As medical marijuana has rocketed from a niche product to a multi-million dollar market in Louisiana, a growing number of lawmakers and advocates are questioning the strict limits put on licenses for growing and selling the drug. The most robust effort to change the insular structure will soon play... Read more
Vaping and the use of electronic cigarettes is now banned in public spaces throughout the city of Houston, after the city council unanimously approved an amendment to its existing ordinance on Wednesday. According to Houston Public Media, the city’s “existing rules prohibit smoking in an enclosed public space or... Read more
SANTA FE, N.M. (AP) — New Mexico is bringing sales of recreational marijuana to the doorstep of Texas, the largest prohibition state, as the movement toward broad legalization sweeps up even more of the American West. As of midnight Friday in New Mexico, anyone 21 and older can purchase... Read more
Today is April Fool’s Day. While we could tell you some fake story about how weed is falling from the sky, we’d prefer to go in a different direction. The cannabis industry has come such a long way, and rather than discuss the fools who are still pushing against... Read more
A bill that would have brought sweeping cannabis reform to Tennessee appears to have fallen short in this year’s legislative session. Local television station WKRN reports that the bill, known as the “Free All Cannabis for Tennesseans Act,” is “effectively dead” after its sponsor, Democratic state House Rep. Bob... Read more
The New Mexico adult-use cannabis market is officially open for business. After the clock struck midnight on Friday, newly minted cannabis retailers opened their doors to customers eager to make an inaugural purchase. According to the Las Cruces Sun News, “a few hundred people” lined up outside one store... Read more
Colorado Gov. Jared Polis and Denver Mayor Michael Hancock on Wednesday helped owner DeWayne Benjamin celebrate the city’s first approved social equity marijuana hospitality operator, Tetra Lounge. The lounge was approved for a hospitality license, meaning it will be a location where folks can legally consume marijuana in a... Read more
Schwazze Announces Fourth Quarter & Full Year 2021 Results OTCQX: SHWZNEO: SHWZ Revenue Increases 352% to $108.4 Million Compared to $24.0 Million for the year-ended 2020 Net Income attributed to Common Shareholders of $7.2 Million Compared to Net Loss of ($19.4) Million for year-ended 2020 Adjusted EBITDA of 29.7% Compared... Read more
Rally-goers this week “called for a fairer process to get a marijuana dispensary license in Illinois,” according to local news reports. Local television station WLS reported that a group gathered Tuesday at the Thompson Center in Chicago to raise objections after Illinois Gov. J.B. Pritzker announced a lottery earlier... Read more
With an effort to give cannabis businesses access to financial institutions stalling in Congress, some lawmakers in Pennsylvania are taking matters into their own hands. A committee in the state Senate on Wednesday approved bipartisan legislation to “afford state-legal cannabis better access to banking and insurance services,” according to... Read more
