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.

Minnesota to Open Social Equity Cannabis Business License Preapproval Window on July 24 The Minnesota Office of Cannabis Management (OCM) will open the cannabis business license preapproval window on July 24 for applicants who have been verified that they meet social equity eligibility requirements. This is the next step applicants need to take to be considered in the launch of Minnesota’s new cannabis industry.

House Lawmakers Vote To Block Federal Marijuana Rescheduling The House Appropriations Committee on Tuesday approved legislation to block the Biden administration’s ongoing efforts to reschedule marijuana and ease restrictions on the drug under federal law. The Republican-led panel… The post House Lawmakers Vote To Block Federal Marijuana Rescheduling appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

25 GOP Lawmakers Condemn Cannabis Rescheduling in New Letter Sen. James Lankford and Rep. Pete Sessions spearheaded the letter sent to Attorney General Merrick Garland, saying rescheduling lacks “adequate science.”

Embattled Cannabis Commission proposes overhauling itself The move to establish a new governance structure follows months of turmoil at the agency, including calls for it to be taken over by a state receiver After two years… The post Embattled Cannabis Commission proposes overhauling itself appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

NY Cannabis Control Board Approves 100+ Licenses at Contentious Meeting A somewhat stressed out but productive New York Cannabis Control Board held a monthly public meeting on Tuesday, July 10 – aka 7/10, a cannabis concentrates holiday – to address… The post NY Cannabis Control Board Approves 100+ Licenses at Contentious Meeting appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Ohio marijuana growers, processors to be first to operate in recreational market Facilities that grow marijuana and create cannabis products will receive priority when the state doles out certificates of operation ahead of recreational sale in Ohio. A total of 14 dispensaries,… The post Ohio marijuana growers, processors to be first to operate in recreational market appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

What Does the Corporate Transparency Act Mean (CTA) for the Cannabis Industry? By Griffen Thorne, Attorney @ Harris Sliwoski On January 1, 2024, the federal Corporate Transparency Act (CTA) took effect. The CTA requires a host of both domestic and foreign entities… The post What Does the Corporate Transparency Act Mean (CTA) for the Cannabis Industry? appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Trulieve Opening Affiliated Medical Cannabis Dispensary in Pennsylvania The new retail facility in Wilkes-Barr expands patient access in the Keystone State with a ribbon cutting and pop-up event.

Theory Wellness Celebrates the Grand Opening of Its Recreational Dispensary in Trenton, New Jersey Theory Wellness, an independently owned and operated, vertically integrated cannabis company that serves patients and consumers in Massachusetts, Maine, Vermont, Ohio, and New Jersey, is celebrating its Trenton, N.J., dispensary opening for adult-use cannabis sales on July 11, marking the event with a $10,000 donation to the Trenton Area Soup Kitchen and a canned goods drive, and offering discounts to customers all weekend long.

Nebraska Group Delivers 114,000 Signatures for Medical Cannabis Legalization Measures Nebraskans for Medical Marijuana turned in two petitions to the Secretary of State to put medical cannabis reform on the November ballot.

CRISPR Gene Editing Could Revolutionize Cannabis Breeding and Crop Production A provisional patent application is the latest to apply the novel CRISPR technology to cannabis. The CRISPR-Cas9 technology, used for the treatment of sickle-cell anemia and reducing the bitterness in mustard leaves, has the potential to revolutionize cannabis crops by integrating advanced genomic techniques into breeding solutions.

Canadian Genetics Leader PURPLEFARM Partners With Neatleaf to Use AI Tech in Major Cannabis Cultivation Facility PURPLEFARM’s yields have soared by 20% with the Spyder system.

Introducing Budtender Superintelligence: by Jointly Elevating Cannabis Retail: AI-Powered Assistance for Budtenders

US House Republicans Nix States’ Rights Cannabis Amendment, Focus on Blocking Rescheduling The House Appropriations Committee advanced a bill that aims to prevent the DOJ from using funds to reclassify cannabis while allowing it to interfere with state cannabis laws.

How Minnesota accidentally created America’s weed beverage capital The state’s market for THC drinks has exploded into a nearly $200 million industry over the last two years. MINNEAPOLIS — Call it the Minnesota Weed Miracle. State lawmakers — some with… The post How Minnesota accidentally created America’s weed beverage capital appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Florida Marijuana Legalization Bid Headed To Victory, Polls Suggest Two recent polls show that Amendment 3, the ballot measure to legalize recreational marijuana in Florida, is likely to win enough votes to pass in the November general election. The… The post Florida Marijuana Legalization Bid Headed To Victory, Polls Suggest appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Green Thumb Opening 2 More RISE Dispensaries in Florida The medical cannabis retail facilities in Tallahassee expand the company’s footprint to 19 stores in the Sunshine State and 96 locations nationwide.

