A federal appeals court heard oral arguments on Thursday in a case concerning the constitutionality of the federal ban keeping medical marijuana patients from purchasing or possessing firearms. A three-judge panel of the U.S. Court of Appeals for the Eleventh Circuit listened and asked questions as attorneys for Florida... Read more
A New Hampshire commission charged with preparing legislation to legalize adult-use cannabis through a system of state-run stores heard testimony from leaders of the state’s medical marijuana program on Thursday, during a meeting that at times was marked by visible impatience and frustration. The bulk of the meeting centered... Read more
The governor of California has vetoed a bill to legalize certain psychedelics and create a pathway to regulated access—a move that comes at a time when two states have already enacted comprehensive psychedelics policy reform and as two campaigns are working to put the issue on California’s 2024 ballot.... Read more
With early voting in Ohio beginning next week, the campaign behind a ballot measure to legalize marijuana released a new campaign ad on Friday in support of the policy change. Attorney General Dave Yost (R), meanwhile, published an analysis of the initiative that he said is meant to provide... Read more
The American Nurses Association (ANA) announced last week that it now formally recognizes cannabis nursing as a specialty practice. The professional association, which represents the interests of the more than 5 million nurses in the nation, also noted that cannabis nursing is identified by the American Cannabis Nurses Association... Read more
The city council in Portland, Maine “voted 6-3 to pass a resolution deprioritizing prosecution for possession” of magic mushrooms and other psychedelic drugs, according to local news outlet News Center Maine, and NBC affiliate. The outlet noted that the resolution does not decriminalize such psychedelics, as has been reported... Read more
Picking Winners: Top US Cannabis Stocks to Watch in 2023
Lowell Farms Inc. Announces Repurchase of $22 Million of Senior Secured Convertible Debentures California cannabis leader repurchases all outstanding senior secured convertible indebtedness SALINAS, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born vertically integrated cannabis company with advanced production... Read more
Legal marijuana in Illinois saw “unprecedented growth” in fiscal year 2023, says a new annual report from the state’s Department of Financial and Professional Regulation (IDFPR), with the opening of 28 new retailers and more than $1.5 billion in total retail sales. Total tax revenue from the industry dropped... Read more
Arkansas’s recently enacted law permitting medical cannabis patients to obtain concealed carry gun licenses “creates an unacceptable risk,” and could jeopardize the state’s federally approved alternative firearm licensing policy, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) says. The Arkansas law took effect in August, clarifying that a person’s... Read more
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