Delaware governor drops opposition to marijuana legalization

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Booker Says Lawmakers Will ‘Resurrect’ Marijuana Banking Bill So ‘Hundreds Of Businesses’ Don’t Shut Down

Sen. Cory Booker (D-NJ) says that lawmakers are working to “resurrect” a package of marijuana reform legislation from last session, acknowledging that failure to advance a banking fix for the industry “literally means that hundreds of businesses go out of business.” Advocates with the non-profit Minorities for Medical Marijuana (MMM) approached Booker following a Senate […]

Canadian cannabis sales shrink 7.5% to CA$365.7 million in February

February sales of regulated recreational marijuana in Canada declined roughly 7.5% from January, totaling 365.7 million Canadian dollars ($270 million) for the month, according to new retail sales data released Friday by Statistics Canada. February was three days shorter than January, and Canadian cannabis sales typically slow during the first months of the year because […]

Cannabis Scams 3.0

In an era of Theranos, Fyre Fest, FTX and WeWork, cannabis scams, frauds, and scandals probably pale in comparison. However, cannabis scams (and their evolution) are still worth noting, spotting, and avoiding at all costs. I’ve written about cannabis scams in the past (see here), and it’s one of my favorite topics given the still-emerging […]

Washington State Bill To Protect Job Applicants From Anti-Marijuana Discrimination Heads To Governor’s Desk

A bill to protect workers in Washington State from facing employment discrimination over their use of marijuana during the hiring process is officially heading to the governor’s desk. After some back-and-forth between the chambers over amended language, the Senate gave the bill final approval on Wednesday in a 30-18 vote. The legislation from Sen. Karen […]

Marijuana MSO TerrAscend will restructure in bid to list on TSX

Marijuana multistate operator TerrAscend Corp. revealed its plans to reorganize in a way that will allow the U.S. plant-touching company to list on the Toronto Stock Exchange (TSX). If 66 2/3% of votes cast by shareholders agree to the proposal in a meeting scheduled for June 22, trading on the TSX could begin shortly after, according […]

Marijuana MSO TerrAscend will restructure in bid to list on TSX

Marijuana multistate operator TerrAscend Corp. revealed its plans to reorganize in a way that will allow the U.S. plant-touching company to list on the Toronto Stock Exchange (TSX). If 66 2/3% of votes cast by shareholders agree to the proposal in a meeting scheduled for June 22, trading on the TSX could begin shortly after, according […]

Colorado Senators Approve Psychedelics Regulation Bill With Amendments In Committee

Colorado senators have approved a bill in committee to set up a regulatory framework for legal psychedelics under a voter-approved initiative. The Senate Finance Committee passed the legislation from Senate President Steve Fenberg (D), with amendments, in a 5-2 vote on Thursday, sending it to the Appropriations Committee. Overall, the bill seeks to set up […]

Louisiana Legislators Say They Unknowingly Legalized Hemp Products With THC

Louisiana state Sen. Stewart Cathey and Sen. Jay Morris stated in a recent Senate Agriculture Committee hearing on April 18 that legalizing hemp products with THC was unintended. “Last session we unknowingly created a recreational THC market in Louisiana,” Cathey said at the meeting, according to The Daily Advertiser. “It was not the intent of […]