

Pono Life Maui received the green light from the state Department of Health to open its fourth medical cannabis retail dispensary. DOH issued a formal notice to proceed after the facility passed its final on-site inspection. The new retail site, located at 95 E Lipoa Street in Kihei, wasted no time

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Cannabis Act review finds companies struggling to profit

Cannabis Act review finds companies struggling to profit

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Cannabis NewsOctober 11, 2023

Federal Review Highlights Challenges in Legal Cannabis Industry Amid Regulatory Hurdles. A review of the federal legislation that paved the way for the legal recreational use and sale of cannabis says companies in the legal market report struggling to realize profits and maintain financial viability

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Albuquerque City Council considers new ways to use Cannabis tax revenue

Albuquerque City Council considers new ways to use Cannabis tax revenue

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Cannabis NewsOctober 11, 2023

Albuquerque City Council is considering a new way to use cannabis tax revenue. “We want to make sure those funds coming to the City of Albuquerque – that they’re appropriated correctly,” said Councilor Klarissa Peña. The councilor is sponsoring the bill which aims to create the Marijuana Equity and

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California Boosts social equity funding for Cannabis Businesses

California Boosts social equity funding for Cannabis Businesses

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Cannabis NewsOctober 11, 2023

California Announces $15 Million Cannabis Equity Grants Program to Promote Economic Justice. The Governor’s Office of Business and Economic Development (GO-Biz) has announced that $15 million will be available through its Cannabis Equity Grants Program for Local Jurisdictions for 2023 to 2024

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Farm bill debate includes hemp regulation as issue takes center stage in Missouri recall

Farm bill debate includes hemp regulation as issue takes center stage in Missouri recall

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Cannabis NewsOctober 11, 2023

Hemp industry leaders, state marijuana regulators and members of Congress all seem to agree the feds should regulate CBD. But the standoff is over intoxicating hemp products. Hemp is often known for being the part of the cannabis plant that doesn’t get people high. It’s full of CBD, a

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Farm bill debate includes hemp regulation as issue takes center stage in Missouri recall

Farm bill debate includes hemp regulation as issue takes center stage in Missouri recall

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Cannabis NewsOctober 11, 2023

Hemp industry leaders, state marijuana regulators and members of Congress all seem to agree the feds should regulate CBD. But the standoff is over intoxicating hemp products. Hemp is often known for being the part of the cannabis plant that doesn’t get people high. It’s full of CBD, a

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Could West Virginia schools start allowing Medical Marijuana?

Could West Virginia schools start allowing Medical Marijuana?

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Cannabis NewsOctober 11, 2023

The Ohio County Board of Education has just been briefed on a new state policy on how they should deal with medical marijuana in their schools. The guidelines for administering medical marijuana to students in West Virginia schools resemble the current policies for other prescription drugs, but it’s

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Court to allow Cannabis Commission to create new licensure rules

Court to allow Cannabis Commission to create new licensure rules

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Cannabis NewsOctober 11, 2023

The counsel for one awardee, Verano, argued that the commission does not have the authority to “claw back” licenses it has already awarded. The Alabama Medical Cannabis Commission has announced its intent to unveil a new plan for how to handle the issuance of licenses at ti Thursday meeting, and the

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Artificial Intelligence can tell if you’re stoned by reading your smartphone data

Artificial Intelligence can tell if you’re stoned by reading your smartphone data

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Cannabis NewsOctober 11, 2023

AI-Enhanced Smartphones: Predicting Cannabis Impairment with Remarkable Accuracy. The rapidly advancing world of artificial intelligence has garnered equal parts praise and fear from the world at large as we move toward the possibilities of a utopian Jetsons-esque society and/or a robot-induced

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Lawsuit could stop Marijuana tax stacking, making Cannabis cheaper

Lawsuit could stop Marijuana tax stacking, making Cannabis cheaper

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Cannabis NewsOctober 11, 2023

Marijuana prices in St. Louis County could soon be cheaper. That’s if a new lawsuit is successful. FOX 2’s partners at the St. Louis Post-Dispatch reported that a dispensary in Florissant is accusing St. Louis County and the Department of Revenue of unconstitutionally collecting a 3% sales tax on

