New York is continuing its slow roll toward expanding the number of cannabis businesses operating throughout the state. On April 12, the New York State Cannabis Control Board (CCB) approved 101 more adult-use cannabis licenses, and now the total number of licenses approved in 2024 so far sits at... Read more
A professional organization of physicians who support drug policy reform is calling for the regulation of intoxicating hemp-derived cannabinoids including delta-8 THC, arguing that the safety of products containing the compound is unknown. The recommendation was recently made by Doctors for Drug Policy Reform (D4DPR), a group of healthcare... Read more
The campaign to legalize cannabis in Florida is alive and well, as the state’s Supreme Court ruled earlier this month that voters will be able to decide the next chapter of cannabis reform on this year’s November ballot. With an already bustling medical market, Florida’s potential move into the... Read more
Illinois lawmakers last week joined representatives of the licensed cannabis industry to call for a ban on intoxicating hemp products including delta-8 THC. Under one proposal, non-intoxicating hemp products would be regulated with rules for licensing hemp businesses and the testing and labeling of hemp products. Synthetically produced hemp... Read more
The newest set of data released by the Michigan Cannabis Regulatory Agency (CRA) shows that the state has once again set a new record for adult-use cannabis sales. According to the CRA, the state collected $286.8 million in adult-use cannabis sales in March, which made up for 99% of... Read more
A reel posted April 10 on Instagram went viral, warning Tesla drivers that security camera video footage—even when the car is off—can be used against you in the court of law as proof of wrongdoing, with or without a subpoena. The reel was posted by attorney Nicky Blu from... Read more
The California Department of Cannabis Control (DCC) recently published an announcement regarding recent cannabis taskforce seizures. As of April 11, the Unified Cannabis Enforcement Taskforce (UCETF) seized over $53,620,600 in illegal cannabis during the first quarter of 2024 (spanning between January 1, 2024-March 31, 2024). Law enforcement seized 331,866... Read more
The New Hampshire House of Representatives voted last week to approve a bill to legalize recreational marijuana, marking the second time the chamber has passed the legislation. Members of the House voted 239-136 on Thursday to pass the measure, House Bill 1633 (HB1633), which would legalize pot for adults... Read more
You’re reading 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. We post this and all... Read more
