Law enforcement officials in San Bernardino County, California have filed charges against 11 individuals after a huge subterranean cannabis cultivation operation was discovered by police. At a press conference on Monday, San Bernardino District Attorney Jason Anderson and Sheriff Shannon Dicus announced the group faces charges of felony cultivation... Read more
A Democratic lawmaker in North Carolina on Monday introduced a bill that would legalize the sale and possession of recreational cannabis for adults in the state. State Sen. Toby Fitch’s proposal focuses primarily on “the sale, possession and use of marijuana,” according to the Winston-Salem Journal, “although a section... Read more
MIAMI, May 24, 2022 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that the New Jersey Cannabis Regulatory Commission (“CRC”) approved the Company for adult-use cannabis sales in the Garden State. Ayr... Read more
House Bill 988 was passed through the Louisiana House Committee on Labor and Industrial Relations on May 19. If the bill becomes law, it would create protections for state employees who seek to use medical cannabis. While it would prevent employees from being fired, and prevent discrimination against those... Read more
Last week, Canadian Senator Larry Campbell came out of the psychedelic closet in the opening speech to the Catalyst Psychedelics Summit in the U.K. Namely, he admitted that he has been microdosing with psilocybin to help his depression. According to Campbell, who has worked in drug reform for a... Read more
Andrew Baines, 46, father of two and medical cannabis patient in the U.K., faced a terrible fate for also being a cannabis caregiver. Namely 15 years in prison. Baines was arrested in April 2020 after police in Lincoln in the east Midlands, found a kilogram of cannabis (worth about... Read more
The American Trucking Association released a statement in October 2021, citing retiring driving veterans and lower wages as the partial cause for the shortage of more than 80,000 drivers. However, another cause for this shortage is being attributed to adult-use legalization and drivers testing positive for cannabis. A March... Read more
Q1 2022 Systemwide Pro Forma Revenue of $32.4 million, an increase of 7% from Q1 2021 Q1 2022 Adjusted EBITDA of $9.0 million, an increase of 53% from Q1 2021 Conference call to be held today, May 23, 2022 at 5:00 p.m. ET PHOENIX, May 23, 2022 /PRNewswire/ –... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, This... Read more
Initially available in Canada, TeaPot is the first beverage brand developed by BBCCC Inc, the cannabis subsidiary of Boston Beer. BOSTON, May 23, 2022 /PRNewswire/ — The Boston Beer Company, Inc. (NYSE: SAM), maker of iconic, high-quality brands such as Samuel Adams, Truly Hard Seltzer and Twisted Tea, today announced the launch of... Read more
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