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5 years of legal Cannabis: fewer charges, many hospitalizations and more than a few questions

5 years of legal Cannabis: fewer charges, many hospitalizations and more than a few questions

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Cannabis NewsOctober 10, 2023

As retailers made it easier to buy cannabis, hospitalization numbers ticked upward. When Canada legalized the use of cannabis in October 2018 after decades of prohibition, the goals were to improve safety and public health as well as to reduce access by youth, crime and the illegal market. Five

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Ohio Voters Will Decide on Legalizing Recreational Marijuana

Ohio Voters Will Decide on Legalizing Recreational Marijuana

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Cannabis NewsOctober 10, 2023

Voters will decide in the upcoming election whether to legalize recreational marijuana for use by those at least 21 years old in Ohio. The proposal would allow those adults to buy and possess 2.5 ounces of cannabis and 15 grams of concentrates. They also could grow up to six plants individually and

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Medical Marijuana helped with chemotherapy side effects

Medical Marijuana helped with chemotherapy side effects

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Cannabis NewsOctober 10, 2023

At 40, I had early menopause, Medical marijuana saved my sex life. When I was diagnosed with an aggressive form of breast cancer at 40, chemotherapy left me exhausted and nauseous all the time. Doctors wrote me a prescription for anti-nausea drugs, but they didn't help much. Even morphine didn't

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Michigan Governor to review Cannabis Regulatory Agency and Tribal Business Bills

Michigan Governor to review Cannabis Regulatory Agency and Tribal Business Bills

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Cannabis NewsOctober 10, 2023

Two bills would allow business between the Cannabis Regulatory Agency and local Native American tribes. Two cannabis bills were recently sent to the desk of Gov. Gretchen Whitmer, and if passed, would work in tandem to allow the Cannabis Regulatory Agency (CRA) to do business with local Native

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New York Judge approves two Cannabis Retailers to open

New York Judge approves two Cannabis Retailers to open

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Cannabis NewsOctober 10, 2023

Two cannabis business licensees were recently exempt from an ongoing injunction that prevents cannabis businesses from opening, but more are expected to be approved soon. A New York Judge recently issued a court order that allows just two cannabis retailers to open for business, while hundreds of

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Massachusetts’s Suspended Cannabis Chair Drops Lawsuit

Massachusetts’s Suspended Cannabis Chair Drops Lawsuit

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Cannabis NewsOctober 10, 2023

The former chair of Massachusetts Cannabis Control Commission (CCC), who was suspended last month, has now dropped her legal challenge after a hearing was granted. Last week, Business of Cannabis reported that Shannon O’Brien was ‘suspended with pay’ by state treasurer Deborah B. Goldberg in

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Massachusetts’s Suspended Cannabis Chair Drops Lawsuit

Massachusetts’s Suspended Cannabis Chair Drops Lawsuit

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Cannabis NewsOctober 10, 2023

The former chair of Massachusetts Cannabis Control Commission (CCC), who was suspended last month, has now dropped her legal challenge after a hearing was granted. Last week, Business of Cannabis reported that Shannon O’Brien was ‘suspended with pay’ by state treasurer Deborah B. Goldberg in

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Cannabis advocates push Governor for special Marijuana session

Cannabis advocates push Governor for special Marijuana session

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Cannabis NewsOctober 10, 2023

Companies that were issued licenses for medical marijuana are facing a legal battle that’s delaying the disbursement of medical cannabis in the state. The Alabama Medical Cannabis Coalition has heard the pleas from patients who suffer with pain. They’re asking the governor to call a special session

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WWE Star Matt Riddle launching his own Cannabis Strain

WWE Star Matt Riddle launching his own Cannabis Strain

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Cannabis NewsOctober 10, 2023

Matt Riddle is getting into the cannabis business, announcing his own marijuana strain. The WWE alumnus posted to his Instagram account last week announcing that Riddle OG is “coming soon.” Riddle made it clear in his Instagram Stories that it’s a cannabis strain. Riddle was released from WWE last

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