Virginia lawmakers pass tough delta-8 THC restrictions

Virginia lawmakers approved tough new restrictions on products containing the controversial hemp-derived cannabinoid delta-8 THC. Under a compromise bill hammered out Friday, the last day of the General Assembly session, sellers of intoxicating hemp-derived cannabinoid products would need to obtain a state license. ADVERTISEMENT They would also be barred from selling products with more than […]

Cannabis producer Cronos Group ends year with $168.7 million loss

Canadian cannabis producer Cronos Group lost $78.9 million in its fourth quarter ended Dec. 31, bringing the company’s net loss for the year to $168.7 million. The Toronto-based company on Tuesday reported that its net revenue grew 23% year-over-year to $91.9 million in 2022. ADVERTISEMENT Cronos’ revenue in the United States fell 48% in the […]

Texas House Lawmakers Discuss Marijuana Decriminalization Bill

A panel of Texas lawmakers heard testimony Tuesday on a bill that would decriminalize marijuana possession, removing the risk of arrest or jail time and allowing individuals to eventually erase the matters from their criminal records. “Basically, the person is given a ticket goes to court, they’re assessed a fine, then the court tells them, […]

North Carolina Senate Approves Medical Marijuana Bill

The North Carolina Senate gave initial approval a bill to legalize medical marijuana on Tuesday, putting it one additional procedural vote away from being sent to the House shortly after a top lawmaker there said his chamber is positioned to enact the reform this session despite blocking similar legislation last year. The measure from Sen. […]

Alcohol in Edmonton parks allowed on permanent basis but cannabis restrictions remain

Sign up for Weekend Dispensary to get the latest cannabis news and exclusive articles delivered straight to your inbox. By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or […]

Synthetic cannabinoid maker Nalu Bio raises $12 million

Nalu Bio, a producer of synthetic cannabinoids, said it raised $12 million in a Series A funding round led by Intrinsic Capital Partners, a Pennsylvania-based investment firm focused on life science and technology businesses in the legal marijuana and hemp industries. The investment in the San Francisco-based company, announced in a Tuesday news release, comes […]

error: