Maryland Lawmakers Take Up Marijuana Sales And Regulations Bill In Committee

Maryland lawmakers took another step toward establishing a regulated, adult-use marijuana market on Friday, holding a hearing on a reform proposal months after voters approved legalization at the ballot last year. The House Economic Matters Committee discussed the legislation from Dels. C. T. Wilson (D) and Vanessa Atterbeary (D), taking testimony from dozens of people […]

Montana proposal could give medical marijuana businesses a boost

A Republican lawmaker in Montana is seeking to eliminate sales taxes on medical marijuana, a move that could breathe life into the state’s struggling MMJ market. The dwindling number of MMJ patients in Montana currently pay a 4% state sales tax as well as a 3% local tax in certain jurisdictions. ADVERTISEMENT But both would […]

Budtenders at California cannabis retailer join Teamsters

Budtenders at Captain Jack’s Dispensary in San Bernardino, California, have become the latest group of cannabis workers to unionize. ADVERTISEMENT According to a news release, the workers joined Teamsters Local 1932, which represents more than 14,000 workers in California’s Inland Empire, part of the 1.2 million-member International Brotherhood of Teamsters. The Teamsters have been steadily […]

Oklahoma House Committee Approves Psilocybin Bill Protecting Patients From Prosecution And Promoting Research

Oklahoma lawmakers have approved bill in committee to promote research into the therapeutic potential of psilocybin while providing legal protections against prosecution for people with eligible conditions who possess the psychedelic. The House Alcohol, Tobacco and Controlled Substances Committee passed a substitute of the legislation from Rep. Daniel Pae (R) in a 6-1 vote on […]

Arizona firm 1606 raises $20 million for hemp and CBD acquisitions

Phoenix-based hemp and CBD retail and distribution company 1606 Corp. raised up to $20 million through an equity financing agreement with GHS Investments. According to a news release, 1606 will use the funds for acquisitions. ADVERTISEMENT “This $20 million financing is going to allow us to buy profitable CBD companies and we’ll be a great […]

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