South Carolina Medical Marijuana Legalization Bill Clears First Committee Stop
FeaturedMarijuana IndustryMarijuana Industry News February 22, 2023 0
A South Carolina Senate committee has approved a bill to legalize medical marijuana in the state. Sen. Tom Davis (R) introduced the S.C. Compassionate Care Act last month, with tweaks that are meant to avoid procedural problems that derailed an earlier version the reform last year. The prior measure... Read more
Nebraska Lawmakers Consider Hemp Bills At Committee Hearing
Marijuana IndustryMarijuana Industry News February 22, 2023 0
“A thriving hemp industry in Nebraska could create new job opportunities and stimulate economic growth, particularly in rural areas of the state.” By Zach Wendling, Nebraska Examiner A legislative committee Tuesday considered proposals to harmonize Nebraska’s hemp regulation with federal standards and terminate the Nebraska Hemp Commission. Legislative Bill... Read more
NC & SC medical cannabis bills advance (Newsletter: February 22, 2023)
Marijuana IndustryMarijuana Industry News February 22, 2023 0
Where presidential candidate Nikki Haley stands on marijuana; MN legalization measure clears another committee; OK cannabis campaign ads Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana... Read more
New York’s political leaders silent about state’s failure to raise cannabis funds
Marijuana Industry NewsNew YorkRecreational Marijuana February 21, 2023 0
New York’s political leaders will not speak about the state’s failure to raise $150 million for the equity-focused portion of its legal marijuana market rollout, even though those same leaders were front and center in calling for a socially just cannabis industry. Gov. Kathy Hochul has announced every milestone in the state’s legalization... Read more
Canopy Growth Announces $150 Million Registered Direct Offering
Marijuana Industry News February 21, 2023
SMITHS FALLS, Ontario, Feb. 21, 2022 – PRESS RELEASE – Canopy Growth Corporation announced it has entered into an agreement with an institutional investor for the purchase and sale of up to US$150 million aggregate principal amount of senior unsecured convertible debentures. Pursuant to the terms of the agreement,... Read more
From Legacy to Legal: Black History Month
Marijuana Industry News February 21, 2023
In 1997, Kyle Paige, now a cultivation technician at Ascend Wellness Holdings (AWH) in New Jersey, was incarcerated for cannabis possession. Paige served 2 1/2 years in prison. Shortly after he was released, he moved to Kansas City, Mo., where he was offered an opportunity to trim cannabis for... Read more
Washington Senators Strip Psilocybin Bill Of Major Provisions, With Advocates Blaming Governor
FeaturedMarijuana IndustryMarijuana Industry News February 21, 2023 0
A Washington State Senate committee approved a massive overhaul to a psilocybin services bill on Thursday, gutting sections that would have legalized use of the psychedelic drug by adults—and reform advocates in the state are blaming the governor for being behind the move. As originally filed last month, SB... Read more
NJ cops shielded from cannabis testing (Newsletter: February 21, 2023)
Marijuana IndustryMarijuana Industry News February 21, 2023 0
WA psilocybin bill gutted; VA marijuana 280E tax reform killed; Briefs in DEA psychedelic scheduling lawsuit Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible…... Read more
Where Presidential Candidate Nikki Haley Stands On Marijuana
FeaturedMarijuana IndustryMarijuana Industry News February 21, 2023 0
The 2024 presidential election cycle is already heating up, with former South Carolina Gov. Nikki Haley (R) announcing that she’s seeking the Republican nomination. So where does she stand on marijuana policy issues? That’s a question that will be asked of all major candidates over the coming months as... Read more
Is This The “Golden Ticket” For Social Equity Entrepreneurs?
Marijuana Industry News February 20, 2023 0
Access to capital and lack of business know-how are blocking many social equity entrepreneurs from entering and succeeding in the cannabis industry. Many inexperienced entrepreneurs are being lured to the new era of cannabis in search of lucrative opportunities. State governments, private companies, and non-profits are working hard to... Read more
