Cannabis Daily News
Cannabis Daily News · page 5
- Policy & Regulation
American bankers association calls for ‘swift passage’ of marijuana banking bill ahead of senate committee hearing
American bankers association calls for ‘swift passage’ of marijuana banking bill ahead of senate committee hearing Marijuana Moment reports that The American Bankers Association (ABA) is renewing its call for the passage of the Secure and Fair Enforcement (SAFE) Banking Act that was refiled last month.
- Markets & Stocks
Cannabis industry paid $1.8b in excess taxes in 2022, refund checks anyone?
Maine lawmakers reject interstate cannabis commerce bill in committee Marijuana Moment reports that a bill that would have authorized Maine’s governor to enter into agreements with other legal cannabis states to allow interstate cannabis commerce has been rejected.
- Markets & Stocks
Twitter further eases US cannabis advertising rules, adds new markets
Twitter further eases US cannabis advertising rules, adds new markets Following recent updates to its policy that would finally allow for cannabis advertising on the platform, Twitter is further loosening its limits on cannabis industry advertising, reports MJ Biz Daily.
- Companies
Canada’s biggest cannabis underdog SNDL delivers transformational year, & Australia’s medical cannabis sales could soon outpace Canada
Canada’s biggest cannabis underdog SNDL delivers transformational year Cannabis company and liquor retailer, SNDL Inc., had a record net revenue of $240.4 million in Q4 – 4% higher than in the previous quarter and more than 10x its Q4 2021 sales, reports Fintel.
- Adult-Use
Canadian cannabis sales slow in February, Delaware 22nd state to legalise recreational cannabis, & Louisiana Senators claim they ‘unknowingly created recreational THC market’
Canadian Cannabis Sales Slow in February Cannabis sales across Canada fell 7.5% from C$395.4m in January this to C$365.7m in February, though they remained up 12.8% year-on-year.
- Data & Analysis
Cannabis companies look to ‘4/20’ to light up sales, Canadian medical cannabis patients face ongoing costs issues, & Colorado cannabis sales decline
Cannabis companies look to ‘4/20’ to light up sales Cannabis companies across North America are pulling out all the stops to capitalise on 4/20 and generate bumper sales.
- Adult-Use
Celebrating Cannabis In NYC With a Historic 420 Countdown, Curaleaf Restates Sales Forecasts, & Mississauga Allows Cannabis Retail Stores
Celebrating Cannabis In NYC With a Historic 420 Countdown Royal Queen Seeds and Cannabis Now are hosting what has been described as a ‘trailblazing’ event, replicating the iconic New Years Eve Times Square countdown for 420.
- Adult-Use
US House bill would would grant cannabis companies federal tax relief, New York sues unlicensed dispensaries, & online cannabis sales approved in Colorado
US House bill would would grant cannabis companies federal tax relief MJ Biz Daily reports that legal cannabis businesses would enjoy federal tax relief under a bill introduced on Monday in the U.S.
- Cultivation
No medical cannabis markets fully meet patients’ needs, Quebec ban on home cultivation sticks, and US federal legalisation pushes forward
MEDICAL CANNABIS No medical cannabis markets fully meet patients’ needs Business West has revealed that, in the annual “State of the States” report, Americans for Safe Access (ASA) gave 13 state medical cannabis programs failing grades.
- Adult-Use
Maryland bans police searches based on odour of cannabis, Long Islands opts out of cannabis retail, & Nevada moves to protect athletes
POLICE SEARCHES Smells like progress: Maryland bans police searches based on odour of cannabis Benzinga reports that Maryland lawmakers passed a bill proposed by Del.
- Adult-Use
Connecticut prosecutors drop over 1,500 marijuana cases in expansion of legalization reliefa
CONNECTICUT Connecticut prosecutors drop over 1,500 marijuana cases in expansion of legalization relief Connecticut prosecutors have dismissed more than 1,500 pending marijuana cases, while modifying about 600 others, reports Marijuana Moment.
- Companies
Halo Collective announces management cease trade order, TerrAscend eyes TSX listing,
HALO COLLECTIVE Halo Collective announces management cease trade order Halo Collective has not met its filing deadline for its audited annual financial statements, accompanying management’s discussion and analysis, and related CEO and CFO certificates for the financial year ended December 31, 2022, reports Benzinga.
