Biggest Challenges For The Cannabis Industry In 2025
The U.S. cannabis industry faces five major hurdles holding back its growth, even as sales are projected to reach a record $50 billion or more in 2025.1 Business of Cannabis. “What’s on the Horizon for Cannabis in 2025?” While a final rule due...
Former High Times Chairman Adam Levin Agrees To Plead Guilty In Criminal Conspiracy Case
The founder and chairman of Hightimes Holding Corp., the company that publishes High Times magazine, has agreed to plead guilty to joining a criminal conspiracy to pay more than $150,000 in undisclosed compensation to an analyst for an investment newsletter that...
U.S. Court Upholds Restrictions on delta-8, and delta-10 Hemp In Virginia, As Farm Bill Looms
A U.S. appeals court has upheld a Virginia law that strictly limits the sale of intoxicating hemp products. The decision marks a significant blow to the hemp industry’s legal challenges against state regulations, affirming that Virginia’s law does not conflict with...
Marijuana Rescheduling Runs Into Roadblock
A Drug Enforcement Administration (DEA) judge canceled an upcoming hearing on the Biden administration’s marijuana rescheduling proposal pending appeals, effectively kicking the process to the Trump administration. Advocates of more lenient marijuana laws...