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Bill to regulate hemp products in Georgia awaits governor’s signature while some hope for veto

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April 23, 2024

[[{“value”:”
”}]] A bill regulating hemp products, licensing and restricting their purchase to customers 21 and older awaits its fate on Gov. Brian Kemp’s desk after state lawmakers successfully passed it during Read More

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PrairiesCan announces $5M for industrial hemp processing plant in Alta.

May 3, 2024

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NJ cannabis sales hit new high, with more legal dispensaries open
by New Jersey 101.5 on May 3, 2024
Legal cannabis sales were brisk in the first quarter of 2024, with 130 dispensaries now open for recreational sales in NJ.
Local cannabis dispensary says marijuana rescheduling is good for business
by KOBI-TV NBC5 / KOTI-TV NBC2 on May 3, 2024
MEDFORD, Ore. – A Medford cannabis dispensary owner says the rescheduling of marijuana would be great for his industry. As NBC5 News reported earlier this week, the Biden Administration plans to announce an interim rule reclassifying the drug from its current Schedule I to the much less stringent Schedule III. Since the enactment of the
Selling Over 1800 Expired Cannabis Products Cost This Arkansas Dispensary Its License, Owner Plans To Appeal
by Jelena Martinovic on May 3, 2024
An Arkansas medical dispensary lost its right to sell cannabis following the Alcoholic Beverage Control Division's decision to revoke its licenses.Hot Springs-based Green Springs Medical Marijuana Dispensary, owned by Dragan Vicentic, has allegedly been selling expired products."The revocation is the result of ongoing violations, most recently for selling more than 1,800 expired products," ABC's news release states. "ABC enforcement agents conducted an undercover purchase of expired products in October 2023 following a verbal warning regarding these products."
Purple Lotus cannabis dispensary draws customers to downtown San Jose
by George Avalos on May 3, 2024
A cannabis dispensary has opened its doors in downtown San Jose.
35 dispensaries seeking to open in New Buffalo Township at Indiana state line in cannabis gold rush, new high for Michigan
by nwitimes.com on May 3, 2024
Northwest Indiana may get a contact high from the 35 dispensaries seeking to open in New Buffalo Township just across the state line.
What marijuana reclassification means for the United States
by Associated Press,Jennifer Peltz, Lindsay Whitehurst on May 1, 2024
The proposal would move marijuana from the “Schedule I” group to the less tightly regulated “Schedule III."
Biden administration plans to reclassify marijuana. What does that mean for North Carolina?
by Taylor Shook on May 1, 2024
The Biden administration's historic move would reclassify marijuana, but what would that look like in NC, where lawmakers haven't legalized medical pot?
Marijuana could be reclassified in U.S. as less dangerous
by Josh Wingrove,Tiffany Kary,Riley Griffin on May 1, 2024
The rumored move would ease access to cannabis for patients and researchers studying its medical applications without decriminalizing it.
New era for pot regulation leaves old problem: Many cannabis companies can’t find a bank
by By MICHAEL R. BLOOD, Associated Press on May 1, 2024
LOS ANGELES (AP) — The Biden administration’s move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. But it m…
New era for pot regulation leaves old problem: Many cannabis companies can't find a bank
by MICHAEL R. BLOOD on May 1, 2024
The Biden administration’s move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy.
Reclassifying marijuana would be big for Illinois dispensaries
by Justin Kaufmann on April 30, 2024
The change could clear hurdles for the cannabis industry.
Cannabis business looking to open in Evergreen Park meets skeptical community
by Hank Sanders on April 30, 2024
Evergreen Park residents and trustees grilled The 1937 Group CEO and other officials, expressing frustration over the marijuana dispensary’s incorrect figures, unclear financial projections a…
Cannabis stocks surge as Biden administration moves to reclassify marijuana
by Darla Mercado, CFP® on April 30, 2024
Stocks linked to cannabis surged on an otherwise down day for the market.
History: DEA agrees to move marijuana to Schedule III
by Leafly on April 30, 2024
The federal war on marijuana has entered the end game. Read the details of the breaking news to re-classify cannabis.
US poised to ease restrictions on marijuana in historic shift, but it'll remain controlled substance
by ZEKE MILLER,JOSHUA GOODMAN,JIM MUSTIAN,LINDSAY WHITEHURST on April 30, 2024
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
Proposed 'farm-to-table' marijuana dispensary in Somerville clears first hurdle
by Mike Deak on April 29, 2024
The dispensary would be open 10 a.m. to 10 p.m. Monday through Saturday and noon to 6 p.m. on Sundays.
Ravenna weighs 1-year moratorium on new cannabis dispensaries
by Diane Smith on April 27, 2024
City officials say delay would help officials create rules, determine traffic patterns.
Cannabis in Cherokee: D.A. Ben David explains what this means in other parts of the state
by WWAYTV3 on April 26, 2024
April 20 marked a historic day in North Carolina with the first medical marijuana dispensary opening on tribal land in the mountains.
Understanding and Choosing the Right THC Content at Ashby, MA Dispensaries
by Eye On Annapolis on April 26, 2024
The cannabis industry has seen major changes with the legalization of marijuana for medical and recreational use in various places, including Massachusetts. As the industry grows, cannabis products…
Ohio’s medical marijuana dispensaries prep for adult-use green light - Cannabis Business Executive - Cannabis and Marijuana industry news
by Cannabis Business Executive - Cannabis and Marijuana industry news on April 26, 2024
Ohioans will likely be able to buy recreational marijuana as soon as mid-June, earlier than the timeline outlined by the initiated statute they voted to pass last fall, and existing…

