The North Carolina Senate this week approved a bill to legalize marijuana, bringing the measure one step away from heading to the state House of Representatives for consideration. The bill, titled the North Carolina Compassionate Care Act (Senate Bill 3), passed handily with little debate in the state Senate... Read more
Tens of millions of dollars have been doled out to local governments across Michigan as a result of the state’s cannabis industry. FOX 2 Detroit reports that the state sent out nearly $60 million to counties and local governments. “Local governments that have approved the recreational sale of weed... Read more
City leaders in Ferndale, Michigan voted this week to decriminalize psilocybin mushrooms and other natural psychedelics, making the city in the Detroit metropolitan area the fourth municipality in the state to reform laws prohibiting the promising drugs. The Ferndale City Council voted unanimously on February 27 to approve a... Read more
At long last, San Diego is receiving grant money from the state as part of a program designed to help cities bolster their local cannabis industries. The southern California city announced last month that it is receiving $880,000 from the Governor of California’s Office of Business and Economic Development... Read more
Regulators in New York announced this week that the state would double the number of cannabis retailer licenses, bringing the total number of Conditional Adult-Use Retail Dispensary (CAURD) Licenses for recreational marijuana dispensaries to 300 instead of the 150 originally planned. The new licenses, which will be selected from... Read more
A bill proposed in Colorado would give the go-ahead to local governments to set up so-called “safe injection sites” within their jurisdictions, with advocates saying that the facilities help prevent overdoses and save lives. The sites, also known as “overdose prevention centers,” have been authorized in other states and... Read more
If the federal government signs off on psilocybin, a pair of Rhode Island lawmakers want the state to be ready to benefit. The bill under consideration would “decriminalize the use of so-called ‘magic mushrooms’ statewide,” according to local news station WPRI, although that would “ upon whether the Federal... Read more
Earlier this month, we announced the launch of the High Times Cannabis Cup People’s Edition in Michigan, but now we’re hyping up the West Coast for the return of its own People’s Choice Awards! Welcome to the High Times Cannabis Cup SoCal: People’s Choice Edition 2023, a recreational-only competition... Read more
As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. The index declined 6.3% after a 10.1% gain in the prior month following a record decline of 70.4% for 2022. In this exclusive article we will summarize the performance of... Read more
MariMed Reports Fourth Quarter and Full Year 2022 Financial Results NORWOOD, Mass., March 01, 2023 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the fourth quarter and... Read more
