A New Hampshire House committee on Wednesday discussed a bill to legalize marijuana that’s being sponsored by top Republican and Democratic lawmakers. A House Commerce and Consumer Affairs subcommittee briefly talked about the chair’s proposal to significantly amend the legislation from Majority Leader Jason Osborne (R) and Minority Leader Matt Wilhelm (D) during a work […]
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Senate Majority Leader Chuck Schumer (D-NY) and several other key Democratic senators are meeting Wednesday afternoon to discuss marijuana legislation, two Senate sources have confirmed to Marijuana Moment. Advocates and stakeholders have been closely watching for any cannabis developments after efforts to pass modest reforms stalled out in the last Congress. Now the discussions are […]
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A federal judge rejected New York’s effort to toss a lawsuit that’s been delaying the opening of recreational marijuana stores across the state, including in Brooklyn. That means the indefinite wait for the issuance of 63 of the state’s planned 150 adult-use retail licenses will continue. ADVERTISEMENT In November, a Michigan man named Kenneth Gay […]
Another series of psychedelics reform bills have been introduced in states from New Hampshire to Hawaii, building on the movement that’s seen exceptional activity in the 2023 session. The proposed legislation ranges in scope, but legislators across the aisle are making their interest in the issue clear this year. More than a dozen psychedelics bills […]
Israeli cannabis producer InterCure’s proposed acquisition of rival medical marijuana company Cann Pharmaceutical, also known as Better, was terminated after the companies failed to bridge differences. Herzliya-based InterCure had announced the proposed transaction, valued at $35 million (44.4 million Canadian dollars), approximately one year ago. ADVERTISEMENT It’s the latest breakup in the cannabis industry and underscores […]
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New York-based cannabis wholesale technology platform LeafLink raised $100 million in a Series D financing as its founders transition into new roles at the company. According to a news release, the financing was led by CPMG, L2 Ventures and Nosara Capital and will come in two tranches. ADVERTISEMENT Meanwhile, effective Feb. 1, co-founder and CEO […]