Among drug researchers who participated in a recent online survey, the vast majority (86 percent) reported having used drugs themselves in the past, and nearly half (47 percent) said they’d done so during the past three months. Of those who reported using drugs, about 6 in 10 (59 percent)... Read more
If former President Donald Trump endorses a Florida marijuana legalization ballot initiative ahead of the election, it would “guarantee victory,” his longtime ally and GOP political operative Roger Stone says. While Trump has yet to say where he stands on the measure, which he’ll have a chance to vote... Read more
A legislative committee in Nebraska has advanced a sweeping tax bill that would, among other changes, impose a 30 percent sales tax on “consumable hemp” and CBD products. The proposal, broadly aimed at providing property tax relief, will now be considered by the full legislature. On Monday, lawmakers on... Read more
Mackenzie Reilly is one of five Jersey City police officers fighting their terminations for cannabis use. By Sophie Nieto-Munoz, New Jersey Monitor Nearly two weeks after a federal judge said he wouldn’t weigh in yet on whether it’s legal for New Jersey cops to use marijuana, the Civil Service... Read more
The cannabis industry is thriving, but with exciting opportunities come significant challenges. For dispensary owners and cannabis wholesalers, staying competitive means understanding and adapting to a rapidly evolving market. The Competitive Cannabis Dispensary Landscape The cannabis retail market is booming like never before. According to Statista, the global legal... Read more
Organigram Reports Third Quarter Fiscal 2024 Results August 13, 2024 Net revenue of $41.1 million increased 25% over the prior year period Adjusted EBITDA¹ of $3.5 million versus $(2.9) million over the prior year period Established European foothold with a strategic investment in Sanity Group, a leading German cannabis... Read more
SNDL to Acquire Remaining Minority Interest of Nova Cannabis SNDL and Nova Execute Arrangement Agreement with Key Shareholder Support CALGARY, AB, Aug. 13, 2024 /PRNewswire/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL”) and Nova Cannabis Inc. (TSX: NOVC) (“Nova”) are pleased to announce that they have entered into an arrangement... Read more
The Food and Drug Administration (FDA) has withdrawn a request for White House permission to conduct a study about the risks of using kratom and psychedelics amid a “rapid resurgence” of public interest in the substances. Advocates are celebrating the news after criticizing the initial request as another example... Read more