Canopy Growth lands $50M financing, restructures debt
by Adam Jackson on May 3, 2024 at 6:27 pm
Canopy will use the net proceeds for working capital and general purposes. The post Canopy Growth lands $50M financing, restructures debt appeared first on Green Market Report.
Village Farms searches for green gold with landfill emissions
by Adam Jackson on May 3, 2024 at 5:58 pm
The company has creatively deepened its decades-long relationship with a local landfill. The post Village Farms searches for green gold with landfill emissions appeared first on Green Market Report.
GH Research advances depression therapies, burns cash
by Adam Jackson on May 3, 2024 at 12:43 pm
However, the firm expects its cash runway to extend into 2026. The post GH Research advances depression therapies, burns cash appeared first on Green Market Report.
California City in Cannabis Retail Desert Welcomes 1st Dispensary
on May 3, 2024 at 9:59 am
Embarc opened the first cannabis store in Madera, located in the state’s Central Valley just outside Fresno.
Report: Cannabis business licensing continues slowdown
by Adam Jackson on May 3, 2024 at 4:11 am
Several major state markets led the nationwide slowdown in licensing activity in early 2024. The post Report: Cannabis business licensing continues slowdown appeared first on Green Market Report.
The Daily Hit: May 2, 2024
by Staff on May 2, 2024 at 10:24 pm
News from: SNDL, US Farm Bill, Arkansas, Turning Point Brands, and more. The post The Daily Hit: May 2, 2024 appeared first on Green Market Report.
Arkansas regulators revoke a medical marijuana business license for first time
by John Schroyer on May 2, 2024 at 10:01 pm
Green Springs has been cited for various violations, including failure to certify scales, improper signage, and selling expired products, among others. The post Arkansas regulators revoke a medical marijuana business license for first time appeared first on Green Market Report.
What marijuana reclassification could mean for health treatments
by Staff on May 2, 2024 at 7:48 pm
Many questions remain as to how marijuana would be used and what coverage and payment for such treatments would look like. The post What marijuana reclassification could mean for health treatments appeared first on Green Market Report.
SNDL pushes ahead with Parallel, Skymint buys despite litigation
by Adam Jackson on May 2, 2024 at 3:10 pm
SNDL's lending partner SunStream has been accused of improperly taking over companies' assets. The post SNDL pushes ahead with Parallel, Skymint buys despite litigation appeared first on Green Market Report.
Psyched Wellness reports slightly increased revenue
by Debra Borchardt on May 2, 2024 at 2:44 pm
The company says it has enough cash for at least the next 12 months. The post Psyched Wellness reports slightly increased revenue appeared first on Green Market Report.
Cookies Intends to Acquire Cookies-Related Cannabis Assets in Florida
on May 2, 2024 at 1:26 pm
The move represents an important step in executing the company’s corporate strategy through centralized command and control of Cookies’ supply chain.
Turning Point stays confident on outlook despite $368 million debt load
by Adam Jackson on May 2, 2024 at 1:12 pm
Zig-Zag and Stoker's growth offset the distribution unit's 45% sales plunge. The post Turning Point stays confident on outlook despite $368 million debt load appeared first on Green Market Report.
US Senate Democrats Forgo Addressing Intoxicating Hemp in 2024 Farm Bill Summary
on May 2, 2024 at 12:44 pm
Agriculture Committee leaders released framework for the bill’s reauthorization, which would reduce barriers for industrial hemp farmers.
Verano Opens 3rd Connecticut Social Equity Joint Venture Dispensary
on May 2, 2024 at 9:14 am
The Zen Leaf store in Naugatuck is the company’s fifth retail location in the state.
SunStream USA Poised to Acquire Cannabis Assets
on May 2, 2024 at 8:58 am
SNDL, through its joint venture in SunStream Bancorp Inc., today announced the SunStream USA group of companies (collectively, "SunStream USA Group") intends to proceed with the acquisition of equity positions in U.S. cannabis assets, resulting in majority equity positions in select assets of Surterra Holdings, Inc. (d/b/a Parallel) and Greenpeak Industries Inc. (d/b/a Skymint).
Former Deputy Attorney General James Cole Weighs in on Cannabis Rescheduling and What’s Next
on May 1, 2024 at 3:00 pm
Cole spoke on a media call organized by industry groups and said Congress must ‘act to create a unified regulatory environment that involves both the states and the federal government.’
Senate Democrats Introduce Bill to Federally Legalize Cannabis
on May 1, 2024 at 1:33 pm
The Cannabis Administration and Opportunity Act aims to deschedule marijuana by removing it from the Controlled Substances Act.
Cannabis Rescheduling Reactions Mixed: While Some Applaud Potential, Others Push For More
on May 1, 2024 at 10:00 am
Executives, lawmakers and nonprofit leaders weigh in on the significance and shortcomings of the DEA's move to reclassify cannabis as a less dangerous substance.
UPDATE: DEA Moves to Reschedule Cannabis
on April 30, 2024 at 1:45 pm
The federal agency that has long enforced prohibition aligns with the recommendation from the U.S. Department of Health and Human Services, FDA to reclassify cannabis as a Schedule III substance under the Controlled Substances Act.
AYR Wellness and Lake Erie College of Osteopathic Medicine Partner on Medical Research Studying ‘Quality of Life’ Benefits of Medical Cannabis
on April 30, 2024 at 11:25 am
The organizations published the results of the first of five studies and co-hosted a Pennsylvania Medical Marijuana Program Research Summit.
California Governor Directs State Departments to Issue Notices on ‘Illegal Hemp Products’
on April 29, 2024 at 11:44 am
Gov. Gavin Newsom called on the Public Health and Alcoholic Beverage Control departments to take action to help protect the state’s youth.
Cannabis Rescheduling Update: Is a ‘Notoriously Secretive Agency’ Now Involved?
on April 29, 2024 at 11:00 am
A report that HHS requested an opinion from the Department of Justices’ Office of Legal Counsel raises new questions and concerns. Attorney Shane Pennington explains why that request and the outcome would be crucial to the schedule review process and the industry’s future.
Philips GreenPower LED Toplighting Compact Boosts Winter Cannabis Production at Glass House Farms
on April 29, 2024 at 10:14 am
LED top lights help Glass House achieve steady light levels year-round.
MedMen CFO, Directors Resign as Company Enters Bankruptcy Proceedings; Delisting Expected
on April 29, 2024 at 9:10 am
The cannabis company, which has subsidiaries across the U.S., announced its assignment into bankruptcy pursuant to Canada’s Bankruptcy and Insolvency Act.
Planet 13 Receives Approval to Sell Florida License, Acquire VidaCann for $49 Million
on April 29, 2024 at 7:59 am
The company’s sale of its Florida license is a closing condition of the acquisition agreement with VidaCann, which also owns a Florida license.

