An Iowa legislative panel this week approved a bill that sets limits on consumable hemp products sold in the state. The measure, House Study Bill 665, was approved on Wednesday by the House Public Safety Subcommittee by a vote of 2-0. The bill, which was submitted to the state... Read more
Tuesday, Sen. Bernie Sanders (I-Vermont) issued a report slamming the U.S. prices of drugs and executive pay of three major drug manufacturers—Johnson & Johnson (J&J), Merck, and Bristol Myers Squibb—just before a Feb. 8 hearing. Thursday the CEO’s of all three drug manufacturers had to appear before a hearing... Read more
Illuminating California’s Cannabis Regulations: Insights from Industry Leaders Welcome to the fourth edition of our esteemed Policy Matters series, where we embark on a journey through the intricate landscape of California cannabis regulations. This series, made possible by the collaborative efforts of the National Cannabis Industry Association (NCIA) and... Read more
Canopy Growth Reports Third Quarter Fiscal Year 2024 Financial Results; Achieves Third Quarter of Sequential Revenue Growth across Canada Cannabis Businesses and a Record Quarter for Medical Sales Canada adult-use cannabis business-to-business net revenue up 9% year-over-year; Canada medical cannabis net revenue up 11% year-over-year Focused execution drove sustained... Read more
You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Canopy Growth reported its... Read more
Two competing bills to legalize commercial marijuana sales in Virginia are now headed to votes on the floors of the House of Delegates and Senate, setting up a possible clash between lawmakers and advocates who disagree on the best way to open a retail market in the commonwealth. On... Read more
Congressional marijuana banking report; HI gov on legalization; VA legal sales floor votes; SC medical debate; MA psilocybin Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana... Read more
An Ohio lawmaker is warning colleagues that passing legislation to undermine voters’ decision to legalize marijuana in the state will jeopardize their reelection prospects—specifically cautioning against proposals to redirect tax revenue to law enforcement. Rep. Juanita Brent (D)—who has previously emphasized the need to involve people who’ve been disproportionately... Read more
The cannabis industry has been rapidly growing in recent years, with many new businesses and startups entering the market. However, it is important to note that not all cannabis companies are created equal, as there is a significant lack of diversity in the cannabis industry. Studies have shown that... Read more