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Cannabis stocks outperform as pressure mounts on DEA to reschedule marijuana

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April 25, 2024

Cannabis stocks have outperformed the market as the DEA faces pressure to reschedule marijuana. Read more here. Cannabis stocks have outperformed the market as the DEA faces pressure to reschedule marijuana. Read more here. Read More

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Scientists welcome new rules on marijuana, but research will still face obstacles – Cannabis Business Executive – Cannabis and Marijuana industry news

May 6, 2024

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Growth of recreational cannabis market slowed in first quarter of 2024

May 6, 2024

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Rob Pero Talks Indigenous Cannabis Business Opportunities

May 6, 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.
Arkansas revokes medical cannabis dispensary license for first time
by Kate Robertson on May 3, 2024
The Arkansas Alcoholic Beverage Control Division has revoked a medical cannabis dispensary license for the first time.
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."
7 Best Marijuana Stocks to Buy in 2024
by Matt Whittaker,Rachel McVearry on May 3, 2024
The state-legal cannabis industry welcomed news this week that the U.S. Drug Enforcement Administration plans to reschedule marijuana as a less-dangerous drug. If that does indeed happen, the move would open up lucrative tax deductions and credits enjoyed by federally legal businesses. But ...
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.
Arkansas ABC revokes Hot Springs medical marijuana dispensary's license
by Arkansas Advocate on May 2, 2024
The dispensary owner said he will appeal the revocation to the ABC board. The appeal will allow business to continue until the matter is resolved.
The DEA Plans to Reschedule Marijuana: What Happens Next?
by Kelli Whitlock Burton on May 2, 2024
The DEA's plan to reschedule marijuana from a Schedule I controlled substance to Schedule III was expected. But what does it mean for clinicians and patients?
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 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.
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…
Chicago dispensary operators are pleased about plan to reclassify marijuana, but not everyone is
by Charlie De Mar on May 1, 2024
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 Justice Department Takes Step to Make Marijuana Use a Less Serious Crime
by Reuters on April 30, 2024
By Jeff Mason, Pratik Jain and Sarah N. Lynch WASHINGTON (Reuters) - The U.S. Justice Department on Tuesday moved to make marijuana use a less serious federal crime, taking a step to remove the drug from a category that includes heroin in a shift that could shake up cannabis policy nationwide. Shares ...
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.

High Times assets to be sold to the highest bidders
by Debra Borchardt on May 6, 2024 at 12:30 pm
If the assets do not receive acceptable offers by May 17, they will be placed on the auction block and sold to the highest bidder. The post High Times assets to be sold to the highest bidders appeared first on Green Market Report.
Psychedelic Pioneer Peggy Mellon Hitchcock Dies at 90
by Benjamin M. Adams on May 6, 2024 at 10:00 am
Margaret “Peggy” Mellon Hitchcock, a rich heiress who funded Timothy Leary and Ram Dass, and partied with the Merry Pranksters, recently passed away. The post Psychedelic Pioneer Peggy Mellon Hitchcock Dies at 90 first appeared on High Times.
Alaska House Approves Bill To Establish Task Force To Investigate Psychedelic Therapy
by Nicole Potter on May 6, 2024 at 10:00 am
If passed, it would require that a task force have until January 2025 to explore the best course of action for psychedelic-assisted therapy regulation and licenses. The post Alaska House Approves Bill To Establish Task Force To Investigate Psychedelic Therapy first appeared on High Times.
Study Finds Medical Cannabis Provides Lasting Benefits for Osteoarthritis Patients
by A.J. Herrington on May 6, 2024 at 10:00 am
Patients with osteoarthritis reported a reduction in pain associated with the disease when using medical cannabis, according to the results of a recently published study by British researchers. The post Study Finds Medical Cannabis Provides Lasting Benefits for Osteoarthritis Patients first appeared on High Times.
Study: ADHD Patient MMJ Use Leads to Improvements in Anxiety, Sleep, Quality of Life
by Keegan Williams on May 6, 2024 at 10:00 am
In addition to its many medicinal uses, a new study provides further evidence that cannabis could prove useful in easing anxiety, enhancing sleep quality, and improving overall quality of life in ADHD patients. The post Study: ADHD Patient MMJ Use Leads to Improvements in Anxiety, Sleep, Quality of Life first appeared on High Times.
Enemies of Weed Legalization Are Already Raising Money To Challenge Federal Rescheduling Effort
by Sophie Saint Thomas on May 6, 2024 at 10:00 am
Will you donate $5,000 to sue the government over cannabis reform, please? The post Enemies of Weed Legalization Are Already Raising Money To Challenge Federal Rescheduling Effort first appeared on High Times.
From Custodian to Cultivation Supervisor
on May 6, 2024 at 6:00 am
How Vera Diaz overcame an unstable childhood in the foster care system and worked her way up from a janitorial position at Root & Bloom to being a key member of the company’s cultivation team.
Top public cannabis companies lost more than $2B in 2023 despite nearly $9B in revenue
by John Schroyer on May 6, 2024 at 4:30 am
The only company that posted a profit in 2023 was Chicago-based Green Thumb Industries. The post Top public cannabis companies lost more than $2B in 2023 despite nearly $9B in revenue appeared first on Green Market Report.
Where the Sherbwalk Ends
by Benjamin M. Adams on May 5, 2024 at 10:00 am
A Rhode Island-based cultivator riffs on a classic. The post Where the Sherbwalk Ends first appeared on High Times.
Is Hop Latent Viroid Everywhere?
by Jimi Devine on May 4, 2024 at 10:00 am
We examine whether smaller, isolated grows might be safer when it comes to spreading disease. The post Is Hop Latent Viroid Everywhere? first appeared on High Times.
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.
Connecticut House Approves Bill Regulating Hemp Products
by A.J. Herrington on May 3, 2024 at 10:00 am
Connecticut lawmakers have passed legislation to regulate hemp products, including a provision that sets a minimum age of 21 to purchase high-THC products. The post Connecticut House Approves Bill Regulating Hemp Products first appeared on High Times.
Survey: High-THC Flower Yields Few Serious Side Effects in Patients
by Thomas Edward on May 3, 2024 at 10:00 am
Medical cannabis patients who were administered high-THC marijuana flower found the experience to be both safe and effective, according to newly published survey data. The post Survey: High-THC Flower Yields Few Serious Side Effects in Patients first appeared on High Times.
Clinical Trial To Assess LSD Microdosing For PMS
by Thomas Edward on May 3, 2024 at 10:00 am
An Australian biopharma company said Thursday that it has received approval to begin a series of clinical trials for its LSD microdosing drug designed as an aid to women’s health. The post Clinical Trial To Assess LSD Microdosing For PMS first appeared on High Times.
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.
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.
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.

