European countries are gradually turning their attention toward cannabis reform as medical and adult-use cannabis steadily become the new status quo in states around the U.S. While Germany gears up to launch its adult-use program next month, Switzerland has embraced an alternative approach in the form of an adult-use... Read more
A recent property tax relief bill in Nebraska is seeking to create new income opportunities for the state, including a variety of sales tax exemptions. This includes adding sales taxes for products like candy and soda, as well as services such as pet care and grooming, but most importantly,... Read more
Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast from a firm specializing in cannabis and hemp business consulting, data, and economic research. The projection from Portland, Oregon-based Whitney Economics estimates that legal sales of medical marijuana... Read more
AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities Represents AFC Gamma’s Second Transaction in Florida’s Growing Medical Cannabis Market WEST PALM BEACH, Fla., March 26, 2024 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that... Read more
A panel of lawmakers in Vermont has advanced a measure that would establish a working group to study whether and how to allow therapeutic access to psychedelics in the state. If the bill is enacted, a report from the working group would be due to the legislature in November... Read more
A Senate-passed marijuana legalization bill in Hawaii has survived a close vote on the House floor, with members narrowly advancing the proposal to its final legislative committee as some lawmakers who oppose the reform warned of dire threats to public safety and everyday life in the state. After nearly... Read more
Since the U.S. Census Bureau first launched a map detailing the proportion of state revenue made up by marijuana tax money last fall, the agency has continued tracking the data, allowing further comparisons to be made over time. In the fourth quarter of 2023, for example, New York recorded... Read more
Former Medford, New Jersey mayor and former New Jersey General Assemblyman Scott Rudder is opening a dispensary in Riverside in his home state. Riverside, a suburb in the greater Philadelphia-Camden area, is a prime location for growth in the cannabis sector. Rudder, who is Republican, founded the New Jersey... Read more
