Massachusetts Slaps Big Cannabis With $165K Fines For Safety Failures
Violations, dating back to 2021, included facility maintenance issues such as unsecured doors and gaps in ducts. Massachusetts cannabis regulators have fined two prominent companies, Ascend Wellness Holdings and Curaleaf Holdings, for violations related to consumer safety practices. The fines
Justice Dept. Urges Court To Uphold Federal Cannabis Ban In High-Profile Case
The DOJ defends federal cannabis prohibition, citing Supreme Court precedent, despite state-level legalization. The U.S. Department of Justice has urged a federal appeals court to maintain the nationwide ban on cannabis, defending Congress's broad authority to regulate the substance despite its
The Ever-Evolving Cannabis Industry: These Are Latest Leadership Changes You Should Know About
The U.S. Hemp Roundtable Taps Two Prominent Executives In Hemp Beverage Space Into Its Ranks The U.S. Hemp Roundtable made headlines in early September as its board of directors welcomed two distinguished leaders from the hemp beverage sector to its officer ranks. Art Massolo, vice president of
Epic Cannabis Fails You Should Know About: MedMen, Eaze And Others Go Down In California Meltdowns
MedMen was once celebrated as the 'Apple Store of Weed and reached a $2 billion valuation. By April 2024, MedMen had filed for bankruptcy. As California's cannabis market expanded after legalization, several leading companies seemed poised for dominance. However, due to mismanagement, regulatory
Cannabis Giant Canopy Expands US Presence With Acquisition Of Top Edibles Brand: What It Means For Investors
The deal includes Wana Wellness, LLC, The CIMA Group, LLC and Mountain High Products, LLC. Canopy Growth Corporation announced on Wednesday that Canopy USA, LLC has completed its acquisition of Wana. The deal includes Wana Wellness, LLC, The CIMA Group, LLC, and Mountain High Products, LLC. The top
Nasdaq-Listed Cannabis Company Eyes Germany's New Hemp Legislation With Intense Interest
Flora Growth is eyeing Germany's new hemp legislation as a major opportunity, with plans to enter the market soon. Publicly traded Flora Growth Corp. is closely monitoring Germany's newly approved legislation on industrial hemp, viewing it as a potential game-changer for the European market. Germany
Hemp industry in California fights emergency regulations
Jonathan Miller: "We were shocked by the new emergency regulations." The hemp industry in California is under rising pressure after Governor Gavin Newsom issued emergency regulations that effectively hinder further development of the industry, according to Jonathan Miller, general counsel of the U.S
Tax Changes Could Unlock 'Hundreds Of Millions In Cash Flow' For Cannabis Sector, Experts Predict
Aaron Grey said at Benzinga's Cannabis Capital Conference that the removal of 280E will be transformative for cannabis operators. “The fall of 280E will be the single most impactful moment for cannabis operators in decades,” said Aaron Grey, senior analyst at Alliance Global Partners, on Tuesday at
California's New Hemp Rules Could Reshape Cannabis: 'A Different Set Of Rules In Every State'
California's new restrictions on the sale of hemp products have sparked debate within the cannabis community. As California moves forward with emergency regulations on hemp, concerns are growing about the potential consequences for the cannabis industry. Governor Gavin Newsom‘s new restrictions
Cannabis In Europe: From Marijuana Busts To New Industry Partnerships, Here's What's New In Poland, Greece And UK
Hemp&Health agreed to acquire a 5% stake in the Portuguese company Hibisco Discreto, which owns the Voyager Genetics brand. New Polish And Portuguese Hemp Partnership Hemp&Health, a Polish medical cannabis company, agreed to acquire a 5% stake in the Portuguese company Hibisco Discreto, which owns
NY Cannabis Market Soars To $654M But Equity Licensees Are Left Behind, Report Finds Image Cannabis NewsOctober 4, 2024 Despite increasing revenue, over 200 retail license holders, especially social equity programs, remain in limbo. A report filed with the New York State Legislature on Oct. 1 by the Office of Cannabis Management (OCM) and the Cannabis Control Board (CCB) reveals significant growth in the state's Marijuana Business News by Franca Quarneti
