Presidential hopeful Kamala Harris has pledged to federally legalize cannabis if she wins the upcoming election in November, marking a
Last week, the US Department of Justice (DOJ) instructed a federal appeals court to uphold a nationwide ban on cannabis, throwing efforts to overturn federal prohibition into doubt.Â
Canadian medical cannabis clinic Santé Cannabis has started recruitment for a new study assessing the effectiveness of various cannabis treatment plans.Â
Tilray’s cannabis revenues fell sharply over its first quarter, but its overall revenues were up 13% thanks to a near doubling in revenues from its alcohol business.Â
California’s largest cannabis delivery company, Eaze, is set to close its doors by the end of the year after its parent company was shuttered this summer.Â
According to finance experts, capital raises in the cannabis sector have been slow over the past year, due, in part, to the expense of debt financing.
Canopy Growth has finalised its acquisition of Wana, taking on 100% of the cannabis edibles company and its subsidiaries, Wana Wellness, The CIMA Group and Mountain High Products.Â
Missouri’s Department of Health and Senior Services (DHSS) has called for nearly $1m in funding to support enforcement of a controversial ban on hemp.Â
Prices for marijuana flowers in Michigan have nosedived since the start of adult-use sales in December 2019, and many in the industry attribute the falling prices to a glut of cultivation licenses.
California’s controversial move to ban hemp with any traceable amount of THC is facing legal challenges from the hemp industry, who are now seeking a temporary restraining order (TRO).Â
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© 2023 Prohibition Holdings Ltd. All Rights Reserved.