30 more medical marijuana dispensaries on the way in N.J.
New Jersey regulators Tuesday approved 30 new licenses to companies who will sell medicinal marijuana, more than doubling the number of retail locations for a growing pool of patients who for years complained about long commutes to obtain legal cannabis. The Cannabis Regulatory Commission voted to award provisional licenses... Read more
Illinois’ weed tax windfall tops $560 million. Here’s where the money goes.
The state’s collections since early 2020 now outpace that raised from booze sales. The money has been used on everything from buying an opioid reversal drug to funding a Girl Scouts program to fight human trafficking. First-time recreational cannabis buyers often feel the sticker shock. With hefty taxes, an... Read more
A Public Health and Safety Bulletin published on November 17 announced that any products tested by either Viridis Laboratories, LLC or Viridis North, LLC, between August 10, 2021, and November 16, 2021, would be recalled while the Marijuana Regulatory Agency (MRA) investigated. Now, new developments are being made involving... Read more
New York State marijuana opt-out tracker
ALBANY, N.Y. (NEWS10) – While some municipalities have decided to opt-out of adult-use marijuana dispensaries and/or on-site consumption lounges in their jurisdiction. Failure to comply before the cutoff date will automatically enter a municipality into the retail market. The Marijuana Regulation & Taxation Act enacted in March allows municipalities this... Read more
Michigan Court of Claims Judge Christopher Murray has lifted a portion of the state’s widespread marijuana recall, saying a segment of it was “in all likelihood based upon an arbitrary decision.” On Nov. 17, the Marijuana Regulatory Agency recalled products tested by Viridis Laboratories and Viridis North because of... Read more
Should pot really be considered a “performance-enhancing substance”? A “first-of-its-kind study” at the University of Colorado in Boulder aims to find out.  When American sprinter Sha’Carri Richardson was denied a chance to compete at the Tokyo Olympics this summer due to testing positive for marijuana, it brought attention—and plenty... Read more
Regulators with the Minnesota Department of Health (MDH) announced on Wednesday that cannabis edibles would be available in the state beginning next year, giving medical cannabis patients a new alternative to access their medicine of choice. The agency declined, however, to add anxiety disorder as a qualifying condition for... Read more
State board decides against warning labels on cannabis products
The Vermont Cannabis Control Board has decided not to recommend specific warning labels on the health effects of cannabis products, and James Pepper, the board chair, explained to VTDigger how the board made the decision. The Vermont Medical Society urged the board and the Legislature this week to require... Read more
Ahead of Emerald Cup Harvest Ball, cannabis growers raise alarm over taxes, regulations
About 30,000 cannabis enthusiasts are expected to trek through the Sonoma County Fairgrounds next weekend for the revamped Emerald Cup Harvest Ball, a celebration all about the plant that has been a social, regulatory and business fixture for decades in Northern California. Those pot lovers will learn about new,... Read more
Schwazze Announces Transformational Capital Raise, Entry Into New Mexico & Provides Business Update
Ryan Allway December 3rd, 2021 Transformational $95 Million Private Financing for M&A Initiatives & Further Expansion Plans Signs Definitive Agreement to Acquire & Manage New Mexico Assets: Reynold Greenleaf & Associates, R. Greenleaf Organics, Medzen Services, Elemental Kitchen & Laboratories Schwazze Transitions to a Regional Operator with New Mexico Acquisitions OTCQX: SHWZ DENVER, Dec.... Read more
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