After breaking a long negative streak in July of 17 straight months down with a rally of 4.3%, the Global Cannabis Stock Index fell 1.3% in August. In September, it posted a new all-time closing low on 9/30 at 11.26 and ended the month down 25.9%. In October, the index lifted... Read more
The Connecticut Department of Consumer Protection (DCP) recently informed three medical cannabis producers that they will receive an expanded producer license, which will allow them to work with both medical cannabis and adult-use cannabis products. DCP Commissioner Michelle H. Seagull said in a press release that this is one... Read more
This is the eulogy I gave for my friend on Tuesday. To honor his memory I’m sharing it here with the larger community. Please keep his family in your thoughts through this impossibly difficult time. In the early morning hours of November 15th we lost our brother Jesse unexpectedly.... Read more
A number of military veterans in South Carolina are pushing lawmakers in the state to legalize medical marijuana. Local news station WACH reports this week on the group of vets, who “say it needs to be a top priority for lawmakers when they return to the state house in... Read more
A woman who attended a Florida wedding earlier this year has filed a lawsuit against the caterer for the event, alleging that the business served food infused with cannabis at the reception. Virginia Ann Taylor-Svoboda, the plaintiff in the legal action, says that she “became immediately ill” after unknowingly... Read more
Officials in Berkeley, California are set to consider a proposal that would decriminalize psychedelics, including LSD. The measure is a byproduct of a years-long project that has “lingered for three years in the Berkeley City Council,” according to Berkeleyside, which added that the council is set to “come back... Read more
Illinois has a new top cannabis regulator following an appointment from Gov. J.B. Pritzker on Monday. Pritzker announced that Erin A. Johnson will now serve as the state’s Cannabis Regulation Oversight Officer. Johnson replaces Danielle Perry, who left the role earlier this year. “Erin Johnson’s commitment to equity will... Read more
TerrAscend Reduces Outstanding Debt by US$30 Million Elects to pay down $30 million of its maturing $55 million senior secured Michigan loan, refinancing the remaining $25 million TORONTO, Nov. 30, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today... Read more
A major national banking association, along with 44 state partners, is asking Senate leadership to bring a House-passed marijuana banking reform bill to a vote on the floor “without further delay.” In a letter sent to Senate Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-KY) on... Read more
