More than 200,000 signatures submitted to regulate tax Marijuana
More than 200,000 signatures submitted to regulate tax Marijuana Image Cannabis News July 6, 2023 Ohioans may get a say on whether the state should legalize recreational marijuana. The Coalition to Regulate Marijuana Like Alcohol just submitted over 200,000 signatures for their proposal on the November ballot. If it passes,Continue Reading
New York Cannabis social equity fund secures $150 Million investment
New York Cannabis social equity fund secures $150 Million investment Image Cannabis News July 6, 2023 New York Governor Kathy Hochul announced last week that the state’s cannabis social equity fund has secured a $150 million investment from Chicago Atlantic. New York Governor Kathy Hochul last week announced that theContinue Reading
Matt Gaetz proposes to ban Marijuana testing in the US Military
Matt Gaetz proposes to ban Marijuana testing in the US Military Image Cannabis News July 6, 2023 Matt Gaetz has introduced an amendment to the National Defense Authorization Act (NDAA) to ban marijuana testing for members of the military both during the processes of enlistment and when accepting a commission.Continue Reading
Overuse of Marijuana linked to surgery complications and death
Overuse of Marijuana linked to surgery complications and death Image Cannabis News July 6, 2023 Clinical overuse of marijuana is linked to a variety of complications after major elective surgery, including blood clots, stroke, breathing difficulties, kidney issues and even death, a new study found. “Our findings complement previous studiesContinue Reading
Weed sales in decline in largest drop since legalization
Weed sales in decline in largest drop since legalization Image Cannabis News July 6, 2023 Denver reported a 22% decline in marijuana sales from 2021 to 2022 as weed sales cool across the state. DENVER — Denver’s weed sales are coming down from a high – and they’re coming downContinue Reading
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization Image Cannabis News July 6, 2023 BALTIMORE – Days after recreational cannabis became legal in Maryland, dispensaries across the state continue to see record sales. The Maryland Cannabis Administration reported $10.4 million in sales over the Fourth ofContinue Reading
Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse
Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse Image Cannabis News July 6, 2023 MedMen appoints Ellen Deutsch as CEO in Last-Ditch effort to salvage company amid impending financial collapse. Cannabis firm MedMen announced Wednesday its fifth CEO since 2020 with theContinue Reading
FDA Issues Guidance for Psychedelics Clinical Trials
The US Food and Drug Administration (FDA) has issued new draft guidance that highlights key considerations for researchers conducting clinical trials of psychedelic drugs for the treatment of medical conditions. The move, which was announced by the agency on June 23, marks the first time the FDA has issued guidanceContinue Reading
CBD Company Sponsors Media Softball League With Teams From Wall Street Journal, BuzzFeed And More
The New York Media Softball League (NYMSL)—which has teams representing The Wall Street Journal, High Times and BuzzFeed among its ranks—is one of the latest athletic organizations to embrace the cannabis industry, launching a new sponsorship deal with a Kentucky-based CBD company. Cornbread Hemp will become a sponsor of theContinue Reading
FDA And FTC Send Warning Letters About ‘Copycat’ Delta-8 THC Products Resembling Popular Food Brands Like Doritos
The Food and Drug Administration (FDA) and Federal Trade Commission (FTC) have teamed up to send warning letters to six companies that the agencies say are unlawfully selling “copycat” delta-8 THC products that are misleadingly packaged to mimic popular brands like Doritos, Cheetos and Jolly Ranchers. The market for delta-8Continue Reading
