The Minnesota state Senate last week approved a bill to accelerate the licensing of cannabis businesses, narrowly approving the measure by a vote of 34-32. If passed by the legislature and signed into law, the legislation would set the stage for cultivators to begin growing regulated weed by the end of the year. Minnesota lawmakers… Keep Reading
Medical cannabis is at odds with adult-use cannabis industries in most states where recreational cannabis is legal. This is also the case for New Jersey, where its medical cannabis program patient numbers have decreased significantly. According to a recent report published by the New Jersey Monitor, patients believe that the medical program isn’t being maintained.… Keep Reading
When it comes to medical benefits, cannabis is often associated with its anti-inflammatory, pain-relieving and sedative properties. But given the versatile nature of the plant, researchers are looking beyond some of the more common qualifying medical conditions to uncover the full medicinal potential of cannabis. Though it’s largely under-researched, it’s possible that cannabis could work… Keep Reading
Hop latent viroid (HLVd) is one of the most devastating things ever to hit cannabis, with researchers estimating it could be costing the industry up to $4 billion per year in financial loss. But are the streets safer than the recreational mega-farms that were decimated in the transition to legalization? We reached out to some… Keep Reading
Cannabis advocates, executives and investors are celebrating the Drug Enforcement Administration’s reported decision this week to reclassify marijuana under federal drug laws, a development that spurred rejoicing from coast to coast and a spike in cannabis stock prices. The celebrations were tempered, however, by the reality that the decision falls short of the full marijuana… Keep Reading
Ohio became the 24th state to allow adult-use cannabis when state voters approved Issue 2 back in November 2023, though advocates and news outlets were quick to highlight GOP lawmakers in the state who immediately sought to amend the newly passed law. And more than five months later, it appears that Republican lawmakers are still… Keep Reading
Legislation to legalize adult-use cannabis, as well as an increase in retail sales in Canada and the U.S. did not lead to an overall increase in teen substance abuse, a team of researchers found. They also found that adult-use legislation led to a “modest decrease” in teen alcohol and e-cigarette use. The research was led… Keep Reading
On April 26, multi-state cannabis operator MedMen announced that it has filed for bankruptcy with the Canadian Bankruptcy and Insolvency Act, as of April 24. Recorded liabilities include approximately $561 million CAD, or $411 million USD. MedMen’s bankruptcy trustee B. Riley Farber Inc. was appointed to represent the company and manage outstanding business obligations (debt,… Keep Reading
The U.S. Drug Enforcement Administration (DEA), under the Biden administration, will move to reclassify cannabis under Schedule III, meaning its medical benefits will be recognized by the federal government, the Associated Press first reported today. By all accounts, it’s a historic move by the DEA and the federal government as the plant was wrongly classified… Keep Reading
The topic of odor is prevalent among communities in close proximity to cannabis cultivation operations, and Santa Barbara is no different. Recently the Santa Barbara County Board of Supervisors met on April 23 to discuss how to tackle the issue, and ultimately voted 3-2 to commission a study to evaluate further options. According to Santa… Keep Reading
