AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities Represents AFC Gamma’s Second Transaction in Florida’s Growing Medical Cannabis Market WEST PALM BEACH, Fla., March 26, 2024 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that... Read more
A panel of lawmakers in Vermont has advanced a measure that would establish a working group to study whether and how to allow therapeutic access to psychedelics in the state. If the bill is enacted, a report from the working group would be due to the legislature in November... Read more
A Senate-passed marijuana legalization bill in Hawaii has survived a close vote on the House floor, with members narrowly advancing the proposal to its final legislative committee as some lawmakers who oppose the reform warned of dire threats to public safety and everyday life in the state. After nearly... Read more
Since the U.S. Census Bureau first launched a map detailing the proportion of state revenue made up by marijuana tax money last fall, the agency has continued tracking the data, allowing further comparisons to be made over time. In the fourth quarter of 2023, for example, New York recorded... Read more
Former Medford, New Jersey mayor and former New Jersey General Assemblyman Scott Rudder is opening a dispensary in Riverside in his home state. Riverside, a suburb in the greater Philadelphia-Camden area, is a prime location for growth in the cannabis sector. Rudder, who is Republican, founded the New Jersey... Read more
In the midst of blossoming cannabis and CBD reform throughout the West, hemp-derived cannabinoid products are increasingly taking center stage as legislators continue to raise red flags surrounding the lack of regulation and intoxicating potential of these products. Just in the past several months, a number of states have... Read more
The German government last week adopted a bill to end the prohibition of cannabis for adults that will make possession and home cultivation of weed legal in Europe’s most populous nation as of April 1. The legislation, which also allows for the establishment of cannabis clubs, was given final... Read more
A new review of scientific literature around CBD and its effects suggests that the cannabinoid could be useful in managing symptoms of alcohol use disorder (AUD) by modulating brain networks that perpetuate addiction. The review, from authors at the University of Sydney and local health districts in the Australian... Read more
