Already home to the Empire State’s first and only legal recreational cannabis dispensary, New York City will soon make way for a second. Gothamist reports that a new pot dispensary called “Smacked” will open this month in Manhattan’s Greenwich Village after a local community board “voted unanimously” last Wednesday... Read more
Democratic lawmakers in Minnesota have begun their push for marijuana legalization, with a bill clearing the first of many legislative hurdles this week. The bill “cleared the first of what may be up to a dozen committee hurdles when the House Commerce Finance and Policy Committee approved” the measure... Read more
Drugs on demand, straight from a jail guard, were shut down by the sheriff at the Lower Buckeye Jail in Phoenix, Arizona. According to Maricopa County Sheriff Paul Penzone, a detention officer was arrested for attempting to bring methamphetamine and fentanyl into the Lower Buckeye Jail in Phoenix, Arizona.... Read more
On Jan. 11, members from Marijuana Policy Project (MPP), the Drug Policy Forum of Hawaii, and ACLU of Hawaii, spoke at a press conference held at the capitol in Honolulu. The meeting was prompted by Hawaii Rep. Jeanné Kapela to announce her cannabis legislation which will target criminal justice... Read more
An Illinois state lawmaker has introduced a bill that would legalize psychedelics including psilocybin, the primary psychoactive compound in magic mushrooms, for therapeutic use. The bill, dubbed The Compassionate Use and Research of Entheogens (CURE) Act, was introduced by Democratic state Representative La Shawn Ford on Wednesday. The bill,... Read more
There is a Grand Canyon-sized gulf between medical cannabis and recreational marijuana in Arizona. Sales of medical marijuana continue to decline, while adult-use pot sales are climbing. The latest figures to be released by the Arizona Department of Revenue found that taxable medical cannabis sales totaled $31.3 million for... Read more
The arrest of a senior Albanian government official suspected of using her status to smuggle drugs across the border continues to raise eyebrows. Erisa Fero, who serves as the IT director of the country’s top intelligence agency, was arrested “on the 29th of December in a remote, mountainous section... Read more
A pair of Democratic state lawmakers in Tennessee this week introduced a bill to legalize both medical marijuana and adult-use cannabis in the state. The bill, known as the “Free All Cannabis for Tennesseans Act” (HB0085), was introduced in the House by Representative Bob Freeman—supported by fellow Democrat Senator... Read more
Organigram Reports Record First Quarter Fiscal 2023 Results Achieves record Adjusted Gross Margin and fourth consecutive quarter of positive Adjusted EBITDA FINANCIAL HIGHLIGHTS Net revenue of $43.3 million, up 43% from $30.4 million in the same prior-year period. Adjusted EBITDA1 of $5.6 million, the fourth consecutive quarter of positive Adjusted... Read more
New Cannabis Ventures will be hosting a free exclusive webinar with the management team at TerrAscend (CSE: TER) (OTCQX: TRSSF) on Thursday, January 19th at 11:30 AM ET. Executive Chairman Jason Wild, CFO Keith Stauffer and President and COO Ziad Ghanem will discuss the company’s operations in California, Maryland,... Read more
