VIRGINIA CANNABIS Virginia House panel kills GOP-led push to legalize retail cannabis sales Benzinga reports that Virginia lawmakers struck down a push to legalize and set a framework for retail sales of recreational cannabis on Tuesday.
QUESTIONS FOR CONGRESS FDA’s inaction on CBD regulations means more cannabis questions for Congress The FDA’s announcement that it won’t regulate products containing CBD and will instead pass that buck to Congress means the preservation of the current, uneasy status quo for now, writes MJ Biz Daily.
SHARE-PRICE WARNING The Nasdaq stock exchange warns Organigram Holdings about their share price The Nasdaq stock exchange has warned Organigram Holdings about its share price, which has fallen below Nasdaq’s $1 minimum bid price requirement for 30 days in a row, reports MJ Biz Daily.
SOCIAL EQUITY PROGRAM The Parent Company announces details of the company’s Social Equity Ventures Brand Success Program Benzinga reports that California-based cannabis company, The Parent Company (TPCO Holding Corp.), has announced the four participants in the company’s Social Equity Ventures (SEV) Brand Success Program.
TO THE SENATE Minnesota House committee approves cannabis legalization bill Marijuana Moment reports that a third Minnesota House committee has approved a bill to legalize cannabis in the state, with another panel set to take it up on Thursday.
CANNABIS RESEARCH FDA issues clinical research guidance for cannabis Benzinga reports that The FDA has now issued final guidance outlining its stand on topics relevant to scientists related to the development of human medicinal products containing cannabis or cannabis-derived compounds.
MAJORITY RULES Weed legalization supported by majority of U.S. voters According to a survey conducted by polling firm Data for Progress, most voters support legalising recreational cannabis at the federal level, writes Morgan Paxhia for Kiplinger.
SOCIAL EQUITY APPLICANT First cannabis retail store owned by a victim of the war on drugs to open in New York The new dispensary, which like the first currently operating one will also be located in Manhattan, is scheduled to open for a soft launch on Tuesday, writes Marijuana Moment.
WHO’S NEXT? The four states who could legalize adult-use cannabis in 2023 At least four states – Ohio, Oklahoma and Pennsylvania, in addition to Minnesota – have a good chance to legalize adult-use cannabis this year, writes MJ Biz Daily.
