Eight in ten Americans now live in a county with at least one marijuana dispensary, according to a new report from the Pew Research Center. The analysis also shows that high concentrations of retailers often “cluster” near borders abutting other states that have “less permissive cannabis laws”—indicating that there’s... Read more
A day after the Virginia legislature sent a retail marijuana sales bill to Gov. Glenn Youngkin (R), a spokesperson in his office told Marijuana Moment that there’s no new update on the governor’s stance on the issue, instead citing earlier comments in which he said he doesn’t “have any... Read more
Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA that it move cannabis from Schedule 1 to Schedule 3, and the move continued into September. October wiped out the... Read more
A Maryland House of Delegates committee considered a Republican-led bill on Tuesday that would reinstate the ability of law enforcement to stop and search vehicles over the smell of marijuana. Democrats pushed back strongly against the proposal, however, noting the state’s history of police disproportionately stopping people of color.... Read more
Former U.S. Rep. Ed Perlmutter (D-CO) didn’t waste much time after retiring from Congress to revive his push for a bipartisan marijuana banking bill he championed for a decade—this time from the private sector, as a policy advisor now lobbying for the reform on behalf of a national cannabis... Read more
A Republican-backed proposal in Florida to impose limits on THC potency in marijuana appears to have flamed out in the state’s legislative session. GOP lawmakers there introduced two measures –– House Bill 1269 and Senate Bill 7050 –– that would “sought to preemptively ban adults’ access to cannabis flower products containing... Read more
California was the first state to legalize medical cannabis back in 1996, 20 years later ushering in adult-use legislation. Now, the Golden State has the single largest cannabis market in the world.  As cannabis has gradually become more ingrained into the fabric of the state, and the country as... Read more
The DEA issued a letter Monday directed at online retailers selling pill presses, informing them that they are required to report sales of these presses to the DEA. According to the DEA, pill presses are commonly used to disguise the deadly opioid fentanyl by replicating existing prescription medications. These... Read more
March Madness: The Cannabis Penny Stocks Set to Soar in 2024
CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the fourth quarter and full year... Read more
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