Book about billion-dollar cannabis startup takes top business book prize

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Congressional Talks On Marijuana Banking And Expungements Bill Intensify As Advocates Push For Equity Amendments

Talks are intensifying over a marijuana banking and expungements bill that Senate leadership is working to finalize, with advocates feeling increasingly optimistic about seeing action during the lame duck session. Still, other activists are making clear that they want to see amendments to the SAFE Banking language to incorporate targeted equity provisions, arguing that it’s […]

Emily Paxhia resigns from board of marijuana MSO Ascend Wellness

Emily Paxhia, a co-founder and managing partner of cannabis hedge fund Poseidon Asset Management, resigned from the board of directors at marijuana multistate operator Ascend Wellness Holdings. Paxhia was the sole woman on the New York-based company’s board of directors. ADVERTISEMENT Paxhia did not immediately respond to MJBizDaily‘s request for comment about her resignation. Rebecca […]

India-based company to offer sanitary pads made from cannabis plants

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Canadian adult-use cannabis sales stay flat in September

Monthly Canadian sales of legal adult-use cannabis barely increased between August and September, totaling 389.9 million Canadian dollars ($291 million). The cannabis sales total in August was revised downward, also to CA$389.9 million, by national data agency Statistics Canada. ADVERTISEMENT On an annual basis, Canadian recreational cannabis sales have increased 12.2% since September 2021. Monthly […]

Just 10 Percent Of Americans Think Marijuana Should Be Totally Illegal, Pew Poll Finds

Just one in ten Americans say that marijuana should remain completely illegal, according to a new Pew Research Center poll. The survey, published on Tuesday, found that an “overwhelming share of U.S. adults” (89 percent) feel that cannabis should be legal for either medical or recreational purposes. Among those, 59 percent say it should be […]

Miami police arrest man in four killings on Oklahoma pot farm

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Connecticut’s adult-use marijuana stores might not won’t open this year

Adult-use marijuana stores in Connecticut likely won’t open until 2023, despite the state targeting the end of 2022. According to CT Insider, the potential delay stems from the fact stores cannot open until the state approves at least 250,000 square feet of cultivation and manufacturing space. ADVERTISEMENT The state’s four existing medical marijuana growers have […]

Cannabis could make an appearance in Macy’s Thanksgiving Day Parade

Macy’s Thanksgiving Day Parade returns this week, boasting celebrity appearances from the likes of Mariah Carey, Paula Abdul and Ziggy Marley. The three-hour event, which ends outside Macy’s Herald Square, may also feature an appearance from cannabis brand Cookies, as its flagship New York City store sits directly across from Macy’s, reports Leafly. In June, Business Insider reported […]

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