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Verano Holdings Files Lawsuit Against Alabama Medical Cannabis Commission

LOS ANGELES — Verano Holdings, a Chicago-based cannabis operator, has filed a lawsuit against the Alabama Medical Cannabis Commission (AMCC) following the revocation of a business license that was initially granted to the company. This move comes less than two weeks after the controversial decision by the agency. Verano's legal action marks the second such ...

August 24th, 2023|

Quebec’s Cannabis Retail Landscape: The Struggles and Future Possibilities

TORONTO — While corner shops selling recreational cannabis have become a familiar sight in most major Canadian cities since its legalization five years ago, the landscape appears significantly different in Quebec. Toronto, Canada’s largest city, boasts over 400 licensed cannabis retail outlets spanning its six boroughs. In stark contrast, Montreal — the nation's second-largest city ...

August 22nd, 2023|

New Mexico Appoints Colorado Cannabis Expert to Lead Regulatory Division

LOS ANGELES—In a move reflecting the growing significance of the cannabis industry in the Southwest, New Mexico's Cannabis Control Division has named Todd Stevens, a seasoned professional from Colorado's expansive cannabis market, as its next director. Stevens, who recently held the position of manager of training and development at Native Roots Cannabis Co., one of ...

August 21st, 2023|

US Cannabis Operator Tilt Holdings Delists Social Equity Brands

NEW YORK- Black Buddha Cannabis, a brand founded by Roz McCarthy, who also serves as the CEO of Minorities for Medical Marijuana Inc., has unexpectedly found itself severed from its partnership with Tilt Holdings (NEO: TILT) (OTCMKTS: TLLTF) a notable player in the cannabis industry. This move comes as part of Tilt's reassessment of its ...

August 20th, 2023|

Alabama Medical Cannabis Commission Revamps Licensing, Leaving Verano Holdings Out

LOS ANGELES-- The Alabama Medical Cannabis Commission has overhauled its initial round of business licensing, with some of the original winners, including Verano Holdings Inc., ending up on the losing side. The reshuffling has led to confusion and frustration, with Verano declaring its intent to pursue legal remedies. The Licensing Reshuffle In June, Verano Holdings, ...

August 13th, 2023|

Alabama Medical Cannabis Commission to Reevaluate Licensing Process Amidst Lawsuits

LOS ANGELES— In a move that could reshape the landscape of Alabama's burgeoning cannabis industry, the Alabama Medical Cannabis Commission (AMCC) indicated in a Monday court filing its intention to nullify the licenses it awarded earlier this month. The decision comes amidst claims of violating Alabama's Open Meetings Act during the August 10th proceedings. This ...

August 22nd, 2023|

Montana Cannabis Ownership Law Faces Legal Challenge over Residency Requirements

LOS ANGELES-- A father-and-son investor duo are the latest to challenge state residency requirements for cannabis business ownership, a contentious issue facing multiple states. Two out-of-state investors, Tom and Jerry Reed, have filed lawsuits in Montana aiming to overturn the state's residency requirement for owners of cannabis businesses. The suit is part of a broader ...

August 10th, 2023|

Arkansas Hemp-Derived THC Ban Faces Legal Challenges

LOS ANGELES- Several Arkansas businesses have initiated a legal battle against the state's recent ban on hemp-derived THC products, which took effect on August 1. The plaintiffs, including four local companies, assert that the prohibition infringes upon the federal Farm Bill of 2018 and interferes with interstate commerce protections. The ban encompasses various forms of ...

August 10th, 2023|

Canadian Cannabis Wholesaler Urges Government to Reconsider THC Limits and Environmental Impact

TORONTO — The Ontario Cannabis Store (OCS), Canada's largest adult-use wholesaler, has issued a position paper to Health Canada, urging the agency to reconsider the current THC limit governing cannabis edibles and to address the industry's environmental impact, particularly concerning packaging and single-use plastics. THC Limit Controversy The current cap on THC in cannabis edibles ...

August 8th, 2023|

Former Adelanto Mayor Sentenced to 14 Months in Prison Over Bribes from Cannabis Interests

LOS ANGELES-- Adelanto, California's former mayor, Richard Kerr, 66, was sentenced to 14 months in federal prison on Friday for accepting over $57,000 in bribes and kickbacks in exchange for approving ordinances and permits for cannabis-related businesses. The decision was handed down by U.S. District Judge John W. Holcomb, who considered Kerr's age, health, service ...

August 7th, 2023|

Disabled Veterans Sue NY Cannabis Regulators Over Licensing System

NEW YORK-- A group of disabled military veterans has lodged a lawsuit in New York against cannabis regulators, claiming that their licensing system for certain social equity applicants breaches the state constitution. The lawsuit, filed in the state Supreme Court in Albany, contends that the Office of Cannabis Management exceeded its authority under the Marijuana ...

August 6th, 2023|

Cannabis Research Firm MMJ International Holdings Prepares Lawsuit Against DEA for Alleged Violations of Federal Law

LOS ANGELES--  MMJ International Holdings Corp, a cannabis research company, is gearing up to file a lawsuit against the Drug Enforcement Administration (DEA), accusing the agency of failing to adhere to federal law regarding the cultivation of pharmaceutical cannabis for research purposes. The impending legal action comes after MMJ's application to grow pharmaceutical cannabis to ...

