A top Wells Fargo analyst says that there’s one main reason for rising costs and worker shortages in the transportation sector: federal marijuana criminalization and resulting drug testing mandates that persist even as more states enact legalization. Chris Harvey, who serves as head of equity strategy at Wells Fargo... Read more
The governor of New York on Tuesday signed a bill to provide provisional marijuana cultivator and processor licenses for existing hemp businesses that take certain steps to promote equity in the emerging industry. Assembly Majority Leader Crystal Peoples-Stokes, who championed the state’s adult-use legalization bill that was enacted last... Read more
REE Automotive Ltd to Start Commercial Production in 2023 If the early bird gets the worm, then perhaps early-bird investors will end up gorging on massive gains from REE Automotive Ltd (NASDAQ:REE). Most investors haven’t heard of REE stock because it only went public in July 2021 through a... Read more
South Dakota only has one medical cannabis dispensary. To make matters worse, some customers there are still getting busted for pot. That is according to the Argus Leader, which reported last week that “officials with the Flandreau Santee Sioux Tribe said that more than 100 people who’ve been issued... Read more
This landmark event in Goiânia, approved by the majority of the city council, was chosen to be a Municipal Day of Cannabis Therapy — and a complement to a municipal law that allows for the distribution of cannabis-based medicines citywide. According to Councilwoman Aava Santiago, “the action favours research... Read more
A physician in Tallahassee, Florida is staring down significant penalties from the state after allegedly failing to adequately assess patients before ordering them medical cannabis, according to local news reports. The News Service of Florida reported on Monday that the state’s Department of Health is proposing a host of... Read more
A pair of proposals in the Oregon legislature would take aim at the illicit cannabis operations that have troubled law enforcement and local governments in the southern part of the state. Both the state Senate and House have recently approved legislation that “would increase scrutiny of legal cannabis licenses... Read more
