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What would Recreational Marijuana legalization do for Pennsylvania tax revenue? Image Cannabis NewsNovember 6, 2023 Seven years after Pennsylvania legalized marijuana for medical use, lawmakers are debating whether to allow recreational use — and what that would look like. It has created quite a buzz in the evolving industry. “Pennsylvania has a lo
Ohio to vote on Marijuana Legalization with Potential $260M Economic Boost Image Cannabis NewsNovember 6, 2023 Ohio voters will once again have the chance to legalize adult-use marijuana eight years after a proposed constitutional amendment that would have made it legal was rejected. On Tuesday, November 7, there will be a vote on two ballot issues
Craft cannabis growers in Illinois try again to overcome industry opposition to expansion Image Cannabis NewsNovember 6, 2023 The day before Illinois’ spring legislative session ended, lawmakers were poised to pass a wide-ranging cannabis bill that was meant to save struggling small businesses. The measure had largely been agreed upon by stakeholde
Colorado Market Rebounding Somewhat but Contraction Isn't Over Image Cannabis NewsNovember 6, 2023 The Colorado market rebound is somewhat all over the map. A longtime Colorado cannabis distributor and deal broker who works with dozens of farms and brands said he expects the cultivation sector in the state to continue shrinking more than it already
New York raises concerns over illicit Cannabis Shops Image Cannabis NewsNovember 6, 2023 New York Office of Cannabis Management Cracks Down on Illicit Cannabis Shops and Supports Distressed Farmers. The New York State Office of Cannabis Management (OCM) took part in the first ever subcommittee hearing on cannabis where concerns were raised over the
High Tide Completes $8.9 Million Debt Restructuring Image Cannabis NewsNovember 3, 2023 High Tide Successfully Restructures $8,9 Million in Debt with Key Lender. High Tide has announced that it has successfully completed a restructuring of approximately $8.9 million of the company’s outstanding debt held by a key industry lender under a senior secu
Sorting Robotics Secures $2M in Debt Financing to Accelerate Cannabis Industry Automation Image Cannabis NewsNovember 3, 2023 Sorting Robotics, a provider of industrial automation solutions in the cannabis sector, has successfully secured $2 million in debt financing. The investment comes from Kiso Capital and Prospeq, who are keen to support the c
Members of Washington's congressional delegation joined a bipartisan call for Cannabis policy reform
Members of Washington's congressional delegation joined a bipartisan call for Cannabis policy reform Image Cannabis NewsNovember 2, 2023 A Bipartisan Group of 31 Members of Congress Urges DEA to Deschedule Cannabis. In August, the federal Department of Health and Human Services recommended to the Drug Enforcement Administration that cannabis should
White House Urges Public Schools to Carry NARCAN Image Cannabis NewsNovember 1, 2023 The Biden administration attempted to take a step toward curbing the nationwide fentanyl epidemic Monday by sending a letter to all the educators in the country. The White House is urging American public schools to carry Naloxone, commonly known as NARCAN, to help
Thousands of California Cultivators call it quits amid wider slowdown Image Cannabis NewsNovember 1, 2023 While several segments have contracted, cultivators have taken the largest hit. While it’s no secret that California cannabis companies have been struggling for years, it wasn’t until this year that the legal marijuana market actually began to
Cannabis exports soar in Portugal Image Cannabis NewsOctober 31, 2023 The medical cannabis business in Portugal continues to grow with around 10 tonnes being sold abroad last year, according to Jornal de Notícias. According to the daily newspaper, which cites data from the National Health Service (SNS), last year there was a 63 percent increase in
House lawmakers introduce bipartisan Marijuana Legalization Bill Image Cannabis NewsOctober 31, 2023 Lawmakers in the US House of Representatives last week refiled a bipartisan bill to legalize and regulate marijuana at the national level. The legislation, known as the States Reform Act, was reintroduced by South Carolina Republican Representative
UK Medical Marijuana imports triple, Government considers regulating CBD products as food Image Cannabis NewsOctober 31, 2023 It’s been five years since medical marijuana use has been legal in the United Kingdom and new reports reveal that the import of medical cannabis has tripled in volume this year. The need for cannabis as medicine was highligh
Palm springs puts temporary hold on New Cannabis Licenses Image Cannabis NewsOctober 30, 2023 The Palm Springs City Council has approved a 45-day moratorium on new cannabis business licenses while recommendations to limit the growth of the industry are considered. The Palm Springs City Council voted last week to put a temporary moratorium on issuin
Truck filled with thousands of pounds of Marijuana crashes into California fire station’s gates, police say Image Cannabis NewsOctober 30, 2023 U-Haul Truck Carrying Marijuana Crashes Into Sierra Madre Fire Department. A U-Haul truck filled with boxes of marijuana crashed into the gates of the Sierra Madre Fire Department’s headquarters after the d
Missouri lawmaker calls for investigation into ‘fraudulent activities’ in Cannabis program Image Cannabis NewsOctober 30, 2023 Missouri Lawmaker Demands Investigation of Cannabis License Applicant Exploitation. State Sen Karla May wrote a letter to the Missouri Division of Cannabis Regulation, following a report by The Independent last week about a
