Following a major 2018 judgment, which decriminalized the private use of cannabis, it appears that South Africa could finally be inching toward legalization of personal cannabis use. However, there are a number of asterisks — as there often are when it comes to cannabis reform. On Tuesday, the South... Read more
Thousands of cannabis shops opened across Thailand after the nation became the first in Asia to decriminalize cannabis, and there are no signs of a slowdown as opposition to the industry grows, led by the country’s new prime minister. On June 9, 2022, Thailand removed cannabis from the nation’s... Read more
A report, issued on Tuesday by Bianchi & Brandt, “assesses the current mergers and acquisitions environment, reflects on the impact of regulatory changes to federal legality—including access to traditional banking—and takes a deep look at the viability of U.S. cannabis operators and global investors who are fueling the industry,”... Read more
AYR Wellness Reports Third Quarter 2023 Results Revenue up 5% Y/Y to $114.4 Million, Excluding Discontinued Operations GAAP Loss from Operations Improved 92% Y/Y to ($1.5) Million, Excluding Discontinued Operations Generated over $20 Million of Operating Cash Flow in the Third Quarter Adjusted EBITDA1 up 52% Y/Y to $28.4... Read more
New state guidance for addiction services and treatment programs in New York advises against routine screening for marijuana use, an approach designed to parallel that used for alcohol. Some clinicians see the change, which is being implemented following the state’s legalization of cannabis, as a step away from an... Read more
A Massachusetts company that bills itself as “the first and only licensed provider of psychedelic health plans” announced on Tuesday that it will cover psilocybin-assisted therapy in states where it’s legal. “Given the evidence of effectiveness seen in clinical trials in the U.S. and elsewhere, we have decided to... Read more
Canadian cannabis advocates are calling on the federal government to relax strict limits on the potency of cannabis edibles with a petition seeking a tenfold increase in maximum permitted THC levels. Canada legalized cannabis through an act of Parliament in 2018, and retail sales of cannabis extracts and edibles... Read more
In last week’s seventh annual Cannabis Start-Up Competition at Boston University (BU) in Massachusetts, on the same night Ohio became the 24th state to legalize adult-use cannabis, a stoner-friendly app JoinME took home the grand prize. It enables users to locate and meet up and join with stoners who... Read more
