Category Archives: Uncategorized

Texas House Approves Bill To Allow Medical Marijuana As Opioid Alternative And Replace THC Limit

The Texas House of Representatives has given initial approval a bill that would allow doctors to recommend medical marijuana to patients as an opioid alternative for chronic pain, bringing it one step closer to final passage in the chamber. The legislation from Rep. Stephanie Klick (R)—which would also replace the THC cap that was established […]

Canadian marijuana producer Phoena winds-down business, blames high taxes

Canadian cannabis producer Phoena Group has been granted creditor protection and is winding down its operations, the company said in court documents. The Vaughan, Ontario-based company – formerly called CannTrust – said it no longer has the financial footing to continue operating. ADVERTISEMENT As a result, Phoena plans to immediately halt the cultivation of new […]

German Officials Will Unveil ‘New Cornerstones’ Of Marijuana Legalization Plan On Wednesday

Top German officials will unveil a revised plan to legalize marijuana nationwide this week. German Health Minister Karl Lauterbach said in a Twitter post on Tuesday that “there will be new cornerstones tomorrow” for the cannabis reform legislation that the government has been preparing. He and Federal Minister of Food and Agriculture Cem Özdemir will […]

Maryland Lawmakers Pass Bill Blocking Police Searches Based On Marijuana Odor, Sending It To Governor

As Maryland’s governor prepares to sign a marijuana sales bill that passed the legislature over the weekend, lawmakers have approved a separate measure to prevent police from using the odor or possession of cannabis alone as the basis of a search. The legislation from Del. Charlotte Crutchfield (D), which passed the House with amendments last […]

New York Approves Nearly 100 New CAURD Licenses

As we previously discussed, on March 28, 2023, the United States Court of Appeals for the Second Circuit narrowed the effects of the November Decision and lifted the injunction that prevented the Office of Cannabis Management (“OCM”) from issuing the Conditional Adult Use Retail Dispensary (“CAURD”) Licenses. The decision has enabled the OCM to issue […]

Tilray discloses $1.2B quarterly loss, plan to buy cannabis rival Hexo for $56M

Canadian cannabis producer Tilray Brands reported a net loss of $1.2 billion (1.5 billion Canadian dollars) for its quarter ended in February and said it agreed to buy troubled rival Hexo Corp. for $56 million. According to a news release, Canada- and U.S.-based Tilray attributed the quarterly red ink to its declining market capitalization and a […]

‘Air’ Tells Story of Nike Signing Michael Jordan

Sonny Vaccaro is a middle-aged, slightly overweight marketing manager at Nike’s ailing basketball division who frequents college games across the country in search of promising players to sign on with his employer. On his way back to Nike HQ in Beaverton, Oregon, in the lonely top-left corner of the United States, he often arranges a […]

Maryland Lawmakers Pass Recreational Marijuana Sales Bill

Lawmakers in Maryland passed legislation over the weekend to regulate commercial cannabis production and sales after months of negotiation on issues including social equity and taxation. The bill, which sets the stage for regulated recreational marijuana sales to begin on July 1, now heads to the desk of Democratic Gov. Wes Moore. The Maryland Senate […]

New Hampshire House Approves Cannabis Legalization Bill

The New Hampshire House of Representatives on April 7 approved bipartisan legislation to legalize cannabis for adults. The measure, House Bill 639 from Republican Representative Jason Osborne and Representative Matt Wilhelm, his Democratic colleague, was approved by the House by a vote of 272-109 late on Thursday. The legislation, which received initial approval from members […]

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