FTC, FDA Send Cease-and-Desist Letters to 5 Companies Selling Delta-8 THC Products Appealing to Children The federal agencies called out the firms for putting kids’ health at risk for the sake of profit.
Ohio Initiates Next Step to Kick-Start Adult-Use Cannabis Program The state’s Division of Cannabis Control is in the process of issuing certificates of operation to cultivators to supply adult-use cannabis.
Congress Accidentally Legalized Weed Six Years Ago Drive through Durham, North Carolina, where I live, and you might get the impression that marijuana is legal here. Retail windows advertise thc in glittery letters and neon glass, and seven-pointed leaves adorn… The post Congress Accidentally Legalized Weed Six Years Ago appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.
Wyld Launches Edibles Brand In New York Wyld, one of the top 5 cannabis brands in the U.S., has expanded its best-selling product offerings into New York. The edibles company now has a footprint in 14 U.S. markets and Canada.
SNDL Initiates Overhead Restructuring, Operational Adjustments Impacting 106 Employees The project is expected to deliver more than $20 million in annualized cost savings driven primarily by the optimization of corporate overhead spending.
30,000+ Comments Submitted on DEA’s Proposed Rescheduling Rule As the public comment period nears an end, comments are continuing to flood in.
Ascend Wellness Holdings Signs Definitive Agreements to Issue $235 Million of Senior Secured Notes The company secured funding with a 12.75% coupon and a five-year term; the net proceeds will refinance an existing term loan.
New York on Pace to Sell $520M of Cannabis in 2024; Could Crack $700M The state’s recent sales boom features weekly store openings and increased enforcements efforts, marking a U-turn from a dismal 2023.
California State Fair allows sale and consumption of marijuana for first time ever For the first time, you can buy and use marijuana on the fairgrounds at the California State Fair. On Friday and Saturday, folks are only allowed to consume non-inhalable products like… The post California State Fair allows sale and consumption of marijuana for first time ever appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.
N.Y. loosens advertising rules for retail cannabis shops In the wake of complaints about New York’s draconian rules governing advertising by licensed cannabis retailers, regulators this week approved changes that will allow the businesses to tout their locations… The post N.Y. loosens advertising rules for retail cannabis shops appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.