A newly introduced bill seeks to ban foreign ownership of land in Oklahoma in an attempt to curb illegal cannabis cultivation. House Bill 3125 was introduced to the Oklahoma House of Representatives earlier this month, and most recently on Feb. 19 it was recommended to the full Appropriations and Budget Natural Resources Subcommittee. HB-3125 is […]

Two influential Utah state lawmakers have joined forces to advance legislation that would cut funding to cities that refuse to recognize medical marijuana as a legitimate medical therapy.  Utah voters approved the medical use of cannabis in a 2018 ballot measure that passed with nearly 53% of the vote. Following the passage of the initiative, […]

Pure Jamaican elevates Jamaica as a global provider of legal cannabis with pharmaceutical THC product exports to the U.S. and Brazil.

The deal includes a 54,000-square-foot facility in Amesbury and is now pending regulatory approval.

The DEA’s refusal to reschedule cannabis nearly 50 years ago derived from HHS predecessor’s failure to recognize its medical value, not a 1961 treaty.

Despite legalization adjacent to Idaho’s borders and in many states around the country, Idaho lawmakers are considering heightened penalties for people charged with marijuana possession. House Bill 606 would add… The post Surrounding states have legalized marijuana. Idaho lawmaker suggests this instead appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

Post Content

The state’s Department of Cannabis Control launched the public data site to provide useful intel for industry stakeholders.

The New York Cannabis Control Board (CCB) met on Feb. 16 and voted on a few new cannabis draft rules, including cultivation and research, and also announced the first round of adult-use licenses. The CCB approved a regulation proposal describing potential plant limits and possession amounts, the Feb. 16 meeting kicked off with a 60-day […]

More Americans are overdosing and dying by smoking illegal drugs as opposed to injecting them. Of the 109,000 recorded overdose deaths which occurred in 2022, almost 70 percent involved fentanyl and a recent study by the Centers for Disease Control and Prevention showed that fentanyl users are beginning to favor smoking as their preferred method […]

The bipartisan legislation, which would limit a regulated marketplace to 15 dispensaries, is scheduled for floor consideration this week.

In his letter to Biden, the former pro boxer indicated his support for The Weldon Project, an organization dedicated to securing the release of people serving time for cannabis-related offenses and providing pathways toward expungement.

A big test of this year’s attempt to legalize marijuana in New Hampshire is set for Thursday when the state House of Representatives takes up a bipartisan bill that would allow… The post NH House to vote Thursday on marijuana legalization appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

A day with Brett Heyman, the designer who is trying to push the legal cannabis market in a more stylish, sunny direction. Two weeks ago, an accessories designer named Brett… The post Selling Weed, but Making It Fashion appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

By Lane Bruns, CEO of ICANIVEST Executive Summary In this 4-part series, we define and analyze the appropriate price multiples to value cannabis companies with and without 280E. In Part… The post The immediate impact of 280E on price multiples of cannabis companies: PART I [1][2] appeared first on Cannabis Business Executive – Cannabis and […]

Ukrainian President Volodymyr Zelensky has formally enacted legislation to legalize medical marijuana in a move that he and other leaders believe will assist soldiers in healing from both physical and psychological injuries suffered in the country’s ongoing conflict with Russia. As of January 2, 2024, per Russia Matters, a project launched by Harvard University, Ukraine’s […]

Over the past few months, the Nevada Cannabis Control Board has approved a handful of cannabis consumption lounge licenses. On Feb. 15, the CCB announced that Thrive Cannabis Marketplace’s lounge, called Smoke and Mirrors, is the first to receive its final license in Nevada. “We’ve marked a lot of ‘firsts’ in Nevada and we’re honored […]

A Republican-led proposal to legalize medical cannabis in the state officially died on Thursday, and although the GOP speaker of the assembly indicated that “there will still be a public hearing to build support for passage next session,” per the Associated Press, that “won’t occur until after the Assembly has adjourned for this year.” Wisconsin […]

An Illinois state senator recently introduced a bill to legalize the supervised therapeutic use of psilocybin, the primary psychedelic compound in magic mushrooms. The legislation, known as the Compassionate Use and Research of Entheogens (CURE) Act, was introduced by Democratic Senator Rachel Ventura earlier this month. If passed, the legislation (Senate Bill 3695) would legalize […]

New chief financial officer Simona King brings deep financial expertise across corporate, operations and international business units.

Cannabis Business Executive has covered New York-based Columbia Care (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) many times over the years, including lengthy profiles in late 2021 with co-founder Nicholas Vita,… The post Cannabist CEO David Hart on ‘Sweating the Assets’ appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

By Vince Śliwowski, Managing Partner of Harris Sliwoski Friend of the firm Andrew DeWeese published a recent LinkedIn post on Oregon’s outlying stance on THCA the other day, and the priorities of… The post Thoughts on THCA, Interstate Sales….and Oregon appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

Sen. Jacky Rosen said Nevada’s economy and small businesses have benefited from legalization.

As state officials continue to review nearly 7,000 applications, the Cannabis Control Board’s chair said it’s “been a rocky start to 2024.”

The lounge will feature a cannabis-infused cocktail program, creating a drinking experience where more consumers demand nonalcoholic options.

The legislation, passed by Ukraine’s parliament in December, was signed into law by President Volodymyr Zelensky this week.

The Cannabis Policy Lab’s licensing and market access report analyses the state’s top challenges and recommends reforms.

The bill to allow patients to access the plant via state-run dispensaries is likely dead for the year amid top Republican lawmakers locking horns.

Complying with the CTA, which took effect in 2024, can be deceptively complicated, and failure to do so can subject companies to civil—and even criminal—penalties.

The coalition government has reached an agreement on legislation to legalize cannabis for personal use. If passed, Germany will become the third European Union member state to legalize.

The facility is the company’s 18th affiliated medical cannabis dispensary in the state and 138th retail location nationwide.

The company’s strategic solution fills the capacity gap in cannabis decontamination.