A Colorado campaign appears to have submitted enough signatures to place a ballot initiative before voters in November that would raise marijuana taxes to fund programs that are designed to reduce the education gap for low-income students. The Colorado Learning Enrichment and Academic Progress (LEAP) measure would give low-... Read more
Pack your bowls, stay hydrated and prepare yourselves—Nevada’s first-ever public Cannabis Cup event is just around the corner, and you’re invited. There are several reasons why Nevada is a big player in the national cannabis industry, including the state’s claim of being home to some of the largest dispensaries... Read more
Charlotte’s Web Holdings, Inc. announced on July 30 that the company’s CW Labs science division and Colorado State University’s (CSU) College of Agricultural Sciences have completed the first of three collaborative metabolomic hemp studies to decode the complex chemical profile of full spectrum hemp extracts—made from the company’s patented... Read more
Rhode Island is still dealing with legal setbacks to its medical cannabis lottery. Regulators in the state have once again delayed the lottery, which was initially supposed to take place this week. Now, it has been postponed because of an administrative appeal from a rejected lottery applicant. This is... Read more
Louisiana ended the punishment of jail time for possession of small amounts of recreational cannabis, which took effect Sunday. It was one of more than 250 new laws that took effect on the same day, including new requirements for doctors administering the abortion pill and restrictions on when police... Read more
A recent lawsuit filed against the Oklahoma Medical Marijuana Authority (OMMA) claims that the organization did not make its meeting agenda available to the public, which violated a state law known as the Oklahoma Open Meeting Act. The lawsuit is led by Tulsa-based attorney Ron Durbin of Durbin Law... Read more
Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March. After declining 4.6% in April and 2.5% in May, the index rose 3.3% in June. In July, it dipped 5.4%... Read more
After breaking a three-month losing streak with a 1% gain in June, the Canadian Cannabis LP Index fell sharply in July, declining 9.8% to 324.18: The index, which fell 30.1% in 2020 to end at 275.16, is up 13.6% over the past year and 17.8% year-to-date in 2021: It remains substantially below... Read more
A top Rhode Island lawmaker says that while there’s not yet a consensus among legislators and the governor on a bill to legalize marijuana, it’s still a “workable” issue and would be prioritized if a special session is convened this fall. House Speaker Joe Shekarchi (D) told The Public’s... Read more
