President Joe Biden announced on Oct. 6 that he would be pardoning people across the country who currently have cannabis convictions on their record. According to the official White House press release, this means the pardon covers “…all current United States citizens and lawful permanent residents who committed the... Read more
A Clark County, Nevada judge ruled on Wednesday that the state pharmacy board does not have the authority to regulate cannabis and cannabis derivatives under state law and ordered the agency to remove marijuana from the state’s list of controlled substances. In the decision, Clark County District Court Judge... Read more
Greenlane Holdings, Inc. Announces $7.5 Million Public Offering BOCA RATON, FL / ACCESSWIRE / October 28, 2022 / Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the pricing of its “reasonable best... Read more
Oregon cannabis operators and their employees are now required to report suspected instances of human trafficking to the state, or potentially face legal consequences. Per the language of the order from the Oregon Liquor and Cannabis Commission, “Employees or workers at a marijuana licensed premises must report to a... Read more
In less than two weeks, voters in Missouri will decide on an amendment to legalize recreational pot in the state, a prospect that has some established medical cannabis businesses eyeing expansion. The St. Louis Business Journal has a report out this week on the ballot proposal, known as Amendment... Read more
Idaho’s ban on CBD and hemp-derived products only harms animals even more, because people give it to them regardless of regulations, according to a national group devoted to the wellbeing of animals and pets. It’s a complicated issue that oscillates between the urgent need for CBD oil for dogs... Read more
The most recent data available from the Washington State Liquor and Cannabis Board (LCB) shows that among all of the cannabis business owners in Seattle, Washington, only 4% are Black-owned. A new report from King5 News interviews minority business owners who lost their place in the industry when Washington... Read more
Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans Verano refinances existing $350 million credit facility, extending the maturity with a four-year term Floating interest rate based on the prime rate and at a current rate of 12.75%, which reflects favorably on Verano given... Read more
Using a bioreactor, a company in Israel cloned hemp cells to culture them into a powdery biomass that contains all of cannabis’s active compounds and can be dialed up to 12 times the potency. Not to be confused with the horticultural practice of cloning, Rehovot, Israel-based BioHarvest Sciences is... Read more
More than two-thirds of Americans are in favor of legalizing small amounts of cannabis for personal use, according to the results of a poll released on Monday. The new Monmouth University poll also showed broad support for President Joseph Biden’s recent executive order to pardon federal convictions for low-level... Read more
