State-legal marijuana businesses would be able to be listed on national stock exchanges and access key financial services under a bipartisan congressional bill that was filed on Thursday. The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act is being sponsored by Reps. Troy Carter (D-LA) and Guy Reschenthaler... Read more
A bipartisan bill to provide military veterans with access to medical marijuana was reintroduced in Congress on Thursday. Reps. Earl Blumenauer (D-OR) and Brian Mast (R-FL), co-chairs of the Congressional Cannabis Caucus, are the chief sponsors of the Veterans Equal Access Act. The measure has been introduced several times... Read more
Finally, medical cannabis is legal in South Dakota, a state that legalized in 2020 before facing numerous hurdles in order to make medical pot official. And still, the state’s dispensaries haven’t started distributing it. The next step to make that happen is a change in regulations, which is currently... Read more
Questions arise after Michigan regulators filed formal complaints against one of the state’s top cannabis testing laboratories last month. Cannabis that tests over 28% THC, and at times over 40%, is subject for an automatic audit, and regulators say the lab results aren’t adding up. Formal complaints were filed... Read more
The MLB stated in a conference call on June 21 that CBD is now an “approved category” which means that teams are now allowed to sell CBD sponsorships as long as the brand has received an NSF certification (a verification that a product has no THC). According to Sports... Read more
The MLB is now reportedly allowing baseball teams in the league to sell sponsorships to cannabis companies that market CBD products, as long as they meet certain criteria. MLB has been among the more progressive professional sports organizations in the U.S. when it comes to marijuana, and this reported... Read more
A bipartisan coalition of 23 state attorneys general sent a letter to congressional leaders on Wednesday, demanding action to prevent the sale of copycat marijuana products that resemble popular food brands. The letter, led by Virginia Attorney General Jason Miyares (R) and Nevada Attorney General Aaron Ford (D), says... Read more
As adult-use cannabis thrives in New York, some residents say their lives are still ruined due to past cannabis convictions that haunt their records. While programs are in place to clear certain types of records, lawyers worry the state isn’t doing enough. The Marijuana Regulation and Taxation Act (MRTA)... Read more
A Canadian company that produces functional mushroom formulations for health and wellness has submitted a request to federal regulators that would allow it to manufacture MDMA and other synthetic psychedelic drugs. If the request made to Canada Health by Optimi Health seeking an amendment to its Controlled Substances Dealer’s... Read more
The Team Kentucky Medical Cannabis Advisory Committee met for the first time on Monday to discuss their responsibilities and two upcoming town hall meetings. The first town hall meeting is set for July 6, in Pikeville, Kentucky. The meeting will be in the University of Pikeville’s Health Professions Education... Read more
