The New York State Cannabis Control Board (CCB) recently voted to waive cannabis cultivator licensing fees for the next two years. Gov. Kathy Hochul celebrated this recent progress to help struggling cultivators. “Farmers are the backbone of our State, and we’re making sure the family farms across New York... Read more
A majority of cannabis flower products purchased at licensed retail pot shops in Colorado contained less THC than indicated on the label, according to a study performed by a researcher at the University of Colorado Boulder. The study showed that THC levels indicated on the label of approximately 70%... Read more
Organigram Announces Pricing of Overnight Marketed Public Offering TORONTO–(BUSINESS WIRE), March 27, 2024–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI), announces today that, in connection with its previously announced overnight marketed public offering of units of the Company (the “Units”), it has entered into an underwriting... Read more
A strong majority of voters—including more than 60 percent of Republicans—support congressional legislation to protect states’ rights to set their own marijuana laws, according to a new poll of three states. The survey, commissioned by the Coalition for Cannabis Policy, Education, and Regulation (CPEAR), focused on Missouri, Ohio and... Read more
Connecticut lawmakers have approved a bill to decriminalize psilocybin in a bicameral committee. About two weeks after the legislature’s Joint Judiciary Committee first discussed the psychedelics proposal, members approved it on Tuesday. The legislation would make possession of up to one-half an ounce of psilocybin punishable by a $150... Read more
Lawmakers in New Hampshire on Tuesday heard public testimony on a newly proposed amendment to a marijuana legalization bill that that would transform the measure into a state-controlled franchise model of commercial sales, a novel framework that has the support of Gov. Chris Sununu (R). The 38-page striking amendment... Read more
European countries are gradually turning their attention toward cannabis reform as medical and adult-use cannabis steadily become the new status quo in states around the U.S. While Germany gears up to launch its adult-use program next month, Switzerland has embraced an alternative approach in the form of an adult-use... Read more
A recent property tax relief bill in Nebraska is seeking to create new income opportunities for the state, including a variety of sales tax exemptions. This includes adding sales taxes for products like candy and soda, as well as services such as pet care and grooming, but most importantly,... Read more
Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast from a firm specializing in cannabis and hemp business consulting, data, and economic research. The projection from Portland, Oregon-based Whitney Economics estimates that legal sales of medical marijuana... Read more