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What would reclassifying cannabis mean for Maryland?
by CBS Baltimore on May 4, 2024
Criminal Defense Attys Push Biden For Cannabis Clemency
by law360 on May 4, 2024
On the heels of the U.S. Department of Justice's announcement that it would recommend relaxing federal restrictions on marijuana, the National Association of Criminal Defense Lawyers has urged President Joe Biden to grant clemency and compassionate release to those with federal nonviolent marijuana convictions.
Up in smoke: farmers frustrated with cannabis legislation
by ABC 6 News - kaaltv.com on May 4, 2024
Nearly 80 cannabis growers are pleading lawmakers to let them grow the plant before it becomes legal to sell.
Reclassification of marijuana unlikely to end cannabis seizures near border
by Santa Fe New Mexican on May 4, 2024
The Drug Policy Alliance says the shift shows the federal government is recognizing for the first time that marijuana has medical value.
Cannabis cultivation update passes Senate
by FOX 9 Minneapolis-St. Paul on May 3, 2024
An update to the laws surrounding retail recreational Marijuana that would allow growers to start early in order to have product ready has passed the Minnesota Senate.
Joe Biden, Pot President?
by Jess Bidgood on May 3, 2024
The president’s allies say the Justice Department’s chill take on marijuana has a political upside.
Democrats hope new cannabis policy will draw in young voters
by Fox Business on May 3, 2024
Fox News senior congressional correspondent Chad Pergram has the latest on easing marijuana restrictions on 'The Evening Edit.'
Pritzker issues additional adult use cannabis dispensary licenses
by WREX on May 3, 2024
An additional 35 Illinois adult cannabis use dispensaries received conditional licenses for Governor JB Pritzker.

Bill to regulate hemp products in Georgia awaits governor’s signature while some hope for veto

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