Cannabis producer Tilray makes US list of largest craft brewers

Cannabis and alcohol company Tilray Brands has made a widely followed list of the largest craft brewers in the United States, an apparent first for the nation’s multibillion-dollar craft brewing industry. Tilray’s beer division ranked No. 9 on the Brewers Association’s annual report of the nation’s top craft companies based on beer sales volume in […]

Louisiana lawmakers kill adult-use marijuana legalization efforts

Lawmakers in Louisiana’s Republican-led House quashed an effort to legalize marijuana possession for those 21 and older and establish an adult-use retail market. According to the Lafayette Daily Advertiser, the House Criminal Justice Committee voted 9-4 to oppose House Bill 24 introduced by Democratic Rep. Candace Newell. ADVERTISEMENT The bill was opposed by Louisiana sheriffs, […]

Louisiana lawmakers kill adult-use marijuana legalization efforts

Lawmakers in Louisiana’s Republican-led House quashed an effort to legalize marijuana possession for those 21 and older and establish an adult-use retail market. According to the Lafayette Daily Advertiser, the House Criminal Justice Committee voted 9-4 to oppose House Bill 24 introduced by Democratic Rep. Candace Newell. ADVERTISEMENT The bill was opposed by Louisiana sheriffs, […]

Schwazze expands New Mexico cannabis footprint through $38 million acquisition

Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus. The acquisition of not-for-profit Everest Apothecary is valued at approximately $38 million, according to a news release. ADVERTISEMENT The transaction involves 14 dispensaries, a cultivation facility and a manufacturing plant. Schwazze will pay […]

Schwazze expands New Mexico cannabis footprint through $38 million acquisition

Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus. The acquisition of not-for-profit Everest Apothecary is valued at approximately $38 million, according to a news release. ADVERTISEMENT The transaction involves 14 dispensaries, a cultivation facility and a manufacturing plant. Schwazze will pay […]

Singapore Hangs Man Over One Kilo of Weed

Singapore officials executed a man today—by hanging—who was found guilty of drug trafficking a kilogram of cannabis into the country. NDTV in India reports that Tangaraju Suppiah, 46, was executed at dawn on Wednesday, rejecting a growing chorus of anti-death penalty campaigners to end the country’s cruel use of capital punishment. British billionaire Sir Richard […]

Colorado Launches Loan Program for Cannabis Social Equity Businesses

Colorado Governor Jared Polis on Monday announced the launch of a new state-funded loan program for cannabis social equity businesses.  The new program is designed to provide financing to licensed social equity cannabis businesses, which typically face difficulties raising the capital needed to launch and grow their enterprises. The initiative will be administered by the […]