Virginia governor amends controversial hemp bill

Virginia’s governor amended a contentious bill that would have limited hemp-derived products in the state to 2 milligrams of THC per container. Instead, Gov. Glenn Youngkin’s amendments will allow hemp-derived products to contain a CBD-to-THC ratio of 25-to-1, The Virginian-Pilot reported. ADVERTISEMENT The governor also removed another provision in the bill that would require producers […]

Montana lawmakers kill bill intended to erase recreational marijuana industry

A proposed Montana state law that would have effectively canceled the state’s recreational marijuana industry and put new, draconian restrictions on medical marijuana died in committee. Republican state Sen. Keith Regier introduced Senate Bill 546 on March 30. ADVERTISEMENT Six days later, a Senate committee voted to table the bill, the Montana Free Press reported. […]

Canadian cannabis companies SNDL, Nova to amend complex retail deal

Canadian cannabis producer SNDL and retail operator Nova Cannabis are amending a previously announced deal in which SNDL will transfer stores to Nova and return shares to the retail company for cancellation, among other things. SNDL, headquartered Calgary, Alberta, is the majority shareholder of Edmonton, Alberta-based Nova after SNDL acquired Nova’s previous parent company Alcanna. […]

Canadian cannabis companies SNDL, Nova to amend complex retail deal

Canadian cannabis producer SNDL and retail operator Nova Cannabis are amending a previously announced deal in which SNDL will transfer stores to Nova and return shares to the retail company for cancellation, among other things. SNDL, headquartered Calgary, Alberta, is the majority shareholder of Edmonton, Alberta-based Nova after SNDL acquired Nova’s previous parent company Alcanna. […]

New Mexico legal adult-use marijuana sales exceed $300 million in first year

New Mexico’s regulated adult-use marijuana market turned 1 year old on April 1, with first-year recreational sales totaling nearly $301 million. Recreational cannabis sales in the state for March reached a record monthly high of $32.4 million, according to data from the Cannabis Control Division (CCD) of the New Mexico Regulation & Licensing Department. ADVERTISEMENT […]

New Mexico legal adult-use marijuana sales exceed $300 million in first year

New Mexico’s regulated adult-use marijuana market turned 1 year old on April 1, with first-year recreational sales totaling nearly $301 million. Recreational cannabis sales in the state for March reached a record monthly high of $32.4 million, according to data from the Cannabis Control Division (CCD) of the New Mexico Regulation & Licensing Department. ADVERTISEMENT […]

New York Cannabis: Energy and Environmental Plans

Since the Marijuana Regulation and Taxation Act (MRTA) was passed back in April of 2021, New York has made clear that mitigating environmental impact, including energy usage, would be a key component of New York’s adult-use cannabis industry. To wit, the legislators expressly included applicants’ “ability to mitigate adverse environmental impacts, including but not limited […]

Montana Lawmakers Defeat Psilocybin Therapy Legalization Bill

Montana lawmakers have defeated a bill that would have legalized psilocybin therapy for adults with certain medical conditions. However, there’s talk about moving a more limited measure to study possible psychedelics reforms. The House Human Services Committee took up the legislation from Rep. Jill Cohenour (D) in a hearing on Wednesday. Members then rejected the […]

New Biden Proclamation Highlights Marijuana Criminalization’s Role In Blocking Employment And Education

President Joe Biden has issued a proclamation declaring April “Second Chance Month” for people who have served time in prison, and in the document he took the opportunity to tout his marijuana pardons and address the collateral consequences of cannabis convictions. The proclamation, issued on Friday, isn’t directly focused on marijuana clemency. It’s more broadly […]

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