A bid to get a medical cannabis proposal on the Nebraska ballot this year officially came up short on Monday. Nebraskans for Medical Marijuana said that the Secretary of State Bob Evnen “announced that our effort to relieve the pain of so many suffering Nebraskans did not meet the... Read more
California Governor Gavin Newsom on Monday vetoed a bill that would have authorized a limited number of safe injection sites, delivering a blow to harm reduction advocates trying to reign in the number of overdose deaths plaguing the state and the nation. Newsom vetoed the measure, Senate Bill 57,... Read more
According to the Hong Kong Free Press, a Hong Kong Legislative Council Panel on Security announced in June that it would pursue a ban on CBD. In a written paper, the council claimed that the reason for this is because CBD always has the potential to contain trace amounts... Read more
Officials in Erie County, New York announced last week that a series of cannabis conviction expungement clinics will be held in Buffalo beginning later this month, giving those with past marijuana offenses an opportunity to clear their records. The Erie County District Attorney’s office and the Erie County Bar... Read more
Maridose LLC, based in Maine, announced on Aug. 19 that it officially received a federal cultivation license from both the United States Department of Justice, as well as the Drug Enforcement Agency (DEA). The company is one of only seven in the country that have been approved by the... Read more
The U.S. Cannabis Council (USCC) announced on August 19 that it has named Khadijah Tribble to serve as the organization’s new CEO. Tribble succeeds former USCC CEO Steven Hawkins, who led USCC since the organization was first founded in February 2021. “We thank Steven Hawkins for his integral role... Read more
You’re reading a copy of 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, In... Read more
SNDL Announces Agreement to Acquire The Valens Company to Create Leading Vertically Integrated Cannabis Platform CALGARY, AB and KELOWNA, BC, Aug. 22, 2022 /PRNewswire/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL”) and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (“Valens”) are pleased to announce today that they have entered... Read more
Agrify Completes Previously Announced Credit Facility Modification New Terms Provide Company with Additional Flexibility to Pursue Long-Term Growth Initiatives BILLERICA, Mass., August 19, 2022 – Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced it has... Read more
Statistics Canada released June retail sales for the country, with cannabis sales increasing from May by 0.7% to C$377.5 million, despite one less day. May was revised from C$375.8 million to C$373.6 million. The sales were up 23% from a year ago, up from the 19.5% May growth rate and above the lowest... Read more
