Cannabis News
Authoritative coverage of the global cannabis industry — regulation, investment, markets and policy, reported for the people who run it.
Cannabis News · page 75
- Uncategorized
New York’s Unlicensed Cannabis Store Crackdown Ruled Unconstitutional in Major Blow for Legal Operators
In a major setback for New York’s legal cannabis businesses, a state judge has ruled that recently supercharged efforts to close illicit stores are ‘unconstitutional’.
- Hemp Industry
EU to Investigate Italy’s Hemp Crackdown as Italian Courts and Industry Stakeholders Mount Opposition
The Italian hemp industry is continuing to battle attempted government crackdowns on two separate fronts.
- Uncategorized
New York’s Legal Cannabis Market Now ‘Ready to Hit Its Stride’
New York’s legal cannabis market is now ‘ready to hit its stride’ as initially intended following a turbulent entrance into the US adult-use market.
- Opinion
Colombia Emerging as a Global Supplier of Cannabis
Major exporters of medical cannabis, such as Colombia, are in a position to become early market leaders by complying with the regulations of nations that currently rely on international imports due to limited or no domestic production capabilities.
- Uncategorized
Hemp Business Owners Sue Texas Authorities, Claim Violations in Allen Store Raids
The Hemp Industry Leaders of Texas (HILT), alongside business owner Sabihe Kahn, have filed a federal lawsuit challenging the constitutionality of a series of police raids on hemp businesses in Allen, Texas.
- Uncategorized
Calls for Treasury to Update Tax Guidelines for Cannabis Businesses as Rescheduling Decision Looms
Ahead of the upcoming public hearing on cannabis rescheduling in the US, the American Institute of Certified Public Accountants (AICPA) has called on the Treasury Department to update tax guidelines for cannabis businesses.
- Hemp Industry
UK Drugs Watchdog Recommends 0.3% THC Limit for Hemp, Marking ‘Very Material Step Forward’ For Industry
Last week, the UK’s Advisory Council on the Misuse of Drugs published an official recommendation that the THC limit on industrial hemp should be raised to 0.3%, bringing it in line with the EU.
- Uncategorized
Managers of New York’s Troubled Cannabis Social Equity Loan Scheme to Pocket Millions Despite Failures
New York’s Cannabis Social Equity Investment Fund has so far failed to achieve its intended goal of raising $200m from a combination of public and private investment and helping 150 businesses open up across the state.
- Uncategorized
South Dakota Voters Face Historic Choice: Legalize Cannabis Without a Regulated Market
South Dakota voters have a unique opportunity on Election Day. Already the country’s first electorate to see adult-use cannabis legalization measures in three straight election cycles, state voters could become the first to legalize recreational marijuana possession and cultivation without setting up a market for regulated sales.
- Companies
Bedrocan Expands into Denmark with New High-CBD Cannabis Strain for Medical Use
Bedrocan, one of Europe’s largest and longest-running suppliers of pharmaceutical and medical cannabis, has announced plans to commercialise a new high-CBD strain of cannabis, Bedrolina.
- Uncategorized
New York Fines Illegal Cannabis Store Operator Nearly $10m in Warning to Illicit Market
An unlicensed cannabis store in New York has been fined nearly $10m under the state’s ongoing campaign to quash its rampant illicit market.
- Uncategorized
Legal Campaign to Overturn Federal Cannabis Prohibition Gets Oral Arguments Date in ‘Great News’ for Plaintiffs
Ongoing legal efforts to overturn the federal prohibition of cannabis received a welcome boon this week, as the appeals court scheduled a date for oral arguments to take place.
