
New York’s beleaguered adult-use cannabis industry has been dealt yet another legal setback this week as a Federal court ruled that its licensing procedure is unconstitutional, just days after the state’s regulator conceded a major oversight threatening dozens of licensees.

Cannabis stocks across North America have skyrocketed to their highest point so far this year, despite a lukewarm promise from

The cannabis industry is once again awash with hope and speculation over the promise of rescheduling following reports that President Trump has promised the industry that ‘it’s something we’re going to look at’.

In a major win for the US hemp industry, language which could have seen ‘90-95%’ of hemp products banned has been removed from a major US agricultural funding bill.

Over 100 legal New York cannabis dispensaries could be forced to relocate following a monumental blunder from the state’s Office of Cannabis Management (OCM).

More than two dozen cannabis testing laboratories are seeking a collective $1 billion in damages from a major medical-equipment manufacturer they claim sold them faulty gear under false promises.

A battle for the future of the hemp industry in Texas, set to have a significant impact on hemp regulation across the US, is brewing as lawmakers return for a special legislative session marked by sharp divisions between Governor Greg Abbott and Republican leaders in the Senate.

A new phase of cannabis enforcement is underway—and few in the industry are prepared. In this guest post, activist and cannabis business and political consultant Deb Tharp lays out a compelling case that recent raids, regulatory pivots, and conservative policy blueprints like Project 2025 are not isolated events but part of a broader, coordinated shift. Her warning to operators? The trap has already been set.

Terrance Cole, has been confirmed as the new permanent head of the Drug Enforcement Administration (DEA), and will now be responsible for the future of the landmark cannabis rescheduling project.

The New York cannabis testing lab at the center of the state’s biggest product recall exited the industry amid an ongoing state audit that had temporarily shut it down, according to records obtained by MJBizDaily.
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© 2023 Prohibition Holdings Ltd. All Rights Reserved.