California Governor Gavin Newsom last week vetoed a bill that would have allowed cannabis cafes to offer weed, food and beverages to patrons at licensed establishments reminiscent of the famed coffee shops in Amsterdam. The measure, Assembly Bill 374 (AB 374), was passed by the California legislature last month... Read more
A report published by the U.S. Census Bureau recently shows the progress of cannabis tax revenue numbers for each state. It’s the first report of its kind from the bureau and begins with the Q3 2021. “The Quarterly Summary of State and Local Government Tax Revenue provides quarterly estimates... Read more
A New York Judge recently issued a court order that allows just two cannabis retailers to open for business, while hundreds of others are put on hold. On Oct. 6, Judge Kevin Bryant permitted Manhattan-based ConBud LLC and Queens-based Kush Culture LLC (also known as Terp Bros) to be... Read more
A large cannabis operation with 22 buildings spanning over 11 acres must temporarily cease operations as hundreds of employees are fighting for their jobs, culminating in a chaotic Sacramento City Council meeting. Law enforcement officials ordered Natura to close on Oct. 2, a farm located on Elder Creek Road... Read more
An effort to decriminalize psychedelic substances was nixed after California’s governor vetoed the bill on grounds that the bill is missing dosing guidelines and other critical inclusions that he says would have made it safer. To the dismay of psychedelic advocates across the state, California Gov. Gavin Newsom vetoed... Read more
Two cannabis bills were recently sent to the desk of Gov. Gretchen Whitmer, and if passed, would work in tandem to allow the Cannabis Regulatory Agency (CRA) to do business with local Native American cannabis businesses, and vice versa. Currently, state licensed cannabis and tribal cannabis businesses must operate... Read more
3 Marijuana Tech Stocks To Follow This Week
California’s Unified Cannabis Enforcement Taskforce (UCETF) seized nearly 100,000 cannabis plants over the last three months, according to an announcement from the state’s Department of Fish and Wildlife. State officials lauded the seizures on Friday, saying that illegal weed grow sites pose a threat to consumer safety and are... Read more
Kentucky Governor Andy Beshear spoke at a news conference on Oct. 7 and provided an update on the ongoing progress of the state’s medical cannabis program. “We have established the Medical Cannabis Program, which is the office that is going to do this work, as part of the Cabinet... Read more
Russian President Vladimir Putin suggested on Thursday that mercenary Yevgeny Prigozhin’s fiery death in a plane that went down was due to cocaine and grenades, not a coordinated assassination in retaliation for his uprising, as many suspect. Prigozhin’s days were numbered the moment he led the Wagner Group—his paramilitary... Read more
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