iAnthus Announces Closing of Recapitalization Transaction, $25 Million Additional Financing and Other Corporate Updates NEW YORK and TORONTO, June 24, 2022 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, announces... Read more
Rhode Island became the 19th state to legalize adult-use marijuana last month when Gov. Dan McKee put pen to paper and signed the Rhode Island Cannabis Act into law. The new law allows for 24 new retail licenses to be issued in six geographic areas of the Ocean State. Sales... Read more
The United States Supreme Court on Tuesday denied petitions to hear two cases challenging Minnesota’s refusal to allow coverage for medical cannabis through the state’s workers’ compensation program. In both cases, workers sought a review of the Minnesota Supreme Court’s decision finding that the federal Controlled Substances Act (CSA)... Read more
Finally, medical cannabis is legal in South Dakota, a state that legalized in 2020 before facing numerous hurdles in order to make medical pot official. And still, the state’s dispensaries haven’t started distributing it. The next step to make that happen is a change in regulations, which is currently... Read more
Questions arise after Michigan regulators filed formal complaints against one of the state’s top cannabis testing laboratories last month. Cannabis that tests over 28% THC, and at times over 40%, is subject for an automatic audit, and regulators say the lab results aren’t adding up. Formal complaints were filed... Read more
The MLB stated in a conference call on June 21 that CBD is now an “approved category” which means that teams are now allowed to sell CBD sponsorships as long as the brand has received an NSF certification (a verification that a product has no THC). According to Sports... Read more
As adult-use cannabis thrives in New York, some residents say their lives are still ruined due to past cannabis convictions that haunt their records. While programs are in place to clear certain types of records, lawyers worry the state isn’t doing enough. The Marijuana Regulation and Taxation Act (MRTA)... Read more
A Canadian company that produces functional mushroom formulations for health and wellness has submitted a request to federal regulators that would allow it to manufacture MDMA and other synthetic psychedelic drugs. If the request made to Canada Health by Optimi Health seeking an amendment to its Controlled Substances Dealer’s... Read more
The Team Kentucky Medical Cannabis Advisory Committee met for the first time on Monday to discuss their responsibilities and two upcoming town hall meetings. The first town hall meeting is set for July 6, in Pikeville, Kentucky. The meeting will be in the University of Pikeville’s Health Professions Education... Read more
The Switzerland government announced on June 22 that it will lift the ban on medical cannabis, as according to an amendment to the Swiss Narcotics Act that parliament approved in March 2021. According to Agence France Presse, the government “intends to facilitate access to cannabis for medical use for... Read more
