Rapid growth for Georgia medical cannabis industry since reform
Georgia’s medical cannabis program now tops 40,000 patients, with 4,700 joining since new rules added edibles, vapes and new conditions. Rapid growth for Georgia medical cannabis industry since reform is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Rapid growth for GeorgiaContinue Reading
The cannabis CEO behind a $2.1 billion sale bets again, but smaller
After selling Harvest to Trulieve for $2.1 billion, Jason Vedadi runs Story Cannabis, betting on profit over footprint as rescheduling looms. The cannabis CEO behind a $2.1 billion sale bets again, but smaller is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More:Continue Reading
Bankrupt marijuana MSO Cannabist breakup continues with New Jersey cultivation closure, retail selloff
Two cannabis cultivation sites in New Jersey operated by The Cannabist Co. will close while another three retailers will be sold to competitor Vireo Growth as part of bankruptcy proceedings. Bankrupt marijuana MSO Cannabist breakup continues with New Jersey cultivation closure, retail selloff is a post from: MJBizDaily: Financial, LegalContinue Reading
Bipartisan effort to save (and tax) hemp THC products introduced in Congress
A proposal introduced in Congress on Wednesday would regulate and tax hemp THC products under federal law, but the hemp THC ban is still approaching for now. Bipartisan effort to save (and tax) hemp THC products introduced in Congress is a post from: MJBizDaily: Financial, Legal & Cannabusiness news forContinue Reading
Massachusetts adult-use marijuana sales repeal advances to November ballot
The Massachusetts marijuana repeal question threatens the state’s $1.65 billion adult-use cannabis market. Massachusetts adult-use marijuana sales repeal advances to November ballot is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Massachusetts adult-use marijuana sales repeal advances to November ballotContinue Reading
Alabama Officials Hold Hearing On Whether To Reschedule Marijuana In Line With Trump’s Federal Move
“This sends a powerful message to the public that this drug has an accepted medical use, and presents a relatively low risk.” By Andrea Tinker, Alabama Reflector A group of conservative activists Wednesday registered objections to the federal rescheduling of marijuana with the Alabama Department of Public Health (ADPH). TheContinue Reading
New Bipartisan Bill In Congress Would Keep Hemp THC Products Legal, With New Taxes And Regulations
Bipartisan congressional lawmakers have filed a new bill that would allow continued sales of certain hemp-derived THC products, partially scaling back a broad ban that is scheduled to take effect later this year. The new Lawful Hemp Protection Act, introduced by Reps. Andy Barr (R-KY) and Angie Craig (D-MN) onContinue Reading
Feds Couldn’t Punish Insurance Companies For Covering Marijuana Businesses Under New Bipartisan Senate Bill
A bipartisan pair of U.S. senators have filed a bill to provide a safe harbor to insurance companies that work with state-legal marijuana businesses. The Clarifying Law Around Insurance of Marijuana (CLAIM) Act was introduced on Tuesday by Sens. Kevin Cramer (R-ND) and Ruben Gallego (D-AZ). The legislation would protectContinue Reading
Kentucky Lawmakers Consider Proposal To Allow Medical Marijuana Use In Hospitals
A Kentucky legislative committee is considering a proposal to allow terminally ill patients to use medical marijuana in hospitals. The legislature’s Interim Joint Committee on Health Services heard testimony about the idea on Thursday, with advocates saying it can allow patients to relieve pain while still being alert and ableContinue Reading
Marijuana Helps People Reduce Opioid Consumption And Curbs Withdrawals, Federally Funded Study Finds
Marijuana can help people reduce use of unregulated opioids and manage withdrawals from those substances, according to a new federally funded study. The research, published in the Journal of Cannabis Research, surveyed 197 people in Vancouver, Canada who reported using both cannabis and unregulated opioids such as fentanyl or heroin.Continue Reading