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Enrollment in New Mexico’s medical cannabis program declining
by Curtis Segarra on May 6, 2024
ALBUQUERQUE, N.M. (KRQE) – While New Mexico’s recreational cannabis sales boom, the state’s medical cannabis industry is shrinking, at least on paper. Data from the New Mexico Depa…
FL Republican Party officially comes out against initiative to legalize adult cannabis
by Florida Phoenix on May 6, 2024
The Republican Party of Florida has officially decided that it will oppose Amendment 3, the constitutional amendment on the November ballot that would legalize recreational cannabis for adults 21 years and older. The move came from a vote from the Republican Party of Florida’s Executive Board at its quarterly meeting in Orlando, according to RPOF
Making Sense of the Federal Policy Changes for Cannabis
by OB Rag on May 6, 2024
Grassroots and Progressive views on local, national and world news
The Travel Agency: Elevating Cannabis Culture with Fifth Avenue Dispensary Debut
by Celeste Hedera on May 6, 2024
Discover The Travel Agency's groundbreaking move to open a premier cannabis store on Fifth Avenue. Explore luxury, community, and innovation in the heart of NYC.
Judge: Missouri municipalities may 'stack' taxes on cannabis firms
by Kate Robertson on May 6, 2024
Municipal governments in Missouri may stack additional taxes on adult-use cannabis sales on top of the 6% state tax, a judge ruled.
Cannabis use disorder increasingly seen in teens scheduled for surgery
by Elana Gotkine on May 6, 2024
For adolescents scheduled for surgery, the prevalence of cannabis use disorder (CUD) is increasing and is associated with higher odds of postoperative complications, according to a study published online ...
Ron DeSantis' Plan To Scuttle Florida's Cannabis Legalization Initiative With His Vast Fundraising Network, GOP Apparatus
by Maureen Meehan on May 6, 2024
DeSantis will also use his personal network to fund contentious races for federal candidates such as Donald Trump and Republican Rep. Laurel Lee.
GOP Gubernatorial Candidate In Indiana Says Cannabis Legalization Is 'Inevitable,' Local NYC Pols Are Against Licensed Pot Shops And More Reg Updates
by Jelena Martinovic on May 6, 2024
Local authorities in central Queens, New York City, don't want any new licensed cannabis shops until illegal ones are eradicated. Sherry Algredo, chairwoman of Community Board 9 covering Kew Gardens, Richmond Hill, Ozone Park and Woodhaven, reached out to state regulators to address the issue. In New Jersey, recreational cannabis revenues topped $201 million in the first quarter of 2024, coming from 130 dispensaries and representing a 38% year-over-year increase,A Democratic lawmaker in Indiana said the state lawmakers should reevaluate its stance on marijuana legalization following the recent Drug Enforcement Administration's (DEA) decision to reclassify cannabis under federal law.

Cannabis stocks outperform as pressure mounts on DEA to reschedule marijuana

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Scientists welcome new rules on marijuana, but research will still face obstacles – Cannabis Business Executive – Cannabis and Marijuana industry news

Growth of recreational cannabis market slowed in first quarter of 2024

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Scientists welcome new rules on marijuana, but research will still face obstacles – Cannabis Business Executive – Cannabis and Marijuana industry news

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