Service members who admit to using cannabis after they leave the military would be permitted to reenlist under a provision of a $740.5 billion defense spending bill approved by the House Armed Services Committee last week. Current Department of Defense regulations dictate that service members who leave the military... Read more
A recent study published in Frontiers in Pharmacology made major headlines already this week, as it reveals that cannabis could help with lung inflammation and respiratory issues caused by conditions like COVID-19. So far, this has only been tested on mice, but the viewed effects have been positive and... Read more
Voters in Florida approved expanded medical cannabis legalization nearly four years ago after failing to do so in 2014, with 71% voting in favor of Amendment 2. The program has become one of the most successful limited license medical cannabis programs to date, with over 361K active patients as of... Read more
Ayr Strategies Previews June and Second Quarter 2020 Results Ayr Achieves Record Revenue and Adjusted EBITDA in June and Continues to Improve on a Sequential Basis Q2 Adjusted EBITDA and Profitability are Expected to Increase 8% over Q1 Despite COVID-19 Challenges Continues to Generate Positive Free Cash Flow even... Read more
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
