A New Hampshire commission formed to create a cannabis legalization plan for the state held its final meeting this week but failed to produce any recommendations after months of deliberation.  The 19-member commission convened this summer to consider a plan to legalize cannabis for adults under a program that... Read more
An international drug trafficker with possible business ties to a reputed “super cartel” as well as the Italian mafia has handed over the ownership rights to his multi-million dollar private island in an attempt to try and reduce his sentence.  Known drug kingpin Raffaele Imperiale made headlines in 2016... Read more
The day before Thanksgiving, often referred to as “Green Wednesday” in the cannabis industry, saw a record number of sales once again. According to data collected by Jane Technologies, recreational sales on Nov. 22 reached $9,209,061.73—an 18.12% increase from Green Friday sales data in 2022, which landed at $7,795,803,80... Read more
Investing In Marijuana Stocks Here Are 3 To Know About
The Supreme Court on Monday heard the case of a defendant seeking to reduce his criminal penalty for firearm possession as the result of the federal government’s legalization of hemp in 2018. At issue are the boundaries of the Armed Career Criminal Act (ACCA), a 1984 law that imposes... Read more
A particular strain of cannabis flower literally named “Grim Reefer” has been recalled from Arizona dispensaries due to potential mold contamination.  The Arizona Department of Health Services issued a recall Monday for certain cannabis products that may have been contaminated with aspergillus mold. “An Arizona marijuana establishment has voluntarily... Read more
A top member of the Sinaloa cartel responsible for allegedly distributing thousands of pounds of illegal cannabis was shot and killed in Southern California. Eduardo Escobedo, 39, was found dead Thursday close to the intersection of Rosecrans and Towne avenues in Los Angeles, according to the Los Angeles County... Read more
New York’s cannabis regulatory agency on Monday announced that it has reached a settlement in two lawsuits that have been blocking the opening of retail weed dispensaries for months. The settlement sets the stage for more than 400 Conditional Adult-Use Retail Dispensary (CAURD) licensees to finally open their businesses... Read more
Sen. John Fetterman (D-PA) says marijuana legalization is “inevitable.” But yet another one of his home state’s neighbors enacts the reform, he concedes that the path in Pennsylvania has proved more challenging amid GOP resistance to the “common sense” policy that’s backed by the majority of voters. The senator—who... Read more
A New Hampshire commission charged with drafting legislation to legalize marijuana through a system of state-controlled stores decided at its final meeting on Monday not to issue recommendations at all. The conclusion leaves open questions about how lawmakers will proceed with cannabis reform in the coming 2024 session. After... Read more
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