The New Hampshire House of Representatives approved a bill on Thursday that would eliminate criminal and civil penalties for possessing and growing small amounts of pot. The legislation, House Bill 1648, was sponsored by Republican Rep. Carol McGuire and a bipartisan group of seven cosponsors. The bill was approved... Read more
Amid a flurry of tweaks to the medicinal marijuana system in the state, Oklahoma legislators have advanced bills that would alter the state’s cannabis regulations, including one that could bring cannabis delivery to medical cannabis patients. This week, Rep. Jon Echols’ House Bill 3227 was passed unanimously by a... Read more
Hemp production in the U.S. has scaled up rapidly since lawmakers lifted federal prohibition of the crop, with more acres of hemp grown in the country today than at any point since the 1940s. But the fledgling industry is still very much in flux, and reporting practices that vary... Read more
One week after bills to decriminalize marijuana in Virginia were passed by both the House and Senate, they advanced again on Wednesday in committee votes, where they were revised in an effort to ease the path to the governor’s desk. The goal was to make the language of the... Read more
For Colorado’s six-year-old legal marijuana industry, 2019 was a new high. Cannabis dispensaries in the state sold more than $1.74 billion worth of marijuana products, a record total. The staggering findings were released by the Colorado Department of Revenue, and first reported by Westword. The $1.74 billion figure represents... Read more
House of Saka, Inc., a Napa Valley, California company that makes alcohol-free, cannabis-infused beverages, is welcoming Sue Bachorski to its Senior Executive team in the role of Chief Operating and Financial Officer. Bachorski is joining House of Saka after spending 30 years as a Senior Operations and Finance Executive... Read more
Cannabis legalization in Pennsylvania has both enjoyed the support of the governor and been subject to the reluctance of the state’s Republican legislators. On Tuesday, another push to regulate the drug was initiated when Rep. Jake Wheatley introduced House Bill 2050. Wheatley has proposed cannabis legalization in the past,... Read more
A bill that would legalize the medicinal use of cannabis in Alabama was approved by a legislative committee on Wednesday, clearing the way for a vote by the full Senate later this session. The bill was approved by a vote of 8-1 by the Senate Judiciary Committee, prompting applause... Read more
Farmers feeling the effects of an oversupply of hemp for CBD are looking to minor cannabinoid production as another option to make the kind of profit margins they thought they would see from entering the hemp space. More hemp plant breeders are offering genetics for CBG production in 2020,... Read more
On February 11, Greenrose Acquisition Corp. (NASDAQ: GNRSU) priced a $150 million initial public offering, becoming the latest in a series of cannabis-focused “blank check” companies to go public. Based in Woodbury, New York, Greenrose sold 15 million units priced at $10 each. Imperial Capital LLC and I-Bankers Securities... Read more
