The state’s pot policy office initially describes a costly tagging system for tracing products from plant to retail, then offers a more business-friendly explanation hours later. The state marijuana industry didn’t like what it saw when it got its first look at Maine’s new track-and-trace system Monday: hundreds and... Read more
SACRAMENTO, Calif. (AP) — California will spend $20 million on a public awareness campaign about the dangers of vaping nicotine and cannabis products and step up efforts to halt the sale of illicit products amid a rise in vaping-related illnesses. Democratic Gov. Gavin Newsom announced the actions Monday as... Read more
Cresco Labs to Acquire Tryke Companies Including the Reef Dispensary Portfolio – Consistent With Stated Plan to Establish Market Leading Positions in Both Nevada and Arizona and Build Brand and Wholesale Capabilities Announces C$73.5 Million Underwritten Public Unit Offering Tryke generated US$70.4 million in Revenue and US$24.6 million in EBITDA in fiscal 20181,... Read more
Medicine Man Technologies Highlights Landmark Consolidation Strategy To Create One Of North America’s Largest Vertically Integrated Cannabis Operators. Projected Annual Revenues From The Previously Disclosed Proposed Acquisitions Total Approximately $170 Million In 2019 DENVER, Sept. 16, 2019 /PRNewswire/ — Medicine Man Technologies, Inc. (OTCQX: MDCL) (“Medicine Man Technologies” or the “Company”) announced a... Read more
Those hoping to have their marijuana convictions cleared will have to keep waiting. The state Senate did not vote on Gov. Phil Murphy’s changes to its expungement legislation on Thursday but instead introduced a new bill of its own. Senators Sandra Cunningham, D-Hudson, and Teresa Ruiz, D-Essex, along with Senate President Stephen... Read more
The worsening outbreak of vape-linked illnesses and deaths has spurred lawmakers across the U.S. to take action, with officials in New Jersey and Massachusetts the latest to propose bans and other measures to curb vaping. In New Jersey, Gov. Phil Murphy and legislative leaders are looking at a phased-in... Read more
Two members of Florida’s delegation to the U.S. House of Representatives introduced a bill on Thursday that would expand research into the medicinal use of marijuana. The measure, titled the Expanding Cannabis Research and Information Act, was filed by Democratic Rep. Donna Shalala and her Republican colleague Rep. Matt... Read more
On Thursday, Congressman Greg Steube, who represents Florida’s 17th district, introduced a bill that would downgrade the controlled substance scheduling for marijuana. Steube’s bill, the Marijuana 1-to-3 Act of 2019, would reclassify cannabis as a Schedule III controlled substance. Currently, the federal government considers cannabis a Schedule I drug... Read more
The State Medical Board of Ohio rejected petitions on Wednesday to add autism spectrum disorders and anxiety to the list of conditions qualifying a patient to use medical marijuana. The board’s vote follows a recommendation last month from the state Medical Marijuana Expert Review Committee not to approve the... Read more
Now that the recent, unexplained vaping-associated death toll in the United States has risen to six victims, tensions are running high when it comes to illegal vaping products. Today, such unlicensed THC products have a poster boy: 20-year-old Tyler Huffhines of Wisconsin, whose business law enforcement officials say was... Read more