Cannabis Daily News
Cannabis Daily News · page 30
- CBD Market
‘Pot holes,’ supply chain shortages and 2021’s biggest cannabis surprises
New York is the next big legal market on the cannabis horizon – but more than 400 cities and towns in New York have opted out of adult-use cannabis before the December 31 deadline, reports WWNYTV.
- Pharmaceutical
Cannabis M&A, lounging in the future and an LSE downturn
Ripe for the Picking | Cannabis M&A predictions for 2022 Low stock prices are likely to motivate more cannabis mergers and acquisitions in 2022, reports Insider.
- Adult-Use
Why San Francisco cannabis retailers could get a tax break
To help cannabis stores compete with the illicit cannabis market, officials want to put a hold on a new tax on licensed retailers, reports NPR.
- Adult-Use
SAFE banking left out of congressional defense bill
Senate Democrats are leading the charge to drop cannabis banking reform from the latest iteration of the National Defense Authorization Act (NDAA), according to the News Station.
- Adult-Use
All cannabis eyes on the Northeast
The CEOs of some of the biggest cannabis companies in the US say Northeastern states like New York and New Jersey are going to see the most industry action in 2022, reports Insider.
- CBD Market
Cannabis reform is a bipartisan effort
Two new bills — one aimed at expunging criminal records, the other at regulating CBD in food and drinks — show cannabis reform, unlike nearly every other issue facing Americans, is backed by both Republicans and Democrats.
- Cannabis Daily News
Constellation CEO resigns from Canopy board
Constellation Brands CEO Bill Newlands, who heads up the alcohol company with an approximate 36.1% stake in Canopy Growth, has resigned from Canopy’s board of directors, reports MJBizDaily.
- Medical
2021 was a record-breaking year for cannabis research
Researchers have published more than 3,800 cannabis-related papers so far this year, according to the National Organization for the Reform of Marijuana Laws (NORML).
- Cannabis Daily News
Standardized cannabis lab testing is coming to California
A new state law means regulators in the Golden State will have to standardize cannabis testing to reduce inconsistencies among the 41 labs operating in the state, reports MJBizDaily.
- Adult-Use
Cannabis CEOs don’t need federal legalization to grow their businesses
The CEOs of nine of the biggest cannabis companies in the US and Canada don’t have high hopes for federal legalization in 2022, reports Insider.
- Policy & Regulation
Authorities probe HEXO after report of possible link to the Hells Angels
Quebec’s public contract watchdog has asked provincial police to investigate a potential link between Hexo Corp. and the Hells Angels, reported the Globe and Mail last week.
- Cultivation
‘We’re not going to pay’: Flow founders rail against tax increase
The State of California is boasting a $31 billion surplus, yet announced plans on Nov. 17 to raise taxes on cannabis cultivators in the state… again.
