Ohio Adult-Use Sales Near $100 Million In First Two Months
According to the most recent figures from the Ohio Division of Cannabis Control, there have been just over $98 million in non-medical marijuana sales since they began in the state on August 6. Erick Rodriguez, vice president of retail for the Cannabist Company,...
Senator Paul Introduces Bill That Would Increase THC Limit In Hemp To 1 Percent
U.S. Sen. Rand Paul, a Kentucky Republican, has introduced a bill in Congress that would raise the THC level on hemp products and lightly regulate them nationally. The Hemp Economic Mobilization Plan (HEMP) Act, among other requirements, would define “hemp” as...
Online Auction Oct. 25 For Skymint Receivership Property And Cannabis
Gene R. Kohut of Trust Street Advisors, as court-appointed receiver of Green Peak Industries (aka Skymint), will conduct an auction for the sale of cannabis equipment and/or personal property assets owned by Skymint, one of the largest network of dispensaries in...
Study: Sustained Use of Medical Cannabis Is Not Associated With Changes in Either Brain Morphology or Cognitive Performance
Adults who regularly consume medical cannabis products do not experience any significant adverse changes in either brain morphology or cognitive performance, according to longitudinal data published in the journal JAMA (Journal of the American Medical...
Court Ruling Deals Blow To Michigan’s Cannabis Black Market And Could Lead To Higher Legal Prices
The Michigan Appeals Court effectively plugged a loophole in Michigan’s marijuana laws in a Tuesday ruling, unrestricting prosecutors' ability to pursue felony charges against individuals possessing and distributing large amounts of marijuana without a state-issued...
Oct. 22-23 – Shelby Township – MICIA B2B Networking Event
The Exchange is meticulously organized for in-depth interactions between vendors and buyers. Spanning two productive days, the event includes meetings, pitch sessions, deal-making, and networking parties, making it the perfect platform for growers, processors, and...
Michigan Ranked 12th Among States With The Highest Weed Consumption In The US
The United States of America is the country that smokes the most weed in the world. As we mentioned in our article – 20 Cities with the Highest Weed Consumption in the US – the American legal cannabis industry fared well in 2023 as legal sales...
Cannabis Market Update: Is This The Bottom You Were Waiting For?
Without question, the US cannabis industry is in trouble, at least if you judge from the continuing closure of cultivation facilities and dispensaries and stock prices of the companies in our portfolio purchased in January 2022. At that time, StockWatchIndex (SWI)...
What Will The CBD Landscape Look Like If Congress Forces FDA To Finally Write Rules?
With a suite of bipartisan bills moving through Congress that could be pillars in a regulatory framework for CBD, what would it look like if they all became law? First of all, should any or all of the measures pass, the U.S. Food and Drug Administration (FDA)...
TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan
TerrAscend Corp. TSNDF cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially...
