A GOP congresswoman says that while she supports the push to federally reschedule marijuana, she is warning a top Biden administration official to refrain from taking steps to more broadly decriminalize other drugs. At a hearing before the House Education and the Workforce Committee on Wednesday, Rep. Lori Chavez-DeRemer... Read more
German lawmakers are set to consider amendments to a marijuana legalization law that took effect last month, with committees of the nation’s parliament scheduled to begin debate on changes related to cannabis cultivation at social clubs and impaired driving this week. One of the proposals set to be taken... Read more
AYR Wellness Reports First Quarter 2024 Results Q1 Revenue up 3% Q/Q to $118.0 Million, Excluding Discontinued Operations Q1 GAAP Loss from Operations Improved to $2.0 Million, Excluding Discontinued Operations Q1 Adjusted EBITDA¹ up over 10% Y/Y to $29.1 Million, with Adjusted EBITDA Margin of 25% Company generated free... Read more
Cresco Labs Reports Continued Trend of Financial Improvement with First Quarter 2024 Financial Results Over 10x year-over-year increase in operating cash flow CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of... Read more
“The fact that the head of one of the state’s few Black-led agencies has been scapegoated for all the challenges identified in the OGS report is unconscionable.” By Shekia Scott & Cat Packer, Cannabis Regulators of Color Coalition The Cannabis Regulators of Color Coalition (CRCC) is profoundly shocked and... Read more
Nebraska activists say they’ve met a key signature gathering requirement to place a pair of medical marijuana legalization initiatives on the state’s November ballot. In an email blast to supporters on Tuesday, Nebraskans for Medical Marijuana (NMM) said they’ve now collected valid petitions from at least five percent of... Read more
A new study by Johns Hopkins University researchers on the effects of psychedelics suggests that—contrary to some earlier evidence—a single psilocybin experience isn’t likely to make an atheist believe in God or dispel someone’s sense of free will. It may, however, inspire the belief that animals, plants or even... Read more
A top official with the U.S. Department of Veterans Affairs (VA) says there’s an “unstoppable narrative” in support of advancing psychedelic medicine, with a combination of compelling personal stories of recovery and robust clinical data from studies he’s hoping to expand upon. He also said bipartisan acceptance of psychedelics... Read more
