The recreational cannabis industry in Oregon is in its “weakest” economic position since the legal market launched in 2016, according to a new report released by state regulators. The report, released last week by the Oregon Liquor & Cannabis Commission, detailed that, after a “banner sales year” in 2020,... Read more
Sen. Ron Kouchi introduced Senate Bill 1454 on Jan. 25, which was unanimously passed in the Hawaii Senate Committee on Health and Human Services (HHS) on Feb. 6. If the bill becomes law, it would establish a “therapeutic psilocybin working group” (managed by the Office of Wellness & Resilience... Read more
Raekwon, aka Raekwon the Chef of Wu-Tang Clan, will open a Hashstoria dispensary and cannabis lounge on Broad Street in Newark, New Jersey. The new location will be housed in a historic building in the core of Newark’s Four Corners District located downtown. Co-founded by Raekwon, Hashstoria is a... Read more
New York City officials announced this week that they would take new steps to address the city’s growing number of unlicensed cannabis retailers in a bid to bolster the rollout of the regulated market for recreational marijuana. At a press conference in Manhattan on Tuesday, New York City Mayor... Read more
Top Marijuana Stocks In Todays Market
A bill to create a state working group to study the therapeutic benefits of psilocybin is advancing in the Hawaii Senate with the support of the governor’s office. SB 1454, which was introduced at the end of January by Sen. Ron Kouchi (D), unanimously passed the Senate Health Committee... Read more
A bill to legalize marijuana in Minnesota advanced through its seventh House committee on Tuesday, just two days after the Senate companion was approved in its fourth panel in the chamber. The measure from Rep. Zack Stephenson (D) is about halfway through its committee process in the House, and... Read more
The Florida Department of Health announced last week that it will open a new round of licensing for medical marijuana businesses that will double the number of vertically integrated cannabis operators in the state. In an emergency rule released on Friday, the health department revealed that 22 new medical... Read more
A federal judge in Oklahoma City ruled last week that a federal law that prohibits cannabis users from owning firearms is unconstitutional and must not be enforced by prosecutors. Citing a ruling handed down by the U.S. Supreme Court last year that dramatically expanded gun rights, U.S. District Judge... Read more
Right on schedule, two companion bills to regulate adult-use cannabis sales by July 1 were unveiled in Maryland. Two pieces of legislation to award licenses, regulate the sale of cannabis, and set tax rates were filed Friday in both Maryland’s House and Senate. WBAL-11 TV reports that the 120-page... Read more
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