California State Fair Names Winners of 3rd Annual Cannabis Competition The competition spotlights the best of California cannabis with gold medalists now going head-to-head for the prestigious Golden Bear trophies.

Safe Harbor Financial Exits $3.1 Million Loan in Default, Collecting 100% of Principal, Plus Over $200,000 in Accrued Interest The company will reallocate the $3.3 million to its lending and credit line capacity.

US Government Selling Reference Material to Hemp, Cannabis Testing Labs to Ensure Accuracy The National Institute of Standards and Technology is charging $783 for three 1.5-gram hemp samples to help labs calibrate their methods for accurate labeling.

North Dakota Group Submits Signatures to Place Adult-Use Legalization Initiative on November Ballot New Economic Frontier gathered enough signatures to qualify its adult-use proposal for the upcoming election, pending verification by the state.

Ethos Cannabis CEO Gibran Washington on Growth and Profitability Based out of Philadelphia, Ethos Cannabis is one of those rare beasts in the cannabis realm, a profitable multistate operator whose growth trajectory is up and under control, and whose… The post Ethos Cannabis CEO Gibran Washington on Growth and Profitability appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Raphael Pharmaceutical Issues Letter to Shareholders The letter highlights the company’s exclusive relationship with Rambam Health Care Campus, differentiated cannabinoid-based technology platform, promising lead product candidate for rheumatoid arthritis, recently commenced clinical study, broader pipeline opportunities, and overall mission and vision.

Slow burn — Ohio recreational marijuana dispensaries on way to sales More than 100 dispensaries in Ohio are on their way to selling recreational marijuana. The Division of Cannabis Control has given provisional licenses to 110 dispensaries so they can sell… The post Slow burn — Ohio recreational marijuana dispensaries on way to sales appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Arkansas Cannabis Advocates Submit 111,400+ Signatures to Expand Medical Program Arkansans for Patient Access’ proposed amendment would allow home grows, update industry regulations for advertising and packaging, and more.

Hop Latent Viroid: A Guide to Sampling, Testing and Lab Selection As HLVd continues to spread through the global cannabis industry, testing has become crucial to preventing the virus from impacting cultivators’ crops. Not all tests, sampling processes, nor labs, however, are created equal. Here is what you should know to ensure successful virus control.

Cannabis Law is Chaotic: Avoiding Misinformation Online By Vince Sliwoski, Managing Partner Harris Sliwoski The internet is a badlands of misinformation on cannabis law and policy. Less than stellar takes may be amplified on news sites, giving… The post Cannabis Law is Chaotic: Avoiding Misinformation Online appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Cannabis advocates in Thailand protest a proposal to ban again its general use BANGKOK (AP) — Two years after marijuana was decriminalized in Thailand, nearly a hundred of its advocates marched to the prime minister’s office Monday to protest a possible ban on… The post Cannabis advocates in Thailand protest a proposal to ban again its general use appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

110 Ohio Dispensaries Now Have Provisional Licenses for Adult-Use Sales The state’s Division of Cannabis Control is nearly done reviewing applications for dual-use licensure but has yet to issue certificates of operation.

Next step in Connecticut’s cannabis market: Membership clubs and offerings Gone are the days of illicit, backroom weed sales. The legalization of cannabis has completed changed the way cannabis is sold and now one of Connecticut’s largest cannabis companies is… The post Next step in Connecticut’s cannabis market: Membership clubs and offerings appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Cannabis Products Contaminated With Deadly Pesticide Recalled From California Market The state’s Department of Cannabis Control issued a mandatory product recall for five West Coast Cure products, citing the presence of chlorfenapyr.

Medical marijuana advocates turn in signatures seeking Nebraska ballot access ‘Someday a mom will go into the doctor’s office and they will be able to get a recommendation for cannabis, and that day will be all worth it,’ said Crista Eggers,… The post Medical marijuana advocates turn in signatures seeking Nebraska ballot access appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

The Jockey, A Short Story by Charles Bukowski He was already big enough to control one ton of racing beast. But could he tame the wild filly who served him his breakfast every morning? The post The Jockey, A Short Story by Charles Bukowski first appeared on High Times.

Bill to Expedite Delaware’s Adult-Use Cannabis Sales Launch Now in Governor’s Hands The state’s General Assembly sent Gov. John Carney legislation that would allow existing medical operators to transition to the adult-use marketplace.

