Hawaii Senate Kills ‘De Facto’ Weed Legalization – Cannabis Business Executive – Cannabis and Marijuana industry news

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April 25, 2024

A bill to increase the amount of marijuana a person can possess before facing stiff criminal penalties failed 15-9 in the Hawaii Senate on Monday. It was the second defeat… A bill to increase the amount of marijuana a person can possess before facing stiff criminal penalties failed 15-9 in the Hawaii Senate on Monday. It was the second defeat… Read More

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YONKERS, N.Y. (PIX11) – The first legal recreational weed dispensary in Yonkers is set to open on Thursday. The Plant is opening at 2595 Central Park Ave. The dispensary will be open Monday through…
Despite security, Blasdell marijuana shop owner says burglars stole $389,000 in product from vault
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San Francisco cannabis dispensaries struggling as they continue to compete with illegal market
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The Arkansas Alcoholic Beverage Control Division has revoked a medical cannabis dispensary license for the first time.
Vineyard marijuana dispensary to close - The Martha's Vineyard Times
by The Martha's Vineyard Times on May 3, 2024
Fine Fettle, a medical and recreational dispensary in West Tisbury — as well as the Island’s only licensed growing facility — announced that it will be closing in September. Benjamin Zachs, chief operating officer of the Connecticut-based company, has said that because of the difficulties of hosting a dispensary on an island, and with cheaper
Local cannabis dispensary says marijuana rescheduling is good for business
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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."
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Pairing Made Perfect
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Hochul orders shakeup for New York cannabis regulators after scathing report
by Adam Jackson on May 10, 2024 at 7:44 pm
The governor said OGS Commissioner Jeanette Moy, who headed the assessment, will "take a larger role in this process" in the interim. The post Hochul orders shakeup for New York cannabis regulators after scathing report appeared first on Green Market Report.
New York OCM’s Alexander reportedly out, as regulators approve 104 adult-use licenses
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Regulators also provided clarification on the review process for applications from the fall application window. The post New York OCM’s Alexander reportedly out, as regulators approve 104 adult-use licenses appeared first on Green Market Report.
DEA psychedelics ban hearing halted by lawsuit
by Adam Jackson on May 10, 2024 at 2:19 pm
The firm is arguing the DEA's administrative rulemaking process has been unlawful and would hamper its research efforts. The post DEA psychedelics ban hearing halted by lawsuit appeared first on Green Market Report.
Horizons talk shifts from investors to insurance
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The business day at the conference centered on the realities of commercializing a drug and convincing insurers to pay. The post Horizons talk shifts from investors to insurance appeared first on Green Market Report.
Vext’s 2023 revenue holds steady as Ohio expansion offsets Arizona decline
by Adam Jackson on May 10, 2024 at 1:02 pm
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Why Brandmydispo’s Custom Weed Bags Are #1 in Custom Cannabis Packaging
by Sponsored on May 10, 2024 at 10:00 am
From child-resistant THC packaging to sustainable materials, Brandmydispo strives to provide cutting-edge options that differentiate its clients from their competitors. The post Why Brandmydispo’s Custom Weed Bags Are #1 in Custom Cannabis Packaging first appeared on High Times.
Thailand Prime Minister Aims To Re-List Cannabis as Narcotic By End of 2024
by Keegan Williams on May 10, 2024 at 10:00 am
In the latest move in Thailand’s profound reversal of cannabis decriminalization and reform, the country’s prime minister announced his intent to re-list the drug as a narcotic by the year’s end. The post Thailand Prime Minister Aims To Re-List Cannabis as Narcotic By End of 2024 first appeared on High Times.
Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts
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Maximize Market Research forecasts significant growth in the hemp-based food sector thanks to consumer focus on gluten-free, plant-based diets. The post Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts first appeared on High Times.
Vermont House Representatives Pass Psychedelic-Assisted Therapy Working Group Bill
by Nicole Potter on May 10, 2024 at 10:00 am
