Photo courtesy of Leafly.com After the excitement of the holiday settles down, it’s a good time to sit back, relax and take a toke. Take a break from your usual indica or sativa-dominant smoking staple and try out some of these appropriately-named strains that could be the cherry on topContinue Reading

Marijuana business financier Chicago Atlantic BDC closed a $100 million senior secured revolving credit line led by a Federal Deposit Insurance Corp.-insured financial firm. Marijuana financier Chicago Atlantic BDC secures $100 million credit line is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ReadContinue Reading

Both chambers of Virginia’s legislature passed identical legislation to legalize recreational marijuana sales on Wednesday, sending the proposal to the desk of Gov. Glenn Youngkin (R). The governor, however, has already indicated he intends veto the bills—as he did with a similar lawmaker-passed proposal last year. Lawmakers in the HouseContinue Reading

Massachusetts renewed its contract with cannabis seed-to-sale software provider Metrc, an agreement the parties have had since the state’s first adult-use stores opened in 2018. Massachusetts renews cannabis tracking contract with Metrc is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: MassachusettsContinue Reading

Rhode Island lawmakers held a hearing on a newly reintroduced bill that would exempt psilocybin from the state’s laws against controlled substances, legalizing possession and home cultivation for personal use. Members of the House Judiciary Committee discussed the proposal from Rep. Brandon Potter (D) on Tuesday, taking expert testimony onContinue Reading

Medical cannabis dispensaries in New Jersey could bypass local bans and start selling recreational marijuana without municipal approval if a bill recently introduced in the state Senate becomes law. New Jersey proposal would weaken local control over recreational marijuana is a post from: MJBizDaily: Financial, Legal & Cannabusiness news forContinue Reading

“We need to be educating individuals on the dangers of this particular substance.” By Mitch Perry, Florida Phoenix A leading Florida critic of daily cannabis consumption urged a legislative panel on Tuesday to increase state funding in elementary schools to warn about the risks of early marijuana use, especially relatedContinue Reading