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Canadian cannabis producer Aleafia Health has launched a strategic review process to determine the company’s options as it amends the terms of a loan from lender NE SPC II. Aleafia is currently in breach of the loan’s financial covenants, according to a Thursday news release. ADVERTISEMENT The loan was previously payable on demand, but NE […]
Montana’s adult-use marijuana industry will remain closed off to new entrants for at least two more years. That was among the changes to Montana’s adult-use industry under House Bills 128 and 903, which Republican Gov. Greg Gianforte signed into law this week. ADVERTISEMENT According to Helena TV station KTVH: HB 128 extends an existing moratorium […]
Vertically integrated California cannabis operator Lowell Farms sold its Monterey County processing plant for $19.4 million to New Wilston Associates and entered a leaseback agreement with the company. Under terms of the deal, Lowell signed a 10-year lease on the 10-acre site, which includes a 40,000-square-foot facility where it cultivates and processes marijuana for its […]
Drug policy reform advocates are condemning the House’s passage of a bill that would ramp up federal criminalization of fentanyl analogues—criticizing the move as a backwards, punitive response to the overdose crisis—even if it does contain additional provisions to streamline research into Schedule I drugs like marijuana and psychedelics. The House approved the Halt All […]
VOOPOO DRAG M100 S KIT REVIEWED BY BIGBOB2322 Hello folks and welcome back for my review of the Drag M100 S Kit from Voopoo. There have been many versions of the Drag series of devices in the past with the M100 S being the latest as of today’s date. The Drag M100 S is a […]
Canadian holding company Chalice Brands, doing business as Chalice Farms, filed court documents asking to place five of its Oregon subsidiaries under receivership. The subsidiaries, which are part of Oregon’s third-largest retail chain, are unable to pay roughly $35 million in debts, Willamette Week reported. ADVERTISEMENT Chalice filed documents with Multnomah County Circuit Court on […]
The Nevada Senate has approved a resolution urging Congress to federally legalize marijuana. About a month after the Assembly passed the legislation from Assemblyman Reuben D’Silva (D), the Senate advanced it in a vote of 18-3 on Wednesday. It states that cannabis has “many well documented medical uses,” yet remains a Schedule I drug under […]
Minnesota is poised to legalize adult-use cannabis with the approval of HF 100 by the state legislature. Governor Tim Walz is expected to sign the bill soon (and may in fact have done so by the time this post goes live), making Minnesota the 23rd state (plus DC, Guam, the Marianas, and the Virgin Islands) […]
The Louisiana House of Representatives has approved a bill to streamline expungements for people with first-time marijuana possession convictions. The legislation from Rep. Delisha Boyd (D) cleared the chamber in a 69-30 vote on Tuesday, sending it to the Senate. It makes it so people who are convicted of possessing up to 14 grams of […]