The Justice Department is asking a federal court for more time to respond in a lawsuit surrounding the legality of safe drug consumption sites where people could use currently illicit substances in a medically supervised environment. And while the would-be operators of the overdose prevention center at the center... Read more
Oregon Gov. Kate Brown (D) says her recent move to grant marijuana pardons is “very much a racial justice issue.” The governor spoke about her mass pardon of more than 45,000 people for state-level cannabis possession offenses at a forum hosted by the American Civil Liberties Union (ACLU) and... Read more
A New Jersey Assembly committee has approved a bill to provide state-level protections for banks and insurers that work with licensed marijuana businesses. The Assembly Financial Institutions and Insurance Committee passed the bill from Assemblymember Verlina Reynolds-Jackson (D) with nearly unanimous support on Monday. The bill would not immunize... Read more
The newly elected House Democratic leader says marijuana reform is one policy area where he believes there can be further bipartisan progress in the next Congress, even with Republicans in the majority. Rep. Hakeem Jeffries (D-NY) discussed his vision for the 118th Congress during an appearance on ABC News’s... Read more
Marijuana-related criminal cases are clogging local courts in Pennsylvania and putting an unnecessary burden on scarce law enforcement resources, according to a new study from a justice reform advocacy organization. The Lehigh Valley Justice Institute, a nonpartisan research and advocacy group based in Allentown, Pennsylvania, reviewed 27,826 criminal cases... Read more
If you’re a medical cannabis patient in Nevada, smoke up: medical cannabis patients in the state were recently empowered to consume cannabis on their own time after a landmark decision in court. On December 1, the Nevada Supreme Court ruled that employees in the state have the right to... Read more
Democratic Senator John Hickenlooper of Colorado on Thursday introduced legislation designed to prepare the country for national cannabis legalization, laying the groundwork for drafting regulations to govern legal marijuana at the federal level. The bill, the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Act, directs... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Despite... Read more
Aurora Cannabis Repurchases ~$103 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry Balance Sheet Remains in Net Cash Position, Further Strengthened with Accretive Debt Reduction EDMONTON, AB, Dec. 5, 2022 /PRNewswire/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NASDAQ: ACB) (TSX: ACB), the Canadian... Read more
Florida’s agriculture commissioner is calling out Gov. Ron DeSantis (R) over his decision to cancel an executive clemency board meeting that she hoped would be used to facilitate pardons for people with marijuana convictions on their records. Agriculture Commissioner Nikki Fried (D) sent a letter to the governor on... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )