Biden administration seeks to reclassify marijuana from Schedule 1 to Schedule III. What this means and its impacts on businesses
The president’s proposal must be reviewed by the White House Office of Management and Budget before undergoing a public comment period.
EBCI inches toward adult marijuana use
Adults may soon be able to purchase marijuana for recreational use from Cherokee’s new dispensary. At a work session last week, the Eastern Band of Cherokee Indian’s Tribal Council discussed several …
Jones Soda’s Marijuana Drinks Bring In 200% Higher Q1 Revenue, Co. Eyes Expansion And Praises New Hemp Delta-9 Products
Jones Soda Co. (CSE:JSDA) (OTCQB:JSDA) reported its financial results for the first quarter ending March 31, 2024, revealing revenue improvement of 39% year-over-year reaching $5 million, from $3.9 …
Marijuana companies are spending millions in the run up to recreational sales launch
Medical marijuana sales began in Ohio in January 2019. Since then, and through March 25, licensed companies have sold $1.78 billion in cannabis flower and manufactured products. That includes $484.4 …
Why Aurora Cannabis, Tilray Brands, and SNDL Inc. Stocks Lit Up on Tuesday
Weed stocks lit up in response. As of 2 p.m., Aurora Cannabis (NASDAQ: ACB) shares were up 6%, Tilray Brands (NASDAQ: TLRY) was up 6.8%, and SNDL Inc. (NASDAQ: SNDL) was doing best of all, scoring a …
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
91% favor reforms as public comments for marijuana rescheduling close
A sixty-day public comment period regarding the proposed move to reschedule marijuana concluded on Monday, with 91% of comments showing support for reforms, according to data compiled by Headset, a …
91% favor reforms as public comment period for marijuana rescheduling ends
The public overwhelmingly supports cannabis reform, with 91% of comments in favor of rescheduling or legalizing marijuana, according to Headset data. Read more here.
US, Canadian Pot Firms Eye Germany for Growth as Market Stagnates at Home
North American cannabis firms, facing prohibitive laws, an overcrowded market and a deeply entrenched illicit sector at home are ramping up investments in Germany after the country partly legalized …
Feds To Weigh 40,000 Marijuana Rescheduling Comments From Governors, Lawmakers, Health Experts And Advocates
Tens of thousands of people and organizations weighed in on the federal government’s marijuana rescheduling proposal ahead of the close of public comment on Monday night. That includes governors, …
CEO Convicted for $28M Long-Running Investment Fraud Scheme
Jackson, 71, of Honolulu, was Semisub’s CEO in addition to holding other corporate positions, and fraudulently solicited investments in Semisub … psychics, and marijuana. Jackson also sent a death …
State of Texas: Leaders weigh marijuana options after local decriminalization measure fails
An effort to decriminalize small amounts of marijuana appeared on the ballot recently in another Texas community, and the results turned out differently than similar …
Rescheduling is good news for California’s marijuana industry, but the state still needs to reduce regulations and taxes
The DEA’s rescheduling of marijuana would be a welcome step in helping the state’s legal cannabis market compete and succeed.
Marijuana move could help Biden in key voter group
while the administration and environmental groups have touted the Inflation Reduction Act as the largest investment ever in combating climate change. But like the recent action on marijuana, critics …
Cannabis REIT NewLake’s Q1 2024 Revenue Grows 10.4% Hitting $12.6M, CEO Is Optimistic About Possible Marijuana Rescheduling
In terms of investment, NewLake’s activity remains robust, with approximately $7.9 million funded for tenant improvements across various properties in Q1 2024. Additionally, the company’s prudent …
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