President Joe Biden says his administration is “making sure” people are not incarcerated over marijuana possession, while arguing that prior cannabis convictions should be expunged. During a speech at the 115th NAACP National Convention on Tuesday, the president briefly touched on his marijuana policy position amid ongoing speculation about hisContinue Reading
The NBA landscape is changing when it comes to the acceptance of cannabis and its use and the association of its players doing business in the industry. A 2023 decision by the league to allow players to use marijuana and for them to invest in companies that sell CBD orContinue Reading
The Food and Drug Administration (FDA) and Federal Trade Commission (FTC) have sent another round of warning letters to several companies for allegedly marketing products containing delta-8 THC “in packaging deceptively similar to many foods children eat such as Froot Loops and Chips Ahoy! chocolate chip cookies.” In notices postedContinue Reading
Members at this year’s annual meeting of the National Conference of Weights and Measures (NCWM) are set to vote this week on a proposal concerning acceptable moisture loss in cannabis plant material, a limit meant to protect patients and consumers from buying packages that weigh less than advertised. If theContinue Reading
Ascend Wellness announces one of the largest debt deals ever among Cannabis Companies Image Cannabis News July 16, 2024 Company is using proceeds of $235 million debt offering to prepay a three-year note. Ascend Wellness on Monday announced one of the largest-ever debt-raising transactions for a U.S. cannabis company, withContinue Reading
California awards $2M to Cannabis restoration projects Image Cannabis News July 16, 2024 The California Department of Fish and Wildlife recently announced an award of over $2M to be divided between three cannabis restoration projects. The awards come amid fish and wildlife within the state being “severely impacted by illicitContinue Reading
Snoop Dogg Opens First Pot Shop And Launches 2Pac Cannabis Line Image Cannabis News July 16, 2024 Snoop Dogg Launches First Licensed Cannabis Dispensary Near LAX. Hip-hop icon Snoop Dogg opened his first licensed cannabis dispensary over the weekend, offering Los Angeles residents and visitors a glimpse into the rapper’sContinue Reading
