Ohio state Senate President Matt Huffman said last week that he will not act on a petition to legalize recreational cannabis and dared reform activists advancing the proposal to take the issue to voters in a statewide election. Huffman, one of the most powerful Republican lawmakers in Ohio and... Read more
The entire cannabis conversation in Europe is still in very sticky legal territory, no matter the ongoing victories and the ones obviously on the way. This includes, at a regional, EU level, a definition of what CBD is (namely not a narcotic substance), but a concerted failure, so far,... Read more
Ayr Wellness Closes Acquisition of Levia Cannabis Infused Seltzer MIAMI, Feb. 15, 2022 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that it has closed the acquisition of Cultivauna, LLC, the owner... Read more
Trulieve Acquires 64,000 sq. ft. Cultivation Facility in Phoenix TALLAHASSEE, Fla., Feb. 15, 2022 /PRNewswire/ — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced it has completed the acquisition of an operational 64,000 sq. ft.... Read more
A Maryland House committee began discussion this week of a pair of bills to legalize and regulate cannabis in the state—one that would ask voters whether legalize cannabis use and possession by adults 21 and older, and another that would begin the work of crafting rules for the would-be... Read more
iPower Reports Fiscal Second Quarter 2022 Results Fiscal Q2 Revenue up 52% to $17.1 Million Driven by Accelerated Growth of In-House Branded Products iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time DUARTE, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or... Read more
Almost alone in a sea of naysayers (globally) right now, South Africa appears to be moving forwards, no holds barred, in creating a regulatory scheme for the burgeoning local cannabis industry. While this has been in the cards since 2019, it has just gotten a turbo boost—and from the... Read more
Efforts to tweak Virginia’s cannabis laws have reached an impasse in the state’s general assembly, with a senior Republican lawmaker saying last week that the clock is ticking for legislators to get something done before the session ends. As reported by the Associated Press, Terry Kilgore, the majority leader... Read more
The Tennessee Valley Authority has walked back a threat made earlier this month to deny electricity service to cannabis operations, acknowledging in a statement on Thursday that the agency is required to provide power to all customers in its service area. “We want to be clear about TVA’s position... Read more
“We strongly believe in the rights of Missouri voters to directly bring about good public policy through a process that has served the state well for decades.” By Jason Hancock, Missouri Independent A handful of Republican lawmakers lashed out at the state’s medical marijuana industry Thursday, lobbing accusations of... Read more
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