Senate Majority Leader Chuck Schumer told Yahoo News! in a recent interview that believes the end to the federal cannabis prohibition is on the horizon, with legislation to provide cannabis industry access to banking services in the works. He’s talking about the Secure and Fair Enforcement Regulation Banking Act ... Read more
Hawaii Attorney General Anne Lopez last week released a new plan to legalize adult-use cannabis that one lawmaker characterized as the state’s best effort so far. Under the plan, the state would allow for the production and sale of recreational cannabis while protecting the state’s existing industry for medical... Read more
Two men are heading to prison for their role in an attempted cannabis robbery that left another man dead. Jose Antonio Alvarez and Omar Rojo, both aged 25, “entered no contest pleas to voluntary manslaughter and were formally sentenced in late October,” according to Bay Area News Group. Both... Read more
On Thursday, “Stoner of the Century” Snoop Dogg, 52, announced that he’s quitting smoking pot in a post that practically broke the internet. After trying weed in “the seventies” to smoking blunts and copious amounts of bud for a solid 30 years—his name became synonymous with the plant, and... Read more
MariMed Closes $58.7 Million Debt Refinancing 10-Year Term at Reduced Annualized Interest Rate Will Result in $4.7 Million Reduction to Principal and Interest Expense in the First 12 Months and $3.5 Million Annually for Next Four Years and Includes No Equity Component NORWOOD, Mass., Nov. 20, 2023 (GLOBE NEWSWIRE)... 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, After... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since late August, and there will be many financial releases very soon. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial... Read more
Finding weed in Berlin is like going back in time. Sure, Germany has a medical cannabis program but it’s not Oklahoma. The regulations are very strict. You can’t just walk in off the street and start buying flowers and concentrates. It’s true that German legislators are working out plans... Read more
A Montana judge has ordered state cannabis regulators to delay the enforcement of steep new fees for marijuana dispensary business licenses while a suit challenging the new fee structure is heard by the courts. The 60-day preliminary injunction was ordered by Lewis and Clark County District Court Judge Mike... Read more