Today California Governor Gavin Newsom signed Assembly Bill 45, establishing a comprehensive regulatory framework for the manufacture and sale of hemp-derived products in the state, including smokable hemp as well as hemp-infused food and drink sales. As an emergency statute, the bill goes into effect immediately. While CBD products... Read more
Colorado voters will decide next month whether to raise taxes on recreational marijuana to help fund a new state program aimed at providing Colorado students with out-of-school learning opportunities. The program, called Learning Enrichment and Academic Progress, or LEAP, would pay service providers, like private tutoring companies or even... Read more
It’s been two years since medical marijuana became legal in Arkansas and the revenue is showing for it. The state has collected almost $50 million total in tax revenue. “A year ago we said, let’s give it time. Let’s let all the dispensers get up and running and then... Read more
4Front Ventures Announces Accretive Acquisition of Massachusetts Based New England Cannabis Corporation Expected to add significant accretion to 2022 EBITDA and beyond More than doubles 4Front’s total flower canopy in important limited-license state of Massachusetts Fully operational 55,000 sq. ft. cultivation facility adds scale and depth in the State Cash... Read more
Medical marijuana patients in New York state will soon be able to do something for the first time in the five-year history of the program: purchase smokable marijuana. The state’s newly formed regulatory board approved the sale of marijuana flower on Tuesday, broadening the offerings of a medicinal pot... Read more
Republican Sen. Mike Regan, a former U.S. marshal who spent years fighting the drug wars, is now calling for marijuana to be legalized in Pennsylvania. “I think it’s inevitable,” said Regan, R-Cumberland/York counties. “It’s common sense to think we’re going to do it at some time and it should... Read more
Six months after New York legalized marijuana for recreational use, the state is finally getting down to the business of setting the rules for growing, processing and selling it — and ensuring the “social equity” provisions written into the law. The first meeting of the state’s new Cannabis Control Board, which... Read more
Illinois’ Most Innovative Approach to Social Impact Entrepreneurship Customizes Cannabis Business Acceleration to Bridge Wealth Gap and Celebrates Formal Launch PRESS RELEASE CHICAGO, IL (SEPTEMBER 30, 2021) – Under formation over the last two years, GROmentum Lab, a Chicago community-based social impact business accelerator in cannabis, is pleased to... Read more
Law enforcement officials in the San Francisco Bay Area seized more than 100,000 cannabis plants from more than a dozen unlicensed cultivation sites last week, taking down a “modern day bootlegging” operation in a series of raids that spanned two days. The massive bust carried out by the Alameda... Read more
