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Uncategorized · page 63
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Bill Would See Social Media Companies Report Drug Use to Law Enforcement
A new bill – S. 1080 or the Copper Davis Act – will require social media companies to report drug related activity on their platforms to the Drug Enforcement Administration (DEA) The bill would amend the Controlled Substances Act to require “electronic communication service providers and remote computing services to report to the Attorney General…
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Cookies Accused of ‘Burning Through Cash and Running Out of Money’ by Investor Group
California cannabis giant Cookies is now being targeted in a third ongoing legal case, with plaintiffs accusing the company of mismanaging tens of millions of dollars.
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SAFE Banking Act Unlikely To See Vote Ahead Of Summer Recess
The Secure and Fair Enforcement (SAFE) Banking Act may now not be voted on before the summer recess, extinguishing its proponents’ hopes it could get a markup next week.
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Bill Aims to Establish Regulatory Framework for CBD as a Supplement
Senator Ron Wyden (D-OR) has reintroduced a bill that aims to establish U.S.
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Missouri Will Conduct Marijuana Business Demographic Survey Amid Criticism That Black People Are Being Left Out Of Industry
State officials in Missouri have pledged to launch a demographics survey of cannabis business owners for the first time in a move aimed at addressing criticisms of underrepresentation of the Black community.
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New York launches Nation’s First Cannabis Farmers Market Initiative
In a bid to super charge the cannabis retail market, New York’s Office of Cannabis Management has announced the approval of cannabis farmers markets and has issued 212 new provisional retail licenses.
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New Jersey Cannabis Regulators Significantly Roll Back Plans to Prioritise Social Equity Licensees for a Year
In a shock move, New Jersey regulators have significantly amended plans to give ‘social equity’ applicants the first shot at establishing cannabis businesses.
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Canada Launches New Cannabis Testing Initiative
Health Canada has confirmed that this year, its Regulatory Operations and Enforcement Branch Cannabis Laboratory will begin the random purchase of cannabis products from dispensaries across the state and test them for analysis.
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New York Issues Lender Request for Social Equity Fund
New York’s social equity fund is aiming to facilitate the development of an equitable cannabis industry, prioritising loans and funding for those who have been disproportionately impacted by the war on drugs.
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Trulieve Files Lawsuit to Recover $24m From Former Partners
US cannabis giant Trulieve has filed a civil lawsuit against its former business partners in a bid to recover unpaid debts worth nearly $25m.
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Michigan Ends State Employment Cannabis Testing
Despite being legal since 2018, workplaces in Michigan have been screening potential state employees for cannabis use – with automatic disqualifications for those who test positive.
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Organigram Blames ‘THC Inflation’ For Growing Losses and Falling Revenues in Q3
Canadian cannabis cultivator Organigram Holdings published its Q3 earnings last week, reporting falling revenues and a net loss of $213.5m.
