Uncategorized
Uncategorized · page 27
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Cannabis Rescheduling Enters Next Phase as Comment Period Closes
The deadline for public comments on the proposed rescheduling of cannabis in the US has now passed, with the Drug Enforcement Administration (DEA) receiving more than 40,000 submissions over the last 60 days.
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Cannabis Market Rallies on Harris Nomination Speculation
The prospect of a Kamala Harris presidential nomination has helped boost the price of US cannabis stocks, as investors seem optimistic that the Vice President will carry the torch lit by Joe Biden.
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Ohio’s Adult-Use Cannabis Market Opens with New Licenses Issued
Ohio’s Division of Cannabis Control (DCC) has issued the first tranche of adult-use licenses, bringing a near eight-month wait to an end.
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Landmark Ruling May Delay US Cannabis Rescheduling Efforts
The planned rescheduling of cannabis in the US could now take far longer than initially expected following a landmark Supreme Court decision last week.
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New York Shut 75 Illicit Cannabis Stores in First Week as Lawsuit Fails to Derail New Crackdown
In its first week, ‘Operation Padlock,’ an initiative by the Adams administration to curb illegal marijuana sales, successfully shut down 75 unlicensed cannabis shops, officials announced on Tuesday.
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Landmark Decision Looms as Supreme Court Reviews Hemp Case Under RICO
The US Supreme Court is set to rule on a hemp-related case for the first time since the enactment of the 2018 US Farm Bill.
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Regulators Target Delta-8 THC Edibles in Latest Enforcement Action
The US Food and Drug Administration (FDA), alongside the Federal Trade Comission (FTC), has issued a further five ‘warning’ letters to companies illegally selling copycat food items containing Delta-8 THC.
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Voyager Life Seeks Exit From Cannabis Market, IMC Pushes Through 6:1 Share Consolidation, & European Cannabis Firms Target US Listings
Voyager Life [stock_market_widget type=”chart” template=”line” assets=”VOY.AQ” range=”1mo” interval=”1d” price_field=”close” border_width=”3″ tension=”0.5″ line_color=”#5679FF” range_selector=”true” axes=”true” cursor=”true” api=”yahoo-finance”] Aquis-listed CBD brand Voyager Life is the latest cannabis firm to be eyeing an exit from the sector, a move that has proven popular with its investors.
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SNDL Restructures: 106 Jobs Cut, $11M Investment for $20M Savings
Canadian cannabis giant SNDL has announced plans to enact a major financial restructuring project, slashing 106 full time positions.
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Cannabis Rescheduling Sparks Over 30,000 Public Comments Ahead of Deadline
The US Drug Enforcement Administration (DEA) has recieved over 30,000 comments on the planned cannabis rescheduling since opening up for public consultation in May.
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New Hamshire Adds Anxiety to List of Medical Cannabis Conditions as Two Further Expansion Bills Make Progress
Medical cannabis has been made available to treat anxiety for the first time in the state of New Hampshire, while a separate bill opening up the treatment for any symptom is making its was through the legislature.
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Ohio’s Cannabis Rollout: 182 Facilities Receive Provisional Licenses for Adult-Use Sales
Ohio’s cannabis regulator has issued over 100 provisional adult-use cannabis licenses to dispensaries across the state as it prepares for sales to finally launch.