The bill would enable a task force to study the effectiveness of psychedelic therapies and how to regulate them in the state. The post Vermont House Representatives Pass Psychedelic-Assisted Therapy Working Group Bill first appeared on High Times.
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Cannabis Rescheduling: Where Do We Go From Here?
on May 10, 2024 at 6:45 am
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CEO Kim Rivers said positive net income would have been realized if rescheduling had been in effect. The post Trulieve outlines more bottom line relief with cannabis rescheduling appeared first on Green Market Report.
The Daily Hit: May 9, 2024
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Planet 13 reports $6M loss in first quarter, preps for Florida expansion
by John Schroyer on May 9, 2024 at 10:16 pm
The company said it is expanding its "neighborhood store network" to create a national brand. The post Planet 13 reports $6M loss in first quarter, preps for Florida expansion appeared first on Green Market Report.
South Dakota marijuana legalization campaign submits signatures to state
by John Schroyer on May 9, 2024 at 9:38 pm
Only 17,508 valid signatures are needed, so chances are good the measure will go to the voters. The post South Dakota marijuana legalization campaign submits signatures to state appeared first on Green Market Report.
TerrAscend’s first-quarter revenue grows as losses narrow
by Adam Jackson on May 9, 2024 at 9:23 pm
Topline growth was partially offset by retail declines in New Jersey and Michigan. The post TerrAscend’s first-quarter revenue grows as losses narrow appeared first on Green Market Report.
Verano Opens MÜV Haines City, Company’s 75th Florida Dispensary
on May 9, 2024 at 11:10 am
The multistate cannabis operator now has 140 cannabis retail locations nationwide.
Ascend Wellness Holdings Reports $142.4M Net Revenue for Q1 2024
on May 9, 2024 at 11:06 am
The multistate cannabis operator's net revenue, which excludes intercompany sales of wholesale products, increased nearly 25% year-over-year.
Trulieve Reports $298M in Revenue for 1st Quarter 2024
on May 9, 2024 at 11:03 am
The Florida-based multistate operator opened three new dispensaries and attributed 4% revenue growth to higher retail traffic and average basket sizes.
SNDL Reports 1st Quarter 2024 Financial, Operational Results
on May 9, 2024 at 10:32 am
The company had CA$198 million in net revenue for the three-month period as well as a record profit margin.
Ellen’s Bud Break: The Purple & Blue Pigments of Pot
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Illinois Hemp Operators Call For Regulation Instead of Prohibition
by A.J. Herrington on May 9, 2024 at 10:00 am
Hemp industry advocates in Illinois have thrown their support behind a bill to regulate intoxicating hemp-derived cannabinoids while opposing a separate measure that would ban products containing such compounds, including delta-8 THC. The post Illinois Hemp Operators Call For Regulation Instead of Prohibition first appeared on High Times.
Signatures for South Dakota Adult-Use Cannabis Initiative Submitted
by Nicole Potter on May 9, 2024 at 10:00 am
Now the Secretary of State must validate the signatures by August for the initiative to appear on the November ballot. The post Signatures for South Dakota Adult-Use Cannabis Initiative Submitted first appeared on High Times.
Pakistan Creates Regulation Agency To Manage Medical Cannabis Program
by Nicole Potter on May 9, 2024 at 10:00 am
The country has an estimated 70,000 acres of land that can be used for legal cultivation. The post Pakistan Creates Regulation Agency To Manage Medical Cannabis Program first appeared on High Times.

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CANNABIS: Thailand, Morocco, and Pakistan Take Different Paths
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NY Governor Requests Resignation Over Marijuana Industry Rollout Concerns
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Governor Hochul requests Director Alexander's resignation after botched cannabis industry launch.
Hong Kong university investigating suspected case of cannabis use on campus
by South China Morning Post on May 11, 2024
Hong Kong University of Science and Technology launches probe after video circulates on social media appearing to show student smoking drug inside dorm room.
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by Delaney Otto on May 11, 2024
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LYNCH: Cannabis rescheduling not ideal, but it is progress
by Leader Publications on May 11, 2024
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by WKBW 7 News Buffalo on May 11, 2024
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Hawaii Senate Kills ‘De Facto’ Weed Legalization – Cannabis Business Executive – Cannabis and Marijuana industry news

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