Canadian cannabis producer SNDL and retail operator Nova Cannabis are amending a previously announced deal in which SNDL will transfer stores to Nova and return shares to the retail company for cancellation, among other things. SNDL, headquartered Calgary, Alberta, is the majority shareholder of Edmonton, Alberta-based Nova after SNDL acquired Nova’s previous parent company Alcanna. […]
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New Mexico’s regulated adult-use marijuana market turned 1 year old on April 1, with first-year recreational sales totaling nearly $301 million. Recreational cannabis sales in the state for March reached a record monthly high of $32.4 million, according to data from the Cannabis Control Division (CCD) of the New Mexico Regulation & Licensing Department. ADVERTISEMENT […]
New Mexico’s regulated adult-use marijuana market turned 1 year old on April 1, with first-year recreational sales totaling nearly $301 million. Recreational cannabis sales in the state for March reached a record monthly high of $32.4 million, according to data from the Cannabis Control Division (CCD) of the New Mexico Regulation & Licensing Department. ADVERTISEMENT […]
Montana lawmakers have defeated a bill that would have legalized psilocybin therapy for adults with certain medical conditions. However, there’s talk about moving a more limited measure to study possible psychedelics reforms. The House Human Services Committee took up the legislation from Rep. Jill Cohenour (D) in a hearing on Wednesday. Members then rejected the […]
Since the Marijuana Regulation and Taxation Act (MRTA) was passed back in April of 2021, New York has made clear that mitigating environmental impact, including energy usage, would be a key component of New York’s adult-use cannabis industry. To wit, the legislators expressly included applicants’ “ability to mitigate adverse environmental impacts, including but not limited […]
President Joe Biden has issued a proclamation declaring April “Second Chance Month” for people who have served time in prison, and in the document he took the opportunity to tout his marijuana pardons and address the collateral consequences of cannabis convictions. The proclamation, issued on Friday, isn’t directly focused on marijuana clemency. It’s more broadly […]
People living in a conservative state with one of the worst state policies on cannabis in the country are crossing the border to illegally obtain cannabis in Oregon. Residents of Boise, Idaho, where cannabis is illegal, simply have to drive less than an hour to Ontario, Oregon to buy pot and officials aren’t happy. The […]
The governor of New Mexico is marking the one-year anniversary of the state’s adult-use marijuana market, touting its more than $300 million in sales since last April as well as the thousands of jobs the cannabis industry has created. Gov. Michelle Lujan Grisham (D) said on Monday that sales have been steady throughout the past […]
While the United States has seen immense progress regarding cannabis law reform and reshaping the public opinion of the drug over the years, the continued lack of federal legalization and regulation is clear, especially in its effects on groups like veterans. Canada, which has legal cannabis throughout the country, introduced the Veterans Affairs Canada (VAC) […]
New York cannabis regulators last week offered new assistance to entrepreneurs in the state’s emerging cannabis industry with the launch of an accelerator program for recreational marijuana dispensary owners. Under the new program announced by the New York Office of Cannabis Management (OCM) on Friday, the state’s Conditional Adult-Use Retail Dispensary (CAURD) license holders will […]