SCOTUS Scuttles Chevron This January, the U.S. Supreme Court heard oral arguments in a case that challenged the deference given federal agencies by federal courts to interpret vaguely written laws. It was called… The post SCOTUS Scuttles <i>Chevron</i/> appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Court dismisses lawsuit challenging federal marijuana laws The U.S. District Court of Massachusetts dismissed a case challenging marijuana’s federal illegality on Monday, rejecting arguments made by cannabis companies against prohibition. U.S. District Judge Mark Mastroianni, an Obama appointee, ruled… The post Court dismisses lawsuit challenging federal marijuana laws appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Judge Dismisses Lawsuit Challenging CSA’s Constitutionality, but Says Cannabis’s Regulation Under CSA Should Be Reexamined The motion to dismiss a high-profile lawsuit challenging the federal government’s authority to enforce the Controlled Substances Act against state-legal, intrastate cannabis businesses was granted, but the suit ‘alleged persuasive reasons for a reexamination’ of how the CSA regulates cannabis.

MariMed Receives Approval to Launch Adult-Use Sales at 3rd Massachusetts Dispensary The company also provided updates on its Ohio and Maryland footprints.

MariMed Closes Acquisition of 2nd Maryland Dispensary The company’s Thrive Wellness retail location in Upper Marlboro is in additional to its Annapolis store.

Rasta Itations From Aethiopia by way of Babylon the Brethren of Rastafari await the prophesied Exodus and Movement of Jah people. Here in their own words and images is part of their story. The post Rasta Itations first appeared on High Times.

4 Ohio Cannabis Companies Gained Advantage in Lottery for Dispensary Site Selections A change of ownership request allowed at least one of these companies to enter the lottery as both a cultivator and independent retailer for more draw balls.

Winning Strategies for MSOs: Navigating Growth, Innovation and Regulatory Challenges By Lexie Barton, Director of Client Strategy, BDSA The cannabis industry has faced significant challenges in the past year, though shifting macro-environmental factors indicate a promising outlook. Multi-state operators (MSOs)… The post Winning Strategies for MSOs: Navigating Growth, Innovation and Regulatory Challenges appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Cannabis Law and Gun Rights: News from SCOTUS By Griffen Thorne, Attorney at Harris Sliwoski Last week, the US Supreme Court decided its most recent Second Amendment case, United States v. Rahimi. Earlier this month, SCOTUS decided Garland v.… The post Cannabis Law and Gun Rights: News from SCOTUS appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Washington Ag Department Gains Authority to Accredit Cannabis Labs The beverages, including those with hemp-derived cannabinoids, are now restricted to adults 21 and older for purchase in licensed establishments.

Connecticut Law Regulating THC-Infused Beverage Sales Takes Effect The beverages, including those with hemp-derived cannabinoids, are now restricted to adults 21 and older for purchase in licensed establishments.

A year after Maryland approved recreational cannabis, sales are booming but health concerns linger A year ago, there were still plenty of unknowns in Maryland’s cannabis industry. Medical cannabis businesses, now cleared to participate in the newly approved recreational market, had to gauge what would… The post A year after Maryland approved recreational cannabis, sales are booming but health concerns linger appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Republicans use cannabis smell complaints as ‘excuse’ to oppose legalization, advocates say Some Republican lawmakers, including Florida governor Ron DeSantis, say that the now-public consumption of marijuana is a nuisance to people who don’t like the smell and a quality-of-life issue. Meanwhile,… The post Republicans use cannabis smell complaints as ‘excuse’ to oppose legalization, advocates say appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Trulieve to Open 2 More Medical Cannabis Dispensaries in Florida The company’s retail locations in Madison and Panama City will host grand openings on July 5.

We All Live in a Yayo Submarine Life and death on a cocaine-smuggling submersible. The post We All Live in a Yayo Submarine first appeared on High Times.

Opus Consulting celebrates a landmark anniversary: its 15-Year Anniversary of partnering with a wide range of industries and clients around the nation, including tribal organizations and legal cannabis companies, to drive economic momentum through its suite of business advisory services. PRESS RELEASE The Maine-based business advisory firm supports businesses in New England and beyond by providing specialized performance, growth and restructuring strategies. Portland, Maine – (June 1, 2024): Founded in… The post Opus Consulting celebrates a landmark anniversary: its 15-Year Anniversary of partnering with a wide range of industries and clients…

BFG Acquires VG Supply, a Leading Lawn, Garden Distributor The company also launched a refreshed logo and company branding and announced new sales leaders for its three strategic customer segments.

UPDATE: US House Democrats Introduce Bill to Federally Legalize Cannabis The MORE Act aims to decriminalize and deschedule cannabis, provide expungements, and reinvest in those adversely impacted by the drug war.

Kentucky to open applications for the state’s medical marijuana business Businesses that want to sell, process or grow medical marijuana for Kentucky can start applying for permits starting Monday, part of an accelerated push to have products available in early… The post Kentucky to open applications for the state’s medical marijuana business appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Contempo Specialty Packaging Launches New Compostable Flower Pod System for Cannabis The packaging company announces its introduction of a refillable, compostable cannabis flower pod system for cannabis brands looking for sustainable packaging options.