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Cannabist Co. Exiting Florida Cannabis Market After $19M Loss in 2023 The company is divesting three cultivation facilities, 14 dispensaries and its license in the Sunshine State. It also initiated a corporate restructuring.

Study Finds Lower Opioid Prescription Rates in Areas with Cannabis Dispensaries Nearby The study focused on communities in Oregon, and found that opioid prescription rates decreased when cannabis dispensaries were located within one mile. The post Study Finds Lower Opioid Prescription Rates in Areas with Cannabis Dispensaries Nearby first appeared on High Times.

House Republicans Strike Cannabis Banking Provisions From Funding Bill Legislation to ban federal interference with banks serving the cannabis industry was pulled from a federal funding bill after objections from Republican lawmakers. The post House Republicans Strike Cannabis Banking Provisions From Funding Bill first appeared on High Times.

German Police Encourage British Football Fans to Smoke Pot Instead of Downing Pints Football season is in gear in Germany, and police encouraged British football fans to smoke pot instead of getting drunk. The post German Police Encourage British Football Fans to Smoke Pot Instead of Downing Pints first appeared on High Times.

The American Medical Association Voted To Approve Drug Decriminalization At its annual House of Delegates meeting, the AMA voted to support drug decriminalization. The post The American Medical Association Voted To Approve Drug Decriminalization first appeared on High Times.

The Fellowship of the Flower SF Hash Week readies to smoke out the City by the Bay. The post The Fellowship of the Flower first appeared on High Times.

Michigan Pot Market Surpasses California in Sales Volume BDSA Analytics and Headset both report that Michigan cannabis businesses sold more in terms of units sold. The post Michigan Pot Market Surpasses California in Sales Volume first appeared on High Times.

A One-Year Update on Oregon’s Legal Psilocybin Program Psilocybin Service center owners are struggling to find new customers and restrictions on advertisements limit their ability to reach a wider audience. The post A One-Year Update on Oregon’s Legal Psilocybin Program first appeared on High Times.

House GOP strips language aimed at protecting banks from cannabis crackdowns House Republicans nixed text aimed at protecting banks from cannabis crackdowns from a government funding bill after blowback from fellow GOP lawmakers. The measure was included in the party’s initial… The post House GOP strips language aimed at protecting banks from cannabis crackdowns appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Class Action Suit Calls New York City’s Crackdown on ‘Illegal’ Cannabis Shops Unconstitutional Dozens of businesses are suing the city and several of its officials for enforcing the SMOKEOUT Act and closing allegedly illegal stores without judicial review.