A handful of cannabis companies recently initiated a lawsuit with U.S. Attorney General Merrick Garland regarding the negative effects of federal prohibition, which hinders their business. According to the plaintiffs, which includes Massachusetts-based Canna Provisions Inc., Wiseacre Farm, Inc., and Gyasi Sellers, and Illinois-based Verano Holdings Corp., the Controlled Substances […]
Monthly Archives: October 2023
11 posts
After nearly a decade of conversation and education on the Hill, the Senate Banking, Housing and Urban Affairs Committee finally held a markup on the Secure and Fair Regulation (SAFER) Banking Act. Previously known as the SAFE Banking Act, the “R” was included to account for Sen. Jack Reed’s (D-RI) […]
Two cannabis industry groups in Oregon have decided to join forces in a merger that comes amid a downturn in the state’s market for legal marijuana. The two groups, the Oregon Cannabis Association and the Cannabis Industry Alliance of Oregon, announced the merger last week following unanimous votes by the […]
A recent analysis of psychedelic drug use among American adults has indicated that business leaders and managers seem to be dropping more acid than their subordinates. The study, published last Wednesday in the peer-reviewed journal Substance Use and Misuse, analyzed data from the National Survey on Drug Use and Health […]
Annapolis, Maryland-based cannabis company Crabcakes & Cannabis®, pulled a popular parody sticker after receiving a cease-and-desist letter from McCormick & Company, Incorporated, the makers of Old Bay® seasoning, who said their sticker was too similar to their Old Bay logo. Crabcakes & Cannabis took the opportunity to challenge the implications […]
Nova Farms (Nova), like their CEO and founder, Derek Ross, has been galvanized by adversity, and rose above early challenges to become the largest, privately owned, vertically integrated cannabis operator in the Northeast. High Times recently sat down for a conversation with Ross and Nova’s Chief Operating Officer, Blair Fish, […]
A report published by the U.S. Census Bureau recently shows the progress of cannabis tax revenue numbers for each state. It’s the first report of its kind from the bureau and begins with the Q3 2021. “The Quarterly Summary of State and Local Government Tax Revenue provides quarterly estimates of […]
Two cannabis bills were recently sent to the desk of Gov. Gretchen Whitmer, and if passed, would work in tandem to allow the Cannabis Regulatory Agency (CRA) to do business with local Native American cannabis businesses, and vice versa. Currently, state licensed cannabis and tribal cannabis businesses must operate separately […]
A Uniquely Texas Approach to Cannabis The last few decades have seen the United States move forward state-by-state with the legalization of cannabis. Every state is charting its own unique path, and nowhere is this truer than with the state of Texas. The Lone Star State has made its way […]
Well before cannabis businesses win a license application, they need to have traditional business plans outlining how they’ll run the company. While this obviously includes things like the property, the building, products and inventory, it also includes a lot of things that are often overlooked: things like payroll, human resources […]
Ahead of the competition, drug developers are locking in patents while the psychedelic renaissance takes the medical community by storm. Enveric Biosciences, a biotechnology company focusing on the development of novel drugs primarily for the treatment of depression, anxiety, and addiction disorders, announced in a Sept. 20 press release that […]