August 6th, 2023|

FDA Issues First Ever Guidance for Research of Psychedelics

NEW YORK-In a noteworthy stride toward potential shifts in medical practices, the Food & Drug Administration (FDA) has introduced a draft guidance that could pave the way for researchers to explore the use of psychedelics in addressing serious medical conditions such as major depressive disorder, PTSD, and substance use disorders. This novel move marks the ...

August 6th, 2023|

Oklahoma Supreme Court Hears Arguments on Cannabis Business Fee Increase

LOS ANGELES— The Oklahoma Supreme Court recently heard arguments in a lawsuit filed by a coalition of cannabis companies challenging a large business fee increase that took effect in June. The companies argue that the fee increase, authorized by House Bill 2179 and approved by the Oklahoma Legislature last year, is equivalent to a tax ...

August 3rd, 2023|

U.S. Department of Veterans Affairs Reaffirms Prohibition on Medical Cannabis Recommendations to Veterans

LOS ANGELES— The U.S. Department of Veterans Affairs (VA) has recently issued an updated directive reiterating its doctors' prohibition from issuing medical cannabis recommendations to military veterans. The revised Veterans Health Administration (VHA) guidance aligns closely with a previous version from 2017, which was updated at the end of 2022 to encourage VA doctors to ...

August 3rd, 2023|

New York Officials Shut Down Unlicensed Cannabis Shops in Western Counties

NEW YORK-- New York state authorities carried out a crackdown on what they deemed as seven unlicensed cannabis dispensaries in the western region on Monday. The establishments, known as the "I'm Stuck" shops, located in Cayuga, Oswego, and Wayne counties, were accused of operating without proper approval, selling cannabis products to minors, and organizing controversial ...

August 2nd, 2023|

Illinois Enacts Law to Support Smooth Reintegration of Formerly Incarcerated Individuals

LOS ANGELES--Illinois has taken a significant step towards facilitating the reintegration of individuals who have been released from prison into society. Senate Bill 423, signed into law by Governor J.B. Pritzker (D) on Friday, aims to lower the possibility of recidivism and enhance public safety by supporting the successful reentry of former inmates into their ...

August 1st, 2023|

Senator John Hickenlooper Refiles Bill to Lay Groundwork for Federal Cannabis Legalization

WASHINGTON — Senator John Hickenlooper (D-CO) has reintroduced a bill that seeks to pave the way for federal marijuana legalization. Titled the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment Act (PREPARE) Act, the legislation, unveiled on Thursday, proposes the establishment of a commission by the attorney general to provide recommendations on a regulatory ...

August 1st, 2023|

Minnesota’s Cannabis Legalization Takes Effect, Allowing Possession and Cultivation for Adults 21 and Older

MINNEAPOLIS — On Tuesday, Minnesota officially enacted its cannabis legalization law, granting adults aged 21 and older the right to possess and grow cannabis for personal use. This legalization, passed by lawmakers earlier this year and signed into law by Governor Tim Walz in May, marks a significant milestone in the state's approach to marijuana ...

August 1st, 2023|

New Legislation Marks a Milestone in Cannabis Legalization in Minnesota

NEW YORK- On Tuesday, August 1st, a groundbreaking legislation allowing adults to possess and home-cultivate personal-use quantities of cannabis took effect in Minnesota. The move makes Minnesota the 23rd state to legalize and regulate the adult-use marijuana market, signifying a significant shift in the state's approach to cannabis. As of the effective date, individuals aged ...

July 31st, 2023|

ACLU Backs Citizens’ Initiative for Recreational Cannabis in Florida, Challenges Supreme Court Review

LOS ANGELES-- The American Civil Liberties Union of Florida (ACLU) has thrown its support behind a citizens' initiative seeking to legalize recreational cannabis in the state. In a recent brief filed on Monday, the ACLU also criticized the Florida Supreme Court's handling of proposed amendments and claimed that the court is not fulfilling its duty ...

July 27th, 2023|

Arkansas Bans THC Products Derived from Hemp Ahead of Projected $300 Million Medical Cannabis Sales

LOS ANGELES-- Effective August 1, a new law in Arkansas will prohibit the sale of THC products derived from hemp, as reported by 40/29 News. This measure comes amid the state's projected record-breaking medical cannabis sales, anticipated to reach $300 million this year. The banned products include hemp-derived delta-9 THC, delta-8 THC, and delta-10 THC, ...

July 25th, 2023|

New Mexico Regulator Revokes Cannabis Retailer’s License for Out-of-State Sales

ALBUQUERQUE, In a groundbreaking move, the New Mexico Regulation and Licensing Department took decisive action last week by revoking the license of Paradise Distro LLC, a cannabis retailer based in Albuquerque. The license was rescinded due to the company's sale of cannabis products originating from California, in violation of state regulations. This marks the first ...

July 19th, 2023|

Canopy Growth Plans Share Consolidation Amid Nasdaq Listing Noncompliance

LOS ANGELES-- Canadian cannabis producer Canopy Growth has revealed its intention to seek approval for the consolidation of its shares after receiving a notification from the Nasdaq indicating its failure to meet the stock exchange's listing standards. Among the requirements set by Nasdaq is the maintenance of a minimum bid price of at least $1 ...

July 19th, 2023|

Cannabis Industry Seeks Relief from Unfair Tax Burden of 280E

In a nod to the historic Boston Tea Party of 1773, cannabis company MariMed recently held the 'Boston 280E THC Party' in Boston Harbor, a unique event designed to protest Tax Code 280E. CEO and President Jon Levine, donning colonial attire alongside other MariMed team members, symbolically threw cargo boxes labeled "WEED" overboard as a ...

July 17th, 2023|
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