Police officers in Austin, Texas will no longer arrest or issue citations to those suspected of possessing small amounts of marijuana, according to an Austin Police Department memorandum released on Thursday. The policy change comes five months after the Austin City Council voted to end enforcement of low-level cannabis... Read more
A grand jury in Santa Barbara, California criticized the county’s cannabis regulations in a report released this week, writing that members of the Board of Supervisors allowed marijuana businesses to dictate policy and failed to serve the interests of the county’s residents. The grand jury, which serves as an... Read more
Monday, June 29, West Virginia officially announced the plan to reopen their application process for medical cannabis testing labs so that more labs can get registered and their medical cannabis testing program can get off the ground. “The West Virginia Department of Health and Human Resources, Bureau for Public... Read more
Denver, Colorado-based edible juggernaut Dixie Brands released a statement that the company will rename itself, thus distancing itself from the word “Dixie” and its connection to hateful beliefs of the past, specifically slavery.  The reasoning behind the name-change is openly evident, judging by current events: Monuments and symbols linked... Read more
Prosecutors in Nashville, Tennessee will no longer file criminal charges for possession of less than a half-ounce of marijuana, District Attorney General Glenn Funk announced on Wednesday. The change in prosecutorial policy goes into effect immediately, according to a statement from the Nashville District Attorney’s office. “Marijuana charges do... Read more
MedMen Announces Lender and Landlord Support for Company Turnaround Reached agreement with senior lenders to defer cash interest Modified lease arrangements with Treehouse REIT to reduce near-term cash commitments LOS ANGELES-July 03, 2020-(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced the execution of... Read more
Organigram Provides Update on COVID-19 Corporate Action Plan and Timing for Q3 Results MONCTON, New Brunswick-July 03, 2020-(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) provides a corporate update on recent developments of the Company in relation to the worldwide COVID-19 pandemic and the continuing... Read more
Police announced on Wednesday that more than $1.2B worth of amphetamine pills manufactured by the Islamic State in Syria was seized at the Italian port city of Salerno. Officials characterized the haul of 84 million counterfeit captagon pills, weighing more than 15 tons, as the largest amphetamine bust ever... Read more
Curaleaf Announces Private Placement of Subordinate Voting Shares WAKEFIELD, Mass., July 2, 2020 /CNW/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading multi-state cannabis operator in the United States, announces today a private placement of up to C$27,500,000 of subordinate voting shares of the Company (the “Subordinate Voting Shares”)... Read more
After two consecutive strong months, Cannabis stocks slipped in June, with the Global Cannabis Stock Index declining 9.6% to 29.41: The index, which had 35 qualifying members during the month following the quarterly rebalancing at the end of March, declined 34.1% in 2019 to 42.20 and is now down 22.9% in... Read more

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