Georgia nears launch of medical cannabis sales

Medical cannabis dispensaries in Georgia are expected to open within weeks, nearly eight years after lawmakers first approved an MMJ program. According to The Atlanta Journal-Constitution, medical marijuana retailers could open as early as late May. ADVERTISEMENT Georgia is among 40 states and the District of Columbia with a medical market program. More than 26,000 […]

Nasdaq warns marijuana tech firm Agrify it’s not compliant

The Nasdaq stock exchange has warned another marijuana company that it could be delisted if it doesn’t comply with the rules. Agrify Corp., a Massachusetts-based cannabis cultivation and extraction solutions company, received a notice of noncompliance from Nasdaq because the company hasn’t filed its 10-K form with its full-year financial results to the U.S. Securities […]

Cannabis, alcohol firm SNDL loses CA$372.4 million in 2022

Calgary, Alberta-based SNDL reported a net loss of 372.4 million Canadian dollars ($275 million) for 2022, up substantially over 2021’s CA$226.8 million, due partly to asset impairments in its cannabis retail division. ADVERTISEMENT SNDL, which operates separate cannabis and alcohol retail channels, as well as marijuana production, said noncash inventory and asset impairments amounted to […]

Oregon’s Interstate Commerce Bill for Marijuana Seeds and Intoxicating Hemp Products

I wanted to drop a line today on an interesting piece of cannabis legislation moving through the Oregon legislative session. The bill at issue is omnibus SB 353 (most recent mark-up here). This is a very different SB 353 than its placeholder from back in January when I published our annual Legislative Forecast and Report. […]

North Carolina House Speaker Says Senate-Approved Medical Marijuana Bill Has ‘Better Chance Of Passing’ Than Ever Before

The top North Carolina House lawmaker says that medical marijuana legalization has “a better chance of passing this year than in any time in the past,” and he expects a Senate-passed reform bill to be taken up by his chamber’s Republican caucus within the next month. While the GOP-controlled House has previously blocked medical cannabis […]

Produce and marijuana operator Village Farms gets Nasdaq share price warning

Produce and marijuana company Village Farms International has been warned by the Nasdaq stock exchange about its low share price. The company’s Nasdaq-listed shares (VFF) have closed below $1 since March 7. ADVERTISEMENT Village Farms has until Oct. 17 to become compliant with Nasdaq’s $1 minimum bid price requirement, the Delta, British Columbia-based company said […]

Worms Can Also Get the Munchies from Cannabis, Study Shows

It’s a well-known fact that using cannabis often leads to the “munchies,” prompting consumers to eat more and crave tasty, high-calorie foods. Now, a new study published in the journal Current Biology has found that cannabinoids can give worms the munchies, too — specifically, nematodes (C. elegans).  “Cannabinoids make nematodes hungrier for their favored foods […]

DE gov allows cannabis legalization to take effect (Newsletter: April 24, 2023)

Booker: “resurrect” SAFE Banking; Marijuana & guns bill in Congress; WA employment protections; CO psychedelics; TX decrim vote; NJ homegrow Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Free to […]