Ohio Cannabis Market Soars To $76M In Less Than 2 Months But Michigan Remains The Leader Image Cannabis NewsOctober 3, 2024 When Ohio recreational cannabis shops officially opened their doors on Aug. 6, sales zoomed to over $22.5 million in the first 12 days. Ohio's recreational marijuana industry is gaining momentum, with sales reaching $76.3 million as of the end of September. When recreational cannabis shops Marijuana Business News by Maureen Meehan
Colorado among states with biggest decline in cannabis tax revenue as more states legalize Image Cannabis NewsOctober 3, 2024 Colorado's marijuana sales and tax revenue are back on the decline after a hopeful end to 2023, indicating there's more fueling the market than simply recovering from the pandemic. The falling demand is largely due to two main factors: decreased consumption following a pandemic-fueled surge and the Marijuana Business News by MMJ Daily
UK Could Net Up To $12.6B Annually From Cannabis Legalization Image Cannabis NewsOctober 2, 2024 Cannabis legalization in the UK could generate $4.38 to $12.6 billion in annual tax revenue, according to a report by advocacy group CLEAR. The United Kingdom could generate between $4.38 billion and $12.6 billion annually in tax revenue by legalizing and regulating cannabis for adult use, according Marijuana Business News by Juan Spinelli
Cannabis Company TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan Image Cannabis NewsOctober 2, 2024 TerrAscend Corp. cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially announced in August 2024. The new funds were used to pay down higher Marijuana Business News by Rolando Garcia
Slipping Weed Sales In Florida's Market: Is This $100M Bet Really Worth The Hype? Image Cannabis NewsOctober 2, 2024 Despite pouring millions into the push for adult-use cannabis legalization, Florida's cannabis market is showing signs of strain. According to a recent report from Beacon Securities, financial backing for the legalization campaign has surged, yet dispensary sales have slipped during the third Marijuana Business News Cannabis Jobs by Nicolas Jose Rodriguez
Pesticide-Free Food Tastes Better—Wait Until You Try Clean Cannabis This Autumn Image Cannabis NewsOctober 1, 2024 As consumers embrace pesticide-free food for its health and taste benefits, Autumn Brands is bringing similar clean practices to cannabis. The women-owned, family-operated company based in Santa Barbara California is setting new standards in sustainable, pesticide-free cultivation. Co-founded by Marijuana Business News by Nicolás Jose Rodriguez
Rhode Island Officials Consider Letting Marijuana Packages Have More Color Image Cannabis NewsOctober 1, 2024 Drive along the highway and you'll see plenty of big, attention-grabbing billboards with bright colors advertising Rhode Island's few licensed cannabis retailers. But go inside one of those stores and you'll be met with a sea of neutral colors: white, gray or black. Occasionally, there's navy blue Marijuana Business News by MMJ Daily
Can Small Cannabis Companies In Illinois Break Into The Medical Marijuana Market? Image Cannabis NewsOctober 1, 2024 Medical marijuana patients in Illinois can now purchase cannabis grown by small businesses as part of their allotment, according to Erin Johnson, the state’s Cannabis Regulation Oversight Officer. Illinois boasts the “most diverse cannabis business ownership” in the country, at least according to Marijuana Business News by Rolando Garcia
Vermont regulators to stop accepting new retail cannabis applications next month Image Cannabis NewsSeptember 30, 2024 The state panel that regulates Vermont’s cannabis industry voted Wednesday to temporarily stop accepting applications for new retail licenses, a move that comes amid growing concerns the market has become oversaturated in some cities and towns. The decision, which is set to take effect Oct. 25 Marijuana Business News by Shaun Robinson
Copyright 2019 - 2024. WeedWorthy.com is a news division of MjLink.com, Inc.. All rights reserved. WeedWorthy
To contact the following departments, dial 1-844-420-4208 - Sales: Ext. #2 - Support: Ext. #3 - Investor Relations: Ext. #6
By using this website, you agree and understand that, by law: You MUST be at least 21 years of age to view any content on this website. To view the complete Terms of Use and Privacy Policy for this website, Click Here!
