A legalization campaign recently launched by Smart & Safe Florida has garnered the support of medical cannabis company Trulieve and Grammy-nominated country music group, The Bellamy Brothers. Trulieve has donated $5 million to the effort that could lead to a measure on the 2024 ballots. According to Trulieve CEO... Read more
Recreational pot in Florida? State’s largest medical marijuana operator files constitutional amendment for 2024 ballot
TALLAHASSEE — Trulieve, the state’s largest medical-marijuana operator, and country-music legends The Bellamy Brothers are backing a proposed constitutional amendment that would allow recreational use of marijuana by people 21 or older. The proposed amendment was filed Monday at the state Division of Elections, with Tallahassee-based Trulieve contributing $5... Read more
Black Florida Farmers Feel Left Out of Medical Marijuana System
LAKELAND, Fla. (AP) — Nearly six years ago, the Florida Legislature set aside a medical marijuana license for a Black farmer like John Allen to join the burgeoning industry. But the license still has not been issued by the Florida Department of Health, which regulates the industry. Twenty-two licenses... Read more
XS Financial Provides a $15 Million CAPEX Lease Facility to Green Dragon / Eaze LOS ANGELES, CA / ACCESSWIRE / July 25, 2022 / XS Financial Inc. (“XS Financial”, “XSF” or the “Company”) (CSE:XSF) (OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the... Read more
‘Unfortunate and discriminatory’: Black farmers feel left out of Florida’s medical marijuana system
Nearly six years ago, the Florida legislature set aside a medical marijuana license for a Black farmer like John Allen to join the burgeoning industry. But the license still has not been issued by the Florida Department of Health, which regulates the industry. Twenty-two licenses have been issued but none so... Read more
Exclusive Interview with Cansortium CEO Robert Beasley Cansortium (CSE: TIUM.U) (OTCQX: CNTMF) has vertically integrated operations in the Florida market and a footprint in three other U.S. states. New Cannabis Ventures last checked in with the company in 2019. Since then, a new CEO has come on board. Robert... Read more
Investor, advocates sue Florida medical marijuana regulator
The latest legal dispute comes after the Ontario Superior Court of Justiceapproved a proposed recapitalization transaction for Gotham Green to take control of iAnthus in 2021 after the latter defaulted on a loan. The proposal requires regulatory approvals from U.S. states, many of which have cross-ownership restrictions to tamp... Read more
Jupiter Wellness Announces the Retirement of Approximately 10% of its Outstanding Shares
Ryan Allway June 17th, 2022 News, Top News JUPITER, FL / ACCESSWIRE / June 17, 2022 / Jupiter Wellness, Inc. (NASDAQ:JUPW) today announced the purchase and retirement of 2,433,894 common shares, which reduces the Company’s outstanding common shares to 22,151,528, an approximate 10% reduction in shares outstanding. The Company previously... 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
More than five years after Florida voters legalized the medicinal use of cannabis in 2016, city leaders in Miami finally relented and have voted to allow a business to pursue opening a medical dispensary within the city limits. With a 3-2 vote on Thursday, the Miami City Commission ended... Read more

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