The state of Illinois on Friday announced plans to award 185 new dispensary licenses for its adult-use cannabis program, less than a month after a judge cleared the way for the process to begin anew. The Illinois Department of Financial and Professional Regulation said that the licenses will be... Read more
A New Mexico cannabis company and a group of six medical marijuana patients have filed a class-action lawsuit that seeks insurance coverage for medicinal cannabis. The legal action was filed on Friday in Albuquerque state district court, with the plaintiffs arguing that medical cannabis should be covered because it... Read more
Marijuana sales in Colorado dipped to $153 million in April, according to the latest market data from the Colorado Department of Revenue (CDOR). Overall, more than $131 million in recreational marijuana was sold in the state compared to $21.3 million in medicinal marijuana. The total sales figure from April also represents... Read more
It’s been nearly 21 years since Hillsborough resident Blake Tedder nearly lost his life. His father was flying a single-engine plane until it stalled over the Colorado Rockies. When the plane crashed into the mountains, it caught fire and the two men had more than one-third of their bodies burned.... Read more
Regulators in Oregon will enact a ban on cannabinoids produced through laboratory processes, making the state the first in the nation to restrict the sale of so-called synthesized cannabinoids at grocery stores and other general retailers. The ban from state cannabis regulators, which goes into effect on July 1,... Read more
A West Virginia cannabis advocacy group called Charleston Can’t Wait has recently been collecting signatures to put a decriminalization measure on the ballot this November in Fairmount and Charleston. The organization is connected to West Virginia Can’t Wait, which is led by former 2020 governor candidate Stephen Smith. Described... Read more
NCIA’s editorial department continues the Member Spotlight series by highlighting our Social Equity Scholarship Recipients as part of our Diversity, Equity, and Inclusion Program. Participants are gaining first-hand access to regulators in key markets to get insight on the industry, tips for raising capital, and advice on how to access and utilize... Read more
Ryan Allway June 13th, 2022 News, Top News TILT connects subsidiaries Jupiter Research and Standard Farms to launch Timeless Vape Brand and Product offerings to the OH market; available today, June 13th, at select dispensary partners’ launch locations across the state PHOENIX, June 13, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT”... 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
Oregon is set to become the first state to ban synthetic cannabinoids sold at grocery stores and other retailers beginning next month. Oregon regulators say they’re restricting sale of the products over concerns about the chemicals used in production. But the move comes at the opposition of cannabis producers... Read more